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New shares of AutoWallis have been listed on the stock exchange: Kapolyi Law Firm acted as legal advisor to the entire issue
/in News /by Kapolyi IrodaOn 24 November, shares from the public transaction of the AutoWallis Group were listed on the Budapest Stock Exchange in the BSE Premium category at a ceremony with the ringing of the Budapest Stock Exchange bell. We are very pleased that Kapolyi Law Firm was able to act as legal advisor in the preparation of […]
Share issue of AutoWallis Nyrt., assisted by Kapolyi Law Firm as legal advisor, closed with double oversubscription
/in News /by Kapolyi IrodaThe public issue of shares listed in the Premium category of the Budapest Stock Exchange by AutoWallis Nyrt. closed on 9 November with a huge interest, far exceeding preliminary expectations, with Kapolyi Law Firm acting as legal advisor in the preparation and execution of the issue. The huge success is also demonstrated by the fact […]
Kapolyi Law Firm prepared the legal background of the public share issue of AutoWallis Nyrt.
/in News /by Kapolyi IrodaKapolyi Law Firm prepared the legal background of the public share issue of AutoWallis Nyrt. Kapolyi Law Firm, a leading law firm in capital markets, acted as legal advisor in one of the most exciting stock market success stories of recent years. AutoWallis Nyrt., a company listed in the Premium category of the Budapest Stock […]
Two experts from Kapolyi Law Firm gave a presentation in connection with the Growth Bond Programme of the National Bank of Hungary at the ELITE workshop of Budapest Stock Exchange
/in News /by Kapolyi IrodaTwo experts from Kapolyi Law Firm gave a presentation in connection with the Growth Bond Programme of the National Bank of Hungary at the ELITE workshop of Budapest Stock Exchange On 6 October, the Budapest Stock Exchange organised ELITE workshop, an international corporate development training with the participation of nearly twenty companies, the main topic […]
Kapolyi Law Firm participated as legal advisor in the successful green bond issuance of Wing Real Estate Development and Investment Ltd.
/in News /by Kapolyi IrodaWing has issued green bonds worth around HUF 25.3 billion under the Hungarian National Bank’s Funding for Growth Scheme (FGS). One of Hungary’s largest real estate developers and investors committed to environmentally friendly solutions, will use the funds raised from the 10-year bonds, with a fixed annual interest rate of 3 percent, exclusively for environmentally […]
Financial compensation for long-continued civil procedures
/in News /by Kapolyi IrodaThe excessive length of civil procedures is not a Hungarian nor a new problem. This issue arises from several causes, so the solution shall involve more elements as well. One way of accelerating the process is the modernization of the procedural code, which the new Code of Civil Procedure has attempted to achieve – although […]
A new ESOP arrangement on the horizon
/in News /by Kapolyi IrodaThe Employee Stock Ownership Plan (ESOP) for managing financial assets available under the so-called remuneration policy was introduced by the amendment in 2015 to the Act of 1992 on the Employee Stock Ownership Plan. As part of the general provisions, the amendment stipulates that for a financial institution, an insurance undertaking, an investment firm, and […]
News on Crowdfunding
/in News /by Kapolyi IrodaAnd what news: in our previous article we reported on the preparatory phase yet, however, on 7 October 2020 the EU has adopted its regulation on Crowdfunding service providers[1], which, due to its regulatory nature, must be directly applicable by all Member States from 10 November 2021. Uniform regulation at EU level The Regulation, as […]
Panel discussion with dr. József Kapolyi at the Legal Fest Arsboni Stories about his experience of professionalism, perseverance and legal career paths
/in News /by Kapolyi IrodaThis year, the founder and head of our law firm, dr. József Kapolyi was one of the guests at a panel discussion of the Legal Fest organized by Arsboni between 10 and 14 May, where recognized executives in the legal profession shared their experiences, opinions on their field of expertise, the operation of legal representations, […]
Information on a newly introduced restructuring procedure to prevent insolvency
/in News /by Kapolyi IrodaThe bill on restructuring and amending certain laws for the purpose of legal harmonization was prepared to transpose the content of the Titles I-II of Directive 2019/1023/EU into the Hungarian law. The Directive aims to increase the competitiveness of the Member States and the EU, which the Directive aims to achieve in two phases: restructuring […]
The Government plans to amend the Civil Code and reform the registration of legal persons
/in News /by Kapolyi IrodaThe Government has recently submitted two bills concerning legal persons, T/16206 and T/16207, amending the provisions of Act V of 2013 on the Civil Code („Civil Code”) regarding legal persons and introducing a unified register of legal persons (companies and NGOs). According to the Minister’s explanatory memorandum, the amendment of the Civil Code is necessary […]
Beneficial ownership register is introduced
/in News /by Kapolyi IrodaA bill has been submitted on the establishment and operation of a reporting framework for the identification obligations of financial and other service providers, which aims to transpose the provisions of the EU Money Laundering Directives 4 and into national law. The bill provides, inter alia, for the establishment of a central register of beneficial […]
Kapolyi Law Firm is ranked again by Legal 500 as a top tier business law firm in Hungary
/in News /by Kapolyi IrodaKapolyi Law Firm is very pleased that its Banking, Finance and Capital Markets Law practice has again achieved a Tier 1 ranking in the latest edition of Legal 500. We are also happy about the further strengthening of our Real Estate and Construction Law team’s position, now being awarded by a Tier 2 rating in […]
On the latest measures of the Government regarding the epidemiological situation
/in News /by Kapolyi IrodaThe 36th issue of the Hungarian Gazette, 2021 containing the Government Decree 104/2021 (III.5.) on the temporary aggravation of protection measures (hereinafter: Decree), has been published on the 5 March, 2021. The Decree has entered into force on 8 March 2021, and its principal measures are the following. General rules The Decree, as a general […]