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Schoenherr Hungary was established in 2008 when a well-established team of experienced legal professionals, now led by Dániel Gera, joined the firm in order to benefit from Schoenherr’s strong position in the CEE/SEE region.
It has a long track record of representing foreign investors, mainly in acquisitions and green field investments, corporate, employment law, merger control filings and other competition matters, finance and insolvency matters as well as real estate transactional mandates, construction and development, including large-scale infrastructure and energy projects. Additionally, the team advises numerous sizeable corporate clients on an ongoing basis on issues such as general corporate, commercial and regulatory matters, real estate and employment law.
Recently, the office has been attracting a growing number of international and domestic corporate clients in the energy, food, technology and banking and insurance sectors. All lawyers speak English and German in addition to Hungarian.
Váci út 76.
H-1133 Budapest
T: +36 1 870 07 00
F: +36 1 870 07 01
office.hungary@schoenherr.eu
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Has arbitration become cheaper than litigation in Hungary?
As of 28 January 2025, a legislative change has drastically increased procedural fees for litigation in Hungary. In contrast, the procedural costs of arbitration have remained the same. This raises the question: which option is now cheaper?
Captive insurance and its prospects in Hungary
Captive insurance has experienced significant growth globally in recent years, driven by hard market conditions, emerging risks and increased volatility. Statistics reveal a steady increase in the number of captives over the past four years, rising from 5,879 in 2020 to 6,181 by the end of 2023, according to the Captive Managers and Domiciles Rankings + Directory 2024 published by Business Insurance.[1] Captive insurance companies are also increasingly used by Forbes 1000 and Fortune 500 companies to manage complex and emerging risks.
Dániel Gera
Office Managing Partner
Schoenherr Hungary
H-1133 Budapest
Váci út 76.
T: +36 1 870 07 00
F: +36 1 870 07 01
office.hungary@schoenherr.eu