Archives: Area
Restructuring & Insolvency Proceedings
No company wants to find itself in financial distress. But having a skilled, knowledgeable, and experienced team by your side during these difficult times can be the difference between failure and a good outcome. With professional advice, some ailing businesses can get through the rough patch and come out stronger on the other end – to benefit their creditors, employees, and owners. The Hungarian market has undergone tremendous changes over the past thirty years. The Restructuring and Insolvency team at KNP LAW has been by our clients’ side to help them navigate challenges during the inevitable difficult periods. Now especially more than ever due to the COVID-19 pandemic, we are mindful of the severe disruptions that continue to ravage many sectors of the national and global economy, especially in the travel, tourism, and hospitality sectors. We have been increasingly called on to help our clients identify and implement creative and effective strategies to ensure that they can weather the ongoing storm without sustaining permanent damage to their business. Now more, individualized attention and a holistic approach drawing on the experience and expertise of an entire law firm are essential to crafting a strategy that can give clients a path out of the difficult straits they find themselves.
Read MoreReal Estate, Development & Construction
KNP LAW is known for its commercial real estate experience in developing, investing, and transactions related to property in and around Hungary. Through our experience, we have gained in-depth, practical knowledge that covers all aspects of real property law and related taxation regulation. Therefore we can provide quality, complex consultation and assistance through the entire procedure of acquisition, renting, structuring, construction, development, and the re-development of real properties. KNP LAW is associated with several significant commercial real estate developments and has been involved in numerous transactions in and around Budapest. Our clients include foreign states and governments, leading global hotel and office building investors, international educational institutions, shopping center operators, and businesses active in other real estate developments. The related transactions include purchasing, selling, and renting diplomatic facilities, five-star hotels, office buildings, shopping centers, and properties of other users. KNP LAW’s real estate team prepares purchase and sale agreements. We provide complex property development consultation and assistance covering purchasing, rezoning, planning, financing, project management, investment, and construction assistance.
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Tax Law
Taxation is a critical factor in a company's lifecycle. In business, companies don’t leave their tax issues up to chance, and their approach to taxation requires serious consideration and legal planning. Our experience in the industry gives us insight and perspective to prepare the most rational and optimal options for our clients in tax-related matters. Due to the diversity of our client's business activities, we deal with many areas, from the taxation of food supplements to tax regulations of medical products. We are particularly adept at reducing liability risk for our clients while simultaneously maximizing opportunities. We think of tax law not only as imposing fiscal obligations on companies and individuals but also as a source of wealth generation for those who understand the opportunities that different tax structures create. A partnership with KNP LAW ensures that your liability exposure is protected and that your tax planning is aligned with (and helping you maximize) the benefits of your general commercial strategy.
Read MorePharmaceutical & Life Sciences Law
The technology and innovations surrounding pharmaceutical and medical devices are constantly evolving and changing, while the regulatory environment focuses on budgets, spending, social reimbursement, and general healthcare issues. Pharmaceutical & Medical Law is one of our more substantial focus areas. Our Pharmaceutical & Medical Law practice group regularly represents and advises pharmaceutical companies, healthcare providers, and other key players in the pharma industry. We have an extensive track record of Hungarian and international clients with various matters in the sector.
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Data Protection & GDPR
Information has always been valuable, never more so than today, when vast swathes of data about companies and individuals have become digitalized. This phenomenon has ushered in “the information age” and has led to unprecedented opportunities for society and business. Precisely because the information is so valuable, it must be effectively protected so that those to whom the information belongs are not harmed. Myriad rules and regulations can pose a minefield for clients who lack experience in this area – and potentially severe liability if they have not taken the appropriate precautions and instituted the necessary data protection protocols to ensure information safety. Our team’s comprehensive data protection knowledge has developed over years of work in this complex area of law. We provide data protection and privacy-related law services to all sizes of businesses based in the European Union and the US as well. We have a great professional background, enabling us to provide a practical approach and give high-quality advice. Our data protection and privacy-related legal services include conducting complete data protection due diligence for companies to comply with all the EU ad Hungarian regulations in force. In our experience, early monitoring and risk management are crucial to minimizing company risk and ensuring that data protection issues do not burgeon into a liability.
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CONTACT
Address:
Bartók Ház H-1114 Bartók Béla út 43-47. A/6 Budapest, HungaryTelephone:
+ 36 1 302 9050Mobile:
+36 70 410 5023E-mail:
knplaw@knplaw.com
CONFERENCE BLEUE
KNP LAW has been a member of Conference Bleue since 2007. For further information, click here. KNP LAW joined the GBL Alliance in 2021. For further information, click here.
