We are thrilled to announce that at the CEE Legal Matters Deal of the Year awards gala held in Budapest last night, Szecskay Attorneys At Law from Hungary – for a major deal we worked on in 2018 – gets a Deal of the Year Award – in the category MONTENEGRO.
How come?
One of the major cases in 2018 that our firm worked on was PPF’s acquisition of Telenor’s telecommunications assets in the CEE region for EUR 2.8 billion on an enterprise value basis. The deal was shortlisted for the “CEE Legal Matters Deal of the Year Award” in several country categories of the CEE region since it covered Hungary, Serbia, Montenegro and Bulgaria.
Lead counsel for the buy side was White&Case, who coordinated the independent local law firms Karanovic & Partners in Serbia and Montenegro, DGKV in Bulgaria and Szecskay Attorneys at Law in Hungary, which was the jurisdiction with the main target companies.
Sale side lead counsel was Latham&Watkins assisted by Schoenherr in the CEE jurisdictions.
Allen & Overy, BDK Advokati, and Boyanov & Co. advised Societe Generale, as agent, and a syndicate of banks on a EUR 3.05 billion credit facility provided to PPF Group for the acquisition. Szecskay Attorneys at Law advised PPF Group on Hungarian law issues in connection with the financing of the acquisition.
This shows that independent law firms with a strong international network can serve the clients’ interests efficiently, seamlessly and successfully!
Thank you for the great collaboration and congratulations to our co-winners!
