Allen & Overy appoints EWC financial advisor as Hungary office manager
Miklós Kádár to take office in early May as the company engages in the growth of the ECO
Allen & Overy has appointed finance lawyer Miklós Kádár to head its Hungarian firm, replacing Zoltán Lengyel, who is retiring today.
Kádár has been with A&O since joining as a junior partner in Budapest in 2006, before moving to Poland as a senior member of the firm’s regional EWC English law finance team, then spending two years at London in its leveraged finance practice group. His return to Budapest will allow the firm to offer full financial services in English law from Hungary, further integrating the office into the larger teams in London and Western Europe.
Arkadiusz Pedzich, Head of A&O EWC Practice in Warsaw, said: “We are committed to continuing to grow our EWC practice. The appointment of Miklós Kádár as head of Allen & Overy in Budapest is a testament to the importance of our Hungarian market to our global practice. “
He added: “I am convinced that with the support of the EWC partnership, our Hungarian practice will continue to thrive under his leadership.”
Kádár’s practice focuses on a wide range of banking and financial transactions, including project finance, LBOs, real estate finance, restructurings and business loans in the regions of Central and Eastern Europe, as well as in Western Europe, Turkey and the Baltic States. His work in London has also seen him regularly advising private equity firms on buyouts and other transactions in the EMEA region.
Kádár said: “We remain committed to our global, regional and Hungarian clients in Central and Eastern Europe and South Eastern Europe and focus on advising them on the most complex cross-border and national transactions and supporting them in their investments. We combine cutting-edge legal expertise in London with our exceptional national knowledge and in-depth market knowledge – this places us in a unique position and further strengthens our presence as the only global elite firm in Hungary.
Lengyel, meanwhile, is leaving the company after more than two decades.
A&O has four dedicated offices across Eastern Europe, including Budapest, Bratislava, Prague and Warsaw, as well as a series of relationship agreements in the South Eastern European region.
Last year, British company Magic Circle ended its 12-year alliance with Romanian company Radu Taracila Padurari Retevoescu, the Bucharest-based company relaunched as a stand-alone practice and replacing the RTPR Allen & Overy alliance with a relationship agreement.