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Restructuring, Business Transformation & Insolvency

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CMS can help you with restructuring, insolvency and transforming your business. Whether caused by rapid technological developments, consumer preferences, increased success of competitors, tightening of regulation or an overall economic downturn. When businesses experience decreasing revenue and profits it is better to act sooner rather than later. CMS has lawyers based in Hungary to help businesses to reduce risk and make the most of business opportunities both locally within Hungary and across the world.

Business transformation

Business transformation may help you in keeping pace with the latest trends and developments in your sector and allow you to maintain or improve your market position. The ability to react quickly and to be flexible in incorporating changes to how your company operates has never been more imperative. 

Restructuring and protecting your business

You may consider a wide variety of measures to strengthen your (financial) position and protect yourself from the adverse effects of business related issues. Our teams at CMS  based in Hungary can help you assess your options navigate through the legal challenges related to them, be it debt restructuring, corporate optimisation (including the sale of assets), change of business model, employment reorganisation or the review of the agreements with your suppliers and creditors. 

Insolvency

In cases where insolvency is imminent, we also provide support during insolvency itself, benefitting from the experience gained by our insolvency specialists as court-appointed insolvency administrators across the region. Our experience spans all types of corporate restructurings as well as advising debtors and creditors through insolvency proceedings. We also support private equity houses and funds on sales and acquisitions of businesses and non-performing loan portfolios, supporting their investment strategies.

CMS in Hungary

CMS in Budapest is extremely well positioned to handle your restructuring and insolvency matters in Hungary. With a team of 77 dedicated partners and lawyers across corporate, finance, commercial, employment, disputes and real estate practices, we are one of the leading international law firms on the market. Contact our team in Hungary to see how we can help you optimise your business model and stay at the forefront of competition today.
 

Ex­pert Guide to Sta­bil­isa­tion and Re­struc­tur­ing
Hun­gary
Ex­pert Guide to Re­struc­tur­ing Pos­sib­il­it­ies in Europe - Hun­gary

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07/03/2022
EU and UK Sanc­tions against Rus­sia: a fo­cus on the Fin­an­cial Sec­tor
In re­cent days the EU and the UK have ad­op­ted and ex­pan­ded a num­ber of  sanc­tions meas­ures against Rus­si­an and Be­larus­i­an in­di­vidu­als and com­pan­ies. This art­icle fo­cuses on re­strict­ive meas­ures dir­ec­ted...
10/09/2021
Act LXIV of 2021 on Re­struc­tur­ing law - what does it mean for the banks...
CMS Bud­apest is host­ing a series of ac­cred­it­a­tion train­ing events ap­proved by the Hun­gari­an Bar As­so­ci­ation as part of the new com­puls­ory ac­cred­it­a­tion sys­tem in Hun­gary.  Act LXIV of 2021 on Re­struc­tur­ing...
01/06/2021
Some leaks can­'t be fixed
“Con­fid­en­tial in­form­a­tion is like an ice cube... give it to the party who has no re­fri­ger­at­or or will not agree to keep it in one, and by the time of the tri­al you have just a pool of wa­ter.” This...
05/10/2020
Re­struc­tur­ing and in­solv­ency law in Hun­gary
1. What is the primary le­gis­la­tion gov­ern­ing in­solv­ency and re­struc­tur­ing pro­ceed­ings in your jur­is­dic­tion? The In­solv­ency Code (Act XLIX of 1991) and the European Reg­u­la­tion on In­solv­ency Pro­ceed­ings...
Comparable
22/09/2020
Re­struc­tur­ing & In­solv­ency series - Bank­ruptcy pro­ced­ure
Dur­ing our we­bin­ar we will dis­cuss top­ics around bank­ruptcy pro­ced­ure
18/09/2020
Re­struc­tur­ing & In­solv­ency series - Li­quid­a­tion pro­ced­ure
Dur­ing our we­bin­ar we will dis­cuss top­ics around li­quid­a­tion pro­ced­ure
11/09/2020
Re­struc­tur­ing & In­solv­ency series - Red-flag is­sues to con­sider when re­struc­tur­ing...
Dur­ing our we­bin­ar we will dis­cuss top­ics in­clud­ing red-flag is­sues to con­sider when re­struc­tur­ing the fin­an­cing and the non-reg­u­lated re­struc­tur­ing tools