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Portrait of Martin Wodraschke

Martin Wodraschke

Partner
Co-Head of CMS Auto-Tech Group and Co-Head of CEE German Practice

CMS Cameron McKenna Nabarro Olswang LLP Magyarországi Fióktelepe
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages German, English, Hungarian, Italian

Martin Wodraschke is a partner at CMS Budapest, Co-Head of CEE German Practice and Co-Head of the CMS Auto-Tech Group. He is a German qualified lawyer and member of the Munich and Budapest Bar Associations.

His areas of expertise are commercial law with specific understanding of the automotive sector. Martin has 20 years' experience in leading and coordinating cross border projects and commercial roll outs in Hungary and CEE.

Besides, he advises OEMs and other investors on their business activities in Hungary and the CEE region. Martin provides his clients with insights into the local legal customs, which are relevant to German entities investing in or having their business activities in CEE.

Martin is teaching German civil law at the Eötvös-Loránd-University Budapest and a Ph.D. candidate conducting research in Law&Economics at the Andrássy University Budapest on the development of liability rules for autonomous vehicles.

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Relevant experience

  • AURELIUS Invest on acquisition of Coats Group and sale of Framochem.
  • German Embassy in Hungary on the purchase and reconstruction of the Ambassador’s residence in Budapest.
  • MAN FS on financing of truck-business in Hungary.
  • Kienle + Spiess / Sumitomo Group on vendor DD, restructuring measures and providing full service in all areas of law.
  • A group of German OEMs in relation to the liquidation of a major supplier.
  • MAGNA / COSMA Alu Structures on the purchase of BDW Group.
  • A major German OEM
    • on employment matters in CEE.
    • on commercial matters on a continuous basis in CS-EU countries.
    • on data protection and compliance issues across the region.
    • on an insolvency procedure against a supplier in CEE.
    • on financing used cars and demo cars.
  • Funkwerk AG on a procurement project.
  • EUROPART on general employment issues.
  • A major German healthcare gas supplier on its business units in CEE.
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Memberships & Roles

  • President, Alumni-Association of the Andrássy University Budapest
  • Member, IMD Alumni Club Austria / CEE
  • Member, Munich Bar Association
  • Member, Hungarian Bar Association
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Publications

  • The Road to the (Autonomous) Future - Jan 2022.
  • Can Consumers still trust their cars? - Budapest Business Journal, VOL. 24, 13/2016.
  • Various possibilities – New investment incentives in Hungary / Regional separation of subsidies (article in German), In Ost-West-Contact 5/2015.
  • Chapter on Hungary in Handbook of the Societas Europaea (Handbook in German) 2014
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Education

  • 2016 (Ongoing) - Ph.D. on Legal Aspects of Autonomous Cars, Andrássy University, Budapest 
  • 2005 – LL.M., Andrássy University, Budapest
  • 2000 – Bar Exam, Landgericht München, Munich
  • 1998 – Master Degree in Law, Ludwig Maximilian University, Munich
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Feed

29/04/2022
ESG Ex­change CEE - join the con­ver­sa­tion
ESG con­sid­er­a­tions are in­creas­ingly re­cog­nised as in­ter­re­lated busi­ness is­sues, crit­ic­al to long-term share­hold­er value and busi­ness re­si­li­ence, which re­quire to be put at the head of the safety of an or­gan­isa­tion and mon­itored at board level.ESG Ex­change CEE is a series of short videocasts with CMS ex­perts and guests ad­dress­ing chal­lenges and trends rel­ev­ant to CEE busi­nesses, as the re­gion’s fo­cus on ESG re­port­ing in­creases fol­low­ing EU tax­onomy com­ing in­to ef­fect in Janu­ary 2022.
18/01/2022
The Road to the (Autonom­ous) Fu­ture
It is no longer pos­sible to dis­cuss the fu­ture of trans­port without the ques­tion of autono­ma­tion be­ing raised. The ques­tion of ‘how long’ un­til Autonom­ous Vehicle (AV) de­ploy­ment be­comes a real­ity...
31/08/2021
Re­ima­gin­ing Trans­port: Hy­dro­gen Trains
In the first in our Re­ima­gin­ing Trans­port series, we look at the po­ten­tial for hy­dro­gen powered trains to be­come a part of the rail net­work’s move to net-zero. Already in op­er­a­tion in se­lect rail lines...
01/09/2020
CMS in Hun­gary
Like the rest of the world, busi­nesses in Hun­gary are still fa­cing with chal­lenges and many un­cer­tain­ties. The chal­lenges of re­cent times, the epi­dem­ic situ­ation, the short­age of raw ma­ter­i­als, the...
21/05/2020
Autonom­ous vehicles law and reg­u­la­tion in Hun­gary
1. Is the test­ing of AVs (SAE Levels 3-5) per­mit­ted on pub­lic roads in your jur­is­dic­tion? Test­ing Levels 3-5 AVs on pub­lic roads in Hun­gary is per­mit­ted only where spe­cif­ic pri­or au­thor­isa­tion has been...
28/10/2019
Dis­tri­bu­tion law in Hun­gary
Agency Agree­ments Hun­gari­an law on Agency Agree­ments is set out in the Hun­gari­an Civil Code, which, in sec­tion 6:288 and fol­low­ing, in par­tic­u­lar im­ple­ments the re­quire­ments of EU law on Com­mer­cial Agents...
21/10/2019
Hun­gary an­nounces AI Ac­tion Plan
Hun­gary an­nounced an AI Ac­tion Plan, which ana­lysts are call­ing the first pil­lar of a na­tion­al AI strategy to define and form the in­sti­tu­tion­al frame­work of the Hun­gari­an data mar­ket and the AI eco­sys­tem...
24/01/2019
Auto­mot­ive in Trans­ition Con­fer­ence
Di­git­al­iz­a­tion is lead­ing to­wards a 4th in­dus­tri­al re­volu­tion and there are ma­jor changes hap­pen­ing in the auto­mot­ive in­dustry, where AI and IoT of­fer new ways of pro­du­cing cars. Join us and have a look...
24/01/2019
Auto­mot­ive in Trans­ition Con­fer­ence
An­drássy Uni­versity, 24th Janu­ary 2019Our col­leagues in Bud­apest proudly wel­comed over 100 del­eg­ates to the “Auto­mot­ive in Trans­ition Con­fer­ence” at An­drassy Uni­versity Bud­apest last week. Co-hos­ted...
05/11/2018
Hun­gary's newly formed AI Co­ali­tion places na­tion on fast track to be a...
In the wake of the Oc­to­ber 2018 found­ing of Hun­gary’s AI Co­ali­tion, a part­ner­ship between state agen­cies, lead­ing IT busi­nesses, and uni­ver­sit­ies, Hun­gary is work­ing to­wards draft­ing a com­pre­hens­ive...
05/10/2017
De­liv­er­ing ex­pert ad­vice on autotech
Autotech is an ex­cit­ing growth in­dustry with huge po­ten­tial. More than 12 mil­lion fully autonom­ous vehicles are ex­pec­ted to be sold each year by 2035.Autonom­ous and elec­tric vehicles are the hot­test top­ics...
23/05/2017
We­bin­ar: Del­eg­at­ing de­cisions to ma­chines
The CMS Com­mer­cial group is de­lighted to in­vite you to the second we­bin­ar for this year. This time our presenters will dis­cuss Del­eg­a­tion de­cisions to ma­chines – leg­al is­sues of ad­vanced man­u­fac­tur­ing...