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Szilvia Kabács

Senior Associate

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

Szilvia is a senior associate who joined the firm in January 2012. Szilvia is qualified in Hungary and admitted as a solicitor in England and Wales. She also obtained her LL.M. degree at King’s College London in 2009. 

She is a member of the Corporate/M&A team at CMS Budapest, with substantial experience in advising on both cross-border and domestic mergers and acquisitions, including subject to UK law, and a wide range of corporate law matters, including drafting and negotiating share and asset deals and joint venture agreements, private equity acquisitions, transformations, and coordinating due diligence investigations. Szilvia has broad project management experience and sector-specific knowledge with a special focus on the banking sector and the aviation sector.

She has considerable experience advising on the employment-related aspects of transactions and generally in the field of labour law, including concluding and terminating service agreements and agreements for executives, collective bargaining agreements, collective redundancies and legal successions (under the TUPE regulation). 

She also has experience in general commercial and contract law, has worked as a secondee for the air carrier Wizz Air on aeronautical sector-specific agreements (SGHAs, ASAs, Incentive Agreements, etc.), and on various commercial agreements. Before then, she worked on pharmaceutical regulatory and food regulatory matters. 

She is a member of the AmCham Governance & Transparency Committee and the CMS German Practice.

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Relevant experience

  • Vivacom on the sale of Vivacom Bulgaria, the leading telecoms and media operator in Bulgaria to United Group, a leading independent telecoms and media provider across South Eastern Europe.
  • MOL (the Hungarian Oil & Gas Company) on the acquisition of the Aurora group, a German group of companies.
  • OTP Bank:
    • on its acquisition of the entire share capital of Banca Millennium in Romania;
    • on its acquisition of 100% of Societe Generale–Splitska Banka d.d. in Croatia.
  • MKB Bank:
    • on the sale of 100% of its shareholding in the Bulgarian MKB Unionbank EAD to First Investment Bank;
    • on the sale of its 96.3% stake in the Romania-based Nextebank SA, to a Dutch SPV of Emerging Europe Accession Fund, a private equity fund managed by Axxess Capital, whose main investors include EBRD, EIF, DEG and BSTDB as part of our client’s strategic exit from the Romanian market;
    • on the divestment of its Romanian leasing subsidiary to Trendo Automotive SRL, a member of the International Leasing Group, a large Romanian leasing business, as part of our client’s strategic exit from the Romanian market.
  • On the sale of one of the largest temporary workforce agency groups, which included an earn-out mechanism. 
  • Day One Capital on a venture capital investment in Flan-Technologies Kft., a software company.
  • Involvement in the management of an energy service provider company’s acquisition of a group of companies owned by an off-shore private equity fund, including coordinating the legal advisors in four jurisdictions (the transaction was under Cayman law). 
  • Internal restructurings and corporate housekeeping for various multinational companies, including GE, Sportsdirect, Alcatel and drafting civil law agreements for various multinational companies.
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  • 2016 – QLTS MCT Part, Kaplan, London
  • 2009 – LL.M, King’s College, London
  • 2006 – Scholarship, University of Copenhagen, Copenhagen
  • 2006 – Law Degree (JDR), ELTE, Budapest
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  • AmCham Governance & Transparency Committee
  • Budapest Bar Association, 2010
  • Member of the German Desk 
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Lectures list

  • Corporate law aspects of internal restructurings
  • Locked-box and price adjustment mechanisms (in Hungarian and English)
  • M&A workshops both internally and for clients
  • Due diligence investigations
  • The liability of management and shareholders under the new Civil Code (in Hungarian and English)
  • The liability of managing directors in the Czech Republic. Slovakia and Hungary (in German)
  • Shadow directors’ liabilities and internal restructurings
  • An M&A presentation at the Eötvös Loránd University, Budapest Hungary (ELTE)
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21 October 2016
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