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Weil Budapest welcomes new counsel

The Budapest office of law firm Weil, Gotshal and Manges LLP carried out two promotions at the beginning of this year, welcoming László Nanyista and Pál Szabó to the counsel as of January 1, according to a press statement issued today.

László Nanyista was promoted to counsel as of January 1. He has been practicing for over 18 years and is currently in the complex commercial litigation and international arbitration practices. He has significant experience advising Hungarian and international clients in complex commercial and regulatory disputes, public takeovers, antitrust and insider trading issues with a focus on the energy and telecommunications sectors. His experience includes representing and advising companies in major corporate, commercial and capital markets lawsuits; anti-takeover defense, cartel and antitrust law; and squeeze-outs and takeover-related issues. He also regularly represents clients in major commercial and treaty arbitration proceedings.

Pál Szabó, Budapest-based Weil attorney, was also promoted to counsel as of January 1. He is in the mergers & acquisitions practice and covers all types of corporate and commercial transactions with significant cross-border and domestic mergers and acquisitions and joint ventures experience. With over 12 years of experience, he advises private and public vendors, private purchasers and private equity firms across a range of industries, including financial institutions, energy, telecommunications and media, chemistry, life sciences, and technology. He has also advised on competitive auction bid processes as well as company reorganizations and restructurings. He leads the Employment Practice of the Budapest office and has advised clients on collective redundancies, benefits and incentive programs, share incentive schemes, as well as both domestic and cross-border labor-law related transactions.

Weil’s Budapest office was opened in 1991. It is staffed by a combination of Hungarian and U.S.-qualified attorneys. The office’s strengths in mergers and acquisitions, private equity and privatization transactions are complemented by leading capital markets and finance, as well as litigation, regulatory and corporate capabilities, according to the officeʼs website.