Dentons’ Budapest office received the National Law Firm of the Year Award for Hungary - for the second year in a row - at the IFLR European Awards, held yesterday at the Savoy Hotel in London. These prestigious awards, conferred annually by International Financial Law Review (IFLR), honor Europe’s most innovative firms and deals.

This award recognizes Dentons’ significant achievements in Hungary and elsewhere in the CEE/SEE region, and the work that the Budapest team has done on major projects and transactions over the past 12 months. This award is the latest in a series of successes for Dentons, which recently was named Europe Law Firm of the Year at the Chambers Europe Awards 2017 - the first time that Dentons received this prestigious Europe-wide award.

Dentons has a team of 50 legal professionals in Budapest, working in core practices including Banking and Finance, Corporate and M&A, Private Equity and Real Estate. The team has demonstrated its legal knowledge in major assignments, state-connected transactions, and other deals in Hungary and the region, such as the sale of private equity-invested Scitec Nutrition, the investment into Erste Bank Hungary, and the acquisition of Budapest’s Váci 1 building.

“Our success as ‘Law Firm of the Year’ for two years running, coming so soon after the Chambers Europe Law Firm of the Year Award, is a testament to the quality of our Budapest team, and our capability to deliver in significant cross-border transactions across the entire CEE/SEE region. By delivering quality service and professional excellence to our clients in Hungary, we continue to reinforce our strong reputation for M&A, Private Equity and Real Estate work,” said István Réczicza, Hungary Managing Partner at Dentons.

Tomasz Dąbrowski, Chief Executive Officer of Dentons Europe, added: “Our Budapest office is a major regional talent center and an excellent example of our Firm's polycentric model in action. Not only is Dentons recognized as a market leader in Hungary, but the team has also served as a lynchpin in several major multi-jurisdictional transactions in the CEE and SEE region.”

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