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There has been some recent movement in the Executive Committee and Junior Board. After many years service we said goodbye to Mike Scott, a former Secretary General, who has been replaced by Ben Smith (Charles Russell Speechlys) who shall also takeover the role of Treasurer of the AEL.
We also welcomed 2 new members to our Junior Board, Cristin Hempel (Tiefenbacher) and Tom Wright (Brabners) to join Matteo Magistrelli (Ughi e Nunziante). We are always looking for more people to join the Junior Board and in this way if you would like to put yourself or a colleague forward please contact Helen Cooper (firstname.lastname@example.org).
The Executive Committee would like to welcome the above and look forward to working together.
Fenemore advises lenders and borrowers on trade finance and growth market transactions. He joins LKT as a partner in the Banking & Finance practice, working alongside partner and practice area head Szabolcs Mestyán.
Fenemore joins LKT from Clifford Chance’s London office. He began his legal career in Budapest with the predecessor of LKT, and then moved to London where he has been based since 2002, save for a 5 year period in Bucharest.
Managing partner Péter Lakatos said “we are very pleased to welcome John back to Budapest. With our predominantly international client-base it is important for us to have lawyers in our team with extensive experience in the London market. With John’s arrival we also maintain and develop our English law resource. In addition, John has the further advantage of fluent Hungarian and Romanian. We have always seen ourselves as innovators – with this step, raising our combined international and Hungarian Banking and Finance capability beyond anything currently available in Budapest, we are again leading the way. We are confident that banks, the finance community generally and the law firms who refer work to us will appreciate the benefits offered by this additional capability.”
Banking & Finance head Szabolcs Mestyán said “I have worked with John over many years and I am very pleased he has agreed to join our team here. With his London based emerging markets experience, and long track record of working with banks focussed on Central Europe, he will be a great addition to our Banking & Finance practice, which serves banks operating mainly out of London, Frankfurt and Vienna.”
John Fenemore said “it is great to be going back to Budapest. I began my legal career in Budapest, and have spent much of my time since then working in Central Europe, both on the ground in Budapest and Bucharest but also managing transactions across the CEE region from London. I know the LKT team well, having worked with them both while they were part of Clifford Chance and as an independent firm since 2009. They impressed me by their integrity, responsiveness and by the quality of their work. The LKT partners have built one of the leading independent firms in Hungary and I am excited by the challenge of helping the LKT team to offer first class advice to investors and institutions in Hungary and across the region.”
Fellner Wratzfeld & Partners (fwp) successfully provided legal advice to HYPO NOE, the association of mortgage banks of the Austrian Provinces and Pfandbriefbank in connection with financing repayments to be made for specific bond issues, thus ensuring the stability of both Pfandbriefbank and the mortgage banks guaranteeing such repayments.
Fellner Wratzfeld & Partners(fwp) represents HETA Asset Resolution AG (formerly HYPO Alpe-Adria Bank International AG) in connection with the judicial review proceedings before the Austrian Constitutional Court following the implementation of special Hypo legislation. The Constitutional Court has now rejected all individual applications filed by Austrian and international investors as inadmissible.
Business law firm Fellner Wratzfeld & Partners (fwp) advises UniCredit Bank Austria AG on the multi-stage structured sale of the real estate portfolio it holds via Immobilien Holding GmbH.
fwp advises WEB Windenergie AG on the first issue of a hybrid bond by an Austrian wind energy provider.
When to mediate? Can mediation be successful at an early stage of litigation? Is it necessary to have formal discovery or informal exchange of materials before undertaking to mediate?
Please see attached briefing note on the Netherlands from member firm
Members Involved: Edward Hoare, Tarlochan Lall, Hamish Perry, Sarah Henderson and Duleep Sahni.
City firm Charles Russell has advised Storm model agency owners Sarah Doukas and Simon Chambers on the sale of an initial 51% shareholding in the model agency Storm to CKK, the NASDAQ-listed global entertainment company behind Simon Fuller’s 19 Entertainment, and the joint venture agreement regarding the shared ownership.
Simon Fuller’s 19 Entertainment is one of the most successful entertainment organisations in the world, having created and produced hit television properties including “American Idol” and “So You Think You Can Dance,” and with its relationships and partnerships with some of the biggest names in sports, music and fashion, including David Beckham, Victoria Beckham, Claudia Schiffer, and world tennis No.3, Andy Murray.
Storm is a leading model agency which represents an international roster of clients that includes Kate Moss, Lily Cole and Carla Bruni.
The Charles Russell team was led by corporate partner Edward Hoare and was supported by tax partner Tarlochan Lall, corporate associate Hamish Perry, and solicitors Sarah Henderson and Duleep Sahni. CKX UK Holdings Ltd was advised by Field Fisher Waterhouse.
Corporate partner Edward Hoare said, “Having advised Storm in the past it is great to see the company become involved with one of the world’s biggest artist management firms. This instruction continues to demonstrate the breadth of our corporate practice.”