COVID 19 – CRISIS MANAGEMENT POLICIES IN CENTRAL EUROPE – HUNGARY – No. 4

Rules of Enforcement Changed for the Duration of the State of Emergency The Hungarian Government has adopted a second set of measures to mitigate the socio-economic impact of the COVID-19 epidemic in Hungary. In this article, we outline certain provisional rules concerning enforcement procedure which are applicable during the time of the state of emergency. […]

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COVID 19 – CRISIS MANAGEMENT POLICIES IN CENTRAL EUROPE- Supervision of Companies by the Hungarian State- No. 3

Hungary’s Government declared a state of emergency on 11 March 2020 and established the Operational Group assisting the Prime Minister in order to deal with the COVID-19 epidemic. On 14 March 2020, the Government created the Task Force Responsible for the Security of Vital Hungarian Companies (the “Task Force”) led by the Minister of Defence.

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COVID 19 – CRISIS MANAGEMENT POLICIES IN CENTRAL EUROPE- HUNGARY – No. 2

The first set of financial and economic measures taken to mitigate the socio-economic impact of the COVID-19 epidemic in Hungary was set out in the Government Decree No. 47/2020. (III.18.) (hereinafter: the “Government Decree”) published on 18 March 2020 in the Official Journal. Here are the various measures that we detail in our legal bulletin:COVID-19

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COVID 19 – CRISIS MANAGEMENT POLICIES IN CENTRAL EUROPE- BULGARIA

1. State of Emergency On 13 March 2020 the Bulgarian Parliament declared a state of emergency for one month empowering the government to impose swift measures in response to the COVID-19 crisis in the country bypassing certain standard coordination procedures. The measures are to be revised and expanded further upon discretion of the government. The

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Classement Chambers 2020

Corporate/M&A France François d’Ornano of D’ORNANO PARTNERS acts for French clients and their Hungarian subsidiaries on M&A transactions. One impressed client says that he is “always available and he produces high-quality work”, before adding: “We trust his judgement and opinions on matters, he has a very good knowledge of the local laws and situations”. Corporate/M&A

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D’Ornano Partners advised Groupama on the acquisition of Express Life in Bulgaria

D’Ornano Partners advised the Groupama Group, the French leader of the insurance market, on the acquisition of Express Life Bulgaria IJSC, a member of the Hungarian OTP Group. We assisted Groupama Zhivotozastrahovane EAD, the Bulgarian subsidiary of the Groupama Group, in the acquisition of 100% of the capital of Express Life Bulgaria IJSC from DSK

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