Practice areas
Dispute resolution and insolvency
We come in when the other side stops paying, stops performing, or is already in liquidation. We work through the courts and outside them, and at the start of every matter we say plainly what can realistically be recovered and what it will cost in time and risk.
- Debt recovery, from demand letters through order-for-payment proceedings to enforcement
- Representation in civil and commercial litigation and in arbitration
- Liquidation and bankruptcy proceedings on the creditor and the debtor side, including claim filings
- Contract and damages disputes, and actions for invalidity
- Conciliation board proceedings arising from consumer disputes
- Settling stuck receivables by negotiated agreement instead of litigation
Describe the matter in a few sentences. We reply within one working day with what we need for the next step.
Representative matters
Advising and representing a multinational mobile operator in disputes over the construction and operation of base stations.
Full claim management and representation in liquidation and bankruptcy proceedings, mainly for construction and real estate clients and for financial services providers.
Advising the Hungarian subsidiaries of a Taiwanese bicycle manufacturer on receivables management, and representing them before the company court and in liquidation proceedings.
Representing a foreign-owned Hungarian bank in litigation over the invalidity of foreign currency-based loan agreements.
Representing a Scandinavian and German company distributing automatic entrance systems in debt recovery proceedings: orders for payment, liquidations and litigation.
Representing an Austrian construction manufacturer and an Israeli real estate development group in liquidation proceedings.
Representing businesses in conciliation board proceedings arising from consumer disputes.
Questions clients ask us
My Hungarian partner is not paying. What is the first step?
First we check whether there is anything left to recover: company records, filed accounts, pending enforcement and liquidation proceedings. If the company is still viable, a lawyer's demand and an order for payment are the fast route; if it is collapsing, what matters is filing the creditor's claim in time and, where appropriate, petitioning for liquidation, because sequence decides who gets paid.
Court or arbitration: which should we agree on?
For straightforward domestic money claims the ordinary courts are usually faster and cheaper. For cross-border contracts arbitration is often the better choice, because an award is enforceable in many countries under the New York Convention, while recognising a foreign state court judgment can be a longer road. Decide the clause when you sign, not when the dispute starts.
As a creditor, what can I do once the debtor goes into liquidation?
The claim must be filed with the liquidator within the deadline after the liquidation is published. Late filing pushes you down the order of satisfaction. It is also worth examining asset stripping before the liquidation: transactions that defeated creditors can be challenged, and the managing director's liability may be raised.