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Sándor Kovács

Senior Associate

CMS Cameron McKenna Nabarro Olswang LLP
Hungarian Branch Office
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages Hungarian, English, French

Sándor is a senior associate in the finance practice group at CMS Budapest. 

He graduated from Szeged University and also obtained a master’s degree diploma in European Law from the University of Lyon III Jean – Moulin. 

He has experience in financial regulatory matters, project financing transactions, syndicated financing matters and has assisted blue-chip Hungarian, European and US financial institutions. He has also gained considerable knowledge in representing financial institutions in litigations before the Hungarian courts and in financial licensing and supervising procedures. 

His expertise includes capital and derivatives-related transactions and he has assisted several private equity funds (including venture capital funds) in various licensing procedures from registration through operation to dissolution.

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"Sándor Kovács is very strong and reliable with good client service."

Chambers, 2023

"Very professional lawyer, available at all times, commercially-oriented very knowledgeable."

Legal 500, 2021

Relevant experience

  • A real estate investment company:
    • on setting up a fund management company and establishing a real estate investment fund, both unique structures which required complex regulatory expertise;
    • on acquisition financing for a student accommodation project that was the first on the Hungarian market.
  • A major real estate development company:
    • on financing for a major office building in Budapest;
    • on refinancing for two prominent office buildings in Budapest: Center Point and Duna Tower.
  • A major commercial bank:
    • on the complex restructuring of Energott Group, a major player in the energy sector that is owned by local governments and private individuals;
    • on financing for WING, one of the largest Hungarian real estate developers. This was significant acquisition financing whereby WING acquired further office buildings at Infopark;
  • Raiffeisen Bank on financing numerous industrial, hotel and office buildings, including:
    • the Liget Centre, a prominent office building in Budapest;
    • the equity refinancing of the “Krisztina Palace”, a modern and energy efficient office building in the centre of Buda.
  • AXA Insurance on the 100% sale of shares in its life insurance business in Hungary to Vienna Insurance Group.
  • OTP Bank:
    • on financing for a major biomass producer group;
    • on the acquisition of a property in downtown Budapest and financing to redevelop a 4-star boutique hotel within the framework of Funding for Growth Scheme of National Bank of Hungary;
    • on financing for the construction and operation of a 4-star hotel in Székesfehérvár, Hungary, within the framework of Funding for Growth Scheme of National Bank of Hungary.
  • K&H Bank on refinancing for a market-leading pharmaceutical company.
  • Eximbank on reviewing bank guarantees in the insolvency of a major construction company.
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Memberships & Roles

  • Member, Budapest Bar Association
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Education

  • 2010 – LL.M. (Master 2) in Community Law, University of Lyon III Jean – Moulin
  • 2009 – Doctor of Law Szeged University, Szeged
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Expertise

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08/09/2023
Insolvency risks and their treatment in financing transactions
CMS Budapest is hosting a new series of accreditation training events approved by the Hungarian Bar Association as part of the new compulsory accreditation system in Hungary.  Insolvency risks and their...
20/04/2023
Solvent restructuring
Banking law con­sid­er­a­tions:Leg­al frame­workRe­struc­tur­ing Dir­ect­iveRecom­mend­a­tions from the Hungarian National Bank (MNB)Corporate and tax law aspects, in­clud­ing:Short­fall capital replacement options in...
24/02/2023
Insolvency I. - What does the future bring?
CMS Budapest will be hosting again a new series of accreditation conferences approved by the Hungarian Bar Association as part of the compulsory accreditation system in Hungary.  Insolvency I. - What...
10/02/2023
Energy and Inflation Crisis - Legal challenges affecting investment properties
CMS Budapest will be hosting again a new series of accreditation conferences approved by the Hungarian Bar Association as part of the compulsory accreditation system in Hungary.  Energy and Inflation...
15/11/2022
CMS-RICS Property Talks: A new crisis—what to expect regarding lease agreements...
The energy crisis, rising inflation and the worsening economic downturn are all keeping real estate investors and property developers occupied. During this event, we will look into the changing rental...
26/10/2022
A new crisis...Re­struc­tur­ing, reorganisation, liquidation and enforcement
Our experts from the Finance and Real Estate teams will analyse the options and legal tools available to credit institutions to help distressed debtors, including through restructuring and re­or­gan­isa­tion...
16/09/2022
Waiting for a crisis: legislative and contractual aspects of reorganisation
CMS Budapest is hosting a new series of accreditation training events approved by the Hungarian Bar Association as part of the new compulsory accreditation system in Hungary.  Waiting for a crisis: legislative...
09/09/2022
Update on sustainable financing
CMS Budapest is hosting a new series of accreditation training events approved by the Hungarian Bar Association as part of the new compulsory accreditation system in Hungary.  Update on sustainable financing...
16/06/2022
Junior Banking School – Part 1
Structuring and transaction documentation systemTypes of financing structure and specialities of each structureTerm sheet (financing offer)—binding or not?LMA loan agreement analysis (1)Funding clauses...
25/02/2022
Structuring and transaction documentation system
CMS Budapest is hosting a series of accreditation training events approved by the Hungarian Bar Association as part of the new compulsory accreditation system in Hungary.  Structuring and transaction...
19/02/2021
Restructuring & Insolvency series - Liquidation procedure
During this webinar we will discuss topics around liquidation pro­ceed­ings. Re­gis­tra­tion number: NY001449/2020 Par­ti­cip­a­tion: 1 credit pointThe language of the webinar will be Hungarian. 
18/09/2020
Restructuring & Insolvency series - Liquidation procedure
During our webinar we will discuss topics around liquidation procedure