M&A Deal Essentials: Why the Real Work Often Starts After the Deal Is Signed?

The Pre-Closing Actions For many business owners, signing the share purchase agreement (SPA) feels like the finish line. The key terms are agreed, the purchase price is fixed, and months of negotiations finally come to an end. In reality, signing is often where the operational complexity begins. The period between signing and closing is not […]

Hungary’s Wind Energy Relaunch: A New Opportunity for Foreign Investors

Hungary is entering a new phase in renewable energy development. After years of limited wind power expansion, the Hungarian Government has announced a major programme to revive the domestic wind energy sector, with competitive tenders expected to unlock at least 700 MW of new capacity in the first round and a policy ambition of reaching […]

Peter Taller Shortlisted for Most Promising Newcomer at the Middle East Legal Awards 2026

NZP NAGY LEGAL is proud to announce that Peter Taller has been shortlisted for the prestigious Most Promising Newcomer Award at the Middle East Legal Awards 2026. The Middle East Legal Awards are among the region’s leading legal industry recognitions, celebrating outstanding achievement, innovation, and professional excellence across law firms, in-house teams, and individual practitioners. […]

Limited Partnership in Hungary (Bt.): Is It Still a Good Choice for Entrepreneurs?

In the world of Hungarian businesses, the Betéti Társaság (Bt.), commonly translated as a limited partnership, was long considered one of the most popular forms of business entity. Although an increasing number of entrepreneurs have opted for the Limited Liability Company (Korlátolt Felelősségű Társaság, or Kft.) in recent years, the Bt. has by no means disappeared from either public […]

Hormuz and the Black Sea: A Lesson from History

Whenever tensions rise in the Strait of Hormuz, attention naturally turns to energy markets, naval deployments and freedom of navigation. Yet there is also a historical lesson worth considering. Strategic waterways do not merely control access to a strait. Under certain circumstances, they can determine the fate of an entire sea.  The Black Sea provides […]

EU Air Passenger Rights Reform 2027: Stronger Protection for Delayed and Cancelled Flights

The EU air passenger rights reform is set to become one of the most significant updates to European aviation consumer protection in more than two decades. The political agreement preserves the core right to compensation for delayed and cancelled flights, while introducing clearer rules on claims, passenger information, hand baggage, fare transparency and extraordinary circumstances. […]