M&A İşlemlerinin Temel Unsurları: Yeniden Yatırım Yapıları: Güvenli Bir Pay Ediniminde Dikkat Edilmesi Gereken Hususlar

Unlike a reinvestment agreement, which focuses primarily on the mechanics of funding the seller’s new investment, a reinvest structure raises broader questions regarding governance, future exits and ongoing investor rights. In a typical reinvest arrangement, the seller receives part of the purchase price in cash and exchanges another portion of their value into an ongoing […]
M&A İşlemlerinin Temel Unsurları: M&A İşlemlerinde Yeniden Yatırım Sözleşmeleri: Satış Gelirinin Alıcının Yapısına Yatırılması

When founders hear that they will “reinvest” part of their sale proceeds, many assume the process is straightforward. The buyer pays the purchase price. The seller receives the money. The seller then invests part of that money into the buyer’s investment structure. In reality, reinvestments are often structured very differently. These arrangements are often referred […]
M&A İşlemlerinin Temel Unsurları: Tek Bir Müşteri Tüm Satış Sürecini Nasıl Yavaşlatabilir? Kontrol Değişikliği Hükümleri

When One Customer Can Slow Down an Entire Sale: Change of Control Clauses Many business owners assume that the most important documents in a transaction are the transaction documents themselves. The SPA is negotiated, the purchase price is agreed, financing is arranged, and the parties work towards closing. In practice, however, a single customer contract […]
M&A İşlemlerinin Temel Unsurları: “No Leakage” Neden Yalnızca Bir İşlem Terimi Değildir? Locked-Box Yapısı

A fixed purchase price is one of the most attractive features of a transaction. From a client’s perspective, a locked-box structure creates clarity: the price is agreed, and there will be no post-closing adjustment debates. What is signed is what gets paid. On paper, that simplicity is compelling. In practice, however, a locked-box deal only […]
M&A İşlemlerinin Temel Unsurları: Asıl İş Neden Çoğu Zaman Sözleşme İmzalandıktan Sonra Başlar?

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 […]
Macaristan’da Anonim Şirket Kuruluşu: Kuruluş Sürecine İlişkin Pratik Bilgiler

A company limited by shares is one of the most sophisticated and prestigious forms of business organisation under Hungarian corporate law. It is typically chosen by businesses with substantial capital requirements, companies looking to attract external investors, or enterprises planning to access capital markets in the long term. One of the defining features of this […]
Macaristan’da Rüzgâr Enerjisinin Yeniden Yükselişi: Yabancı Yatırımcılar İçin Yeni Bir Fırsat

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, Middle East Legal Awards 2026’da “Most Promising Newcomer” Ödülü İçin Finalistler Arasında

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. […]
Macaristan’da Komandit Şirket (Bt.): Girişimciler İçin Hâlâ İyi Bir Seçenek mi?
Macar iş dünyasında, genellikle “sınırlı ortaklık” olarak çevrilen Betéti Társaság (Bt.), uzun süre en popüler işletme türlerinden biri olarak kabul edildi. Son yıllarda giderek artan sayıda girişimci Sınırlı Sorumluluk Şirketi’ni (Korlátolt Felelősségű Társaság veya Kft.) tercih etse de, Bt. ne kamu […]
Hürmüz ve Karadeniz: Tarihten Alınacak Bir Ders

Hormuz Boğazı’nda gerginlikler tırmandığında, dikkatler doğal olarak enerji piyasalarına, deniz kuvvetleri konuşlandırmalarına ve seyir özgürlüğüne yönelir. Oysa dikkate alınmaya değer bir tarihsel ders de vardır. Stratejik su yolları, yalnızca bir boğaza erişimi kontrol etmekle kalmaz. Belirli koşullar altında, bütün bir denizin kaderini belirleyebilirler. Karadeniz […]