Bán, S. Szabó, Rausch & Partners’ experience in labour law matters allows to represent and advise Hungarian and multinational clients in all matters related to Hungarian labour and employment laws including issues related to legal successorship in M&A matters.

Bán, S. Szabó, Rausch & Partners’ labour law practice includes

  • Transactions: In connection with acquisitions, Bán, S. Szabó, Rausch & Partners’ labour specialists are integrated into the due diligence team to identify eventual risks related to the employment and labour law conduct of the target, as well as to find out more about the special provisions relating to the management of the target company;
  • Litigations:  Bán, S. Szabó, Rausch & Partners’ attorneys focus on preventive counselling and strategies to avoid litigation, but when necessary, services include in-court litigation and dispute resolution;
  • General advice: Bán, S. Szabó, Rausch & Partners not only advises with regard to the legal situation, but develops strategies with its clients for the practical problems which they encounter in all areas of individual and collective labour and employment law;
  • Programs and schemes: Advising clients in connection with confidentiality, non-competition, non-discrimination issues, the elaboration of different bonus programs and employee share offering schemes;
  • Regulations: Preparing executive and general employment contracts, various internal regulations (ethics, bonus, home office work regulations), gives legal opinions on labour law issues (leave, salary, confidentiality, restriction of competition), gives opinions and prepares termination documents, gives advice on collective redundancies;
  • Data Protection: Advising on employment related data protection issues, compliance with the GDPR, employee monitoring options (camera, e-mail, internet, telephone, GPS), operation of whistle-blower system, and the processing and transfer of employee data (central registration of the employee data at another company of the group);
  • Employee share offerings: Advising relating to employee incentive programs. Employees are often granted with shares or options for free or they can subscribe on a discounted price as a benefit linked to their employment or linked to certain performance goals. Our usual task is to provide the issuer and the local subsidiaries with advice on the Hungarian aspects of the program, focusing on securities law, labour law, data protection law and other legal matters. Some of these programs qualify as private offerings under the securities regulations, still, registration of the offering with the National Bank of Hungary is required, which registration is carried out by our law firm on behalf of the issuer.

Key contacts:

Dr. Péter Szemán

Partner

Industry fields:

Labour Law, Data Protection, Mergers & Acquisitions
Language skills: english
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