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Andras Nemeth Joins Audax Renewables as Senior Legal Counsel

Andras Nemeth Joins Audax Renewables as Senior Legal Counsel

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Andras Nemeth has joined Audax Renewables Hungary as a Senior Legal Counsel.

Nemeth joins from Paks II. Nuclear Power Plant where he was the Head of the International Legal Department since November 2017. Before that, he was a Senior Legal Counsel (Team Leader) - Generation, Trading, and Sales with E.ON Hungaria between May 2016 and October 2017. Earlier still he worked for GDF Suez Energy Europe in Hungary, first as a Legal Advisor between June 2013 and March 2015 and then as a Senior Legal Counsel between April 2015 and March 2016. 

Between November 2007 and May 2013, he was an Attorney at Law with Budapest Law Firm No. 5000, preceded by working as a Legal Advisor with UPC between 2006 and 2007 and as a Trainee Attorney with Baker McKenzie between 2002 and 2004 and between 2005 and 2006.

"Having been working for four years on a truly international and ‘mega’ project, I am really looking forward to getting back into the energy trading business, where the ever-changing market environment and the regulation, be it domestic or international, always keep a corporate lawyer busy," commented Nemeth. "Add to that the current market fluctuation, I believe that I will have little downtime. Finally, Audax is an ‘old-new’ player on the Hungarian market, meaning that even it has been on the competitive market basically since the beginning, being taken over by a new owner – and leaving the E.ON group – means that a fully functioning market player need to be set – or rather beefed-up, including creating an internal legal function. These are the challenges I am looking forward to and hoping to tackle."

Originally reported by CEE In-House Matters.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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