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FRIED, FRANK, HARRIS, SHRIVER & JACOBSON FORMS COOPERATIVE RELATIONSHIP WITH HUNGARIAN LAW FIRM

 FRIED, FRANK, HARRIS, SHRIVER & JACOBSON
 FORMS COOPERATIVE RELATIONSHIP WITH HUNGARIAN LAW FIRM
 WASHINGTON, D.C., July 20 /PRNewswire/ -- Fried, Frank, Harris, Shriver & Jacobson announced today that it has formed a cooperative relationship with the Hungarian law firm of Burai-Kovacs, Buki & Partner, and, in that connection, has established a representative office in Budapest. Burai-Kovacs is one of the largest independent Hungarian law firms. This close working arrangement combines the benefits of Fried Frank's U.S. and international legal expertise with Burai-Kovacs' local profile and strong competence in Hungarian legal matters. Fried Frank consultant Francis S. Rath, a Hungarian-American lawyer with wide experience in the Hungarian governmental, legal and business environment, will be assisting the firm in its work with Burai- Kovacs.
 Washington, D.C. partner David E. Birenbaum, who heads Fried Frank's Central and Eastern European practice said, "We believe these arrangements will enable Fried Frank to render services of substantial benefit to U.S. and other clients interested in doing business in Hungary, as well as Hungarians engaged in international business activity."
 Birenbaum is the primary author of the two-volume work, "Business Ventures in Eastern Europe and the Soviet Union: The Emerging Legal Framework for Foreign Investment." Fried Frank London partners Jerry Smith and Bob Mollen and former senior partner Max M. Kampelman, who is of counsel to the firm in Washington, D.C., are also actively involved in Fried Frank's Central and Eastern European practice. Kampelman's distinguished career in the U.S. government includes service as chief U.S. nuclear arms control negotiator, counsel to the Department of State, and chairman of the U.S. delegation to the Conference on Security and Cooperation in Europe.
 The Burai-Kovacs firm is headed by Janos Burai-Kovacs. Aurel Pinter, a leading Hungarian lawyer, is senior counsel to the firm.
 Fried Frank has approximately 350 lawyers in offices in New York, Washington, D.C., Los Angeles and London. The firm has well-established practices in antitrust, banking, bankruptcy, out-of-court restructurings, employee benefits and executive compensation, energy, estates and trusts, public and private financing, government contracts, international trade and investment, litigation, mergers and acquisitions, real estate, securities and taxation.
 -0- 7/20/92
 /CONTACT: David E. Birenbaum, 202-639-7050, or Jerry L. Smith (London), 011-44-71-600-1541, both of Fried, Frank, Harris, Shriver & Jacobson/ CO: Fried, Frank, Harris, Shriver & Jacobson ST: New York IN: SU:


PS -- NY031 -- 0658 07/20/92 10:45 EDT
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Publication:PR Newswire
Date:Jul 20, 1992
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