Partner, Attorney-at-law

Budapest

+36 1 327 7560

Highly regarded

Hungarian | English


Bar admissions:

Hungary

Jurisdictions:

Hungary

Practice areas:

Banking
Capital markets


Erika Tomori is the leading partner of the Gárdos Mosonyi Tomori Law Office, an esteemed legal expert on the Hungarian capital market. Her area of expertise extends to securities market, capital market, financial services, credit transactions and corporate law.

She started working in the early 1990s as a legal advisor to one of Hungary's largest commercial banks, and she was one of the few who had the opportunity to participate in creating the legal framework for the two-tier banking system. During her banking work, she widened her knowledge at the Academy of American and International Law (The Southwestern Legal Foundation, Dallas, Texas, USA) and at the expert courses in banking law at the Eötvös Loránd University Law Training Institute.

In 1992, Erika Tomori was one of the founding members of our Law Office and has since been the head of the firm’s capital market department. She advises and represents financial institutions and investment service providers in matters of government licensing and supervision, as well as in individual financial transactions, both domestic and cross-border, issuing of securities, IPOs, and litigation. Both the financial market and the legal profession recognise her wide-ranging practice and in-depth knowledge.

She teaches securities law and capital market regulation at the Eötvös Loránd University and the Pázmány Péter Catholic University. She also holds securities law and capital market regulation training courses at the International Banker Training Center, the Budapest Institute of Banking and the Mathias Corvinus Collegium. She teaches financial law at the Corvinus University of Budapest. In recognition of her contribution to legal education, she was awarded the title of Honorary Associate Professor by the Eötvös Loránd University in 2004 and by the Corvinus University of Budapest in 2006. In 2020, the Budapest Bar Association honoured her with the Károly Eötvös Award, the highest professional recognition within the Bar.

Erika Tomori is the co-editor and co-author of “The Commentary to the Capital Market Act” published by Wolters Kluwer, a seminal work in interpreting and applying capital market regulations. She is also the author of several articles and textbooks on securities law.

She is an illustrious member of several distinguished professional organisations: for over a decade, she was a member of the Legal Committee and the Ethics Committee of the Budapest Stock Exchange; a member of the Permanent Arbitration Court of the Budapest Stock Exchange. Currently, she is a member of the Examination Committee of the Budapest Stock Exchange, the Ethics Committee of the Hungarian Association of Investment Fund Managers, and an arbitrator of the Money and Capital Market Section of the Permanent Arbitration Court of the Hungarian Chamber of Commerce and Industry.

She is a member of the Budapest Bar Association.

  • Providing full-scale legal assistance (i.e. preparation of the information document and assisting the registration to a multilateral trading facility) to a medium company in relation to its bond issue in the amount of HUF 12 billion under the Bond Funding for Growth scheme of the National Bank of Hungary.
  • Participating in the bond issue of a major Hungarian company whereby the value of issuance reached the level of 40 billion Hungarian forints under the Bond Funding for Growth scheme of the National Bank of Hungary.
  • Took part in the establishment of a new company limited by shares with a registered capital of HUF 100 million. 
  • Represented a bank in a legal dispute whereby the court examined if a contract on investment advice should be deemed invalid on the basis that the service provider did not refuse to conclude the contract with the investor because of the lack of the suitability test.
  • Represented a client before the Arbitration Court in relation to a legal dispute in which the court examined if the client could enforce damages claims in respect of investment services if the damage itself incurred at the obligor of the lien.

  • Banking
  • Capital markets: Equity
  • Financial restructuring
  • Financial services regulatory
  • Investment funds

  • Banking
  • Financial services
  • Investment management

  • Member of the Examination Panel of Budapest Stock Exchange
  • Member of the Ethics Committee of the Hungarian Association of Investment Fund Managers 
  • Arbitrator at the Money and Capital Market Section of the Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry

  • Institution: Law-faculty of Eötvös Loránd University Budapest Hungary (1986)