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Potential unlimited liability for passive shareholders of liquidated companies

CMS Cameron McKenna
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Hungary
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April 8 2013

Shareholders who fail to intervene to stem the losses in a company they control may be held personally liable for the company's debts if it is

CMS quarterly communications update - July 2012

CMS Cameron McKenna
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Austria, Bulgaria, European Union, Germany, Hungary, Italy, Russia, Slovakia, Spain, Switzerland, United Kingdom
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July 20 2012

Quarterly update summarising regulatory and legal developments from the last three months in the communications, media and satellite sectors in Europe

Transfer of company seat across EU states

CMS Cameron McKenna
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European Union, Hungary
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July 20 2012

Companies moving their registered seat to another EU country must be given equal treatment with companies established in that country, according to the ECJ

Important change to consumer protection laws

CMS Cameron McKenna
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Hungary
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May 25 2012

On 21 May 2012, new consumer protection legislation was accepted by Parliament

New corporate law changes affecting Hungarian companies

CMS Cameron McKenna
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Hungary
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February 22 2012

As of 1 March 2012, the amendment of the Companies Act, the Companies Registration Act and certain related acts will enter into force, which may affect Hungarian companies