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Results: 1-10 of 21

Hungary: Introducing the managing director without representation rights
  • Schoenherr
  • Hungary
  • July 4 2018

Hungarian law has always permitted shareholders of a company to limit the power of the company's managing director(s). Thus, it has also been allowed


Hungary: New Arbitration Rules of the HCCI
  • Schoenherr
  • Hungary
  • May 21 2018

Following the entry into force of the new act on arbitration (Act LX of 2017 on Arbitration, the “Act”) this year, the Arbitration Court attached to


Hungary: A New Era of Collective Claims
  • Schoenherr
  • Hungary
  • December 7 2017

On 1 January 2018, a new Act on civil court procedures will come into force, bringing a 50-year-long era to an end. The new law reforms existing


Potential Hurdle for Acquisitions in Hungary by Non-EU and Non-EEA Investors
  • Schoenherr
  • Hungary
  • September 7 2017

The Hungarian Ministry of the Interior recently submitted a legislative proposal to the Hungarian Government to amend the Act on Hungarian National


Hungary: Registration Fees for Company Establishment Abolished
  • Schoenherr
  • Hungary
  • March 15 2017

In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee


Hungary: update on rules applicable to executives
  • Schoenherr
  • Hungary
  • April 30 2015

Hungarian law differentiates between general employees and executives. The biggest difference between the two is that many provisions of the


Hungary: shops shall close on Sunday against all international trends
  • Schoenherr
  • Hungary
  • December 17 2014

On 15 December 2014, the Hungarian Parliament voted for the Sunday closure of shops as of 15 March 2015. This closure will apply to grocery, clothing


Hungary: new advertising tax feels like a bucket of cold ice for some companies
  • Schoenherr
  • Hungary
  • September 10 2014

Hungary's new advertising tax, which has been introduced effective as of 15 August 2014, affects not only media companies, online and offline content


Hungary: new forms of employment
  • Schoenherr
  • Hungary
  • June 24 2013

Flexibility is one of the key words of the new Hungarian Labour Code, which entered into force on 1 July 2012


Energy regulator restructured and further cuts in utilities prices expected
  • Schoenherr
  • Hungary
  • April 8 2013

In 2013, Hungary has introduced a 10 household utilities price cut in the field of electricity, gas and district heating. To ensure thorough