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Results: 1-10 of 26

Lessons Learned over Three Years: Amendment of the Hungarian Trust Regulation
  • Schoenherr
  • Hungary
  • June 28 2017

The Hungarian Parliament passed an act in June 2017 with the aim of improving Hungary's business competitiveness. Among other things, the amendment


Hungary: New Arbitration Legislation?
  • Schoenherr
  • Hungary
  • April 27 2017

The Ministry of Justice has circulated its initiative for improving the legal environment with the aim of increasing Hungary's competitiveness by


Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?
  • Schoenherr
  • Hungary
  • March 10 2017

On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure


New regulation on unit-linked life insurance in Hungary
  • Schoenherr
  • Hungary
  • March 3 2017

Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium


Hungary: Hungary Amends its Civil Code to Help Deal with NPLs
  • Schoenherr
  • Hungary
  • January 17 2017

The purchase of loan receivables is a licensed activity in Hungary, meaning that prospective buyers are expected to have a valid Hungarian banking


Hungary: More amendments to the Civil Code to foster lending
  • Schoenherr
  • Hungary
  • December 7 2016

The Hungarian Parliament recently adopted a significant amendment package to the Civil Code. The main body of the amendment entered into force on 1


Hungary: Towards strengthened investor protection
  • Schoenherr
  • Hungary
  • August 22 2016

After the broker scandals of 2015, the government introduced new protective measures this year to restore Hungarian investors' trust in capital


Hungary: Amendment to the Civil Code in order to foster lending
  • Schoenherr
  • Hungary
  • July 14 2016

On 13 June 2016 the Hungarian Parliament adopted an amendment to the Civil Code which entered into force two years ago. The main body of the


Security with an expiration date - a recent decision on set-off in Austrian insolvency proceedings and highlights on set-off in insolvency proceedings in other CEE countries
  • Schoenherr
  • Poland, Austria, Serbia, Slovakia, Slovenia, Croatia, Czech Republic, Hungary
  • April 4 2016

The right to set-off claims and obligations in insolvency proceedings is an important tool for creditors in order to protect themselves against the


Hungary wants to become creditor-friendly
  • Schoenherr
  • Hungary
  • December 10 2015

The Hungarian Ministry of Justice acknowledged the recent criticism aimed at the difficulties regarding the enforcement of monetary claims in the