Schoenherr | Hungary | 1 Feb 2012
The Hungarian Companies Act ("CA") and others have long contained provisions to protect creditors.
Schoenherr | Hungary | 30 Aug 2011
Based on the Hungarian government's proposal, effective as of 27 July 2011, the Parliament passed a new legislation introducing the concept of REIT (Real Estate Investment Trust) in Hungary.
Schoenherr | Hungary | 12 Apr 2011
The Hungarian government is contemplating to introduce the concept of REIT (Real Estate Investment Trust), in order to re-vitalise stagnant real estate market activity and to support utilisation of the high volume of distressed properties.