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Hungary: Decline in turnover as grounds for dismissal
  • Schoenherr
  • Hungary
  • July 5 2018

Under certain circumstances, companies may decide to restructure their internal organisation in order to: increase efficiency; reduce costs; or focus

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

Beware: not only May 25 but also June 9 has passed
  • Schoenherr
  • European Union
  • June 13 2018

It seems not only companies but also many Member States were so busy preparing for the GDPR that they lost sight of the Trade Secrets Directive that

Squeeze-outs of minority shareholders: methods and pitfalls
  • Schoenherr
  • Romania
  • May 7 2018

The squeeze-out of minority shareholders in closely held companies is a controversial issue made more complex by the large number of Romanian

EU: New Deal for Consumers - A Proposal to Strengthen Collective Redress
  • Schoenherr
  • European Union
  • April 19 2018

The European Commission has just published its comprehensive proposal for the so-called "New Deal for Consumers", which aims to strengthen EU consumer

Competition authority's first decision on unfair use of contractual advantage in food sector
  • Schoenherr
  • Poland
  • April 5 2018

Introduction In July 2017 the Act on Counteracting the Unfair Use of Contractual Advantage in Trade of Agricultural and Food Products entered into

Beneficial Owner Register - what to disclose in Austria and Czech Republic?
  • Schoenherr
  • Austria, Czech Republic
  • March 22 2018

The disclosure of beneficial owners has come to the fore with the EU Anti-Money Laundering Directive requiring EU member states to adapt their

Secret voting in general shareholders' meetings
  • Schoenherr
  • Romania, United Kingdom
  • February 26 2018

The corporate functioning rules for joint stock companies have been repeatedly altered by Romanian legislation, especially in relation to the governing structures of companies, such as shareholders' assemblies and management bodies

Share capital increases - a practical solution
  • Schoenherr
  • Romania
  • January 29 2018

In today's challenging business environment, an increasing number of companies on the Romanian market are struggling with low net assets

Managers under trade law: how will Constitutional Court rule?
  • Schoenherr
  • Austria
  • January 15 2018

The Higher Administrative Court recently requested that the Constitutional Court repeal Section 39(2) of the Trade Act, as it infringes