SMARTLEGAL Schmidt & Partners | Hungary | 30 May 2023
The passing of time makes claims unenforceable in front of the courts. In some jurisdictions, a simple notice letter interrupts the limitation period. However, under the Hungarian Civil Code, creditors who want to avoid the limitation of their claim must initiate a lawsuit. Does the commencement of litigation always interrupt the limitation period? The Hungarian Supreme Court addressed this......
Schoenherr | Hungary | 30 May 2023
Financing plays a pivotal role in upholding sustainability by providing the necessary resources to implement and support environmentally friendly practices and initiatives. In Hungary, while green loans are becoming increasingly popular, the development of social and sustainability-linked loans is still in progress. With time, social and sustainability-linked loans are expected to gain......
Baker McKenzie | European Union, Hungary | 29 May 2023
Reimbursing medicinal products is critical to ensure that treatments are widely available to patients. This is especially true for innovative…
Baker McKenzie | European Union, Hungary | 26 May 2023
Reimbursing medicinal products is critical to ensure that treatments are widely available to patients. This is especially true for innovative…
GTDT PRO
Editors:
Catherine Balmond and Katharina Crinson
Freshfields Bruckhaus Deringer
Quick reference guide enabling side-by-side comparison of local insights, including a general overview; types of liquidation and reorganisation processes; insolvency tests and filing requirements; directors’ and officers’ regime; stays of proceedings and moratoria; doing business during reorganisations; asset sales; creditor remedies, involvement and proving claims; security; clawback and related-party transactions; treatment of groups of companies; international cases; and recent trends.
Bird & Bird LLP | Hungary | 17 May 2023
Lately, the Hungarian Competition Authority’s (“GVH”) has been in the forefront in the fight against inflation of food prices. In its efforts, it has…
CMS Legal | Belgium, Chile, China, etc. | 17 May 2023
Welcome to the latest edition of On your radar. Increasing the state pension age became a significant issue in France which led to protests across…
DLA Piper | Hungary | 17 May 2023
In a recent case (under No. BDT2023.4623), the Budapest Court of Appeal made an important decision on the issue of jurisdiction. The case related to…
SMARTLEGAL Schmidt & Partners | Hungary | 16 May 2023
This article analyses a recent decision of the Hungarian Supreme Court in which the Court answered the questions of whether the second-instance court is bound by a hearing request or whether it can disregard it when only questions of law arise. The Court also examined whether the failure to hold a hearing would amount to an essential breach.