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......
Shearn Delamore & Co | Malaysia | 8 Feb 2023
In 2016, a plaintiff brought a limitation action to limit its liability regarding pollution damage or loss in relation to an incident, on the basis that the incident had occurred by no act of omission of the plaintiff. As all claims were settled by the plaintiff on confidential terms, all defendants filed their notices of discontinuance. No payment was made out from the plaintiff's limitation......
Ogier | Luxembourg | 6 Jan 2023
Outstanding tax debts are, in principle, subject to forced collection by the Luxembourg tax authorities. Recovery procedures involve several phases…
Bharucha & Partners | India | 5 Jan 2023
This article examines the NCLT and NCLAT's power to exercise contempt jurisdiction under the Insolvency and Bankruptcy Code, 2016, and the…
BLawyers Vietnam | Vietnam | 21 Jul 2022
Thời hiệu khởi kiện là khoảng thời gian tối đa mà chủ thể được quyền khởi kiện để yêu cầu Tòa án giải quyết vụ án dân sự bảo vệ quyền và lợi ích hợp…
Hogan Lovells | European Union, Germany | 21 Jul 2022
Der mit einem kennzeichenrechtlichen Verfahren um die Rechte am Unternehmenskennzeichen „HEITEC“ befasste BGH legte dem EuGH vier Fragen zur…
Astor Legal | Australia | 7 Jul 2022
When a person is charged with a criminal or traffic offence after a long delay, they may ask ‘is there a statute of limitations in Australia?’ In…
Eversheds Sutherland (International) LLP | Poland | 1 Jun 2022
In Polen ist es - noch - möglich die Verjährung von Ansprüchen durch eine Aufforderung unterbrochen, einen Vergleichsversuch zu unternehmen (wniosek o…
Kubas Kos Gałkowski | Poland | 5 May 2022
An amendment to the Polish Civil Code was recently announced. The amendment affects article 121 of the Civil Code, which specifies when a limitation period is subject to suspension. This amendment should be regarded as another step by the Polish legislature to counteract the practice of submitting motions for a summons to a conciliation session for purposes other than to reach a settlement.
Leite Tosto e Barros Advogados | Brazil | 8 Mar 2022
Towards the end of 2021, the Brazilian Superior Court of Justice (STJ) issued a decision regarding Brazilian agribusiness bonds. This was not the only bond submitted to the ruling of the STJ: bank credit notes (CCBs) also came into question, in the context of a challenge to the statute of limitations for their collection. The STJ ruling in this case is and will remain relevant, considering......