The Legal 500

Legal Developments in Hungary

• HUNGARIAN CASE LAW DEVELOPMENTS IN CARTEL MATTERS

  A recent second instance judgment by the Metropolitan Court of Appeal (“Court of Appeal”) provides some interesting insight into the court’s approach in cartel matters. The case before the Court of Appeal concerned the second instance review of a first instance judgment that annulled certain parts of the decision of the Hungarian Competition Office (the “HCO”).
  - Kinstellar

• HUNGARIAN REAL ESTATE INVESTMENT TRUST REGIME

  Hungary is the first country in the CEE region to introduce the real estate investment trust (REIT) regime on the back of US and Western European examples. The new REIT regime took effect on 27 July 2011.
  - Kinstellar

• Implementation of the European Semester

  After the publication of the Annual Growth Survey (AGS) by the European Commission, the Hungarian Presidency undertook to implement the first ever "European Semester" a six-month period of each year in which Member States' budgetary and structural policies are reviewed to identify any inconsistencies and emerging imbalances, so as to facilitate coordination before major budgetary decisions are finalised.
  - Andreas Neocleous & Co

• LEGAL & TAX | NEWS September 2010

  BANKING & FINANCE  .  REAL ESTATE & CONSTRUCTION  .  PROCUREMENT & REGULATORY  .  EMPLOYMENT & PENSIONS
  - bpv Jádi Németh Ügyvédi Iroda

• AMENDMENT OF THE FISCAL CODE AND OTHER FISCAL-FINANCIAL MEASURES

  Government Emergency Ordinance no. 58 (the “Ordinance”) for the amendment and completion of Law no. 571/2003 regarding the Fiscal Code (the “Fiscal Code”) and other fiscal-financial measures was published in the Official Gazette of Romania, Part I no. 431 of June 28, 2010. The Ordinance shall enter into force on July 1, 2010.
  - bpv Jádi Németh Ügyvédi Iroda

• Newsletter: Your Legal Key to Hungary

  Changes in the court and authority delivery.
  - bpv Jádi Németh Ügyvédi Iroda

• EC TRADE MARK LAW IN THE LIFE SCIENCES INDUSTRY AS EXEMPLIFIED BY THE CASE BAYERN INNOVATIV V OHIM

  This article tries to shed light on an important area of trade mark law in connection with a decision recently handed down by the European Court of First Instance (the "CFI"), more specifically with respect to the complex question of similarity between marks and confusion of the public. This question is naturally an issue of fact and evidence and is - to a large extent - imbued with subjectivity. Therefore, new cases brought before the courts always have to be assessed afresh, taking all the surrounding circumstances into consideration, and the outcome can at times be surprising, even for experienced trade mark lawyers.
  - Szecskay Attorneys at Law

• HUNGARIAN DATA PROTECTION LAWS

  TRANSFER BY THE EMPLOYER OF EMPLOYEES' PERSONAL DATA TO THE US FROM THE PERSPECTIVE OF HUNGARIAN DATA PROTECTION LAWS: In this article, we briefly address the issue of what requirements prescribed by Hungarian laws on data protection must be complied with by an employer that wishes to transfer the personal data of its employees to the United States.
  - Szecskay Attorneys at Law

• THE "UNDERGROUND PARKING LOT CASE IN SOPRON"

  The Supreme Court's decision in this Sopron underground parking lot case has been one of the hottest topics in the legal playing field in the past few months. We briefly discuss the decision below, and describe a possible way to solve the problems it has raised.
  - Szecskay Attorneys at Law

• Environment Law 2009: Hungary

  A practical insight to cross-border Environment Law
  - Oppenheim