The planned new Hungarian Civil Code is expected to bring significant changes to the Hungarian collateral system. The changes will hopefully eliminate certain deficiencies in the current legislation pertaining to the maximum sum mortgage, one of the more popular collateral forms used in financing transactions.

In export-import trade transactions across Europe, sellers commonly protect their assets by retaining the title of ownership until the buyer has paid the full purchase price.

Writing in the British Chamber of Commerce's spring newsletter, our Hungary tax and legal expert says involving your partners will help mitigate issues that arise in capital.

In europaweiten Export-Import-Geschäften schützenVerkäufer ihre zu verkaufenden Vermögenswerte häufig, indem siedas Eigentum bis zur vollständigen Bezahlung durch den Käufer vorbehalten.

Convertible loans have emerged as a pivotal financial instrument for start-ups navigating the challenging terrain of early-stage funding (pre-seed and seed), also called angel investment.

Since 2010, the Hungarian government has aimed at the extinction of FX-denominated loans.

After a number of years of anticipation, 2016 saw a number of large non-performing loan sales in the Hungarian market.

Haben Sie Forderungen gegen einen ungarischen Schuldner? Das wird bei uns vollgestreckt! Sobald Sie die Hürde des Erlangens eines vollstreckbaren Titels genommen habe, z.B. nach einem

Die Zahlung in Euro gewinnt in Ungarn zunehmend an Bedeutung, insbesondere bei der Zahlung der Körperschaftsteuer, die seit August 2022 nicht nur in Forint...

Good news for cryptocurrency investors: Hungary has adopted a new law on the market for crypto-assets.

Bank customers are to be given increased statutory protection, following public and media pressure for change.

From 15 March 2014, public companies limited by shares may provide financial assistance to third parties if certain conditions are met. But no restriction on assistance will apply to private companies limited by shares.

In this article, we address the issue of how a foreign monetary judgment delivered in another Member State of the EC and an EFTA Member State, respectively, can be enforced in Hungary.

In this article, we address the issue as to how an owner, such as a foreign company, may claim back his assets located in Hungary following the seizure of such assets within the frame of an enforcement proceeding commenced against an entity possessing such assets based on an agreement concluded by and between the owner (foreign company) and such entity.

According to the rules of the new Civil Code, from March 15, 2014 a prohibition of alienation and encumbrance can be established not only when the object in question is transferred.

The rapid expansion of the digital economy has outpaced traditional tax systems, creating significant challenges for governments—especially in developing countries.