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On February 22, the government extended the state of emergency by 90 days, to May 23. The extension also applies to the transitional provisions the government passed in the earlier phase of the...

The Supreme Court of Hungary issued a Civil Law Opinion on 24 June 2009 on various practical issues concerning pre-emption rights, as governed by the Civil Code.

The new Civil Code will introduce some important changes in the field of corporate law

In this article, we provide a brief overview of some of the changes in the rules governing Hungarian public procurement procedures, changes which entered into force on 1 July 2013 and which are of a larger practical relevance.

In this article, we provide a brief overview of a non-competition provision in an employment agreement.

Although the currently effective Hungarian Civil Code does not name a call option as security, it does not prohibit the use of a call option as security either.

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.

If the Hungarian Competition Authority ("HCA") initiates proceedings based on unfair / misleading advertising (towards both consumers and non-consumers), the fine that may be imposed is rather high.

Coming into effect on Mach 15, 2014, the new Civil Code contains various important modifications in addition to its structural changes.

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.

Under the Hungarian Civil Code, neighbours are required to refrain from any conduct that would needlessly disturb others, especially their neighbours, or jeopardize the exercise of their rights.

In this article, we provide a brief overview of the Civil Law Opinion no 1/2010 of the Supreme Court of Hungary on the consequences of the invalidity of a civil law contract.

In this article, we briefly address the issue of whether the so-called "whistle-blowing hotline scheme", which is to be set up by a US public company in line with the provisions of Sarbanes-Oxley, may qualify in Hungary as a legal anonymous hotline that enables the employees of a US public company to denounce potential illegal activities carried on within that company.

The business decision to make a public takeover bid depends on the assessment of a number of legal, business and financial elements/questions. One of the most peculiar questions remains as to how to gain insider information on the target lawfully, before the announcement of the PTB and without causing overreaction on the market with a potentially price-increasing effect.

In this article, we briefly address the Supreme Court's decision in the so-called Sopron underground parking lot case which has been one of the hottest topics in the legal playing field in the past few months.

Under Hungarian law, the liquidation of a company aims at the dissolution of an insolvent company with no legal successor.