ArticleChanges In Regulation Of The Promotion Of MedicinesThe first quarter of 2009 saw considerable change in the regulation on the promotion of medicines. HungaryFood, Drugs, Healthcare, Life SciencesSzecskay Attorneys at Law
ArticleNIS2 Directive – Experience In HungaryZoltán Balázs Kovács recently had the opportunity to share his insights on Hungary's implementation of the NIS2 Directive with an international audience of lawyers — members of the Cross Border Legal Network (CBLN), which spans across all continents.HungaryTechnologySzecskay Attorneys at Law
ArticleContinued Flexibility For Employers As Third Wave Hits Hungary – Will This Be The ‘New Normal'?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...HungaryEmployment and HRSzecskay Attorneys at Law
ArticleThe Restrained Interpretation Of Reputed Trade Marks In The European Court Of Justice´s Judgments In Intel And TDK CasesIn its recent judgments in the Intel and TDK cases (nos. C-252/07 and C-197/07 respectively), the European Court of Justice (ECJ) laid down the conditions under which the owner of a reputed trademark can enjoy protection that goes beyond the trademark's listed goods. HungaryIntellectual PropertySzecskay Attorneys at Law
ArticleOpinion Of The Supreme Court Of Hungary Concerning Certain Issues Relating To Pre-Emption RightsThe 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.HungaryReal Estate and ConstructionSzecskay Attorneys at Law
ArticleChanges To Corporate Law In The New Hungarian Civil CodeThe new Civil Code will introduce some important changes in the field of corporate lawHungaryCorporate/Commercial LawSzecskay Attorneys at Law
ArticleChanges In Hungarian Public Procurement LawIn 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.HungaryGovernment, Public SectorSzecskay Attorneys at Law
ArticleCall Options as Security from the Perspective of Hungarian LawAlthough 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. HungaryGovernment, Public SectorSzecskay Attorneys at Law
ArticleNon-Competition Agreement From The Perspective Of Hungarian Labour LawIn this article, we provide a brief overview of a non-competition provision in an employment agreement.HungaryEmployment and HRSzecskay Attorneys at Law
ArticleCommitments In Procedures Regarding Unfair / Misleading Advertising Before The Hungarian Competition AuthorityIf 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.HungaryAntitrust/Competition LawSzecskay Attorneys at Law
ArticleLaw Of Obligations In The New Civil CodeComing into effect on Mach 15, 2014, the new Civil Code contains various important modifications in addition to its structural changes.HungaryCorporate/Commercial LawSzecskay Attorneys at Law
ArticleEnforcement Of EC And EFTA Monetary Judgments In HungaryIn 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.HungaryGovernment, Public SectorSzecskay Attorneys at Law
ArticleRelease Of Assets From Seizure In HungaryIn 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. HungaryInternational LawSzecskay Attorneys at Law
ArticleIt Is Easier To Establish A Prohibition Of Alienation And Encumbrance Under The New Civil Code Of HungaryAccording 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. HungaryReal Estate and ConstructionSzecskay Attorneys at Law
ArticleJudicial Practice On Real Estate Owners Successfully Claiming Compensation From Their Neighbour For View BlockingUnder 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.HungaryReal Estate and ConstructionSzecskay Attorneys at Law
Article"Whistle-Blowing Hotline Scheme" From The Perspective Of Hungarian LawIn 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.HungaryCorporate/Commercial LawSzecskay Attorneys at Law
ArticleThe Public Takeover Bid – Assessment And RisksThe 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.HungaryStrategySzecskay Attorneys at Law
ArticleConsequences of Invalidity of ContractIn 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.HungaryCorporate/Commercial LawSzecskay Attorneys at Law
ArticleLiquidation Proceedings In HungaryUnder Hungarian law, the liquidation of a company aims at the dissolution of an insolvent company with no legal successor. HungaryInsolvency/Bankruptcy/Re-StructuringSzecskay Attorneys at Law
ArticleReport Of Claim During Liquidation ProceedingIn this article, we address the issue of whether a claim reported by a creditor during winding-up of a Hungarian company needs to be reported to the liquidator after the winding-up has turned into liquidation, or whether such a claim automatically qualifies as duly reported during liquidation and must, therefore, be registered by the liquidator.HungaryInsolvency/Bankruptcy/Re-StructuringSzecskay Attorneys at Law