On 15th March 2014 the new Civil Code of Hungary entered into force and it replaced the former Companies’ Act. The new Civil Code posed great challenges for the legal practitioners with its radical amendments a great amount of which affect the operation of companies. To begin with the most ... Read More »

The new Civil Code of Hungary entered into force on 15th March 2014, replacing the former Civil Code and the Companies’ Act, and among other rules, introduced a new system of liability that affects general managers in Hungary in several ways. Contrary to the unified liability system of the previous ... Read More »

The Hungarian legal system undergoes significant changes in 2012. Apart from a new constitution effective as of 1 January, 2012 which is caught Read More »