When Can a Debtor Avoid Insolvency Proceedings by Invoking Set-Off?
In a recent insolvency case, the Hungarian Curia (Supreme Court) provided important guidance on when and how a debtor may invoke set-off to avoid being declared insolvent.
In a recent insolvency case, the Hungarian Curia (Supreme Court) provided important guidance on when and how a debtor may invoke set-off to avoid being declared insolvent.
The AVDH (Document Authentication Service Based on Identification), widely used by individuals, was discontinued on December 31, 2024. This change has made the creation of digitally signed documents somewhat more complex.
According to the judgment in the Inkreal case, even two parties operating within the same Member State may agree to settle their legal disputes before the courts of another Member State, even if their contractual relationship contains no other international element. This means that Hungarian businesses may litigate before foreign courts while still applying Hungarian substantive law.
The decision of the Court of Justice of the European Union confirmed that if a bank or other financial service provider rejects a loan application solely based on an automated decision-making system, the customer has the right to receive a detailed explanation of the reasons behind the decision.
At the beginning of this year, amendments to the Labour Code came into effect. While these changes are not of major significance, it is essential to review the most important ones, as their application is crucial in the daily practice.
A recent ruling by the Curia (Supreme Court of Hungary) sought to determine whether eli-minating unnecessary disturbance, as an unlawful and possessory infringing act, can be app-lied alongside a compensation claim.
The legal responsibility of online marketplaces is receiving increasing attention. The Opinion of the Advocate General in Case C-492/23 provides guidance on the extent to which an online marketplace operator is liable for user-generated content, with a particular focus on the protection of personal data.
Interoperability has become a key issue in the world of digital platforms. The CJEU's ruling in Case C-233/23 (Alphabet and Others) sheds new light on the conditions for cooperation between market players.
According to the amendment to Act XCCCIII of 2003 on Condominiums, which came into effect on October 1, 2024, the officer responsible for managing the community’s affairs (i.e., the common representative or, in the case of a management committee, the committee pre-sident) is required to register their role and personal data in the real estate registry. The de-adline for fulfilling this obligation is May 1, 2025.
On December 12, 2024, the Court of Justice of the European Union (CJEU) issued a ruling in Case C-419/23, addressing the restoration of usufruct rights on agricultural land in Hun-gary. The case has significant implications for both landowners and individuals holding usuf-ruct rights.