Budapest Classic Grand Prix 2023

The Budapest Classic Grand Prix was held for the 16th time on August 27, 2023. The vintage car heritage race was once again supported by the KRS Law Firm, which even started with its own car. The field of nearly 100 cars paraded through Budapest, then spectators had the opportunity to admire the 'rolling museum' in Szentendre, Esztergom, and Gödöllő. The prestigious and longstanding event concluded with an award ceremony, where our law firm's special awards were presented to the team competition winners.

We have successfully closed an M&A transaction!

This time, one of the clients of our office carried out an M&A transaction for the acquisition of a construction and development property worth four million euros. During the high-value transaction, KRS carried out the legal and financial screening of the target company, the representation of the buyer with regard to legal and tax aspects and the preparation of the transaction documents.

Is it possible to claim for damages in addition to the financial compensation agreed with the insurance company?

Mainly in case of car accidents, it may happen that the insurance company not only compensates the victim of the accident or the entitled person in case of their death, but also reimburses the property damage of a third party on a settlement basis. However, the third party may have suffered not only financial damage, but also so-called non-financial damage, such as a mental condition or illness resulting from a psychological shock.

Are we entitled to damages if a „chatbot” gives us false information?

Artificial Intelligence (AI) appears in more and more areas of our daily life. Numerous sites use so called chatbots which –using AI- answer our questions, we can also encounter with „persons” powered by AI „who” try to direct us to the correct administrative pathway using short questions and our answers given to these during a call with a telephone customer service. But what happens if we suffer damages in situations like these due to potential misinformation or incorrect recommendation?

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A full-day conference on employment was organised by HR Portal and KRS Attorneys-at-Law on 24 May 2016 at the Glass Hall of MÜPA (Palace of Arts) in Budapest. The most leading experts in all areas of employment made presentations and also answered to the questions of the audience.