No Call Option To Secure Creditors From Next March
Attention, the possibility of establishing call option right will come to an end by the introduction of the new Civil Code!
If there is not enough qualified workforce, foreign workers should be employed by the companies!
An opportunity to solve the shortage in qualified workforce! An expert at our law firm, Dr.
KRS: How the Rules On Acquisition of Land Become Stringent From Next May
Attention! The rules on acquisition of land become stringent! In the business section of www.origo.hu portal, Dr. Enikő Vida, attorney-at-law of our law firm gives an outline the varying rules to take effect from 1 May, 2014.
New Civil Code – Substantial Changes In Regulation of Shareholding Companies
Upon the Civil Code taking effect, a shareholding company may only be established as a private limited company, limitation on the acquisition of treasury shares will be re-introduced and new types of shares may be created, the expert of Kovács Réti Szegheő outlined the major changes impacting shareholding companies to origo.
New Security Register May Enhance Security of Transactions
In the business section of www.origo.hu portal, Dr. Beáta Szegi, attorney-at-law of our law firm gives an outline of the security register to be introduced by the new Civil Code to take effect from 15 March, 2014.
Liability of Hotel-Keepers in Europe
Our articles of use and jewels we carry with us every day may represent substantial value, thus, we would like to ascertain that those are kept safe during our holidays or trips abroad.
How the New Civil Code Alters Regulation of LTDs From Next March
New provisions shall be introduced regarding the limited liability companies from March next year.
The Rules Applicable For Pecuniary Debts and Default Interest Shall Be Modified Within Days
Pursuant to the amendments to the Civil Code of Hungary to take effect as of 1 July, the rules governing the settlement of pecuniary debts and default interest shall be altered and expectedly, the legal disputes arising due to the deficiencies of the previous regulations will be avoidable – calls the attention the expert of Kovács Réti Szegheő.
KRS: New Regulation of Absentee Pay More Favourable For Employees
According to the expert of Kovács Réti Szegheő Attorneys at Law, the interpretation disputes may cease with the adoption by the National Assembly of Act CIII of 2013 on the amendments related to the computation of absentee pay and the regulation of public funds.
What decision-making possibilities do executives have in the event of impending insolvency?
Executive officers may be held liable if, after the time when impending insolvency has incurred, they do not carry out their management duties in a way as to seek to protect the interests of the company’s creditors
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