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Practical Issues Concerning Hungarian Liquidation Rules: Delivery Of The Creditor's Payment Notice To The Debtor
In this article, we provide a brief overview of some of the practical issues concerning the rules applicable to Hungarian liquidation.
17 May 2011
The Regulation Of Genetically Modified Organisms In The European Union
This article tries to explore the circumstances and conditions under which so-called genetically modified organisms (hereinafter referred to as "GMOs") are dealt with in the European Union.
21 Nov 2008
Enforcement Of EC And EFTA Monetary Judgments In Hungary
In 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.
12 Nov 2007
Release Of Assets From Seizure In Hungary
In 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.
4 Oct 2007
The Relationship Between the Right to Information Set Out in the Enforcement Directive and a Service Providerís Liability Set Out in the E-Com Directive, in Light of the Transportation of the Enforcement Directive into Hungarian Law
Directive 2004/48/EC of the European Parliament and of the Council of 29 April 2004 on the enforcement of intellectual property rights (Enforcement Directive), designates a larger group of persons about whom infringers and certain contributors must provide information than does the TRIPs regulations; thus, information must be provided namely on the possessors of infringing products, the recipients of infringing services and those that have provided services to the infringer.
6 Apr 2006
New Rules on Financial Collateral Arrangements
As a result of Hungary's accession to the European Union on May 1 2004, certain amendments were made to Hungarian law on the basis of the EU Financial Collateral Directive (2002/47/EC). In particular, creditor protection amendments relevant to the enforcement of financial collateral (known as 'security deposits' in Hungarian legal terminology) were introduced to the Act on Bankruptcy Proceedings, Liquidation Proceedings and Members' Voluntary Dissolution (49/1991) and to the Hung
1 Mar 2005
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