Searching Content indexed under Charges, Mortgages, Indemnities by Schoenherr Attorneys at Law ordered by Published Date Descending.
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Public Liability Based On Incorrect Land Register Entries Is Limited
Incorrect land register entries may trigger public liability. But in a recent decision the Austrian Supreme Court (1 Ob 198/18a) held that incorrect land register entries can only constitute public liability claims for a certain group of people.
5 Jun 2019
Direct Lending On The Rise: Legal Issues When Funding Your Venture Without A Bank Loan In Austria, Romania And Slovakia
Direct lending funds are emerging as key sources of loan financing. Understanding the local legal framework and peculiarities is important for executing a lending transaction ...
European Union
19 Apr 2018
More Amendments To The Civil Code To Foster Lending
The Hungarian Parliament recently adopted a significant amendment package to the Civil Code. The main body of the amendment entered into force on 1 October 2016.
7 Dec 2016
Another Milestone In Hungarian Foreign Exchange-Based Loan Agreements
Finally, a guiding decision which is favourable for commercial banks has been passed by the Supreme Court in Hungary ("Curia").
8 Jun 2016
Hungary Wants To Become Creditor-Friendly
The Hungarian Ministry of Justice acknowledged the recent criticism aimed at the difficulties regarding the enforcement of monetary claims in the country and plans to amend the relevant laws to make creditors' lives easier.
11 Dec 2015
Mortgage Act Amendments Adopted
The long-anticipated amendments to the Serbian Mortgage Act, published in the Official Gazette of RS no. 60/2015, entered into force on 16 July 2015.
5 Aug 2015
Will A 'Bad Bank' Approach Solve The Corporate NPL Problems Of The Country's Banks?
The Hungarian National Bank announced that as of autumn 2014, Hungary wishes to follow the approach taken by many other countries by creating a "bad bank".
16 Jun 2014
Will Securing Syndicated Loans Be Easier In Hungary?
From 15 March 2014, Hun­gar­ian law will recog­nise the con­cept of trust, and the prob­lems with secur­ing syn­di­cated loans seem to be solved.
12 Mar 2014
Real Estate Law After Re-Codification In 2014
The new Civil Code as part of the re-codification of Czech private law became effective as of 1 January 2014.
Czech Republic
28 Jan 2014
Legal Mortgage Of Contractors – Triggering Applicability Disputes?
The Romanian Civil Code regulates the legal mortgage in favour of contractors, sometimes unjustly extended also to the benefit of subcontractors.
28 Jan 2014
Decision Of The Supreme Court Regarding Lien On Receivables
The Supreme Court of the Czech Republic dealt with a case in which the plaintiff registered its receivable secured by a pledge over the trade receivables of the insolvency debtor in the insolvency proceedings against the debtor.
Czech Republic
15 Sep 2013
The End Of Extend And Pretend: Non-Performing Loans In CEE/SEE
CEE and SEE were significantly affected by the financial crisis, most particularly in the real estate lending sector.
European Union
4 Mar 2013
Risk of Losing Collateral in a Transfer
The planned new Hungarian Civil Code is expected to bring significant changes to the Hungarian collateral system. The changes will hopefully eliminate certain deficiencies in the current legislation pertaining to the maximum sum mortgage, one of the more popular collateral forms used in financing transactions.
12 Sep 2012
Non-Performing Loans In Central Europe
Throughout the CEE/SEE region, the percentage of non-performing loans (NPLs) to total loan receivables has increased dramatically.
European Union
2 Jul 2012
The International Comparative Legal Guide To Mergers & Acquisitions 2012 - Turkey
There is no specific code which regulates the Mergers & Acquisitions (the " M&A ") in all its aspects in Turkey.
14 May 2012
The International Comparative Legal Guide To Mergers & Acquisitions 2012 – Czech Republic - Part 2
The most important influence is to plan the process well in advance, taking into account all the necessary steps. Good tax and legal advice are essential here. The offered price, together with the statement of the board of directors and the supervisory board of the target, also play important roles.
Czech Republic
14 May 2012
The International Comparative Legal Guide To: Mergers & Acquisitions 2012 - Slovenia
In Slovenia, different aspects of M&A are regulated by different respective bodies of law: the corporate law aspects are subject to the Companies Act; and the takeovers "stricto sensu" (takeovers of public companies) are regulated by the Takeovers Act and the Financial Instruments Market Act.
10 May 2012
The International Comparative Legal Guide To: Mergers & Acquisitions 2012 - Slovakia
In Slovakia, M&A transactions are primarily governed by the Commercial Code and the Securities Act. Certain sectors, e.g. banking or insurance, are further regulated by specific laws such as the Banking Act or the Insurance Companies Act.
10 May 2012
The International Comparative Legal Guide To: Mergers & Acquisitions 2012 - Bulgaria
The mergers (incl. takeovers) and de-mergers (spin-offs and splits) as well as the share transfers and business (going concern) transfers are regulated on a general level by the Commerce Act.
9 May 2012
Application Of Long Disclosure Rules On Derivatives
Under Section 91 of the Stock Exchange Act, persons that directly or indirectly acquire or sell the shares of an issuer whose shares are admitted to trading on a regulated European Economic Area (EEA) market must immediately (or no more than two trading days later) inform the Austrian Financial Market Authority, the exchange operating company and the issuer of the share of voting rights held after the completion of the acquisition or sale if their proportion of voting rights reaches, exceeds or
22 Sep 2011
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