Legal

Pursuant to a recent decision of the Supreme Court in a liquidation procedure, the creditor's claim can be disputed via e-mail if the required conditions are satisfied. According to the rules of the liquidation procedure, the creditor’s claim can be disputed in writing at the latest on the day before the receipt of the creditor’s payment notice. According to the Supreme Court, is important... »

According to the latest changes, economic entities have to register their “contact point for electronic communication” to the Disposition Register. Companies may fulfil this obligation by registering this contact point for electronic communication to the company register.   The deadline for the registration is August 30, 2017. However, as the act mentions economic entities, the new rules... »

Here are some of the latest changes entering into effect in accordance with amendments of the Act on Public Procurement:   The Government Decree on the implementation of public procurement below thresholds was already adopted in December. However, only contracting authorities fall within the scope of the new law – against the original intentions of the legislator.   Rules on public... »

From January 18, 2017 you can easily block your debtor’s bank account located in the EU by applying for a “European Account Preservation Order”.   The proceedings have one pre-condition: the registered seat or the address of both the debtor and the creditor must be in the EU. The creditor has to prove that there is a risk that, without such a measure, the subsequent enforcement of his... »

From January 1, 2017, the level of fines to be imposed on companies operating webshops will radically increase and the ministry will manage a public database on the webshops and on their operators which have committed serious violations. The bill has been already submitted to the Parliament. As a consequence of the numerous complaints by consumers in regards to webshops the level of the... »

The European payment order procedure might be a practical and cost-effective legal solution for the collection of a monetary claim against a debtor with domicile or registered seat in countries of the European Union (except Denmark). The request for the issue of the European payment order has to be filed with any Hungarian notary public exclusively only on paper using the standardised form... »