Antitrust, especially e-commerce
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Personal liability of the managing directors in the insolvency of a German “GmbH”, also applies to the German “AG”
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Franchise vs. Terms under German law
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Court Of Appeal: Directors Generally Not Liable For The Company’s Debts
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2018: Electronic Service of Process in Germany Too
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Attestation by an Attorney is Available Abroad as Well
Our firm is able to provide attorney certification (countersignature) in Germany for documents intended to be used in Hungary. This is a common issue particularly for Hungarian nationals living or working abroad who require either an attorney-certified document or a public deed for administrative procedures in Hungary. This situation typically arises, for example, when you […]
A Real Solution for Foreign-Currency Loan Borrowers Instead of “Walking Away”: Foreign Personal Insolvency
The first step in escaping the Hungarian debt trap is to move outside Hungarian jurisdiction. According to an article published today on Index.hu, György Schadl, President of the Hungarian Chamber of Judicial Officers, stated to Magyar Idők that the introduction of the so-called “walk-away” mechanism, already used overseas, could solve the problems of many foreign-currency […]
Budapest Court of Appeal: the liability of executive officers is not unlimited either
In a precedent-setting case before the Hungarian courts, the lawyers of our firm successfully represented the executive officers of a Hungarian cooperative in a damages action brought by members of the same legal entity. The Budapest Court of Appeal fully agreed with our firm’s legal position, according to which the members / shareholders / creditors […]
Compensation Claim of the Authorised Dealer
A compensation claim by an authorised dealer by analogous application of Section 89b of the German Commercial Code is, at least, excluded where the manufacturer is contractually obliged, upon termination of the agreement, to block the customer data provided by the dealer, cease using it and delete it at the dealer’s request. The claimant, a […]
The New German Antitrust Law
The eighth amendment to the German Act against Restraints of Competition (GWB) has been in force since June 2013. One of the most significant changes is that a dominant market position of an undertaking is no longer presumed at a market share threshold of one third, but only from a market share of 40% (Section […]
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