Category: News

Court of Justice of the European Union: Hungary may not delete EU citizens’ usufruct rights over agricultural land

Since 1 January 2013, a law has been in force in Hungary under which usufruct rights over agricultural land may be granted to EU citizens only if they are “close relatives” of the owner. Since, for 20 years, ownership rights could be acquired only by Hungarian nationals, the owners are generally Hungarian citizens. In addition, […]

When Do You Need a Lawyer in Hungary?

There are situations in which the involvement of a lawyer admitted in Hungary cannot be avoided. In other cases, instructing a lawyer may not be mandatory, but is highly advisable. 1. Where is legal representation mandatory in Hungary? • Lawyer in Hungary: before the regional courts, courts of appeal and the Supreme Court With very […]

Financing Your Property in Hungary

How can you find the right solution to finance your dream home in Hungary? A holiday home — or even an entirely new home — in another European country does not necessarily have to remain the privilege of those who have saved several hundred thousand euros over many decades. In principle, you can also finance […]

Foreign-Currency Loans: Preliminary Ruling Proceedings Before the CJEU

As a result of our arguments, an increasing number of courts are awaiting the position of the Court of Justice of the European Union on the legality of foreign-currency loans. During the so-called preliminary ruling procedure, the court suspends the court proceedings pending against foreign-currency loan borrowers. If you have any questions, please contact us.

Foreign-currency borrowers: real estate auctions suspended

As a result of our previously published arguments , courts have suspended enforcement proceedings in cases involving bank measures against debtors burdened with foreign-currency loans. As a result, we have already been able to save the residential properties of several of our clients from auction. If you are facing a similar problem, please feel free […]

Stop Geoblocking: Online Shopping Within the EU Will Become Easier

European consumer protection has reached another important milestone. The European Parliament had already decided to prohibit geoblocking in relation to streaming services, meaning that a service may no longer be made unavailable to a consumer merely because that consumer is physically located in a different Member State from the service provider. Consumers therefore no longer […]

Acquiring Real Estate in Germany

We provide expert assistance to ensure the commercially efficient and legally secure acquisition of your German property. We can help make your acquisition of real estate in Germany more commercially advantageous. We are familiar with the market practices and mandatory legal framework that apply in Germany both to residential real estate and to commercial property. […]

Exclusive Purchasing Obligation Over an Eight-Year Contract Term Permissible in Sales Terms and Conditions

Suppliers and purchasers often agree on framework supply agreements where the relationship is intended to go beyond a one-off purchase, in order to regulate the fundamental issues of a long-term business relationship in a uniform manner. These typically include the type and quality of the products, prices including payment terms, quality assurance and liability rules, […]

Distribution System vs. Data Protection

The EU General Data Protection Regulation is frequently discussed these days. The Regulation applies generally in relation to distribution systems and, exceptionally, also within franchise systems. It is already foreseeable that the Data Protection Regulation will lead to greater sensitivity in matters relating to data protection. The Regulation has been directly applicable since 25 May […]

Establishing a Company in Germany: What Should You Pay Attention To?

Introduction Germany is the heart and core of the European economy. Companies of any type and size can flourish here and gain access to the European market, thanks not only to Germany’s excellent geographic location at the centre of Europe, but also to its legal system, which enables businesses to develop into strong and stable […]