Even before the majority of our colleagues in Hungary, our law firm decided to conduct legal communication exclusively by electronic means. With the help of state-of-the-art technology \u2014 qualified electronic signatures and electronic court and administrative mailboxes \u2014 our submissions reach all Hungarian courts within seconds. Orders, judgments and procedural directions are likewise transmitted electronically with a qualified electronic official signature. This not only enables us to communicate effectively, even faster than the traditional postal route between a court and a Hungarian lawyer, but also helps the environment by putting an end to the paper waste otherwise common in legal practice.
\nYour advantages with us:<\/p>\n
\u2022\tThe close proximity of the lawyer to the client in Germany facilitates communication between the client and the lawyer handling the matter.
\n\u2022\tNo loss of important information or communication friction, which often occurs when involving a local foreign lawyer based far away abroad.
\n\u2022\tThe communication standards you are accustomed to from German lawyers remain guaranteed, which is often not assured abroad.
\n\u2022\tComprehensive German professional liability insurance coverage for legal malpractice is ensured; in Hungary, such coverage is available only up to EUR 15,000.00.<\/p>\n
Attorney Nagy teaches the UN Convention on Contracts for the International Sale of Goods at the University of P\u00e9cs in Hungary as a regular guest lecturer. Hungary is also a party to the Convention, which therefore forms part of Hungarian law. He is also the author of the accompanying textbook Fundamentals of the UN Sales Law, 2013. Attorney Sipos is co-author of the standard reference work Handbook of International Insolvency Law, C. H. Beck Verlag, 2012.<\/p>\n
HUNGARY: HANDLING REAL ESTATE TRANSACTIONS, INHERITANCES AND SUBSIDIARIES, INCLUDING IN THE CONTEXT OF GERMAN INSOLVENCY PROCEEDINGS<\/p>\n
From Nuremberg, we also handle for you all aspects of purchase and sale transactions involving real estate located in Hungary. In doing so, we prepare real estate purchase agreements under Hungarian law and also ensure completion in the land register, i.e. the registration of the sale or acquisition of ownership with the competent Hungarian land registry office.<\/p>\n
Handling Matters in Hungary for German Insolvency Administrators<\/p>\n
The same applies to advising on and handling the acquisition or sale of companies, shareholdings or corporate entities with their registered office in Hungary. In addition, on behalf of German insolvency administrations, we also carry out the winding-up of Hungarian subsidiaries of German insolvency debtors \u2014 in the past, for example, for insolvency administrator Dr. Jaff\u00e9, Munich (KirchMedia, Grundig) \u2014 through to deletion from the register before the locally competent company court.<\/p>\n
Handling Inheritance Matters in Hungary<\/p>\n
Within the Hungarian judicial administration, local municipal notaries are functionally responsible for handling inheritance proceedings. A particular feature of these notaries\u2019 procedure is, on the one hand, that they often set response deadlines without regard to foreign heirs or other foreign participants in the proceedings, frequently very short deadlines of eight days, so that the predetermined deadline has often already expired before postal delivery reaches the German heir. On the other hand, compliance with deadlines is often made even more difficult by the fact that Hungarian notaries, usually in rural districts, often do not provide fax or email details in their Hungarian-language communications. This disadvantage does not, at least at the opening stage of the proceedings, regularly result in the forfeiture of rights, provided that the person concerned responds immediately and in Hungarian, the official language. We would be pleased to assist you with this.<\/p>\n","protected":false},"excerpt":{"rendered":"
Even before the majority of our colleagues in Hungary, our law firm decided to conduct legal communication exclusively by electronic means. With the help of state-of-the-art technology \u2014 qualified electronic signatures and electronic court and administrative mailboxes \u2014 our submissions reach all Hungarian courts within seconds. Orders, judgments and procedural directions are likewise transmitted electronically […]<\/p>\n","protected":false},"author":29,"featured_media":55469,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139],"tags":[],"class_list":["post-55468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t