Cheap and Easy “Mass Production” of Companies?
We observe a massive growth or spreading of new “consulting firms” without any legal qualifications listed for their work, many of which offer cheap and problem-free services for establishing and setting up a company in Germany. The description of services mostly contain only registered office service and/or interpreting services. Though this obviously appears to be […]
Establishing Your Company in Germany**
Introduction Germany is not only at the geographic centre of Europe; it is also one of the key driving forces of the European Economic Area. It offers a favourable environment for companies of every type and size, providing opportunities for development, growth and long-term commercial success. This is due not only to Germany’s central location […]
Acquiring Real Estate in Hungary: What Should You Pay Attention To?
The purchase and sale of real estate in Hungary represents a significant market today for citizens of European Union Member States and of states party to the Agreement on the European Economic Area, as they are able to acquire real estate in Hungary with almost no restrictions. Citizens of Member States may acquire land that […]
Cómo constituir tu empresa en Alemania
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Sentencia del Tribunal Federal alemán: es posible reclamar una indemnización por daños y perjuicios incluso en el caso de un préstamo en moneda extranjera válido
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Sistema de distribución frente a protección de datos
The EU General Data Protection Regulation is often discussed these days. The regulation applies generally in relation to distribution systems and, exceptionally, in franchise systems. It is already foreseeable that the data protection regulation will lead to a higher level of awareness regarding data protection. The regulation has been directly applicable since 25 May 2018. […]
Slovenian Supreme Court: A CHF Loan Is Void in Cases of Inadequate Risk Disclosure
In a considerable number of court cases affecting Hungarian victims of foreign-currency loans, Hungarian courts have tended to find only partial invalidity of the underlying agreements. Likewise, relying on certain Supreme Court (Kúria) opinions that are, in our view, highly unprofessional and ambiguously drafted, courts often limit their examination to the mere formal existence of […]
Tribunal Supremo de Eslovenia: En caso de información insuficiente sobre los riesgos, un contrato de préstamo denominado en CHF es nulo.
Before Hungarian courts, loan agreements with exchange-rate-linked interest are regularly declared partially invalid. In many judgments of the Hungarian Supreme Court, however, risk disclosure is addressed only in a formal sense. For years, we have argued — in many cases successfully — that this approach is inappropriate. We also regularly emphasise that, under Directive 93/13/EEC, […]
Supreme Court of Slovenia: If the Risk Assessment is Deficient, the CHF Loan is Invalid
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Antitrust, especially e-commerce
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