BGH: Aşırı geçiş ücretleri ve tahsilat ücretlerine HAYIR (?)

The German Federal Supreme Court has recently stated, in a guiding decision of principle, that in the event of non-payment of the original toll, the increased tolls and their collection fees in Hungary, as set by the National Toll Payment Service co. ltd., could in principle be awarded against vehicle owners by German courts. The […]

NZP Legal Academy

After many years of lecturing at universities, bar associations, the German Lawyers’ Institute, foreign chambers of commerce and industry, and other professional training institutions, establishing our own NZP Legal Academy was a natural next step. Tailored to the specific needs of your company and drawing on extensive lecturing and practical experience, we train and sensitise […]

Cost-Effective Updating of Old Contracts or General Terms and Conditions

You do not always have to reinvent the wheel. In business practice, it is often more cost-effective and sensible simply to adapt and update purchase, supply, distribution agreements or general terms and conditions already in use in individual points to reflect changed circumstances or market risks. This is particularly the case where the contract used […]

Entry of Korean Citizens into Hungary for Employment and Tourism Purposes

Employment in Hungary A Korean citizen may obtain a residence permit for employment purposes if the purpose of their stay in Hungary is to perform actual work for, or under the direction of, another person for remuneration by establishing an employment relationship. This also includes an employment contract concluded with an executive officer or any […]

Attention Austrian and German Limited Shareholders!

Brexit has not only had economic consequences; it has also brought a wide range of implications for company law. In its recent case law, the Austrian Supreme Court held that British companies with their administrative seat in Austria lose their legal capacity after Brexit (27 January 2022, 9 Ob 74/21d). The Austrian Supreme Court thereby […]

Yapay zekanın düzenlenmesi ufukta görünüyor

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Yapay zekanın düzenlenmesi ufukta görünüyor

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Yeni Tapu Kanunu ve E-ING Sistemi

The new Land Registry Act entering into force on 1 February 2023 (Act C of 2021) will bring significant changes to land registry procedures. Among other things, the purpose of the new regulation is to modernise the Hungarian land registry system and make it more competitive through digitalisation. The introduction of the E-ING system and […]