Our office recently received great acknowledgement when TENK Law Firm was elected as the law firm of 2019 in the category of Competition Law / Mergers and Acquisitions. The award established by the Hungarian affiliate of the global Wolters Kluwer Group was presented to our office by the jury selected of professionals as recognition of […]
On 11th October 2018, Act LVII of 2018 on the control of foreign investments conflicting with Hungary’s security interest was published in the Hungarian Gazette. The act provides for significant restrictions on foreign investors intending to invest in certain strategic sectors in Hungary, as defined by the new act. Pursuant to the new act, entering […]
So far in Europe, so in Hungary the legal protection of trade secrets and know-how was not really effective, which was a serious risk and business disadvantage to companies. The new regulation(1) implementing the corresponding EU directive adopted on 20 July 2018 and effective from 8 August 2018(2), will hopefully significantly change this adverse situation. […]
Several provisions of Act no. 5 of 2006 on Public Company Information, Company Registration and Winding up Proceedings has been amended as of 1 July 2018. Among these changes we would like to highlight the following: 1. Executive officers without representation rights The executive officers are the legal representatives of the legal entity. As the […]