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Category: Corporate law

Trade secrets and know-how: more effective legal protection is available as of August 2018

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. […]

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Changes in the company registration

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 […]

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