Legal securities in agreements [Securing contracts – But how?]

Contracts are keystones in effective economy. We can conclude contracts for many different reasons but sometimes we are not well aware of the fact that despite the agreement in writing, performance is not eventuate or not the way that we expected.˛ Securing contracts –and securing our aims as well- can be achieved with using proper contractual securities. Contractual securities are leading tools in confirmation of contract. These tools are closely…

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The new Civil Procedure Code of Hungary – What the changes mean for us?

The new Civil Procedure Code of Hungary came into force 1 January 2018 and – we can say – it has brought numerous changes. At the time of delivering this code the aim was to create a procedure which not only fits into the international practice but establishes a framework for a more professional one. To achieve this objective the legislator made changes even on a basic level. Two major…

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