Tag "Baker McKenzie"
Consumers benefit from the change in warranty rules
Date: 2024-07-03 11:00:36
By amending the mandatory warranty rules, consumers will be given new and broader rights against businesses. It is worthwhile to monitor these and use our rights provided by the legislation...
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Baker McKenzie: appointment of new partners in the Budapest office
Date: 2024-06-27 10:54:56
As of July 1, 2024, Baker McKenzie has elected Márton Horányi, the co-head of the competition law practice of the Budapest office, as an international partner, while Dániel Orosz, a...
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Baker McKenzie: New year, new burden: the global minimum tax is here
Date: 2024-01-05 11:11:38
In January of this year, the EU directive regulating the global minimum tax entered into force, the aim of which is to bring the effective tax burden of all corporate...
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It is a competitive advantage if the company ensures flexible working
Date: 2023-10-10 10:59:52
Due to the increase in employee demands and the accompanying legislative trend, companies must prepare for the spread of various forms of flexible employment, warns the Baker McKenzie law firm....
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The code of advertising ethics is being tightened at several points
Date: 2023-06-27 10:38:05
The self-regulatory document of the advertising industry, which will enter into force at the end of the month, imposes new, sometimes even stricter requirements on advertisements than the current EU...
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Companies have important work to do in relation to the creation of a whistleblowing system
Date: 2023-06-08 11:48:07
Medium and large companies will soon have to establish their internal abuse reporting system. In case of improper operation of this, they will have to face serious data protection, labor...
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Transfer pricing is the most problematic tax issue for multinationals here as well
Date: 2023-03-02 11:30:42
Tax authorities around the world are trying to increase state revenues, and in this they also use data analysis and artificial intelligence. One of the most controversial areas in the...
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Baker McKenzie’s talent program for law students has won a prestigious award
Date: 2023-02-27 08:18:06
The law firm’s New Lawyer Challenge competition for law students won the Best Talent Program award of the Joint Venture Association. The New Lawyer Challenge competition was created by Baker...
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Assessing the true value of companies’ green efforts is difficult
Date: 2023-02-01 09:30:31
It is becoming more and more important for market players to achieve net zero emissions by 2050, as set out in the Paris Climate Agreement. Accordingly, companies communicate more and...
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The rights of employees have been strengthened since January
Date: 2023-01-24 10:44:22
Through the amendment of the Labor Code that entered into force on January 1, employees can assert their rights more effectively. In several cases, the employer must prove that he...
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Baker McKenzie: Companies striving for sustainable operation represent an increasingly advantageous investment opportunity
Date: 2022-09-01 09:04:58
EU legislation can give investors an additional incentive to more often give preference to companies and businesses that operate transparently and according to sustainable principles. In order to preserve the...
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Corporate reimbursement is also affected by the new overhead rules
Date: 2022-08-24 10:55:07
Due to the rules on utility reduction, which will be amended on August 1st, the tax-free utility allowance given to the employee may also come to the fore. Employment in...
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Baker McKenzie: It is easier to give jobs to Ukrainian refugees
Date: 2022-05-11 08:37:26
The employment of war refugees from Ukraine is in some cases easier in Hungary, and companies can also receive support after the workers, says Baker McKenzie, an international law firm...
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Companies operating in the digital space need to pay attention to many
Date: 2022-04-01 10:47:21
By bringing services into the digital space, companies in this field need to look after more and more competition and consumer protection regulations, points out baker mckenzie, an international law...
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Companies violating access rights could face fines of up to $20 million
Date: 2022-03-28 10:48:12
Under the GDPR, individuals can ask companies for information about the processing of their personal data. In Hungary, companies should also take particular care to ensure that the right of...
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China’s investment mood slows in Europe
Date: 2021-05-05 10:13:42
The buying mood of Chinese companies is at a multi-year low not only globally, but also in Europe. At the same time, investment incentives remain strong, which could help Chinese...
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Because of Brexit, companies need to review how they transfer personal data to the UK
Date: 2021-01-08 11:05:11
The transitional period for the United Kingdom’s exit from the European Union ended on 31 December. This will also have a significant impact on data protection from 1 January, with...
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Companies may be suspected of antitrust infringements even if they do not communicate with each other
Date: 2020-12-17 11:19:18
Companies may be suspected of antitrust infringements even if they do not communicate with each other – was said at an online event organized by the Hungarian-French Chamber of Commerce...
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Changes in competition law will strengthen the procedural rights of the GVH
Date: 2020-07-01 11:20:01
In the future, co-operation between the competition authorities of the EU member states will be strengthened, and their procedural powers will also be expanded and unified, Baker McKenzie said at...
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As the emergency ceases, labor law rules also change
Date: 2020-06-26 11:10:46
The National Assembly passed the Emergency Response Act, which entered into force on 18 June 2020. The special labor law rules previously introduced will be abolished, but some of them...
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The obligation to report the acquisition of foreign ownership prolongs investment transactions
Date: 2020-06-12 11:04:13
A decree at the end of May makes the acquisition of foreign shareholdings in so-called strategic companies subject to a ministerial licensing obligation. The government’s goal is to ensure that...
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Insolvency in times of emergency – you may want to opt for bankruptcy instead
Date: 2020-05-22 11:20:39
Due to the epidemic situation, many companies are unable to meet their payment obligations. It is worthwhile for business partners to strive to reach an agreement on the settlement of...
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The bargaining position of food suppliers is strengthening
Date: 2020-05-18 11:51:54
After a special retail tax of up to 2.5 percent of annual sales, traders have been given another hurdle: a new measure significantly restricts their freedom to negotiate a purchase...
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What a company can do in the case of a breach of contract due to the coronavirus
Date: 2020-03-12 11:12:31
The effect of the coronavirus on Hungarian trade is already significant. One of the most important issues for businesses is whether the coronavirus can be an adequate basis for failure...
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