Tag "Baker McKenzie"
The obligation to report the acquisition of foreign ownership prolongs investment transactions
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
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
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
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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