Whereas pursuant to the Civil Code in force earlier the liability for a breach of contract may only be validly excluded or limited, if the accompanying disadvantage is counterbalanced by proper reduction in consideration or by other advantage. The new Civil Code no longer requires the provision of adequate consideration for the exclusion and limitation of liability. An attorney at our law firm, Dr. Arvid Hauck reports on the related changes in the article published in the annex to the legal column of www.origo.hu portal. The article can be accessed through the following link: http://www.origo.hu/jog/lakossagi/20140619-krs-korlatozhatjuk-e-ervenyesen-szerzodesszegesert-valo-felelossegunket.html
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