According to the decision of the Supreme Court, the termination of an employee's employment contract due to a conflict with the employer constitutes an abuse of rights and grounds for a declaration that the termination is unlawful.
The undertaking participating in a cartel is not excluded from public procurement if it challenges the decision of the Hungarian Competition Authority (GVH) and at the same time requests immediate preliminary injunction in its court claim. However, if you fail to request preliminary injunction from the court, the GVH's decision is final and enforceable despite challenging the decision.
According to the general rule of Act I of 2012 on the Labor Code (hereinafter referred to as "Labor Code"), the employee shall be liable for lack of inventory, regardless of his fault."
Managing directors play a vital role in the operational and financial management of a company. However, in certain situations, their actions or inactions can lead to disputes over their liability.
The Budapest Classic Grand Prix was held for the 16th time on August 27, 2023. The vintage car heritage race was once again supported by the KRS Law Firm, which even started with its own car. The field of nearly 100 cars paraded through Budapest, then spectators had the opportunity to admire the 'rolling museum' in Szentendre, Esztergom, and Gödöllő. The prestigious and longstanding event concluded with an award ceremony, where our law firm's special awards were presented to the team competition winners.
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This time, one of the clients of our office carried out an M&A transaction for the acquisition of a construction and development property worth four million euros. During the high-value transaction, KRS carried out the legal and financial screening of the target company, the representation of the buyer with regard to legal and tax aspects and the preparation of the transaction documents. |
In a recently published decision, the National Authority for Data Protection and Freedom of Information (NAIH) imposed a fine of HUF 10 million (ca. EUR 27,000) on TV2 due to the improper use of internet cookies.
In a recent legal case, the Court of Appeal examined the landlord's obligation to reimburse value added investments during the term of the lease.
Mainly in case of car accidents, it may happen that the insurance company not only compensates the victim of the accident or the entitled person in case of their death, but also reimburses the property damage of a third party on a settlement basis. However, the third party may have suffered not only financial damage, but also so-called non-financial damage, such as a mental condition or illness resulting from a psychological shock.
Two important elements of the European Union’s new digital regulatory package came into force at the end of 2022. The regulation for digital markets (Digital Markets Act) and the regulation for digital services (Digital Services Act) contain numerous new rules for companies operating in the digital space.
