News

A new, practice-oriented commentary to the Civil Code was published by Menedzser Praxis. The chapter on insurance contract was authored by Zsolt Kovács and Rúben Matovics...

We authored the Hungarian chapter of the securitisation guide published by PLC - Thomson Reuters. The Q&A provides an overview of, among others, the markets and legal regimes, issues relating to the SPV and the securities issued, transferring the receivables, dealing with security and risk, cash flow, ratings, tax issues, variations to the securitisation structure and reform proposals...

In his article, Péter Gárdos analyses the consequences of invalidity of loan agreements. Although restitutio in integrum may seem as an evident solution, due to the irreversible nature of the service provided by the creditor, it is not possible...

The Commentary to the new Hungarian Civil Code, edited by the head of the codification team, Prof. Lajos Vékás and our colleague, Péter Gárdos has just been published...

Prescription of obligations arising from loan agreements are heavily disputed due to the new act on the unfairness on certain terms in consumer loan contracts...