During the state of emergency in the spring Gov. Decree no. 227/2020 (“Gov. Decree”) was introduced to require the notification to the Minister of Innovation and Technology (“Minister”) and the acknowledgment by the Minister as a condition to certain foreign investments in Hungarian-based companies. Following the end of the state of emergency subchapter 85 of Act LVIII of 2020 (“Vmtv.”) prescribes the rules applicable to foreign investments which are mostly similar to the rules established by the Gov. Decree. However, in some matters the Vmtv. prescribes different rules. Now, certain provisions of the Vmtv. have been amended and supplemented by Act CIV of 2020 and the amendments have entered into force on 30 October, 2020.
The New Rules Applicable to the Measurement of Body Temperature at the Workplace
In order to prevent and restrain the spreading of the new Coronavirus pandemic (“COVID-19”), after the virus appeared in Europe, plenty of employers and other institutions has started to apply instruments suitable for the measurement of the body temperature.
The Buzz in Hungary: Interview with Peter Berethalmi of Nagy es Trocsanyi
“The most important thing right now is that the state of emergency was terminated,“ says Peter Berethalmi, Partner at Nagy es Trocsanyi in Budapest.
Summary of the Special Rules Regarding the Operation of Legal Persons During the State of Danger
With respect to the declared state of danger and in order to alleviate the economic difficulties resulting from the Covid-19 epidemic, the government has taken several measures, the following document summarizes the most significant provisions of governmental decrees in the field of labour law and related to the operation of legal persons.
Summary of the Effects of the Coronavirus Epidemic on Labour Matters
With respect to the declared state of danger and in order to alleviate the economic difficulties resulting from the Covid-19 epidemic, the government has taken several measures, the following document summarizes the most significant provisions of governmental decrees in the field of labour law effective as of and related to the operation of legal persons.
CEELM Covid-19 Comparative Legal Guide: Contracts in Hungary
Contributed by Nagy es Trocsanyi
Guest Editorial: Ever Transforming and Ever Growing Hungarian Legal Market
After I was asked to write this Guest Editorial for CEELM Magazine I realized that this year marks my 25th year in the legal business in Hungary.
Continuing the Countdown
Sponsors of the 2020 Dealer’s Choice Law Firm Summit, which will be held on April 23, 2020 in conjunction with the Deal of the Year Awards Banquet, explain their involvement.
Nagy es Trocsanyi Joins Yingke Global Legal Services Alliance
Hungary's Nagy es Trocsanyi Law Firm has announced that it has signed a co-operation agreement with China's Yingke Law firm to become part of the Yingke Global Legal Services Alliance.
Dentons Claims the Prize: The 2018 CEELM Budapest Law Firm Bowling Challenge
After a long year of waiting, law firms from Hungary finally had the opportunity to show off their bowling skills again last night, as the second year of the CEE Legal Matters Budapest Law Firm Bowling Challenge brought 14 four-person teams together for an intense challenge, with the proceeds donated to the winning team's charity of choice.