The new Hungarian Civil Code’s stipulations regarding the liability of managing directors have unleashed some heated debate. Our Budapest team has put together a short overview to help you get an initial impression of the most significant changes: Contractual Limitation of Liability The Hungarian rules on business companies permit derogation. Therefore, in cases involving non-contractual liability, parties – the company and the managing director(s) – may, ...
SPECHT BÖHM Associate, Florian Heindler, has published an article in the leading Russian journal Competition and Law entitled, “Private Enforcement and Choice of Law in the European Union”. The article focuses on the specific conflict of laws rules concerning tort claims arising from violations of competition law as set out in EU Regulation No. 864/2007 (“Rome II”). The article was triggered ...