Corporate Law Archives - Illés&Németh Association of Lawyers

Generation change in the family business

by dr. Csordás Levente | Dec 21, 2021 | Corporate Law

Many entrepreneurs aged 35-40 at the time, took advantage of the market opportunities opened up by the change of regime and as a result of their work, the Hungarian SME sector has been built up. Now, these entrepreneurs want to take a well-earned rest after a long...

Share for work: new tool to motivate employees

by dr. Csordás Levente | Oct 27, 2021 | Corporate Law, Employment, Tax

The Employee Share Ownership Programme (MRP) has taken root at employers. Its new, partly simpler and partly stricter version, the Special Employee Share Ownership Programme (KMRP), aims to give a boost to this trend. How is it different? What are its advantages and...

Whistleblower Directive: time to prepare

by dr. Csordás Levente | Oct 26, 2021 | Corporate Law, EU Law, Whistleblowing

Under EU Directive 2019/1937 on the protection of persons who report breaches of EU law, a whistleblower protection system will be mandatory for companies with 250 or more employees in the first phase. The deadline for transposition of the directive expires on 17...

Capital structure after COVID – let’s take stock!

by dr. Csordás Levente | Oct 26, 2021 | Corporate Law, Tax

Many market players have been hit hard by the pandemic. Some of them got a smaller slice of the declining pie than expected, while others tried to prepare for the post-COVID period with investments and developments. Whatever the decision of the company, like a good...

Start-up funding to get a kick with the EU’s crowdfunding regulation

by dr. Illés Ádám | Oct 26, 2021 | Corporate Law, Investment

A unified European regulation on crowdfunding will enter into force on the 10th of November: an EU regulation will allow a crowdfunding platform already licensed in one country to operate in any other Member State. The Hungarian legislator has recently harmonised...

Delegation of the right to co-sign

by Ádám Illés, LL.M | Jun 29, 2021 | Corporate Law

In a case-law decision of 15 February 2021, the Hungarian Supreme Court dealt with the power of representation delegated by a person authorised to represent the company jointly. The case-law decision explained that, as a general rule, in case of co-signing, a contract...

Generation change in the family business

Share for work: new tool to motivate employees

Whistleblower Directive: time to prepare

Capital structure after COVID – let’s take stock!

Delegation of the right to co-sign

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