A number of changes to the Labor Code expected to come into force on July 1, 2017, will not do so. These amendments to the Code – which were submitted to the President of the Parliament by the head of the Economic Committee – would primarily have affected work-time scheduling provisions, making the Labor Code more sensitive to the needs of the improving economy and changing labor market. According to Parliament, the amendments would have significantly improved production for businesses over a period of six to seven years.
Hungary GC Summit Panelists Gather to Prepare in Budapest
With slightly over a month to go until the first Hungary General Counsel Summit — the first ever country-specific GC Summit organized by CEE Legal Matters — on August 29, 2017, three members of the “Building the Legal Function as Integral Business Unit” panel scheduled for the event gathered at the offices of Budapest's OPL Law Firm to plan and prepare for their discussion.
IP Challenges for Hungarian Startups
Kinstellar Budapest moderated a panel discussion as part of the Startup Safary Budapest 2017 startup exhibition, which included sharing insight on the start-up ecosystem and expectations for 2017 in Hungary.
Registration Opens for the CEE Legal Matters 2017 Hungary General Counsel Summit
We are excited to announce that registration for the 2017 CEE Legal Matters Hungary General Counsel Summit, scheduled to take place in Budapest at the Boscolo Hotel on October 5, is now open.
Third Annual GC Summit in Warsaw the Biggest Yet
The 2017 CEE Legal Matters General Summit took place at the Intercontinental Hotel in Warsaw on June 1-2, 2017, once again bringing together well over a hundred General Counsel and Heads of Legal from across Central and Eastern Europe for two full days (and one entertaining evening) of seminars, panel discussions, best practices review, and networking. This year’s event — the third annual, following the 2015 GC Summit in Budapest and the 2016 GC Summit in Istanbul — was the biggest and most successful yet.
Elite CEE Lawyers Gather in Warsaw for Market Makers Award Ceremony
On May 31 and June 1, 2017, CEE Legal Matters was proud to host a rare event: A gathering of those senior lawyers from each Central and Eastern European country identified by peers as being most influential, most important, most uniquely responsible for having created the country’s modern commercial legal market.
Guest Editorial: Time to Reflect and Look Ahead
A significant anniversary inevitably causes us to reflect upon the period gone by. The sub-prime mortgage crisis in the US started in 2007 and, after spreading to other countries, became the global financial crisis that caused the longest-lasting recession of the post-war era. This recession, in conjunction with other factors, triggered sweeping changes in the Hungarian legal market. In retrospect, clear, recognizable patterns have emerged in the ten years since then.
Hungary to Introduce New Act on Civil Litigation Procedures
Hungary’s current Act on Civil Litigation Procedures was adopted in 1953, and it served courts, counsels, and parties in litigations well over decades of the socialist regime.
Strike! Law Firms Compete in First-Ever CEELM Budapest Law Firm Bowling Challenge
On the evening of February 1, 2017, CEE Legal Matters hosted the first ever CEELM Budapest Law Firm Bowling Challenge: A competition of four-person teams from leading law firms in Hungary, with all proceeds to go to the winner’s charity of choice. A total of 13 law firms competed for the impressive trophy – and the glory that goes along with it.