Lakatos, Koves & Partners has advised Atrium Properties on its sale of the EuroCenter Obuda Shopping Center in Budapest and the Family Center Shopping Center and the Praktiker Department Store in Szombathely, Hungary, to Hungarian real estate devel…
Category Archives: Hungary
CMS has advised Goodman, an Australian integrated commercial and industrial property group, on the development of an 87,200 square meter greenfield logistics facility in Hungary.
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The Directive 2016/943 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure (“Directive”) was adopted by the European Parliament and the Council on 8 June 2016 and entered into force on 5 July 2016.
“If I would need to bet on what would be the most popular transaction type this year in Hungary, I would say M&A deals,” says Partner Szabolcs Mestyan of Lakatos, Koves and Partners.
A proposal on the modification of the Hungarian Cultural Heritage Act has been submitted to the Hungarian Parliament in October 2017. The purpose of the modification is to restructure the potential participants in the system of the performance of archaeological tasks.
Currently the provisions of the Act on the General Rules of Administrative Proceedings and Services are applicable as underlying rules in most of the procedural matters in respect of administrative customs.
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The traditional methods of tax audits and tax litigation in Hungary will soon be a matter of the past, as three new codes have recently been adopted by Parliament and will come into force on January 1, 2018. Naturally, they are a hot topic in the industry.
A new decree was issued by the Ministry for National Economy in October 2017, introducing a three-level, standardized approach relating to the transfer pricing documentation (including the master file, the local file, and the country specific report) f…
According to the current wording of the Code of the Civil Procedure, a private document, until proven otherwise, must have full probative force, verifying that the issuer has in fact made the statement that the document contains, or undertakes to consi…
Reti, Antall and Partners, the Hungarian member of PwC Legal, has a new Managing Partner and a new Partner.
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