If a company receives a liquidation petition, this is one of the most urgent legal situations a business can face. In such cases it is not enough to wait and see what happens, nor is it necessarily sufficient for the company to dispute the claim in general terms after the fact. The purpose of liquidation...Read More

There can be situations in the life of a business where temporary payment difficulties arise, but on the basis of the company’s operation, its client base or its business model there is still a realistic chance of reorganisation. In such cases liquidation proceedings are not necessarily the only possible route. In certain cases bankruptcy proceedings...Read More

In the course of a company’s operation it often happens that a contractual partner pays late, disputes the invoice, delays performance, or simply does not respond to enquiries. Managing receivables is then not only a financial but also a legal question: the company has to act firmly while proceeding lawfully, in a documented way and...Read More

Before buying or selling real estate, one of the most common questions is how much the lawyer’s fee is and exactly what services it covers. In Hungary, a real estate sale and purchase agreement is only valid if countersigned by a lawyer or incorporated into a notarial deed, so the involvement of a lawyer is...Read More