Measures implemented to combat the spread of the coronavirus may not only cause liquidity problems for companies but also make decision-making harder. This is becoming an increasingly pressing issue given the approaching deadline for closing the 2019 business year, the approval of yearly financial statements and annual general or members’ meetings, which are especially relevant […]

The spread of Covid-19 pandemic imposes major challenges on the construction industry and the real estate developers as well. The already experienced shortages in the sector regarding workforce and the prolonged deadlines for completion are likely to be further aggravated by the spread of the pandemic. According to Kapolyi Law Firm, construction of large office […]

In our last article on the construction boom’s legal challenges, we considered three cases where an appropriately drafted construction contract helps projects be executed in a timely, cost-effective manner. This paper considers two further instances, where poor drafting may result in legal disputes or even delays in the project. Contract Price and Additional Works There […]

The legal challenges of the construction industry boom – The construction contracts PART 1. According to the most recent data published by the Hungarian Central Statistical Office, the volume of domestic construction production increased by 67,6 % in March 2019 compared to the same period of previous year. The recent record growth, along with the […]

It could be read and heard in the media that in the future the usage of IT devices provided by the employer for work purposes is going to be prohibited for private use following the amendment of the Hungarian Labour Code (Mt.). However, the proposed amendment is not limited to the employer’s control of the […]