October 28, 2009
Price WaterhouseCoopers summarizes the new legislation barring automatic resort to Budapest courts for contract disputes.
Price WaterhouseCoopers summarizes the new legislation barring automatic resort to Budapest courts for contract disputes ”Among other effects of the amendments to the Civil Procedures Act that Parliament passed during the summer, it restricts the rights of contractual parties to stipulate, at the time a contract is signed, the exclusive jurisdiction of a particular court regarding future disputes that might arise in connection with the contract.”
http://www.pwc.com/hu/en/publications/ado-hirujsag.jhtml
