The fast-paced, sometimes hectic flow of everyday businesses may lead us to overlook statutory data registry or reporting obligations. While these omissions, such as the failure to report an address change, a new delivery agent, or to publish the annual account balance, may seem as minor flaws bearing little or no consequence, they can actually […]
The creditors’ cartel case that gradually developed into a decade-long proceeding since its outset in 2011, landing first before the Hungarian Competition Authority, then the Budapest Metropolitan Courts, eventually to be addressed at the European Court of Justice for preliminary ruling, seems to come to an end with the July 2020 decision of the Metropolitan […]
The European Court of Justice (ECJ) invalidated the Privacy Shield adequacy decision: another milestone in the legislative development on international data protection law. The July 16, 2020 ruling of the European Court of Justice invalidated the Privacy Shield Agreement earlier established between the EU and the USA, an utmost important decision in the field of […]
During the state of emergency declared after the domestic appearance of COVID-19, a number of legal provisions were adopted, which helped all market participants to adapt to the situation. However, most of these provisions and restrictions were lifted after the end of the state of emergency, but some of them remained in force, since the […]
The EU General Court’s new approach to merger control may give the green light to an increasing number of merger and acquisition (M&A) deals. On May 28, 2020, the EU General Court annulled the Commission’s prohibition of a merger proposed by two telecom companies, Telefónica UK and its competitor among network operators, Hutchison 3G UK. […]
The impact of the unprecedented shock of the pandemic is now tangible, clearly affecting enterprises in Europe. Undertakings are cautious in reopening their doors to the market and customers. Although the number of new infections is (reassuringly) on the decline, the prospects for the next half year period are still filled with uncertainty: undertakings seek […]
The Act CXXX of 2016 on the Code of Civil Procedure (Ccp.) currently in force, in order to meet the requirements of accelerated technical development, already incorporated – upon its entry into force in 2018 – the rules for the use of electronic technologies and devices. However, no one would have thought that their use […]
The global quest for effective treatment for the quickly spreading COVID -19 pandemic demands a review and amendment of the regulations on clinical trials carried out on human subjects. To expedite market access to rapid tests, vaccines, and newly developed drugs, both the US FDA and the European Medicines Agency (EMA) have recently published recommendations […]
