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Hungary: Executive officer liability changed in modified Civil Code

03/10/2016

On 13 June 2016, the Hungarian Parliament adopted modifications to the Hungarian Civil Code which addresses, among other matters, the liability of executive officers of a company. The modification was necessary to clarify confusion regarding joint liability of...

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Authors

Portrait ofAnikó Kircsi
Anikó Kircsi
Partner
Budapest
Portrait ofPéter Tóth
Péter Tóth
Senior Counsel
Budapest