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A management buyout is a corporate acquisition where a company is bought by the members of its management (CEO, CFO, COO, CHRO, CBDO, CIO, CMO, CAE, CRO etc.). In Hungary, such transactions are typically financed from bank loans, where the  steps  of the process must be agreed with the financing...

Act CXXX of 2016 on Civil Procedures (CPA) will apply to all lawsuits that start after 1 January 2018 in labour and civil cases (other than public administration cases, which will be subject to Act I of 2017 on Public Administration Procedure, also taking effect on 1 January 2018).