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Rules on sales with retention of title: important legal information for Hungarian companies trading with Germany
class action info corner
The new class action rules are coming and will have quite an impact. Our info corner gives you an overview of how CEE countries intend to implement the Directive.
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As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
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sanctions corner
Our sanctions corner aims to give an overview of all applicable sanctions in the CEE region in connection with the Ukraine conflict. It will be updated regularly.
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Our CEE-wide expertise across several legal areas and industries allows our teams to advise on all environmental, social and governance related questions and challenges. This info corner gives an overview of our legal expertise in relation to ESG.
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class action
The new class action rules are coming and will have quite an impact. Our info corner gives you an overview of how CEE countries intend to implement the Directive.
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Bulgaria: Schoenherr advises Borealis AG on contemplated acquisition of Integra Plastics
Schoenherr advises Borealis AG, a leader in advanced and circular polyolefin solutions, on the contemplated acquisition of Integra Plastics, a Bulgarian polyethylene and polypropylene recycler.
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CEE: Schoenherr named CEE M&A Legal Adviser of the Year by Mergermarket
Schoenherr won the CEE M&A Legal Adviser of the Year award presented by Mergermarket at the European M&A Awards Gala on 28 November 2023.
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Rules on sales with retention of title: important legal information for Hungarian companies trading with Germany
In import-export transactions across Europe, it is common for sellers to protect the assets they have sold by retaining the ownership title until the buyer has paid the full purchase price. Retention of title allows sellers to reclaim the assets if the buyer fails to pay, and even if the buyer goes bankrupt before payment is made. In Hungary, however, such an arrangement can lead to unpleasant surprises for sellers.
newsletter
Neuerliche Anhebung der EU-Schwellenwerte für europaweite Vergabeverfahren
Nach der letzten Anpassung im Jänner 2022 werden die Schwellenwerte für EU-weite Vergabeverfahren mit 1. Jänner 2024 neuerlich angehoben. Mit den am 16.11.2023 veröffentlichen delegierten Verordnungen der Europäischen Kommission "2023/2495", "2023/2496", "2023/2497" und "2023/2510" wurden folgende Anhebung der Schwellenwerte bekannt gemacht:
newsletter
Serbia: Will FAC-1 resolve issues in FIDIC multiparty contracts in the Eastern Balkans?
In recent years we have seen major infrastructure projects in the Eastern Balkans, ordinarily based on International Federation of Consulting Engineers (FIDIC) standards, face significant delays and impediments due to complex decision-making processes. Such projects have for a long time exceeded a structure that encompasses only the contractor, employer and engineer. They now include financiers (international institutions or other funds), beneficiaries and authorities, so the project structure and procurement have become even more challenging.
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