Following the entry into force of the new act on arbitration (Act LX of 2017 on Arbitration, the "Act") this year, the Arbitration Court attached to the Hungarian Chamber of Commerce and Industry (…
The Hungarian Parliament recently passed new legislation on arbitration (Act LX of 2017 on Arbitration, the "2017 Act") that will reform Hungarian arbitration law as of 1 January 2018.
The 2017 Act,…
The Hungarian arbitration Act (Act LXXI of 1994 on arbitration, "the Act") has barely "turned 22" and the pressure to replace it with new legislation has popped up. Considering the current, rapid…
