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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
Storm in a Teacup: A New Ground for Annulling Hungarian Construction Arbitration Awards
September 22, 2023

Making an awkward legislative step, the Hungarian legislator introduced a new ground for annulling construction arbitration awards from 5 June 2023, which applies where arbitrators fail to deliberate…

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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
Confidentiality v. Transparency in International Arbitration – A Budapest Conference Recap
July 06, 2023

A pioneer in the region of Central and Eastern Europe (CEE region), the Permanent Arbitration Court attached to the Hungarian Chamber of Commerce and Industry (HCAC) signed a partnership agreement…

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Manuela Grosu, Zoltán Ferenczik (KPMG Legal Tóásó Law Firm)
Joining the Positive Trend: Lessons from Hungary on Pathological Arbitration Clauses
February 03, 2023

A recent international arbitration case administered by the Permanent Arbitration Court attached to the Hungarian Chamber of Commerce and Industry (“HCCI Arbitration Court”) demonstrated that Hungary…

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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
More Than a Facelift? - New Hungarian Arbitration Rules Take Off in 2023
January 05, 2023

The Permanent Arbitration Court attached to the Hungarian Chamber of Commerce and Industry (The Hungarian Commercial Arbitration Court or ‘HCAC') has recently adopted its revised rules of proceedings…

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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
Hungary: Enforcing Arbitration Agreements by Applying Foreign Law
February 07, 2022

Conflict of laws issues can have a pivotal effect on the effectiveness of arbitration when state courts are asked to enforce arbitration agreements. Has the approach of Hungarian courts crystalized…

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András Dániel László (LFB – László Fekete Bagaméry, Attorneys at Law)
New Concession Arbitration Court in Hungary: An Uneven Playing Field
September 16, 2021

Would you agree to arbitrate in a forum where the opposing party has the last word about the tribunal’s composition? This is what the new Hungarian Concession Arbitration Court, scheduled to start…

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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
Hungary: Steps Towards Differentiating Between Domestic and International Procedural Public Policy
September 03, 2021

Drawing a well-defined line of demarcation between domestic and international public policy when enforcing foreign arbitral awards sends a clear pro-arbitration message from national courts in any…

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Zoltán Novák (Taylor Wessing Budapest)
Limits of Arbitral Competence: Lessons from a Hungarian Domain Name Dispute
January 30, 2020

For a number of years, most Hungarian domain name disputes have been decided by an Alternative Dispute Resolution Forum (hereinafter: 'Forum') operated by the Council of Hungarian Internet Providers…

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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
Hungary: Setting Aside Arbitral Awards in the Last 25 Years – A Pro-Arbitration Approach with Minor Derailments
January 26, 2020

Two and a half decades have passed since Hungary harmonised its arbitration law with UNCITRAL Model Law (‘Model Law’) in 1994. This marked a giant leap forward, especially as the adopted provisions…

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Richard Schmidt (SMARTLEGAL Schmidt & Partners)
The New York Convention in the Hungarian Court Practice in Two Decades - Formalistic Yet Pro-Arbitration Approach
September 11, 2019

This post analyses the decisions of Hungarian courts rendered under the New York Convention (“Convention”) and published in the last two decades. The decisions were initially made available to the…

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