The Ministry of Economic Development plans to introduce a new legal concept in “building right”, which can be created with respect to parcels of land and could have wide-ranging consequences, including giving a new impetus to solar power projects. The bill on...
Process of modifying PPA-based construction contracts in the light of inflationary price increases[1] [1] The flow chart has been prepared on the basis of Government Decree No. 13/2023 (I.24.) on the modification of construction contracts (hereinafter:...
On design requirements Technical requirements in design contracts At first sight, the answer to the question of what requirements a design should meet might appear simple: ones that the parties have agreed on in the contract. However, the situation is...
As we previously reported, the Hungarian government, in order to bring clarity to the recoverability of extra costs incurred by contractors due to war inflation, issued a Government Decree to add new cases where contracts concerning government construction projects...
In Government Decree No. 13/2023. (I. 24.) on the modification of contracts concerning construction projects (“Decree”), the Hungarian government, in order bring clarity with regard to the recoverability of extra costs incurred by contractors due to war inflation, has...
The relationship between investment protection and the enforcement of claims under civil law – an introduction Investment protection is an important segment of international law. It is one of the few areas that is not covered by a general multilateral convention...
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’Very good and diversified staff with wide expertise.’ Client testimonial
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