Hungary

Legislation in an Epidemic Emergency: Changes in Insolvency Procedures

Three regulations concerning insolvency proceedings were published on 16 April 2021, among them a Government Decree which introduces a new procedure for what is intended to be a simpler reorganisation of financially distressed companies. Edina Nagy gives a short summary of the Government Decrees.

Three regulations concerning insolvency proceedings were published on 16 April 2021, among them a Government Decree which introduces a new procedure for what is intended to be a simpler reorganisation of financially distressed companies. Edina Nagy gives a short summary of the Government Decrees.

The article can be found here.