News & Legal Updates

Hungary: The Liability of Managers and The New Civil Code

October 2014

The new Civil Code which entered into force on 15 March 2014 introduces substantial changes into the liability rules applicable to the senior managers of business organisations. According to the new rule, senior managers shall have joint and several liability with their companies for damage caused to external parties in relation to their office.

Cyprus: Legal Issues on Online Pornography

October 2014

The term “pornography” is not to be found in any Cyprus legislative context and is never used or analysed as a legal term in any legal paper. The only Law of the Republic that deals with pornography and related matters (obscene articles) is the Publication of Obscene Articles Law L.35/1963

The annual meeting of the East Legal Team EEIG members

May 2014

The 2014 annual East Legal Team – European Economic Interest Grouping (“ELT”) conference took place on May 24th in Sofia, Bulgaria. This year the event was organized by the Bulgarian ELT member, PP&Z Law, and was hosted by Arena di Serdica Hotel.