Foreign currency denominated loans

Author: István Gárdos - András Nagy

Foreign currency denominated loans were widely used in Hungary in the last decade. István Gárdos and András Nagy explores the civil law nature of these agreements. The article is availabe in Hungarian.

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Secured lending

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Civil law

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The meaning of asset in civil law

Law applicable to securities

Fiduciary and in rem securities: cash collaterals

Fiduciary and in rem securities: Insolvency

Fiduciary and in rem securities - Situation after the recent amendments

Charge on dematerialised securities

Charge on future receivables

Loan agreements (Part II.)

Loan agreements (Part I.)

Current accounts and bank accounts

Comments to the legislative proposal for the amendment of the Civil Code

The notion of money

Gratuitous nature of securities

Legal status of branch offices

Mistaken payments in insolvency

The International Comparative Legal Guide to: Securitisation 2015 Edition

Legal consequences of invalidity of a loan contract

Securitisation in Hungary

Some thoughts on the foreign currency debtor relief act

Factoring and financial lease in insolvency II.

Factoring and financial lease in insolvency I.

Structured finance and securitisation in Hungary

Consequences of invalidity of loan agreements

Prescription of obligations arising from loan agreements

Factoring in the new Hungarian Civil Code

Liability of managers in the new Hungarian Civil Code

Fears about the liability of managers

Foreign currency denominated loans

Judgment on arbitration clauses

Maturity and prescription in case of surety

The International Comparative Legal Guide to Securitisation 2012 Edition

Supreme Court rules on unilateral amendment of loan contracts

Costs of litigation in case of termination of the procedure

Actual issues relating to suretyship

Practical issues relating to suretyship

Parliament passes plan for foreign-denominated debt crisis

Supreme Court provides guidance on early repayment charges

Municipality underground carpark investments in the light of the Supreme Court's decision.

Proposal for the regulation of factoring in the new Civil Code

Foreword to the 'Studies on fiduciary securities

Act Restricts Unilateral Amendments by Banks

Comfort Letters Unenforceable, But May Give Rise to Damages

Option as security and significant disproportionality

Rights and obligations in the new Civil Code (in Hungarian)

Recodification of the Hungarian Civil Law

Principles of European law - a new step in the harmonisation of European civil law?

The Responsibility of the Principal Regarding the Compensations in the Case of Abrogation of the Contract with Immediate of the Agency Agreement (in Hungarian)

Agency in the system of the Civil Code (in Hungarian)

Beneficial Ownership of the Right of Company Membership (in Hungarian)

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Service Agreements Contracted by Remote Sales in the Financial Sector (in Hungarian)

Retrial in the Arbitration court Procedure (in Hungarian)

Transfer of contract (in Hungarian)

Assumption of debt as novation (in Hungarian)

Decreasing the Risk of Softer Users by: Source Code Deposit (in Hungarian)

Changes of the Bankruptcy Act II. (in Hungarian)

Changes of the Bankruptcy Act I. (in Hungarian)

Assignment in the UNCITRAL Convention and the draft new Civil Code

The Electronic Communications Act in the light of the 2002/58/EC Directive II. (in Hungarian)

The Electronic Communications Act in the light of the 2002/58/EC Directive I. (in Hungarian)

Revision of the rules on assignment in the light of the international practice

A biztosítékok sorsa az engedményezés során

Fedezetelvonó vagyoni hozzájárulás

The Metro litigation and the legal personality of the state (in Hungarian)

Issues of codification and harmonisation from the field of company law

Civil law issues relating to the Metro 4 litigation

Insurance law

Articles in English

Articles

Secured lending

Securities & Capital Markets

Banking and finance

Civil law

Employer's responsibility for granting annual leave

Termination of employment with immediate effect: Not so risky after all?

The meaning of asset in civil law

Law applicable to securities

Fiduciary and in rem securities: cash collaterals

Fiduciary and in rem securities: Insolvency

Fiduciary and in rem securities - Situation after the recent amendments

Charge on dematerialised securities

Charge on future receivables

Loan agreements (Part II.)

Loan agreements (Part I.)

Current accounts and bank accounts

Comments to the legislative proposal for the amendment of the Civil Code

The notion of money

Gratuitous nature of securities

Legal status of branch offices

Mistaken payments in insolvency

The International Comparative Legal Guide to: Securitisation 2015 Edition

Legal consequences of invalidity of a loan contract

Securitisation in Hungary

Some thoughts on the foreign currency debtor relief act

Factoring and financial lease in insolvency II.

Factoring and financial lease in insolvency I.

Structured finance and securitisation in Hungary

Consequences of invalidity of loan agreements

Prescription of obligations arising from loan agreements

Factoring in the new Hungarian Civil Code

Liability of managers in the new Hungarian Civil Code

Fears about the liability of managers

Foreign currency denominated loans

Judgment on arbitration clauses

Maturity and prescription in case of surety

The International Comparative Legal Guide to Securitisation 2012 Edition

Supreme Court rules on unilateral amendment of loan contracts

Costs of litigation in case of termination of the procedure

Actual issues relating to suretyship

Practical issues relating to suretyship

Parliament passes plan for foreign-denominated debt crisis

Supreme Court provides guidance on early repayment charges

Municipality underground carpark investments in the light of the Supreme Court's decision.

Proposal for the regulation of factoring in the new Civil Code

Foreword to the 'Studies on fiduciary securities

Act Restricts Unilateral Amendments by Banks

Comfort Letters Unenforceable, But May Give Rise to Damages

Option as security and significant disproportionality

Rights and obligations in the new Civil Code (in Hungarian)

Recodification of the Hungarian Civil Law

Principles of European law - a new step in the harmonisation of European civil law?

The Responsibility of the Principal Regarding the Compensations in the Case of Abrogation of the Contract with Immediate of the Agency Agreement (in Hungarian)

Agency in the system of the Civil Code (in Hungarian)

Beneficial Ownership of the Right of Company Membership (in Hungarian)

Offending the Principle of Proper Exercise of Law (in Hungarian)

Service Agreements Contracted by Remote Sales in the Financial Sector (in Hungarian)

Retrial in the Arbitration court Procedure (in Hungarian)

Transfer of contract (in Hungarian)

Assumption of debt as novation (in Hungarian)

Decreasing the Risk of Softer Users by: Source Code Deposit (in Hungarian)

Changes of the Bankruptcy Act II. (in Hungarian)

Changes of the Bankruptcy Act I. (in Hungarian)

Assignment in the UNCITRAL Convention and the draft new Civil Code

The Electronic Communications Act in the light of the 2002/58/EC Directive II. (in Hungarian)

The Electronic Communications Act in the light of the 2002/58/EC Directive I. (in Hungarian)

Revision of the rules on assignment in the light of the international practice

A biztosítékok sorsa az engedményezés során

Fedezetelvonó vagyoni hozzájárulás

The Metro litigation and the legal personality of the state (in Hungarian)

Issues of codification and harmonisation from the field of company law

Civil law issues relating to the Metro 4 litigation

Insurance law

Articles in English