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  • In the attached documents you can find professional articles on various aspects of financing transactions and security taking, prepared by our colleagues and published in several professional magazines, including: “LIENS AND DETENTION RIGHTS” published by Sweet & Maxwell in December 2001, (English); Hungarian chapter of “AIRCRAFT FINANCE” published by Sweet & Maxwell in May 2002, […]

  • The Hungarian Supreme Court has issued a second judgement (BH 2002.364) confirming that assignments by way of security do not survive the assignor’s insolvency. Although Supreme Court judgements are not binding as precedent, two recent judgements on this issue cast considerable doubt on the effectiveness of existing methods of taking security over rights and claims. […]