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• Family businesses and shareholders' agreements - possible links

  99-124

  Zoltán József Fazakas

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  227

  The concept of a family company is not defined in current law. In the case of companies in which members of a family have a decisive influence, it allows only a formal approach. However, in addition to the formal approach, the substance of the company, the specific nature of family interests and values, justify an examination of the company from other points of view, which allow not only the long-term commercial economic activity but also the specific nature of family relationships to be examined on the basis of company law. It is therefore of the utmost importance that family companies should reflect family relationships, the need to operate intergenerationally and protect the family nature of the company, and ensure the family's long-term prosperity. The combination of the formal and substantive elements makes it possible to conclude that family companies are special legal entities in which a particular family community has a decisive influence, has and represents specific interests and values, among which the protection of family assets, the aim of intergenerational operation and the safeguarding of the long-term well-being of family members are to be highlighted. The Civil Code provides for multiple means of achieving these interests, in addition to the classic instruments of company law, including the possibility of shareholders’ agreement.

• The Place of Family Law in the Legal System: Theoretical Foundations and European Contexts

  185-203

  Nelli Varga

  Anna Szendrői

  Views:

  48

  Family law is an extremely complex, specialized field of law, largely based on private law but partly interwoven with elements of public law. It is indisputable that family law has its roots in private law, but family relationships are also regulated by numerous other branches of law, some of which belong to public law, or even by instruments that go beyond the scope of law. Based on all this, we may rightly ask ourselves whether family law can be considered a separate branch of law or rather a subfield of civil law with its own specific characteristics.

  This study seeks to answer this question by examining domestic and international regulatory models and dogmatic approaches. It can be stated at the outset that Anglo-Saxon countries treat family law as a separate branch of law, while according to continental practice – as is the case in Hungary – family law forms an integral part of private law, and accordingly, family law regulations – due to their private law nature – have been integrated into the text of the Civil Code.

  Despite the clear regulations, however, it cannot be ignored that, due to the continuous change and development of family law, it is increasingly losing the coherence created by civil law rules. The transformation of the traditional family model, the redefinition of the concept of family, and the increased importance of constitutional fundamental rights and personal rights are significantly changing the structure of family law and posing serious challenges for legislators and law enforcement agencies.