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Thoughts on the successions of the business shares
Views:77The article focuses on the successions of the business shares which are in the Hungarian limited liability companies. There are several changes because of the new Civil Code that affected this area although we have to examine the former regulation because of the period of validity, too.
The succession law is the area of the law with whom every people has connection at least once in their life. The number of the legacies grows in which business shares can be founded because more and more people are participating in business societies.
The new method of the regulation differs from the previous. The new Hungarian Civil Code (Act V of 2013) consists of not only the “classical” civil law (for example property law, law of contracts) but the family law even the business law. Before this there were two separate laws and because of this situation we have to examine the relation of these laws and their methods of regulations.
Afterwards we study the state of the successors in the Hungarian limited liability companies. It diverges from the other companies because the limited liability companies are transitions between general and limited partnerships and joint-stock companies. There were more ideas how to regulate this company; at the end it has differences but not so significant.
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Fragmentation and changes in Hungarian succession law
81-103Views:226The right to inherit is recognized in the Fundamental Law, the detailed substantive legal rules are laid down in the Seventh Book of the Civil Code. In recent years, the legislator has formulated rules of substantive succession in other legislation beyond our private law code (the Civil Code). According to the Registered Partnership Act, the rules applicable to the spouse apply mutatis mutandis to the registered partner, which means that the registered partner is also a legal heir. The special rules for the acquisition of ownership of agricultural and forestry land by succession by will are laid down in the Land Traffic Act (Act CXXII of 2013). On 1 January 2023, a new law will enter into force (Act CXLIII of 2021), which will supplement the succession law provisions of the Civil Code in the case of joint legal intestate succession of undivided common ownership of agricultural land by several heirs. The designation of a public body to represent the State in succession matters is provided for in a separate ministerial decree. The present article analyzes how all these complex, fragmented regulations make it difficult to enforce the law and the extent to which it hinders the speedy execution of probate proceedings. The present article criticizes the fragmented regulation and proposes the integration of the rules of the separate laws into the Civil Code, as this could contribute to a more efficient application of the law.
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Monist theory in copyright law of Hungary
Views:59Examining the history of copyright law, we can distinct two significant theories. The distinction is based upon the position of entitled parties. Two separated fields can be found among the rights of the author: personal and financial rights. It is no doubt that personal rights are inseparable from the author itself, these rights cannot become objects of commercial businesses. If we look at these rights a little bit closer, we can realize that personal rights of the author do not play significant role in earning money from an intellectual product. These rights ensure the integrity and originality of works. Separating the two theories we have to focus on financial rights. Trying to describe these rights we can see that no exact definition can be given to them because of the permanent development of printing and publishing technology. Due to the monist theory it can be said that financial rights are close to personal ones, they are inseparable from personality of the author. Transcribing this opinion to the language of law it means that the decent regulation should prohibit the transfer of these rights among living persons. In the Anglo-Saxon legal system experts think that financial rights have to take part in commercial trade if we want to acknowledge the achievement of authors.
In Hungary copyright law is on the point of the monist theory. The Act refers that financial rights of the author cannot be transferred and the author has no right to abandon them. If we get a closer look at the structure of the valid Act, we can say that monist theory is not consistent. It is possible to inherit financial rights. We need this rule if we would like to harmonize the system to the time of protection. The other relevant fact of crossing the prohibition is in connection with works created under labour frames. In this case the employer gets financial rights ex lege. To find the reason of this regulation we have to examine the nature and aim of labour relations. The employer gives payment to his employee, the author to establish and create works. In this situation it is natural that the author looses his financial rights. The problem is that in Hungary differences can be found between civil and labour law. If we try to give meaning to labour relations, misunderstandings and different point of views can reveal. The other problematic factor is that the Act does not bother with the question of succession.
In my study I present the pros and cons of both theories and gather those significant practical and theoretical fields of copyright law that can be limits of monist theory. I examine special rules for special works, rules of civil and labour law in connection with authors and give a short historical overview to see what can be the main directions of future developments.