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When you enter a contract with a Hungarian business partner, it is more common that a Hungarian arbitration clause is included in the contract. This provision is crucial because it determines how you can enforce your claim against the other party in case of a legal dispute. In the following we outline the basic Hungarian legal provisions on arbitration agreements.
In our previous article, we introduced the costs of the litigation in Hungary. In this article, we will examine which party is liable to pay these costs and whether the debtor be liable to pay court costs in Hungary.