Blog » INTERNATIONAL LAW FIRMS CONFERENCE IN CYPRUS
INTERNATIONAL LAW FIRMS CONFERENCE IN CYPRUS
31 October 2017
We are members of International Law Firms (ILF) a worldwide network of small & medium sized law forms around the world, with around 70 members from 50 jurisdictions. The goal of ILF is improving client service in cross border business legal issues. Every year there are annual and regional conferences where we can share our experiences, meet new people, new viewpoints, and make our community better.
This year we had the opportunity to represent Hungary at ILF’s world conference, organized in Limassol, Cyprus between 13-16 October, hosted by the A. Chr. Theophilou LLC Law Firm & Theopilou Service Group (TSG).
On the first day of the conference, the members of ILF had the opportunity to hear the presentations of two legal-tech companies, who presented their respective on-line document handling and case management products, aiming at making lawyers and law firms more effective in the digital world. These new on-line tools are indispensable for every law firm, who would like to be competitive in the 21st century.
The European members of ILF participating at the conference have also decided to launch a special cross-border collaboration in the framework of ILF GDPR Working Group, to share experiences with each other regarding the national preparation for the General Data Protection Regulation of the European Union (GDPR).
Given that the GDPR is a legal instrument, which will be directly applicable in the 28 EU Member states from May 2018, and it will have legal effect even for companies seated outside the EU in case they handle personal data of persons domiciled in the EU, this collaboration in the framework of ILF will be useful for not only the law firms participating in this project, but ultimately to their clients.
On the second day of the conference, after the opening speech of Mr. Constantinos Theopilou, founding partner of TSG, Ms. Christina Theopilou made a great presentation in shipping and investment law under the title “Benefits and Advantages of the Cypriot Flag on Vessels and the Gross Tonnage Tax Certificate”.
After the presentation, we had the opportunity to meet local enterprises interested in cross-border business in the framework of the 2nd International Legal Service Forum.
We express our thankfulness and appreciation for the great organization to the A. Chr. Theophilou LLC Law Firm & Theopilou Service Group!
Hungary: Steps Towards Differentiating Between Domestic and International Procedural Public Policy
Drawing a well-defined line of demarcation between domestic and international public policy when enforcing foreign arbitral awards sends a clear pro-arbitration message from national courts in any jurisdiction. Does Hungarian case law come close to this level of sophistication? This post analyses this question in the context of procedural public policy, and it does so based on two recent appellate court decisions rendered in the context of enforcement of arbitral awards in accordance with the New York Convention.Read more »
EU ISSUED NEW GDPR STANDARD CONTRACTUAL CLAUSES – WHEN AND HOW TO USE THEM?
During summer 2021, the European Commission published two new "standard contractual clauses" on data protection regulation, which can be applied on the one hand, to the legal relationship between data controllers and data processors covered by the GDPR , and to the transfers of personal data to third countries, on the other. In this article, we answer the questions: what these SCCs regulate, how do they differ from the previous SCCs and how can your company use the new SCCs?Read more »
CAN THE NON-COMPETITION AGREEMENT BE VALID WITHOUT A PRECISE COMPENSATION IN HUNGARY?
The non-compete agreement may provide protection of the legitimate economic interests of the employer even after the termination of employment relationship. However, the Hungarian Labour Code lays down strict requirements for the agreement. In our article we analyse a recent decision of the Supreme Court about the importance of the precise determination of the compensation, so you as an employer can conclude a valid non-compete agreement.Read more »