Hungarian legal reform for the private sector

Article Abstract:

The Hungarian legal system is being reformed to support private-sector development. The most difficult area of reform concerns real property law. To avoid restitution in-kind, which has caused problems for other former communist countries, Hungary has created a coupon system to compensate those whose property was expropriated by the socialist government. Developments in constitutional law, real property rights, intellectual property rights, company law, foreign investment law, contract law, bankruptcy, competition law and the judicial system are discussed.

Analysis, Economic policy, Hungary, Private sector, Law reform, Legal reform

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The evolving legal framework for private sector activity in Slovenia

Article Abstract:

Slovenia's corporate, foreign investment and intellectual property laws and the institutions which enforce them are mainly conducive to the newly independent country's transition from communism to a free market economy. However, its laws in other areas will need to be developed or reformed. Changes in Slovenia's antitrust and corporate bankruptcy laws and enforcement mechanisms will be necessary to stimulate a free market economy, as will changes in the concept of property and private ownership.

Slovenia, Free enterprise

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Closing the property rights contract: opponents say the environment and home owners would lose under federal bills

Article Abstract:

Congress is now considering bills that would fundamentally change the ways in which property rights interact with govt freedom to regulate. HR 927 passed the House on Mar 3, and several competing bills are now in the Senate. Some would follow the House bill in allowing property owners compensation if a federal action reduces the property's value by 20% or more. Critics say the measures ignore Supreme Court opinion and will hurt homeowners.

United States, Economic aspects, Environmental law, Regulatory taking (Law)

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