CORPORATE VALUATION ISSUES IN CIVIL LITIGATION IN HUNGARY

Abstract

This article presents the Hungarian court practice on the criteria governing the valuation of certain companies and their shares. In civil litigation, Hungarian courts are confronted with this problem in family law disputes, and increasingly often in cases where the issue of determining the value of a company's shareholding arises in disputes between professional economic operators, in particular when a dispute arises between the parties in connection with a share purchase agreement. In addition to procedural issues, serious technical issues arise in lawsuits concerning the determination of the share of a company or the value of a given company. The article describes the Hungarian court practice which has elaborated the criteria for the valuation of companies and describes the company valuation aspects. The article also describes the requirements for the person of the expert, the fact that it is always for the expert and not the court to determine the expert's method, and the evaluation standards and methodological guides that the expert should take into account when carrying out the evaluation. URL: http://sic.pravo.upjs.sk/