I am fully satisfied with the course, it surpassed my expectations. It should rather be called legal education than a language course. I enjoyed listening to the teacher very much. I will make every effort to come next time.Helga Gulyás-Perisic, J.D., Chief Legal Counsel, GlaxoSmithKline Kft.
I liked the course very much, the atmosphere was great and we learnt a lot in great details. I also appreciated that we could discuss points where there were disagreements.Orsolya dr. Horváth, Legal Counsel, WebEye International Kft.
This was the second course. It also fully complied with my expectations. I can use the material that we have studied during my daily work. It was good to do lots of exercises because it enabled me to learn on top of work and caring of my children. I especilly appreciate your knowledge of the field, as well as your supportive approach.Zsófia dr. Hermány, Junior Legal Counsel, Magyar Telekom Nyrt.
The course surpassed my expectations. It was very efficient. Despite a very tight schedule, I could learn the materials thorugh the repetitive structure of the course and the numerous exercises. László Galuska, Purchasing Manager, Jabil Circuit Magyarország Kft.
Thank you again for the training programme. I found it extremely useful. I liked the professional presentation of the materials and I appreciate that you have demonstrated a deep knowledge of the field.Szabina Dr. Söptei, J.D. Legal Trainee, CMS Cameron McKenna LLP
I liked the course very much. It gave an overall understanding of the subjects of law of probate and trusts and the related property issues.Éva Szénási, J.D., Legal Trainee, Clifford Chance LLP

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Tag: penalty

Difference between penalty and liquidated damages

Jul
19
2017

Liquidated damages is a concept that often results in confusion when used in continental law. This article aims at clarifying the difference between liquidated damages and penalty, and to advise on the correct terminology in situations when a delay or non-performance is penalized under the civil law. Liquidated damages is a common law term which means that the parties agree on a sum to be paid if a party fails to fulfill an obligation. It also means that if the concept of liquidated damages is applied, then the defaulting party must pay...

Tags: liquidated damages, penalty

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