Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

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4. Results: Answers
International Arbitration
14.
Grounds for challenging an award
14.1
What are the grounds on which an award can be challenged, appealed or otherwise set aside in your jurisdiction?
Hungary

Answer ... An award may not appealed or revised, but can be set aside in justified cases. The New York Convention sets out the grounds for dismissal of an award. Under the Arbitration Act, the court will refuse enforcement of an arbitration award if it deems that:

  • the subject of the dispute may not be referred to arbitration in accordance with Hungarian law; or
  • the arbitration award is in conflict with Hungarian public order.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
14.2
Are there are any time limits and/or other requirements to bring a challenge?
Hungary

Answer ... A party may turn to the regular (state) court and initiate proceedings to set aside the award within 60 days of receiving the award.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
14.3
Are parties permitted to exclude any rights of challenge or appeal?
Hungary

Answer ... The Arbitration Act remains silent on whether the parties can rightfully exclude such rights.

For more information about this answer please contact: Alexandra Bognár from Schoenherr Attorneys at Law
Contributors
Topic
International Arbitration