Nowadays, one can hear a lot about generative artificial intelligence ("Generative AI"), which can be used to create different types of content (e.g., text, images, software source code) in an automated way by giving simple instructions (so-called "prompts"). Companies may reasonably ask whether it is worth investing, at this point, in software using Generative AI; however, the current Hungarian legislative environment does not provide answers to this question, which could clearly provide guidance in all cases, on a general basis. For this reason, the legal implications of each investment (be it either procurement or "in-house" development) need to be examined on a case-by-case basis.
Victim of Malware Accused of Intent?! Quite Possibly, But How.
By Decision of the Court of Justice of the European Union ("CJEU") of 14.12.2023 in case C‑340/21 the CJEU clarified several controversial aspects of the implementation of the GDPR.
Rymarz Zdort Maruta and Allen & Overy Advise on CloudFerro Sale of Minority Stake to Innova Capital
Rymarz Zdort Maruta has advised the shareholders of CloudFerro on the sale of a minority stake in the company to Innova Capital. Allen & Overy advised Innova Capital.
Avellum Advises Stellantis on Acquisition of CloudMade AI Technologies and IP
Avellum, working with Linklaters, has advised Stellantis on the acquisition of the artificial intelligence framework, machine learning models, and intellectual property rights and patents of CloudMade.
DWF and Schoenherr Advise on Avallon MBO Sale of Marketplanet to Byggfakta
DWF has advised the Avallon MBO fund on the full sale of Marketplanet to the Byggfakta Group. Schoenherr advised Byggfakta on the acquisition.
Harrisons, Maric & Co, Lambadarios, Wolf Theiss, and Selih & Partnerji Advise on EUR 1.7 Billion United Group Refinancing
Harrisons, Maric & Co, Lambadarios, and Wolf Theiss, working with Linklaters, have advised a banking consortium led by UniCredit Bank London on the United Group's EUR 1.7 billion issuance of four tranches of senior secured and PIK notes as well as on the increase and extension of its EUR 410 million revolving credit facility. Selih & Partnerji, working with Paul Weiss, advised the United Group. Schoenherr, Koutalidis, De Brauw Blackstone Westbroek, and Elvinger Hoss Prussen reportedly advised the United Group as well.
BDK Advokati Successful for Former Prisoners Against Serbian Media Regulator Before Belgrade Administrative Court
BDK Advokati has successfully represented Satko Mujagic, Fikret Alic, and the Association of Camp Inmates Kozarac in a dispute against the Serbian REM electronic media regulator before the Administrative Court in Belgrade.