BPV Huegel has advised AI researcher Josef Hochreiter on founding the NXAI company together with Netural X and the Pierer Digital Holding. Oberhammer Rechtsanwaelte reportedly advised the other JV partners.
BASEAK Advises DFF and 212 VC on Getmobil Investment
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised lead investor Dutch Founders Fund and 212 VC on their recent investment in Getmobil.
RTPR and Filip & Company Advise on Arobs' Acquisition of Infobest
Radu Taracila Padurari Retevoescu has advised Arobs Transilvania Software on the acquisition of Infobest Romania from founders Yvonne Abstoss-Becker and Christian Becker. Filip & Company, working with PPR & Partner Pape Rauh, advised the sellers.
SSK&W Advises Atmos Ventures and Inventures on Edrone Investment
SSK&W has advised Atmos Ventures and Inventures on their investment in Edrone. Lawsome reportedly advised Inventures as well.
Legal Considerations for Investing in Generative AI in Hungary — A dilemma of Data and Authorship
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.