HUNGARY Law and Practice Contributed by: Tamás Éless, Sarolta Édua Szabó, Ulrike Rein and Zsolt Farkas, Oppenheim Law Firm
13.4 Consolidation The Hungarian Arbitration Act does not contain any provisions on the consolidation of separate arbitral proceedings. As there is no mandatory provision of the Act prohibiting consolidation, parties to the arbitral proceedings at issue have freedom to agree on the consolidation of the proceedings. In arbitral proceedings administered by the Commer - cial Arbitration Court under its Rules, the Commercial Arbitration Court may consolidate several arbitral pro - ceedings commenced before it if all parties to all of those arbitrations unanimously so request or consent to the consolidation. The arbitrations shall be consoli - dated into the arbitration that was first commenced, except when the parties have unanimously requested or consented to the consolidation of the arbitral pro -
Rejection of the recognition and enforcement of arbi - tral awards with reference to the violation of Hungar - ian public policy is especially rare, confined to cases where the enforcement of the arbitral award is deemed to be “manifestly” incompatible with the fundamental principles of Hungarian law. 13. Miscellaneous 13.1 Class Action or Group Arbitration Hungarian arbitration law does not contain any provi - sions on class action arbitration or group arbitration. 13.2 Ethical Codes Hungarian law does not provide a specific ethical code or other professional standards applicable to counsels and arbitrators in arbitral proceedings. 13.3 Third-Party Funding Hungarian arbitration law does not contain any pro - visions on third-party funding, mainly because there is no established culture of third-party funding and third-party funders in Hungary, in the context of nei - ther litigation nor arbitration.
ceedings into another arbitration. 13.5 Binding of Third Parties See 5.6 Jurisdiction Over Third Parties .
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