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Lease is a legal institute regulated by the Obligations Act (Official Gazette Nos. 35/05, 41/08, 125/11, 78/15, 29/18, 126/21, 114/22, 156/22, 145/23, 155/23; hereinafter: OA). By a lease agreement, the lessor undertakes to deliver a specific thing to the lessee for use, while the lessee undertakes to pay the agreed rent. From the statutory definition, it follows that a lease agreement is a consensual, bilateral, remunerative legal transaction. The subject of lease can be movable or immovable property, and an essential feature of lease is that the thing is given for use, with the right to collect fruits (profits) from it.

Bankruptcy proceedings are non-contentious proceedings initiated by the filing of a petition for the opening of insolvency proceedings or a request for the conduct of summary insolvency proceedings against a person who, within the meaning of the provisions of the Insolvency Act, may be an insolvency debtor. After the filing of a petition for the opening of insolvency proceedings, the court may, in various situations prescribed by law, issue a decision opening insolvency proceedings, suspending the proceedings, dismissing the petition as inadmissible, or rejecting the petition for the opening of insolvency proceedings. If the court opens insolvency proceedings against the debtor by decision, the legal effects of the opening of insolvency proceedings arise, some of which are procedural in nature and some substantive in nature.

Property acquired during marriage is often more complex than it may initially seem, and business shares in a limited liability company (LLC) are among the most common sources of legal uncertainty between spouses. Can a business share be considered marital property? Does a spouse have the right to half of the share even if they are not registered as a member of the company? Who decides when a dispute arises? These questions become crucial particularly in situations of separation, divorce, or division of property, and the answers require a thorough understanding of both the Family Act and the Companies Act. For that reason, below is an overview of the key rules as well as the steps that need to be taken when a business share is subject to marital property.