ArticleNew Rules For Joint Stock Company MeetingNew rules for joint stock companies have been introduced in changes to the Commercial Code.Czech RepublicCorporate/Commercial LawCMS Cameron McKenna Nabarro Olswang
ArticleCompany Law - Personal Liability Of Executives Of Czech Limited Liability CompanyCzech RepublicEmployment and HRZeiner Golan Nir & Partners
ArticleShort-time Work: Kurzarbeit – Vision And Current SituationSince this spring, the Czech Republic has been struggling with the coronavirus SARS CoV-2.Czech RepublicEmployment and HRSchoenherr (Schönherr Rechtsanwälte)
ArticleSelective DistributionOne of the common types of distribution agreements are selective distribution agreements. In a system of selective distribution, the supplier undertakes to sell the contract goods or services...European UnionCorporate/Commercial LawHavel & Partners s.r.o.
ArticleStricter Liability Of Statutory Body Members (and Others) In Case Of Company InsolvencyThe amendment to the Business Corporations Act effective from 1 January of this year (the "Amendment") brings, among other things...Czech RepublicInsolvency/Bankruptcy/Re-StructuringSchoenherr (Schönherr Rechtsanwälte)
ArticleCouncil Regulation (EC) No.44/2001 on Jurisdiction and the Recognition and Enforcement of Judgments in Civil and Commercial Matters ("Regulation ")On 22 December 2000 the Council of European Community adopted the Regulation, which removes barriers impeding the free enforcement of law and movement of judgments in civil and commercial matters in the whole territory of the European Union.Czech RepublicMedia, Telecoms, IT, EntertainmentCermák Horejš Myslil a spol
ArticleDieselgate Settlements – BGH Declares Shareholders' Resolution VoidThe German Supreme Court ("BGH") has annulled the resolution of the general meeting of Volkswagen AG ("VW AG") in the so-called "Dieselgate" scandal...European UnionCorporate/Commercial LawKinstellar
ArticleLegal Update January 2018Another part of Act No. 460/2016 Coll., which amends Act No. 89/2012 Coll., the Civil Code, and other related laws (the "amendment") entered into effect on 1 January 2018.Czech RepublicCorporate/Commercial LawWeinhold Legal
ArticleBusiness Shares In The Community Property Of Spouses - Are Both Spouses Members Of A Company?The discussion about the business shares of companies owned in the community property of spouses has recently come to a standstill over the question of the consequences of the absence of such a regulation, which was formerly included in the old Civil Code from 1964.Czech RepublicCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleActing On Behalf Of A Company After The Re-CodificationOn 1 January 2014, the re-codification of Czech private law should come into force. One of the institutes that will be changed is acting on behalf of a company.Czech RepublicCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleDistressed M&A And Selected Czech Law SpecificsAs the COVID-19 pandemic keeps reshaping the M&A environment across Europe with only deals at the late stage proceeding further...Czech RepublicCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticlePayment Of Profit Sharing In The Light Of The Recodification Of The Country's Civil LawThe Czech Republic’s new Civil Code and its Business Corporation Act are effective since 1 January 2014.Czech RepublicCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleCustoms Duties In Transition: Why Companies Should Review Their Customs Valuations And Transfer Pricing Policies NowHistorically, customs duties are considered to be the origin of taxation. Today, looking specifically at the current U.S. administration, customs duties—better known as tariffs—are primarily used as tools of trade policy.Czech RepublicTaxKinstellar
ArticleIncorporating A Joint-Stock CompanyThe joint-stock company is the second most common form of business corporations in the Czech Republic. How to establish such company?Czech RepublicCorporate/Commercial LawRutland Jezek
ArticleStatutory Body v EmployeeIt is a common practice in the Czech Republic that the statutory body or member of the statutory body (executive in a limited liability company and board member in a joint stock company) is at the same time employed as a director. Czech RepublicCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleExpected Changes To The Liability Of Corporate Management In The Proposed Bill On CorporationsThe long-expected recodification of Czech private law has now entered the second reading before the Chamber of Deputies, despite the resistance of the opposition MPs.Czech RepublicCorporate/Commercial LawHavel & Partners s.r.o.
ArticleRegulation Of Corporate Groups In The New Civil LawEffective 1 January 2014, the new Civil Code and Business Corporations Act introduced a modified model of management and operation of corporate groups.Czech RepublicCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleSummary Regarding The Introduction Of The Ultimate Beneficial Owners RegistryJuly 2021 – After a long preparation, Hungary has introduced the ultimate beneficial owner's registry ("UBO Registry"), in line with the 4th anti-money laundering directive of the EU, by Act XLIII of...Czech RepublicGovernment, Public SectorKinstellar
ArticleAvaddon Ransomware – Extortion SoftwareRansomware is extortion software aimed at profiting from the ransom paid by the victim. But why should a ransomware victim pay, and what happens if they don't?...Czech RepublicTechnologyBDO