Legal Instrument The number of companies facing financial difficulties, or even collapse, has been steadily growing over the last 12 months.

As the COVID-19 pandemic keeps reshaping the M&A environment across Europe with only deals at the late stage proceeding further...

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The case law sets very high requirements for insolvency filings made by creditors.

The Supreme Court of the Czech Republic dealt with a case in which the plaintiff registered its receivable secured by a pledge over the trade receivables of the insolvency debtor in the insolvency proceedings against the debtor.

From 1 January 2014, a new civil and commercial code entered into force imposing stringent obligations on statutory bodies of corporations.

After a delay of more than a year, an act on preventive restructuring (the "Act") implementing the EU directive on preventive restructuring frameworks finally became effective in the Czech Republic on 23 September 2023.

The Chamber of Deputies of the Parliament of the Czech Republic, in response to the economic impact of the current crisis resulting from the government measures related to the COVID-19 epidemic...

2 April 2020 – The Ministry of Justice, in response to the economic impact of the current crisis resulting from the government measures related to the COVID-19 epidemic

The Chamber of Deputies of the Parliament of the Czech Republic, in response to the economic impact of the current crisis resulting from the government measures related to the COVID-19 epidemic...