In practice, questions often arise about what happens when they breach this duty of care and whether their liability can be limited.

On 1 May 2004 the Czech Republic becomes together with nine other accessing countries a member of the European Union. On the same day the new Council Regulation of the European Union No.1/2003 on the implementation of the rules of competition laid down in Articles 81 and 82 of the Treaty shall become effective.

Two contradictory principles are applied when acquiring ownership rights to real estate recorded in the Land Register.

In addition the Guide offers a brief historical, geographical and political overview of the country.

At the end of September, the Czech Office for the Protection of Competition ("Office") concluded proceedings against Z - Trade s.r.o. ("Z - Trade"), a luxury candle distributor who was found...

An amendment to the Czech Significant Market Power Act (the "SMP Act"), which should harmonise Czech law with the EU directive on unfair business practices (the "Directive")...

The Czech Competition Authority (the "CCA") held an annual conference on 9 and 10 November, which usually provides a good overview of both its current practice and expectations for the near future.

The Office for the Protection of Competition ("Office") recently published an annual report summarizing its significant activities in 2020 and outlining the agenda for 2021.

Is your business shot down due to government anti-epidemic measures? The first promising answers to the question of damage are provided by the anti-epidemic law.

The most striking trend is the growth and growth of private equity led M&A since the onset of the pandemic. Private equity deal volume has gained share and aggregate deal value is breaking all records...

According to the official website of the Government of Kazakhstan, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market is working...

The most important influence is to plan the process well in advance, taking into account all the necessary steps. Good tax and legal advice are essential here. The offered price, together with the statement of the board of directors and the supervisory board of the target, also play important roles.

In the last week of January, the Czech Government passed an amendment to the Insolvency Act, which was prepared by the Ministry of Justice.

A recent Czech Supreme Administrative Court decision invoked the doctrine of abuse of law disallowing the tax deductibility of interest on a shareholder loan in an acquisition transaction.