Proposals are being debated by the Czech Parliament to allow companies to provide financial assistance for the acquisition of their own shares in certain circumstances.

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.

The four-eyes principle is an effective way for companies to control management dealings. It is based on the idea that the company must be represented by two people acting jointly, usually two members of the statutory body.

The key duty of a company's executive director is the duty of due managerial care.

To use such technical means, the conditions for voting/decision-making must allow the person voting at the general meeting and the shares to which the voting right pertains to be properly identified and authenticated.

New rules for joint stock companies have been introduced in changes to the Commercial Code.

It 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.

We have prepared a brief overview of important changes in Czech legislation and the most significant high court judicial decisions issued over the past few months that might affect your operations in the Czech Republic...

The 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.

The regulation of M&A in the Czech Republic is split in several acts. The main source of regulation is Act No. 513/1991 Coll., the Commercial Code (the " CC ").