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Contract for the Provision of Digital Content
With the arrival of the Three Kings, on 6 January 2023, the highly anticipated and until then the most extensive amendment to civil law came into force, which is called the Three Kings amendment and/or the button amendment in connection with part of its content. It was published in the Collection of Laws under No. 374/2022 …
Read moreNew obligations for notification of discounts under the amendment to the Consumer Protection Act
On 6 January 2023 Act No. 374/2022 Coll., amending Act No. 634/1992 Coll., on Consumer Protection, as amended, and Act No. 89/2012 Coll., the Civil Code, as amended, entered into force. In particular, this Act transposes two EU Directives, namely Directive 2019/770 of the European Parliament and the Council and Directive 2019/2161 of the European …
Read moreRegistering the beneficial owner of a legal entity in 2023
Previous entries in the register of beneficial owners may no longer comply with the current legal regulation, as there have been several significant changes in this area with effect from 1 October 2022 due to the amendment to the Law on the Registration of Beneficial Owners. The entries in the register must be updated by …
Read moreSuccessful partial divestment – sale of engineering company VIKING CNC Prague
PEYTON legal represented the founder of Viking CNC Prague a.s. Jan Sørensen in the partial divestment his majority stake in the company to foreign investors represented. Viking CNC Prague a.s. is a design, production and manufacturing company specializing in CNC grinding solutions, focusing on production optimization, automation and mechanical design with over 30 years’ experience …
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