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Successful transaction – sale of the agricultural company ZEOS-L
PEYTON legal represented the previous owners in the sale of a majority stake in the company ZEOS-L, s.r.o. to the Czech financial group GES GROUP. ZEOS-L is an agricultural company operating both plant and animal based production, which has been active on the market for almost 30 years. PEYTON legal provided complete legal service to …
Read moreInfluencer marketing and its legal limits
Together with the ever-increasing influence of social media, which is no longer just a means of communication but also a tool for advertising and promoting products and services, the use of influencer marketing as a very common form of disseminating business messages goes hand in hand. Although at first sight it might appear that the …
Read moreOvertime work and the possibility of deferring the maturity of overtime wages
Overtime work is one of the institutes of labour law, the exercise of which is permitted by the Czech Labour Code only in exceptional cases, and it is therefore associated with a number of legal consequences that may arise if the legal rules are not followed correctly. Such rules include, in particular, the determination of …
Read moreRegistration of beneficial owners in a new format: redefinition of the concept of beneficial owner and other changes
On 1 October 2022, Act No. 245/2022 Coll.[1] (hereinafter as the “Amendment”), which is a substantial amendment to Act No. 37/2021 Coll., on the Register of Beneficial Owners, as amended (hereinafter as the “BO Act”), will enter into force. Generally The Amendment significantly changes the existing rules for registering the beneficial owner of legal entities …
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