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How to remedy unauthorized executive’s sole legal acts
In practice, it sometimes happens that a company is represented by only one member of its executive body (hereinafter the “executive”), although, according to the entry in the Commercial Register, joint representation by two or more executives is required. What a company should do if an executive has violated the “four eyes” principle, which is …
Read moreNew attorney Martin Pospíchal
We hereby officially, and with offical photos, introduce Martin Pospíchal, who has been working in PEYTON legal since October as an attorney. Martin has been working in advocacy for more than 10 years and he focuses primarily on contractual agenda, real estate law and comprehensive legal advice to businesses, including dispute resolution. In the past, …
Read moreUpcoming amendment to the Czech Act on Significant Market Power
Following the adoption of the Directive 2019/633 of the European Parliament and of the Council on unfair trading practices in business-to-business relationships in the agricultural and food supply chain (the “Directive”), a draft law amending the Czech Act No. 395/2009 Coll., on significant market power in the sale of agricultural and food products and its …
Read moreTransformation of the Czech medical devices laws
With regard to the adoption and forthcoming application of Regulation (EU) 2017/745 of the European Parliament and of the Council on medical devices (“MDR”) and Regulation (EU) 2017/746 of the European Parliament and of the Council on diagnostic medical devices in vitro (“IVDR”), the Czech legislation in the field of medical devices is likely to …
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