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Amendment to the Transformations Act: what is changing?
The long-awaited amendment to the Act on Transformations of Commercial Companies and Cooperatives (hereinafter the “Transformations Act”) brings about significant changes to the legal regulation of transformations with effect from 19 July 2024. Although the amendment is primarily a reaction to an EU Directive[1], some of the changes brought by the amendment are the result …
Read moreNikola Tomíčková – new junior lawyer of PEYTON legal
Since March, our team has expanded with a great and smiling colleague, Nikola Tomíčková. Nikola graduated from the Faculty of Law at Charles University. During her studies, she gained valuable knowledge and experience in Prague law firms focusing mainly on labour law and litigation. In our law firm, she devotes her time mainly to issues …
Read moreDirective on Corporate Sustainability Due Diligence (CS3D)
The European Parliament has approved the Directive on Corporate Sustainability Due Diligence (CSDDD) or CS3D (the “CS3D”)[1] . The CS3D sets out rules for the conduct of large corporations with respect to human rights in their operations, including production, employment and subcontracting chains. About CS3D in general CS3D obliges companies to mitigate the negative impacts …
Read moreAI Act – regulation of artificial intelligence (AI)
Artificial intelligence (AI) is a topic that is currently moving the world. It is no different in the Czech Republic. Thanks to rapid technological progress, changes are coming faster than the legislators can react. The proposal for a Regulation of the European Parliament and of the Council laying down harmonised rules on artificial intelligence (Artificial Intelligence Act) and …
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