Kategorie: Business Law
Current interpretation of selected aspects of frustration of the performance of a work
Section 2613 of Act No. 89/2012 Coll., the Civil Code, as amended (hereinafter as the “CC“), deals with the frustration of the performance of the work, stating that “if the client frustrates the performance of the work for which the client bears liability, the contractor is entitled to the price for the work decreased by …
Read morePre-contractual liability and damages for breach of contract
The concept of pre-contractual liability is still associated with a number of issues, despite its legislative anchoring in the Civil Code, the resolution of which is left to the decision-making practice of the courts. One of these aspects that has not yet been resolved – namely, whether the entitled party is entitled to compensation for …
Read moreSuccessful Transaction – Acquisition of MEDIA MIX s.r.o.
DEAL DONE – MEDIA MIX PEYTON legal represented the investment fund ADAX in the acquisition of MEDIA MIX s.r.o., a major manufacturer of polyurethane fillers and shaped products for various industries (rail transport, automotive, construction and others). ADAX fond firemního nástupnictví is a fund of qualified investors that focuses on investments in promising Czech and Slovak companies. With this …
Read moreSuccessful Transaction – Acquisition of Retail Park Lanškroun s.r.o.
DEAL DONE – RETAIL PARK LANŠKROUN For a second time this year, PEYTON legal represented the SPILBERK investment fund, this time in relation to the acquisition of Retail Park Lanškroun s.r.o. The company owns and runs a retail park in Lanškroun, whose tenants include major Czech retail companies. SPILBERK Investment Fund SICAV is a Czech …
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