Kategorie: Business Law
Register of beneficial owners – the deadline for registration is approaching
Further to our previous articles on the registration of beneficial owners and Act No. 37/2021 Coll, on the registration of beneficial owners (hereinafter referred to as the “Act on the registration of beneficial owners”), in particular the article New legal regulation of the registration of beneficial owners – summary of fundamental changes, which clearly informs …
Read moreNew Rules on Personal Data Transfer outside the EU
The cross-border transfer of personal data is a phenomenon without which international business cannot perform, and is common not only in global platforms such as SaaS[1] solutions, but also in the in-house data management of multinational corporations within shared systems (CRM, HR, etc.). In general Most contracts regulating or relating to the transfer of personal …
Read moreEmerging insolvency from the perspective of statutory body members and restructuring in the Czech legal environment
This article is a loose follow-up to our previous article on the increased risk of liability of members of the statutory body in the event of bankruptcy of a business corporation under the new legislation effective as of 1 January 2021. The aim of this article is to provide members of the statutory body of business corporations …
Read moreCertainty of the business activity (scope of business) of a business corporation according to the current case law of the Supreme Court
On 12 May 2021, the Supreme Court of the Czech Republic issued a decision under Case No. 27 Cdo 3549/2020 (hereinafter the “decision“), which deals with the necessary certainty of the registration of the business activity (scope of business) in the Commercial Register. The common practice until the issuance of this decision was that business …
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