Kategorie: Business Law
Successful acquisition of the company DRUID CZ s.r.o.
PEYTON legal represented the Vendeavour, a.s. group in a successful acquisition of the company DRUID CZ s.r.o., a major producer and distributor of quality food and healthy nutrition products. Its product portfolio includes also unique rolled pastries well-known on the market under the brands “Grandmother’s noodles” (Babiččiny nudle) or “Grandmother’s pastries” (Babiččiny těstoviny). Our law …
Read moreThe new program for entrepreneurs – COVID – Gastro
The situation regarding the pandemic of COVID-19 has not improved with the arrival of the new year. The Czech Ministry of Industry and Trade introduced a new program COVID – Gastro compensating entrepreneurs who were obliged to close or otherwise have restricted their establishments due to valid measures of the Czech Government or the Czech …
Read moreNew rules for the distribution and payment of share of profit of business corporations
One of the fundamental rights of a shareholder in a capital company is the right to participate in its profits. For this right to be exercised, several necessary conditions must be met, i.e., in particular the decision of the general meeting of the company on the distribution of profits and the adoption of the decision …
Read moreConditional effectiveness of the executive service agreement and other changes after the amendment to the Business Corporations Act
This article is a continuation of series of contributions from our law firm dealing with the first amendment to the Act No. 90/2012 Coll., on Business Companies and Cooperatives (the Business Corporations Act), as amended (hereinafter the “Business Corporations Act”), most of which shall take effect as of 1 January 2021. In the following article, …
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