Kategorie: Business Law
Non-performance of contract as a possible consequence of the coronavirus epidemic (COVID-19)
The ongoing coronavirus epidemic (COVID-19) and the related restrictive measures issued by public authorities are currently causing situations when a contractual party unintentionally happen to be in default with fulfilment of its contractual obligations and becomes subject to legal sanctions. In the following article, we will briefly present how to deal with such situations. In …
Read moreImpact of coronavirus (COVID-19) spread on employers
The media is currently full of reports regarding the spread of so-called coronavirus (more precisely COVID-19) around the world. The virus is now also present on the European continent, and the prognosis suggests further spread. The aim of this article is not to spread panic but rather to provide basic insight into the issue of …
Read morePer rollam decision-making in the Amendment to the Business Corporations Act
In the Collection of Laws was on 13 February 2020 published the first major amendment to Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (Business Corporations Act), as amended (hereinafter “BCA”), which will (predominantly) come into effect on 1 January 2021. The amendment, inter alia, substantially changes the adoption of any general meeting’s decisions …
Read moreWhat changes will the Amendment to Business Corporations Act brings?
The first major amendment to Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (Business Corporations Act), as amended (the “Amendment”), of which we informed you already last year, was on 29 January 2020 signed by the President of the Czech Republic and will be published in the Collection of Laws in the coming days. …
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