Kategorie: Business Law
Czech Supreme Court’s new decision brings fundamental news in corporate law
Recently, the Czech Supreme Court has issued a groundbreaking decision file no. 27 Cdo 3885/2017 of 27 March 2019[1], in which it provides a legal analysis of fundamental and frequently discussed topics in the corporate law. You will find below a summary of important information and further description of opinions made by the Supreme Court in the …
Read moreBusiness corporations act amendment
The extensive amendment of the Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (Business Corporations Act) (“Business Corporations Act“), is now in the legislative process. The amendment of Business Corporations Act reflects primarily legal opinions of professional public. The most fundamental changes are in particular changes regarding: the conception of monistic system of internal …
Read moreEmployee participation in the supervisory boards of joint stock companies is back
On the basis of amendment No. 458/2016 Coll., which amends Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (Business Corporations Act) (the “Business Corporations Act“), which entered into force on 14 January 2017, the compulsory participation of employees in supervisory boards of joint-stock companies with more than 500 employees in the permanent (full-time) employment …
Read moreDeadline for registration into register of beneficial owners is coming
The deadline in which all legal entities registered in the Commercial Register have to their beneficial owners in so called register of beneficial owners will expire in less than one month. Is your company ready to fulfil this obligation? The amendment to the Act on Selected Measures against Legitimization of Proceeds of Crime and Financing …
Read more