Kategorie: Corporations
Limited liability company in the light of the amendment to the Business Corporations Act
Last year, our office published a series of articles dealing with the first extensive amendment to Act No. 90/2012 Coll., On Business Companies and Cooperatives (the Business Corporations Act), as amended (hereinafter “Business Corporations Act“). Most of the amendments has been effective for several days, and from 1 January 2021, the one-year period for implementing the new …
Read moreSuccessful 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 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, …
Read more