Kategorie: Corporations
Disqualification of a director from office in the light of an amendment to the Commercial Companies and Cooperative
This article follows up on a series of articles by our office dealing with the first extensive amendment to Act No. 90/2012 Sb., on Commercial Companies and Cooperatives (the Business Corporations Act), as amended (hereinafter „BCA”), most of which will be effective from 1 January 2021. Although it may not seem so at first sight, …
Read moreFurther development of planned changes to the records of beneficial owners
In our article on the legal regulation of the Register of Beneficial Owners and their planned changes, we informed you about the forthcoming bill of the Registration of Beneficial Owners Act. The aforementioned bill and the related amending legislation, the Public Legal Registers Act and the AML Act, have since undergone further developments within the legislative process. The current state – in general The Register of Beneficial Owners was introduced into the Czech legal system in 2017 …
Read moreSuccessful sale of the industrial real estate park
PEYTON legal represented a major client in the successful sale of the industrial real estate park. The value of the transaction ranged in the upper tens of millions of CZK. Our law firm provided the seller with a complete legal service including transactional advice, review and negotiation of contractual documentation and addressing all legal issues …
Read moreChanges related to the distribution of profit and other own resources and the advance on the share of profit according to the amendment to the BCA
In the following article, which is the next in a series in which our law firm focuses in more detail on the changes that will bring the first extensive amendment to Act No. 90/2012 Coll., On business companies and cooperatives (Business Corporations Act), as amended (hereinafter referred to as “BCA”), the majority of which will …
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