Kategorie: News
Amendment to the Employment Act: Changes to the definition of illegal work and conditions of agency employment and more
On 1 December 2023, without much fuss, a government amendment to several laws was approved – in particular the Employment Act, as well as the Labour Code, the Act on the Protection of Employees in the Event of Employer Insolvency and the Labour Inspection Act, most of which will bring many changes in the area of …
Read moreSuccessful transaction – sale of the food company GASTRO – MENU EXPRESS a.s.
PEYTON legal represented the previous owner, the Vendeavour holding, in the process of sale of the Czech food company GASTRO – MENU EXPRESS a.s. to the ORIENS group. GASTRO-MENU EXPRESS is a company operating for more than 25 years on the Czech market in the production, wholesale and retail sale of food products with focus on the deli segment: salads, spreads, fish delicacies …
Read moreAmendment to the Labour Code: Electronic conclusion of contracts and agreements
On 1 October 2023, an amendment to the Labour Code came into force, which brought many significant changes to employment relations. An overview of the amended areas of labour law can be found in our two-part series of articles here and here. As promised, we have now prepared a follow-up series of articles that will …
Read morePreventive Restructuring Act: a new framework for companies in financial difficulties
In today’s globalised world, businesses often face challenges that can lead to temporary financial difficulties. To support the resolution of such problems, Act No. 284/2023 Coll., on Preventive Restructuring, was adopted with effect from 23 September 2023. It’s aim is to transpose Directive (EU) 2019/1023[1] on restructuring and insolvency (the “Directive”) into Czech law, which offers legal …
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