Kategorie: News
Changes in divorce procedure: simplification and new institutes
In the autumn of 2023, the Ministry of Justice introduced a long-awaited amendment to Act No. 89/2012 Coll., the Civil Code (hereinafter the “CC“), together with amendments to other, mainly procedural regulations. This forthcoming amendment (hereinafter the “Amendment“) aims to speed up, streamline, and make cheaper the so-called uncontested divorce procedure. The Amendment has already …
Read moreReservation of machine ownership – generally and practically
The reservation of separate ownership of machinery and other equipment is one of the lesser-known institutes of the Civil Code[1] (hereinafter referred to as “CC”). This legal instrument breaks the so-called superficies principle, which states that buildings and everything that is firmly connected to the land, such as objects embedded in the ground or attached …
Read moreSuccessful transaction – Acquisition of DB TRUST
DEAL DONE – DB TRUST PEYTON legal represented our client SPL from SAFICHEM GROUP in the acquisition of DB TRUST. DB TRUST operates in the energy sector and owns and operates a photovoltaic power plant in the village of Poustka near Františkovy Lázně. PEYTON legal provided the buyer with full legal services and services consisting …
Read moreAmendments to the Civil Procedure Code: reduction of costs of proceedings and the extension of the institution of the fiction of delivery
Without much publicity, with effect from 1 July 2024, Act No. 99/1963 Coll., the Civil Procedure Code i.e. the legal regulation governing civil court proceedings, has been amended, inter alia, in provisions that do not directly concern the concurrently adopted Act No. 179/2024 Coll., on Civil Collective Proceedings. The amendments made by Act No 180/2024 …
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