Liability of the members of statutory bodies after 1 January 2014

With new legislation effective from 1 January 2014, especially Act No. 89/2012 Coll., the Civil Code (hereinafter “NCC”) and Act No. 90/2012 Coll., on business corporations (hereinafter “ABC”), there have been many changes in the Czech legal environment and it will undoubtedly take some time for the addressees of these standards to adapt to these…

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Constitutional Court ruling on defence in cases of an abuse of the institute of bill endorsement

Legal practice in the CzechRepublic has long faced a serious problem based on the provisions of Section 17 of the Act on Bills of Exchange and Cheques, which states: “Persons sued on the basis of a bill of exchange cannot argue their case in relation to the bill holder based on their relationship to the…

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New obligations for entrepreneurs selling goods on the internet

The European Parliament adopted Directive 2011/83/EU, on consumer rights (hereinafter the “Directive”) on 25 October 2011. This Directive reinforces the rights of consumers, especially in relation to their right to information from entrepreneurs and the right to withdraw from a contract. These enhanced consumer rights give rise to new obligations for entrepreneurs (businesses). The deadline…

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Amendments to the Labour Code adopted in relation to the New Civil Code

The New Civil Code, i.e. Act No. 89/2012 Coll., the Civil Code (hereinafter “NCC”) came into effect on 1 January 2014. The NCC has had a major impact on the entire sphere of private law, not excluding labour law, which is largely regulated by Act No. 262/2006 Coll., the Labour Code (hereinafter “LC”). In the…

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