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Newsletter November 18, 2020

The major amendment to the Labor Code will bring further changes with the coming year

Another part of the amendment to the Labor Code will enter into force on 1st of January 2021. The first...

Contractual penalty linked to withdrawal from contract

Recently, two fundamental decisions of the Supreme Court of the Czech Republic have been issued, which fundamentally change the approach...

You can’t just unilaterally reconsider a stipulation made in the settlement agreement

In a recent decision, the Supreme Court of the Czech Republic clarified and supplemented the case law on the validity...

Significant changes to the Business Corporations Act effective since January

An amendment to the Business Corporations Act will enter into force on January 1st 2021, bringing several significant changes. However,...

Does the Supervisory Board need a request from a shareholder to sue a member of the statutory body?

The decision-making practice of the courts based on the repealed Commercial Code can still be applied to current legislation governing...

Can unsatisfactory economic performance be used as grounds for terminating a fixed-term lease?

With effect from 1 January 2014, the Civil Code introduced the possibility to terminate the fixed-term lease of an apartment...

Have you been defamed in the public domain? Defend yourself!

Social networks are a huge phenomenon in today’s society, but they present many new risks. One of these risks is...

Unaware your employee is in bankruptcy? It could be very expensive.

In its decision-making practice, the Supreme Court concluded that the employer should be aware of a decision declaring bankruptcy against...

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