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New uniform regulation of contractual fines according to the New Civil Code
The contractual fine is one of the most frequently used and most effective means of legal security in contractual relationships,...
New Cadastral Act
The Chamber of Deputies approved a government bill on the land register (Cadastral Act) on 17 May 2013, which, if...
European Commission to provide EUR 31.5 million for eco-innovation
Each year, the European Commission assesses project proposals under the eco-innovation initiative. It then selects the best projects, which it...
Trust Funds
The New Civil Code introduces a large number of changes into the Czech legal environment. One of the most significant...
Unilateral change of general business terms and conditions
General business terms and conditions (hereinafter “GBTC”) are a standard part of business contracts that supplements the content of these...
Important tax changes – Unreliable payers of VAT and reduction of the tax base in the non-profit sector
Government bill no. 502/2012 Coll., which amends Act no. 235/2004 Coll., on value added tax, as subsequently amended, and other...
Major changes in security transfers of rights
The judicature to date regarding security transfers of rights has unequivocally supported the view that a security transfer of right...
Modernization of EU anti-dumping instruments
Modernization of EU anti-dumping instruments On April 10th, 2013 the European Commission submitted a proposal, no. 2013/0103 (COD), to modify...
Supreme Court of the CR: “If the creditor does not return funds to the debtor which have been delivered to a different place than agreed upon, then it accepts the change in contract.“
“Delivery to a different account of the creditor than agreed upon still constitutes due fulfillment, provided the creditor does not...
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