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Ground-Breaking Decision by the European Court of Justice on Copying from Illegal Sources

The European Court of Justice (“ECJ”) handed down an important decision in the case of ACI Adam C-452/12, which provides...

Compensation for Damage under the NCC

Act No. 89/2012 Coll., the Civil Code (hereinafter “NCC”), which has been in effect since the beginning of the year,...

Supreme Court CZ: Simpler Procedure for the Sale of Real Estate Property from a Corporation’s Registered Capital

Capital business corporations, i.e. limited liability companies, joint stock companies and limited partnerships must create mandatory registered capital on incorporation.v...

Financing of Consumer Loan Debts´ Recovery more difficult in Reimbursement for the Costs of Proceedings in Disputes up to CZK 50,000

The court’s ruling on the reimbursement of court costs is an important part of a judicial decision. Thanks to the...

Problems of joint stock companies with registered capital

In connection with the effect of Act No. 90/2012 Coll., on business corporations (hereinafter "ABC"), a controversial issue has arisen for...

European commission action plan to increase the protection of intellectual property Rights

The infringement of intellectual property rights is a growing problem affecting not only entrepreneurs in the EU. While 27,000 cases of...

Tighter regulation of credit unions

An amendment of the Act on Credit Unions has been approved and introduces several significant changes. Proposed changes to this...

Common sense application when interpreting bills of exchange

A bill of exchange is a security that represents a certain claim of its owner against the issuer. A bill...

Place of Payment Outside the Creditor’s Disposition – Risk of Unjust Enrichment

In case no. 28 2457/2013, the Supreme Court finally ruled in the infamous case of the Zlín attorney, who embezzled...

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