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High Time for Compulsory Amendment of Memoranda of Association to Comply with the Act on Business Corporations

Act No. 90/2012 Coll., on business corporations (hereinafter “ABC”) has been in effect for some time. The final provisions of...

Risks of Loan Repayments Denominated in a Foreign Currency

In its ruling of 30 April 2014 in Case C-26/13, the Court of Justice of the European Union addressed the...

New legislation on non-contentious court proceeding

In connection with the recodification of substantive civil law, in particular by Act No. 89/2012 Coll., the New Civil Code...

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...

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...

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...

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...

Family business

The New Civil Code (Act No. 89/2012 Coll., hereinafter “NCC”) entered into force on 1 January 2014. The NCC introduces...

European small claims procedure

Although largely unknown, the "European small claims procedure" (hereinafter the "Procedure") has existed in the EU for some time. The...

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