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On guarantee provided for a credit agreement by a consumer
- Haskovcova & Co
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- Czech Republic
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- March 1 2013
Decision of the Supreme Court No. 32 Cdo 33372010, 24 July 2012 - is a consumer protected under the provision of the Czech Civil Code on limitation
The issues 2013: upcoming legal topics in the Czech Republic
- CMS Cameron McKenna
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- Czech Republic
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- February 1 2013
The adoption of the new Civil Code and the Act on Corporations, effective as of 1 January 2014, is a step of great importance for the Czech law. There
Approval from the supervisory board prior to entering into the agreement
- CMS Cameron McKenna
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- Czech Republic
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- June 26 2012
On 11 April 2012 the Supreme Court of the Czech Republic (the “Supreme Court”) issued a decision which has shed some light on section 193 subsection 2 of the Czech Commercial Code (Act no. 5131991 Coll., as amended) (the “Commercial Code“
Can the head of the branch of an enterprise grant power of attorney to a third person?
- CMS Cameron McKenna
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- Czech Republic
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- March 14 2012
Foreign business entities in the Czech Republic often prefer doing business through a branch (in Czech “organizační složka”) as opposed to establishing a company
Limitation of damages explicitly possible since 1 January 2012
- Schoenherr
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- Czech Republic
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- February 13 2012
After years of uncertainty, in 2011 the Czech Republic finally passed an amendment to the Commercial Code explicitly allowing for the limitation of damages in agreements under Commercial Code between entrepreneurs and companies
Acting on behalf of a company
- CMS Cameron McKenna
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- Czech Republic
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- October 24 2011
The Supreme Court has recently confirmed existing case law with respect to those who are entitled to act on behalf of a company
Greater protection for property buyers
- CMS Cameron McKenna
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- Czech Republic
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- September 29 2011
Good faith buyers of real estate are protected from invalid transfers between previous owners and as such will retain their ownership rights, according to a recent decision by the Constitutional Court
A surprising decision to prohibit profit distribution based on audited financial statements older than six months
- Schoenherr
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- Czech Republic
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- March 7 2011
An apparently straightforward situation has ended in a conclusion that has disturbed the Czech legal practice
No sick pay for executive directors
- CMS Cameron McKenna
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- Czech Republic
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- February 17 2011
Executive directors are not entitled to sick pay under the state insurance system, according to the Supreme Administrative Court
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