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Czech Republic - Amended debt-relief legislation brings numerous limitations not only to creditors

Czech Republic - August 10 2017 Debt relief is by far the most frequent way of resolving insolvency under Czech law. According to statistics, as many as 26,482 insolvency petitions…

Lukáš Novopacký.

Creditors with secured contingent and future claims will have more certainty, but all creditors in general should be prepared for some limitation of their rights

Czech Republic - February 28 2017 On 14 February 2017 the President of the Czech Republic signed an extensive amendment to the Insolvency Act. The amendment brings significant changes…

Dušan Sedláček.