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Czech Republic - An amendment to the Insolvency Act seeks to avoid vexatious insolvency petitions - however, the price may be too high

Czech Republic - August 10 2017 One very serious problem associated with insolvency proceedings in the Czech Republic is submitting 'vexatious' insolvency petitions. In general…

Petr Chytil.

Czech Republic - Substantial changes concerning voting right rules

Czech Republic - August 10 2017 The Insolvency Act has significantly strengthened the position of creditors in comparison with the former Bankruptcy and Composition Act. Nevertheless…

Petr Chytil.