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Results:1-10 of 111

Czech Republic - Amended debt-relief legislation brings numerous limitations not only to creditors
  • HAVEL & PARTNERS
  • 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


Czech Republic introduces new solvency test
  • Squire Patton Boggs
  • Czech Republic
  • July 13 2017

On 1 July 2017 a new amendment to the Czech Insolvency Act came into force. One of the most significant changes introduced by the amendment relates


Frivolous insolvency petitions
  • Badokh Kuhn Dostál Advokátní Kancelář
  • Czech Republic
  • June 17 2016

Under Czech law, insolvency petitions (regardless of whether they are filed by a creditor or debtor) and all other insolvency documents must be


Cross Border Restructuring and Insolvency Update - May 2016
  • Ashfords LLP
  • Czech Republic, Global, Hungary, India
  • May 31 2016

The Czech government have approved a change to the Czech Insolvency Act to switch the focus away from profit, to following the stated aims of the


Security with an expiration date - a recent decision on set-off in Austrian insolvency proceedings and highlights on set-off in insolvency proceedings in other CEE countries
  • Schoenherr
  • Poland, Austria, Serbia, Slovakia, Slovenia, Croatia, Czech Republic, Hungary
  • April 4 2016

The right to set-off claims and obligations in insolvency proceedings is an important tool for creditors in order to protect themselves against the


Recent Czech Supreme Court decisions: twilight of secured creditors?
  • Dentons
  • Czech Republic
  • September 18 2015

The Czech Supreme Court recently issued two decisions having significant impact on the position of secured creditors (i.e. generally financial


Frivolous petitions cannot be completely eliminated
  • Weil Gotshal & Manges LLP
  • Czech Republic
  • March 13 2015

Since the early Nineties, Czech insolvency legislation has undergone a number of positive changes. Creditor position improved, including that of


On performance of a financial via another creditor account at another bank
  • Weinhold Legal
  • Czech Republic
  • April 30 2013

(Czech Supreme Court Ruling No. 31 Cdo 30652009 dated 16 January 2013) A company transferred title to shares to secure a financial obligation to the


On guarantee provided for a credit agreement by a consumer
  • DLA Piper
  • Czech Republic
  • 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


Decision of the Supreme Court No. 29 NSCR 392011, 31 August 2011, regarding a creditors registered claim against a debtor into the insolvency proceedings of spouses
  • DLA Piper
  • Czech Republic
  • February 22 2013

A Creditor registered his claim into insolvency proceedings against the debtor within 30 days of the publication of the resolution on the debtor's