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Articles

25. 07. 2024

Prerequisites for liability of a member of an elected body for tax defaults

On 18 June 2024, the Supreme Administrative Court issued a judgment No. 10 Asf 4/2024 – 38, in which it adopted the legal opinion that the tax administrator is entitled to independently assess and decide on the obligation of members of elected bodies of legal persons with tax arrears to pay them on the basis …

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18. 07. 2024

Amendment to the Transformations Act: what is changing?

The long-awaited amendment to the Act on Transformations of Commercial Companies and Cooperatives (hereinafter the “Transformations Act”) brings about significant changes to the legal regulation of transformations with effect from 19 July 2024. Although the amendment is primarily a reaction to an EU Directive[1], some of the changes brought by the amendment are the result …

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09. 07. 2024

Nikola Tomíčková – new junior lawyer of PEYTON legal

Since March, our team has expanded with a great and smiling colleague, Nikola Tomíčková. Nikola graduated from the Faculty of Law at Charles University. During her studies, she gained valuable knowledge and experience in Prague law firms focusing mainly on labour law and litigation. In our law firm, she devotes her time mainly to issues …

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20. 06. 2024

Directive on Corporate Sustainability Due Diligence (CS3D)

The European Parliament has approved the Directive on Corporate Sustainability Due Diligence (CSDDD) or CS3D (the “CS3D”)[1] . The CS3D sets out rules for the conduct of large corporations with respect to human rights in their operations, including production, employment and subcontracting chains. About CS3D in general CS3D obliges companies to mitigate the negative impacts …

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13. 06. 2024

AI Act – regulation of artificial intelligence (AI)

Artificial intelligence (AI) is a topic that is currently moving the world. It is no different in the Czech Republic. Thanks to rapid technological progress, changes are coming faster than the legislators can react. The proposal for a Regulation of the European Parliament and of the Council laying down harmonised rules on artificial intelligence (Artificial Intelligence Act) and …

Read more
06. 06. 2024

Whistleblowing in the context of ESG

Act No. 171/2023 Coll., on the protection of whistleblowers (the “Act“), came into force on 1 August 2023 and brought institutional protection of whistleblowers into the Czech legal system in the framework of the transposition of the EU Whistleblower Protection Directive[1]. How are whistleblowing, non-financial reporting and ESG related? Find out more in the article below. Whistleblowing and its legal …

Read more
25. 07. 2024

Prerequisites for liability of a member of an elected body for tax defaults

On 18 June 2024, the Supreme Administrative Court issued a judgment No. 10 Asf 4/2024 – 38, in which it adopted the legal opinion that the tax administrator is entitled to independently assess and decide on the obligation of members of elected bodies of legal persons with tax arrears to pay them on the basis …

Read more
18. 07. 2024

Amendment to the Transformations Act: what is changing?

The long-awaited amendment to the Act on Transformations of Commercial Companies and Cooperatives (hereinafter the “Transformations Act”) brings about significant changes to the legal regulation of transformations with effect from 19 July 2024. Although the amendment is primarily a reaction to an EU Directive[1], some of the changes brought by the amendment are the result …

Read more
09. 07. 2024

Nikola Tomíčková – new junior lawyer of PEYTON legal

Since March, our team has expanded with a great and smiling colleague, Nikola Tomíčková. Nikola graduated from the Faculty of Law at Charles University. During her studies, she gained valuable knowledge and experience in Prague law firms focusing mainly on labour law and litigation. In our law firm, she devotes her time mainly to issues …

Read more
20. 06. 2024

Directive on Corporate Sustainability Due Diligence (CS3D)

The European Parliament has approved the Directive on Corporate Sustainability Due Diligence (CSDDD) or CS3D (the “CS3D”)[1] . The CS3D sets out rules for the conduct of large corporations with respect to human rights in their operations, including production, employment and subcontracting chains. About CS3D in general CS3D obliges companies to mitigate the negative impacts …

Read more
13. 06. 2024

AI Act – regulation of artificial intelligence (AI)

Artificial intelligence (AI) is a topic that is currently moving the world. It is no different in the Czech Republic. Thanks to rapid technological progress, changes are coming faster than the legislators can react. The proposal for a Regulation of the European Parliament and of the Council laying down harmonised rules on artificial intelligence (Artificial Intelligence Act) and …

Read more
06. 06. 2024

Whistleblowing in the context of ESG

Act No. 171/2023 Coll., on the protection of whistleblowers (the “Act“), came into force on 1 August 2023 and brought institutional protection of whistleblowers into the Czech legal system in the framework of the transposition of the EU Whistleblower Protection Directive[1]. How are whistleblowing, non-financial reporting and ESG related? Find out more in the article below. Whistleblowing and its legal …

Read more