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Legal aspects of the implementation and operation of a photovoltaic power plant
The generation of electricity from renewable sources, specifically through photovoltaic power plants (the “PV power plant”), is an actual topic. As it is a rather complex issue, this article aims to present the basic legal aspects that accompany the construction and subsequent operation of a PV power plant for the production and sale of electricity. …
Read moreLiability for wage claims of subcontractors in the construction industry
At the end of last year, a law was passed without much fuss, which amended not only the Employment Act, the Act on the Protection of Employees in the Event of Employer Insolvency, the Labour Inspection Act, but also the Labour Code (the “Amendment”). The Amendment, with its effect in its majority from 1 January 2024, …
Read moreSuccessful transaction – sale of the Czech company AL0E Reality s.r.o.
DEAL DONE – ALOE REALITY S.R.O. PEYTON legal represented the existing shareholders of the Czech company Aloe reality s.r.o. in the sale of this company. Aloe reality owns a significant building in Prague, which is currently used for administrative purposes. PEYTON legal provided the sellers with a complete legal service consisting of negotiating the transaction …
Read moreObligation to distribute profits in a limited liability company?
Until now, it has been disputed whether the general meeting of a limited liability company can decide to keep all profits made in the company, even though there are no serious reasons for not distributing the profits among the shareholders. The current decision of the Supreme Court of the Czech Republic, Case No. 27 Cdo 1306/2023 of 29 …
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