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13. 06. 2022

Advance on shareholder’s and member’s profit share

In its recent decision,[1] the Supreme Court of the Czech Republic has considered the nature of advances on profit share paid by a joint-stock company to its shareholders. This decision is interesting in that it clearly defines the nature of the advance on profit share and further determines which corporate body should decide on it. …

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07. 06. 2022

Planned changes to consumer legislation in the Czech Republic

Consumer protection legislation in the Czech Republic is likely to see further significant changes in the near future. A government bill amending Act No. 634/1992 Coll., on Consumer Protection, as amended, and Act No. 89/2012 Coll., the Civil Code, as amended, has been submitted to the Chamber of Deputies of the Parliament of the Czech …

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03. 06. 2022

Partnership to achieve the goals – Sustainable goals in PEYTON legal

PEYTON legal will once again participate in the SDGs Beach Volleyball Cup organized by the Social Responsibility Association. Beyond the performance aspect, the tournament promotes the idea of sustainable goals (SDGs). What do we mean by SDGs? The Sustainable Development Goals (SDGs) are a set of 17 goals introduced by the United Nations in 2015 …

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27. 05. 2022

Dual Quality of Food

On 27 April 2021, the Czech Act No. 174/2021 Coll. was published in the Collection of Laws, which, among other things, amended the Czech Act No. 110/1997 Coll., on Food and Tobacco Products and on amendments to Certain Related Acts, as amended (the “Food and Tobacco Products Act”). In general In addition to other changes, …

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