Articles

12. 12. 2023

Successful transaction – sale of the food company GASTRO – MENU EXPRESS a.s.

PEYTON legal represented the previous owner, the Vendeavour holding, in the process of sale of the Czech food company GASTRO – MENU EXPRESS a.s. to the ORIENS group. GASTRO-MENU EXPRESS is a company operating for more than 25 years on the Czech market in the production, wholesale and retail sale of food products with focus on the deli segment: salads, spreads, fish delicacies …

11. 12. 2023

Amendment to the Labour Code: Electronic conclusion of contracts and agreements

On 1 October 2023, an amendment to the Labour Code came into force, which brought many significant changes to employment relations. An overview of the amended areas of labour law can be found in our two-part series of articles here and here. As promised, we have now prepared a follow-up series of articles that will …

29. 11. 2023

Preventive Restructuring Act: a new framework for companies in financial difficulties

In today’s globalised world, businesses often face challenges that can lead to temporary financial difficulties. To support the resolution of such problems, Act No. 284/2023 Coll., on Preventive Restructuring, was adopted with effect from 23 September 2023. It’s aim is to transpose Directive (EU) 2019/1023[1] on restructuring and insolvency (the “Directive”) into Czech law, which offers legal …

28. 11. 2023

Impact of the consolidation package on labour relations

In addition to the major amendment to the Labour Code, in its majority effective as of 1 October 2023, which has significantly changed the legal regulation of many areas of labour law and which we covered in our two-part series of brief overviews, which can be found at the links here and here, another autumn guidepost …