Of interest.

Kategorie: Business Law

08. 02. 2022

What is the new draft law on preventive restructuring supposed to bring?

At the end of July 2021, the Ministry of Justice submitted for comments a draft of a completely new Act on Preventive Restructuring (the “Act“) to transpose the European Directive on Restructuring and Insolvency[1] (the “Directive“) into Czech law. Generally The comment procedure on the draft Act was closed on 27 August 2021, and it …

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29. 11. 2021

Register of beneficial owners – the deadline for registration is approaching

Further to our previous articles on the registration of beneficial owners and Act No. 37/2021 Coll, on the registration of beneficial owners (hereinafter referred to as the “Act on the registration of beneficial owners”), in particular the article New legal regulation of the registration of beneficial owners – summary of fundamental changes, which clearly informs …

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15. 10. 2021

New Rules on Personal Data Transfer outside the EU

The cross-border transfer of personal data is a phenomenon without which international business cannot perform, and is common not only in global platforms such as SaaS[1] solutions, but also in the in-house data management of multinational corporations within shared systems (CRM, HR, etc.). In general Most contracts regulating or relating to the transfer of personal …

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23. 09. 2021

Emerging insolvency from the perspective of statutory body members and restructuring in the Czech legal environment

This article is a loose follow-up to our previous article on the increased risk of liability of members of the statutory body in the event of bankruptcy of a business corporation under the new legislation effective as of 1 January 2021. The aim of this article is to provide members of the statutory body of business corporations …

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