Kategorie: Compliance
Are tips the white elephant?
We often deal with questions from clients doing business in hospitality, services or retail regarding so called tips. You would look in vain in the Czech legal order for specific legislation of tips. It is an institute that is not explicitly regulated by any Czech legislation. In this article, we would like to outline the …
Read moreDue diligence: What to check before buying a company
The term “due diligence” is an established term within M&A (transactional) advisory that refers to the legal, economic, financial or technical review of a company that is subject to a transaction (often referred to as a target). The specifics of each transaction require an accurate, thorough and tailor-made due diligence, which increases the pressure on …
Read moreThe protection of whistleblowers in the Czech Republic?
On 18 February 2019, the Ministry of Justice of the Czech Republic submitted a proposal of a new law – an Act on Protection of Whistleblowers[i] to the Czech Government. The legislator has been repeatedly dealing with the issue of the whistleblowing (i.e. reporting or disclosing information on a wrongdoing obtained in a work-related context), …
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