Kategorie: Corporations
The Limits of a Shareholder’s Duty of Loyalty and the General Duty of Care in the Context of a Shareholder Lawsuit
A shareholder lawsuit under Section 157 of the Business Corporations Act (hereinafter the “ZOK”) is one of the tools for protecting a company against inaction or abuse of power by its statutory body.[1] It entitles a shareholder to file a lawsuit on behalf of the company seeking compensation for damages or, as the case may be, the …
Read moreShareholder’s counterproposal at general meetings of limited liability companies in current Supreme Court case law
Act No. 90/2012 Coll., on Commercial Companies and Co-operatives (the Act on Commercial Corporations), as amended (hereinafter referred to as the “ZOK”), regulates in considerable detail the convening and conduct of general meetings of limited liability companies. Among other things, it stipulates that the notice convening the general meeting must include a draft resolution on …
Read moreAmendment to the Capital Market Undertakings Act – What Will the Listing Act Package Bring?
On 14 July 2026, the Chamber of Deputies discussed, in its first reading, the government bill amending Act No. 256/2004 Coll., on Business Activities on the Capital Market (the “CMUA”)[1], introduced as Parliamentary Print No. 143. The bill represents one of the most extensive revisions of capital market regulation in recent years – alongside the …
Read moreNew European legal form EU Inc.
On 18 March 2026, the European Commission published a proposal for a new uniform framework for companies called “EU Inc.”, which serves as the cornerstone and starting point of the so-called 28th EU regime (hereinafter the “Proposal”)[1]. The Proposal introduces a new harmonized corporate form of a limited liability company called “EU Inc.”, which is …
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