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SAFE - what it is and how it works

Apr 24, 2023

SAFE, or Simple Agreement for Future Equity, is a financial instrument used to invest in start-ups. Unlike traditional investment agreements such as a conversion loan agreement (C…

Deutschsprachige Anwälte: ARROWS Law Firm, Ihre vertrauenswürdige Wahl in der Tschechischen Republik

Apr 24, 2023

ARROWS Law Office bietet deutschsprachige Rechtsberatung für Unternehmen aus Deutschland, Österreich und der Schweiz. Wir sprechen Deutsch und haben Mandanten aus der DACH-Region.…

The right of a subsidiary association to withdraw from the main association

Apr 11, 2023

With the entry into force of Act No. 89/2012 Coll., the Civil Code (hereinafter referred to as the "Civil Code"), transitional provisions (specifically Section 3045(2) of the Civi…

What is a skonto and why (not) include it in contracts?

Apr 4, 2023

Skonto can be used as a certain motivational tool to improve the payment morale of customers and to pay invoices faster. In most cases, a Skonto is granted if an invoice is paid w…

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Obligation to have a blood test at a roadside check

Mar 30, 2023

The introductory provisions of Act No. 361/2000 Coll., the Act on Road Traffic and on Amendments to Certain Acts (hereinafter referred to as the "Road Traffic Act"), impose a larg…

EXPLOR CAPITAL IN INSOLVENCY - ASSISTANCE TO BONDHOLDERS IN RECOVERY

Mar 28, 2023

On 24 March 2023, the deadline for the owners of ExploR Capital a.s. bonds to file their claims in the insolvency proceedings began to run. ExploR Capital a.s. has been declared b…

WHAT IT IS CONVERTIBLE LOAN AGREEMENT

Mar 28, 2023

The essence of a CLA is a commitment by the investor to provide a loan to the start-up, whereby the investor can acquire a stake in the company in lieu of repayment. It is thus a…

Have you violated the prohibition of competition from the position of a managing director or partner in an LLC?

Mar 23, 2023

A fundamental change compared to the previous ZOK legislation is the possibility of non-compete:

IS IT POSSIBLE TO NEGOTIATE THE HANDOVER OF THE WORK IN THE CONTRACT BY MEANS OF A LEGAL FICTION?

Mar 15, 2023

In order to facilitate the handover of the work and to ensure that these described consequences of handover occur as soon as possible and in a manner that is easier to prove, work…