Articles & News
What is a non-compete clause in commercial law and why is it important
Feb 3, 2023
A non-compete clause in commercial relationships protects a business against a former partner using acquired contacts, information or know-how to compete after cooperation ends. T…
Protection against inactivity, or what to do when the building authority fails to decide within the statutory time limit
Jan 31, 2023
If a Czech building authority fails to decide within the statutory deadline, the applicant does not have to wait indefinitely and may seek protection against administrative inacti…
How to pledge an interest in a business corporation
Jan 30, 2023
A share in a Czech company can secure a loan or other debt if it is transferable and the pledge complies with the constitutional documents and statutory rules. For a limited liabi…
The Class Actions Act and its current status
Jan 18, 2023
Collective actions have been available in the Czech Republic since July 2024 and allow similar claims by consumers and certain small businesses against one trader to be handled to…
Settlement of matrimonial property or what are the consequences of divorce for entrepreneurs?
Jan 15, 2023
A business owner’s divorce can significantly affect company value, shareholdings and assets invested in the business when joint marital property is settled. The key questions are…
Framework Agreements and the New Civil Code
Jan 1, 2023
A framework agreement sets rules for future individual transactions but generally does not itself create specific claims and obligations between the parties. Its terms are incorpo…
Unpaid Leave: A Risk for Employers?
Dec 14, 2022
As it happens in the law, judicial decision-making practice can, at the snap of a finger, relegate relatively well-functioning and safe employment law institutions to the category…
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New Limits for Minimum Temperatures in the Workplace
Dec 13, 2022
For any foreign business operating in the Czech Republic, understanding the specific rules governing the work environment is fundamental. The primary legislation that defines your…
What is the legal status of bondholders and promissory note holders in insolvency proceedings?
Nov 25, 2022
Have you invested in corporate bonds or do you hold a promissory note, and the company has gone into insolvency? Many creditors mistakenly believe they automatically have a secure…