Archive for July 2013

The Chamber of Deputies approved a government bill on the land register (Cadastral Act) on 17 May 2013, which, if approved by the Senate and signed by the President, should come into effect on 1 January 2014. In conjunction with the New Civil Code, the new Cadastral Act brings significant changes in relation to the…

Each year, the European Commission assesses project proposals under the eco-innovation initiative. It then selects the best projects, which it provides with grants for their realisation covering up to 50% of project costs. Grants totalling almost EUR 220 million have been provided to more than 180 projects to date and another almost 50 projects will…

The New Civil Code introduces a large number of changes into the Czech legal environment. One of the most significant of these is the introduction of a previously unknown institution in Czech law – the trust fund. A trust fund is a standard institution in Anglo-Saxon common law, where it is known as a trust,…

General business terms and conditions (hereinafter “GBTC”) are a standard part of business contracts that supplements the content of these contracts. In practice, situations may arise in which GBTC are changed by their author, often unilaterally. As a result, in its judgement of 27 February 2013, ref. no. 23 Cdo 1098/2012, the Supreme Court defined…