Archive for November 2014
Ground-Breaking Decision by the European Court of Justice on Copying from Illegal Sources
The European Court of Justice (“ECJ”) handed down an important decision in the case of ACI Adam C-452/12, which provides a unifying interpretation of the question of the (un)lawfulness of reproductions for private use when made from illegal sources. 1. Facts of the dispute The basis for the decision was a dispute between companies importing…
Read MoreCompensation for Damage under the NCC
Act No. 89/2012 Coll., the Civil Code (hereinafter “NCC”), which has been in effect since the beginning of the year, has completely changed the established Czech legal environment. One legal institute that the NCC has changed substantially is the institute of compensation for damage. It is therefore appropriate to familiarise you with some of the…
Read MoreSupreme Court CZ: Simpler Procedure for the Sale of Real Estate Property from a Corporation’s Registered Capital
Capital business corporations, i.e. limited liability companies, joint stock companies and limited partnerships must create mandatory registered capital on incorporation.v Common practice when setting up business corporations or increasing the registered capital of these corporations is to make a non-financial contribution to the corporation’s registered capital, usually in the form of real estate property. The…
Read MoreFinancing of Consumer Loan Debts´ Recovery more difficult in Reimbursement for the Costs of Proceedings in Disputes up to CZK 50,000
The court’s ruling on the reimbursement of court costs is an important part of a judicial decision. Thanks to the institute of reimbursement for the costs of proceedings, the successful litigant receives compensation for their court fee, cash expenses and even their attorney’s fee. The costs of legal representation by an attorney may represent a…
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