Archive for March 2015

A survey conducted in 2010 found that up to 40% of companies were willing to expand to more foreign markets, if the resolution of cross-border disputes was simpler and less of an administrative burden. In conjunction with this survey, the EU decided on an amendment of community law governing the enforcement of judgements abroad.  This…

Capital companies, i.e. limited liability and joint stock companies, are established by a Memorandum of Association, which must take the form of a notarial deed according to Section 8 of Act No. 90/2012 Coll., on business corporations (hereinafter “ABC”). However, having all founders attend a notary at the same time can be administratively demanding and…

Act No. 40/2015 Coll., which amends Act No. 137/2006, on public procurement (hereinafter “PPA”) came into effect on 6 March 2015. Among the main changes brought by the amendment is a repeal of the obligation to cancel a tender if only one bid is received or one bid remains, and the ability to continue the award…

Section 6 of the Civil Code, Act No. 40/1964 Coll., stated that an owner had the right to protect its ownership rights by self-help, as follows: “Should there be an immediate threat of the unlawful infringement of a right, the threatened party may avert the infringement itself, in an adequate manner.” The New Civil Code…