Archive for October 2020

Another part of the amendment to the Labor Code will enter into force on 1st of January 2021. The first part of the amendment is already binding to employers and employees since 30th of July 2020. The amendment as a whole introduces important changes, especially in the area of payed leave calculation, compensation for damage…

Recently, two fundamental decisions of the Supreme Court of the Czech Republic have been issued, which fundamentally change the approach of the Supreme Court to the hitherto relatively formal conception of the issue of contractual penalties agreed upon withdrawal from the contract. This shift in case law could be very briefly characterized by the fact…

In a recent decision, the Supreme Court of the Czech Republic clarified and supplemented the case law on the validity of the settlement agreement. It is clear from the approach of the Supreme Court of the Czech Republic that its interpretation always aims to maintain the validity of the settlement agreement in order to ensure…

An amendment to the Business Corporations Act will enter into force on January 1st 2021, bringing several significant changes. However, the amendment does not bring important changes only into the future, but may also affect existing business corporations, which are obliged to adapt to the amendment. In some cases, there are even very short deadlines…