Legal
2 July 2018

Spouse’s consent to share transfers not just a formality

A share in a business corporation held by a spouse forms part of the community property of spouses (‘community property’), with some exceptions. Although the other spouse does not become a shareholder (they cannot attend or vote at general meetings…

Legal
5 June 2018

Another step towards a common capital market

In March 2018, the European Commission prepared a set of legislative proposals aiming to promote alternative sources of financing and remove barriers to cross-border investments. The EU thus continues its efforts to create a Capital Markets Union,…

Legal
10 May 2018

No sanctions for breach of GDPR for ČEZ and non-profits?

A group of deputies headed by Marian Jurečka (KDU-ČSL) has submitted a draft amendment to the Personal Data Protection Act. The deputies have taken on the role of protectors of public institutions and non-profit organisations against the harsh…

Legal
10 May 2018

First three days of sick leave paid again?

Under presently applicable legislation, employees are not entitled to wage compensation for the first three days of temporary inability to work. This practice, referred to as ‘karencni doba’, or a ‘waiting period’ was introduced in 2008 by Mirek…

Legal
10 May 2018

Scent trademarks and other news

A major amendment to the Act on Trademarks is currently being debated, with the planned effective date on 1 January 2019. If passed, the amendment will fundamentally change the system of registering trademarks in the Czech Republic. The amendment…

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