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Thursday 23/05/2013
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Absurd ruling on dividends
AIFMD: Let’s not waste the opportunity
Legislative changes from 2012
Amendment to the Mergers Act “unfreezes” transfers of ownership interests
The Volcker Rule – a potentially broad impact on foreign banking organizations
The Volcker Rule – American banks to face hurdles from summer 2012
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Companies
Taxes
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Judgment
Markets & finance
Energy certificates: Less stringent conditions will not let home owners off the hook
23/04/2013
An amendment to the Energy Management Act (the “Act”) stipulates a new obligation for apartment and home owners: they must provide their apartment or home with an energy performance certificate (an “EPC”) or face strict penalties.
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Are Technical Standards Binding? (I)
18/04/2013
In the Czech legal system, technical standards are essentially recommendations that do not become binding unless stipulated by a legal regulation. Although it may seem uninteresting to some, this fact can have serious consequences in practice.
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Cartel agreements violate competition rules even if targeting illegal competition
11/04/2013
At the request of the Slovak Supreme Court, the European Court of Justice (“ECJ”) addressed the following scenario: a group of three competitors entered into an agreement to terminate their contracts with a customer in order to eliminate it from the market.
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Study: litigation in the Czech Republic among the shortest but judicial independence perceived as low
10/04/2013
In late March the European Commission introduced the EU Justice Scoreboard, a new comparison tool to promote effective justice in the EU. The Commission believes a high-quality and effective judicial system is vital for economic growth, since citizens’ confidence in the rule of law is directly reflected in their willingness to invest in the economy.
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Fixed-term employment: Thank God for an about face!
02/04/2013
Although I dislike speculating on the intentions of our legislators, I cannot help but suspect that Parliament from time to time intentionally seeks to try the patience of Czech businessmen.
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