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Czech Republic
Schoenherr Attorneys at Law
The new Civil Code as part of the re-codification of Czech private law became effective as of 1 January 2014.
Schoenherr Attorneys at Law
The Supreme Court of the Czech Republic dealt with a case in which the plaintiff registered its receivable secured by a pledge over the trade receivables of the insolvency debtor in the insolvency proceedings against the debtor.
Schoenherr Attorneys at Law
The most important influence is to plan the process well in advance, taking into account all the necessary steps. Good tax and legal advice are essential here. The offered price, together with the statement of the board of directors and the supervisory board of the target, also play important roles.
CMS Cameron McKenna Nabarro Olswang LLP
It is now practicable to pledge an owner’s account, after new rules were introduced by the Central Securities Depository.
CMS Cameron McKenna Nabarro Olswang LLP
Proposals are being debated by the Czech Parliament to allow companies to provide financial assistance for the acquisition of their own shares in certain circumstances.
Salans LLP
On the 1st of April 2008 Act No. 104/2008 Coll., on Takeover Bids and on Amendments to Certain Other Acts, came into effect.
Linklaters
On June 3 2005 Act 216/2005 on the squeeze-out of minority shareholders of joint stock companies took effect. This new law gives majority shareholders of Czech joint stock companies the option of squeezing out minority shareholders against payment of adequate monetary compensation.
Linklaters
On June 3 2005 Act 216/2005 on the squeeze-out of minority shareholders of joint stock companies took effect.
Linklaters
Pursuant to current legal regulations, a Czech joint stock company can issue shares as certificated or uncertificated shares. Certificated shares exist only in the book-entry form in the registry of the Securities Centre. Both types of shares may be made out as a registered or bearer share, although certificated bearer shares are expected to be abolished in the near future.
Cermák Horejš Myslil a spol
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