Aktuaalsed õigusteemad
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Merger control rules changed
Hungary: Simpler notification-based procedure, lower fees The Act on Prohibition of Unfair Trading Practices and Unfair Competition has recently been amended with regard to the EU harmonisation procedure. The main elements of the amendments are: Obligation to notify Instead of the prior merger clearance system based on an application for
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EU enables creditors
Lithuania: New EU regulation in force from 18 January: creditors may apply for a preservation order on a debtor’s bank accounts within the EU. On 18 January 2017 EU Regulation No. 655/2014 came into force, establishing a new uniform European procedure for preserving (blocking) bank accounts, allowing creditors to preserve
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Resurrection of Personal Insolvencies in Slovakia?
Necessity of an amendment regarding personal insolvencies In November 2016, the Slovak Parliament passed an amendment to the Act on Insolvency and Restructuring (“IARA”). One of its major aims is to address defects in the law of personal insolvencies, which are a
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Centralized Records of Bank Accounts – Effective Protection and Stringent Oversight?
Czech Republic: Central registry of bank accounts to help law enforcement and mitigate the risk of sensitive information leaks On 6 October 2016, Act No. 300/2016 Coll., on a Central Bank Accounts Registry, came into force, as a piece of legislation which had been recommended by the European Commission in
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Civil Code Abandons Special Manner of Representation in Labor-Law Relations
Czech Republic: Amendment abolishes the requirement for legal entities with a collective statutory body to act in a special manner towards their employees The provision of Sec. 164 (3) of the Civil Code, which will remain in force until 27 February this year, requires that legal entities which have a