Aktuaalsed õigusteemad

It was on April 14, 2020 that new entry and exit rules, especially for commuters, came into force. Now, after less than two weeks, new rules came into force, which were replaced already twice; the last version is valid as of May 11, 2020. The quantity of the rules contrasts

A functioning transparency register is still not yet operational. An overview of what should nevertheless already be done. Following implementation of EU Directive No. 2017/1371, since 1 January 2019 every legal entity established in Lithuania must “acquire, update and store” information about its UBO(s). It was actually planned that these

COVID-19 impact mitigation: temporary suspension of managers’ duty to file for insolvency and other protective measures. Managers must immediately initiate insolvency proceedings if their company is insolvent. Under Lithuanian law, a company is insolvent, for example, if it cannot meet its obligations when they fall due for instance, if it

Entrepreneurs in financial difficulties will be able to ask the court for temporary protection from creditors.  The law provides aid to entrepreneurs with the status of an "entrepreneur under temporary protection". The aid comprises the following: - interruption of the proceedings regarding the creditor's

Towards the end of 2019, the Czech Supreme Court took position on an issue which has become very topical in the context of the current Covid-19 pandemic. What are the consequences of the resignation of a board member at an inopportunity moment in time? As we’re penning this article, the