Legal news

Hungary: A new national fire safety regulation and related decrees by the Ministry of Interior have significantly changed the fire protection structure of business entities.

Czech Republic: The new Civil Code has introduced a number of changes related to security deposits The security deposit (now referred to in the Civil Code as jistota as opposed to kauce, the term previously used by the old Civil Code) is the most important instrument by which a landlord's

Czech Republic: Finance ministry proposes an amendment which puts an end to the option to file VAT returns via databox The finance ministry has presented the government with a bill that would amend certain laws in connection with the passage of the "Act on Sales Records" (i.e., an Act stipulating

Together with approving financial statements, the shareholders' meeting usually exempts managing directors and board members from liability. This means that the company waives its right to claim damages. Generally, exemption from liability is granted for the previous year. However, exemption from liability is not absolute and its validity remains questionable.

Czech Republic: Methods for establishing necessary passage under the New Civil Code The New Civil Code has reintroduced the concept of "necessary passage" to the Czech legal environment, by setting forth rules for establishing right-of-law across third-party property in indispensable cases. The owner of a given piece of real