Legal news

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    Contractual penalties after 1 January 2014

    Czech Republic: New Civil Code brings a number of new rules concerning contractual penalties Contractual penalties remain a key instrument in motivating the obliged party in a contractual relationship to honor their contractual obligations. Agreeing

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    Do you like these premises? Buy them.

    Tenants are often interested in establishing a pre-emptive right to real estate if the landlord wishes to sell it in the future. Can a pre-emptive right be arranged not only in an alienation contract but also, for example, in a lease agreement under the Civil Code? A contractual pre-emptive right

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    Ownership of property after privatization

    Bulgaria: How ownership of a property after privatization can be proved by a privatized company In Bulgaria privatized companies usually have to face the difficulty of proving ownership of a property (e.g. location of operations). The reason for this is found in fragmented land registers. As a result, investors in

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    New competition regulations

    Belarus: New Law on Suppressing anti-competitive activity and on developing competition enters into force from 1 July 2014 The Law sets new rules for defining market dominance of legal entities based on market share. For example, a company is considered dominant if its market share is

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    Common law impacts on Estonian legal system

    Estonia: Estonian Supreme Court judgment significantly alters an approach uncontested for almost 20 years. Estonian Supreme Court judgment significantly alters an approach uncontested for almost 20 years. Estonia is among Continental European legal systems where the law is codified. But the effects of the case law based Anglo-American

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