Legal news
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New legal framework for limited liability companies after 1 January 2014
Czech Republic: Czech private law is about to be revolutionized: a new Civil Code and Corporations Act are coming into force. Czech private law is about to be revolutionized: a new Civil Code and Corporations Act are coming into force. The new private law fundamentally redraws the
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Stricter liability for executive officers in New Hungarian Civil Code
Hungary: Strengthening of creditors’ interests means stricter liability for executive officers under the New Civil Code Strengthening of creditors’ interests means stricter liability for executive officers under the New Civil Code Following 15 years of preparation, the new Civil Code entering into force on 15 March 2014 has absorbed
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How well do you know your business partners?
Latvia: Latvian Parliament introduces the status of “risk person” prohibited from legal business activities Latvian Parliament introduces the status of “risk person” prohibited from legal business activities If you are looking for a local business partner to establish a company in Latvia, you should be aware of hidden dangers which
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English translation of all Estonian laws available online
Estonia: All Estonian laws will soon be available in English online All Estonian laws will soon be available in English online As of 31 October 2013, Estonian legal texts can be accessed via the website www.riigiteataja.ee/en in English. In 2011 the Estonian Ministry of
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Lithuania seeks simpler and more transparent public procurement
Lithuania: Seimas adopts amendments to the Law on Public Procurement Seimas adopts amendments to the Law on Public Procurement The Lithuanian Parliament has recently adopted amendments to the Law on Public Procurement (the Law) the most significant of which relate to low-value purchases and more efficient procurement transparency and pre-control