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  • ziņas

    Information Duties for M&A Deals

    Germany: The rules concerning the duties to inform the staff with regard to a (planned) M&A deal have been specified. Before closing of a M&A deal in Germany seller or buyer has the duty to inform the staff of the business/company that should be transferred about the following circumstances:

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  • ziņas

    Severance pay upon termination of employment

    Czech Republic: Health and social insurance premiums, income tax payments, and the claim for unemployment benefits Employees are entitled to severance pay if they were terminated by the employer, citing "organizational reasons" (as enumerated in Sec. 52 (a) through (c) of the Labor Code), or in the case of termination

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  • ziņas

    Store design as a trade mark

    Czech Republic: A Court of Justice judgment has made it possible to register the design of retail premises as a 3D trade mark In November 2010, the leading hardware and software company Apple Inc. successfully had a three-dimensional trade mark registered in the U.S. which essentially consisted of a representation

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  • ziņas

    Is severance pay subject to VAT?

    Czech Republic: According to the courts, where severance pay serves to compensate previously rendered performances, it is subject to VAT The Supreme Administrative Court reviewed the issue of whether the severance pay agreed in a termination agreement was subject to VAT (case file No. 8 Afs 30/2013). Under a contract

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  • ziņas

    The Business Judgment Rule

    Czech Republic: Liability of corporate officers is limited to adherence to proper procedure in reaching business decisions The Corporations Act (which has been in force since 1 January 2014) contains provisions which expressly recognize the "Business Judgment Rule", with the objective to provide comfort (a "safe harbor") to elected corporate

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