Aktualności prawne

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    Credit insurance

    How does credit insurance work? What benefits and risks does it bring? Credit insurance is a relatively new type of insurance product, which is still quite rarely used in Slovakia. Credit insurance offers insurance protection if a customer fails to pay an invoice for goods delivered or services provided. Insurance

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  • Aktualności

    Preparation for introduction of the Euro

    Lithuania: Parliament passes law on Euro introduction In preparation for the planned introduction of the Euro in Lithuania, the Parliament adopted a law on Euro introduction. The Act will enter into force on the date when the Council of the European Union abolishes the exemption on non-introduction of the Euro

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    All joint-stock company bodies may be represented by one person

    Czech Republic: From 1 January 2014, joint-stock companies may elect to use the one-tier governance model As of 1 January 2014, Czech joint-stock companies may choose which model of corporate governance they wish to follow: either the so-called two-tier system or the one-tier system. The two-tier system (which was the

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  • Aktualności

    Remuneration of Managing Directors, BoD Members, and Supervisory Board Members

    Czech Republic: The new Corporations Act, has brought major changes to the legal framework within which the elected bodies of corporations are being remunerated. In the opinion of a majority of experts, an incumbency agreement (manager agreement) ought to be concluded if the person acting in the office of managing

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  • Aktualności

    Duty to disclose company particulars on the internet

    Czech Republic: All joint-stock companies must create their own website and post mandatory data on that site as stipulated by the law - e.g. invitations to the general meeting or their financial statements. As of 1 January 2014, the Corporations Act requires all joint-stock companies to create a company website

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