Știri juridice
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news
Negative Pledge
Czech Republic: Prohibiting the encumbrance or divestment of assets may improve the position of lenders, but can also cause problems for borrowers In contrast to the legal arrangement that was in force until 31 December 2013, under which negative pledges had only limited applicability and were effective only among the
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Public Procurement Act in 2015 (?)
Czech Republic: The implementation of new procurement directives of the European Parliament and of the Council in Czech law After several years of discussions, new European procurement directives (2014/24/EU and 2014/25/EU) were finally adopted at the beginning of 2014. These new rules for the procurement of public contracts must be
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Notice calling for the removal of doubts
Czech Republic: A popular instrument of the finance offices, allowing them to review a single VAT return for months, due to the absence of statutory deadlines Section 89 of the General Fiscal Code endows the financial office with the power to call upon the taxpayer to remove the specific doubts
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Specialization of board members and executives
Czech Republic: Assigning responsibilities to individual managers has implications for the scope of their duties, and of their liability The New Civil Code has made it possible to assign different responsibilities to different members of the board of directors or to the various executives (if they have been lifted to
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Deposit-refund system to be introduced
Lithuania: Change to law on management of packaging and packaging waste. The Parliament has amended the law on management of packaging and packaging waste ("Law"). This means that from February 2016 a deposit system for disposable packaging will be introduced in Lithuania. Manufacturers and importers will be required to collect