The Czech Government introduced steps to support entrepreneurs and companies affected by COVID-19 Planned steps to support entrepreneurs and companies affected by coronavirus COVID-19 in Czech Republic The current situation is very difficult for entrepreneurs and small businesses. Relying on state compensation under the Czech Crisis Management Act is quite tricky and, in…
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Czech Bankruptcy Law and duties of Board Members in Czech Republic
Duties and Responsibilities of Statutory Board Members of Czech Limited Liability Company or Czech Joint-Stock Company in insolvency and bankruptcy position in Czech Republic General duties of board members of Czech companies In this tough time it is more than important to be careful about fulfillment of all mandatory duties as an executive…
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Duties and Responsibilities of Board Members under the Czech Law
Duties and Responsibilities of Statutory Board Members of Czech Limited Liability Company or Czech Joint-Stock Company Duties of board members in Czech Republic The fundamental rights and obligations of the Executive Director in a Czech limited liability company (“Executive Director”) or the board member of a Czech joint-stock company ("Board Member") and the…
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Damage claims and compensation for Emergency Measures in Czech Republic
Conditions to claim damages for limitations caused by state of emergency or emergency measures under Czech law State of emergency in the Czech Republic On March 12, 2020, a 30-day state of emergency for the Czech Republic was announced in the form of a Czech government decision. The reason for this are health…
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