European order for payment
European order for payment procedure simplifies the procedure for recovery ofuncontested civil and commercial claims (i.e. claims where there is no disputeover whether the pecuniary claim is based on sufficient merits of the case)between the Member States. The system introduced by Regulation (EC) No.1896/2006 of 12 December creating a European order for payment procedure shallallow the enforcement of uncontested payments using an EU-wide standardprocedure and avoid the necessity of dealing with unfamiliar legal procedures inforeign countries, since it shall be directly enforceable in all Member States(except for Denmark which opted out) with no further exequatur or procedurerequired. The Regulation comes into force on 12 December 2008.
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KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.
