5.8.2008
News

Conflict-of-law rules for contractual obligations in the EU

European Parliament and Council Regulation No. 593/2008 (Official Bulletin No. L 177) on the law applicable to contractual obligations (Rome I), starts from the original Convention on the Law Applicable to Contractual Obligations that has been adopted in 1980 but not yet a part of the European Law. The Regulation implements certain changes to the original Convention in the direction of modernization and specification thereof.

The factual applicability of a regulation should be in compliance with Regulation No. 44/2001 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Brussels I) and Regulation No. 864/2007 on the law applicable to noncontractual obligations (Rome II). Therefore it has an impact on contractual obligations pursuant to the civil and commercial law, except for some explicitly excluded issues (such as the legal capacity, personal status, family relations, bills of exchange and promissory notes and cheques, commercial companies). The Regulation starts from the primacy of the choice of law. In the absence of choice of law article 4, paragraph 1 of the Regulation contains the list of types of contracts for which the decisive law is then determined by the regulation. If it is impossible to subordinate a concrete agreement under these provisions, it is the law of the state, where the party required to effect the characteristic performance of the contract has his habitual residence. If it is impossible to determine the decisive law in this manner, the principle of the narrowest connection is applied; the contractual relation shall be governed by the law of the country with which it is the most closely connected. Article 6 also contains specific regulations for consumer agreements.

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14.9.2026
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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 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.

9.9.2026
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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.

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.

4.8.2026
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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.

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.