The question of private law

The most important changes brought about by the recodification of private law shall include the elimination of dual regulation of certain legal institutes within the existing Civil Code and Commercial Code (such as purchase agreement, performance agreement, guarantee, liability for damage etc.), the regulation of assets management, the detailed regulation of possession, easements and servitudes, the possibility of establishing a public limited company that is not managed by the Board of Directors and the Supervisory Board, but only by the Administrative Board, the possibility of issuing securities for ownership interests in private limited companies and the introduction of the business judgment rule.

• The entire wording of the comments (in Czech only)