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)
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
