An Overview of Important Legislative Changes in Slovakia
An Overview of Important Legislative Changes in the Czech Republic-II
An overview of important legislative changes in the Czech Republic
An Overview of Important Legislative Changes in the Czech Republic
An overview of important legislative changes in the Czech Republic.
Eversheds Sutherland Represents Itaka in Settlement with Cedok’s Minority Shareholders
Eversheds Sutherland has represented Itaka in the settlement proceedings with the minority shareholders of Czech travel agency Cedok.
Screening of Foreign Direct Investments - New Obligations From 1 March 2023
The Slovak Republic was one of the last countries in the region to adopt the Foreign Direct Investment Screening Act, which introduces a comprehensive mechanism for screening foreign investments for the purpose of protecting security and public order based on Regulation (EU) 2019/452.
Legislative Changes In The Field of Renewable Energy Sources
On 24 January 2023, a new law called LEX OZE I. (Act No. 19/2023 Coll.) entered into force. The goal of this law is to remove obstacles and speed up the construction of renewable energy sources ("RES").
Digitalization of the Order for Payment Procedure in Bulgaria
In the beginning of February 2023, amendments to the Civil Procedure Code (“CPC“), dedicated to the digitalization of the order for payment procedure were promulgated. In the motives of the draft law, it is noted that the changes are in line with the tendency in the European Union towards the digitalization of this procedure, as well as with the aim of allocating judicial resources in a more optimal way through the centralized distribution of the order for payment procedures among regional judges across the country. In this way, an attempt is made towards overcoming the uneven workload of the judges from the different regions, respectively towards acceleration of the court proceedings.
Consumer Law Amendment
In January 2023, there was a significant amendment to consumer law, which on the one hand expanded the rights of consumers, and on the other hand introduced a number of new obligations for retailers.
The Development of Energy Price Caps for Large Enterprises
Although negotiations regarding the method of capping electricity and gas prices are still ongoing, both at the national level and in the EU, the Government of the Czech Republic has already issued the expected amendment specifying the capping of energy prices for large enterprises.
Eversheds Sutherland and Tovarek, Horky and Partners Advise on TSR Acquisition of Barko
Eversheds Sutherland has advised Remondis Group company TSR Czech Republic on its acquisition of Barko. Tovarek, Horky and Partners advised the sellers.
Closing: Lagardere Acquisition of Costa Coffee Shops in Poland and Latvia Now Closed
On March 8, 2023, Eversheds Sutherland announced that Lagardere’s acquisition of the Costa Coffee Group’s Polish and Latvian subsidiaries (reported by CEE Legal Matters on October 7, 2021) had closed.
Did You Know: Most Prolific 2023 Thought Leaders
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, two CEE lawyers have already authored or co-authored eight thought leadership articles published on the CEE Legal Matters website this year, more than anyone else in the region?
Eversheds Sutherland and CMS Advise on Eika Real Estate Fund Acquisition of Celebro Building in Warsaw
Eversheds Sutherland has advised the Eika Real Estate Fund – represented by Eika Asset Management – on the acquisition of the Celebro office building in Warsaw from White Stone Development. CMS advised the sellers.
Changes in the Regime for Admission of Citizens of Third Countries for the Purposes of Highly Qualified Employment in Bulgaria
On January 25, 2023, was promulgated an Act to Amend and Supplement the Labor Migration and Labor Mobility Act (“AAS the LMLMA”), adopted by the 48th National Assembly on January 19, 2023. The changes concern the conditions for entry and residence of citizens of countries outside the European Union (“EU”) on the territory of the Republic of Bulgaria for the purposes of highly qualified employment, as well as the procedure for issuing a long-term residence and work permit of the “European Union Blue Card” type, which is regulated by the Foreigners in the Republic of Bulgaria Act (“FRBA”) and the regulations for its application.
Call for Applications for Energy Subsidies Published
We guide you through the current overview of energy subsidy applications.
TOP 10 Employment Law Case in 2022
A traditional selection of Czech TOP 10 case law in 2022, which should not escape your attention.
Discount on Insurance Premiums for Employers
On 1 February 2023, an amendment to Act No. 589/1992 Coll., on social security premiums and premiums to state employment policy, will come into force. The amendment introduces a discount on insurance premiums for employers who, on a part-time basis, employ designated groups of employees for whom it is usually more difficult to find employment on the labour market.
TGS Baltic and Eversheds Sutherland Advised on Eco Baltia EUR 8 Million Bond Issuance
TGS Baltic has advised Eco Baltia on its inaugural EUR 8 million issuance of three-year bonds. Eversheds Sutherland acted as trustee for the issuance.