News & Publications
02.03.2023
Pro a proti: Marie Zámečníková v pořadu Českého rozhlasu
by JUDr. Marie Zámečníková, Ph.D.
Dne 2.3.2023 vystoupila naše Zlínská kolegyně Marie Zámečníková v pořadu Českého rozhlasu Pro a proti na téma “Sněmovna zažívá další obstrukce: Poslanci v nekonečné rozpravě řeší snížení valorizací” […]
15.02.2023
Miloš Zeman´s Final Game
by JUDr. Marie Zámečníková, Ph.D.
With the election of the new president of the Czech Republic, the era of the current president, Miloš Zeman, will soon come to an end. The new president, Mr. Petr Pavel, will take office after taking the oath of office on March 9, 2023. Until then, Mr. Zeman will remain in office and it is expected that he will not leave in silence.
15.02.2023
New Czech President Assures Firm Western Ties
The recent presidential elections confirmed that a large part of Czech society strongly supports democratic values and the Czech Republic’s firm anchorage among Western nations.
This is illustrated by the overwhelming victory of Mr Petr Pavel, a retired army general, over the populist oligarch Mr. Andrej Babiš.
15.02.2023
The Button Amendment
E-shops are facing new rules for consumer protection based on the European legislation generally known as the “Button Amendment”. […]
15.02.2023
Attention, Shoppers!
A long-awaited new legal regulation on complaints brings major changes. The consumer can still claim for defects within 24 months. However, the consumer will now have 12 months during which the defect will be presumed to have existed at the time of receipt. […]
15.02.2023
Top Employment Law News in 2023
The biggest expected change in labor law in 2023 is the forthcoming major amendment of the Labor Code. Additionally, there are changes to the implementation of medical examinations and changes to minimum and guaranteed salary. […]
15.02.2023
New Rules on Services for Owners and Tenants of Apartments
A big change becomes effective of 1 January 2024: Individual owners or tenants in a block of flats must now receive information about the consumption of heating and hot water that are provided centrally once a month, if the consumption can be determined by remote readings. Recipients will also be able to request data on their heating and hot water consumption for the last 3 years. […]
15.02.2023
Ultimate Beneficial Owners Shrouded in Mystery
In November 2022 the Court of Justice of the EU adopted a groundbreaking ruling, invalidating a provision of the AML Directive allowing general public to access information on beneficial ownership of companies. The argumentation of the Court was based on the fact that publication of names and other data of beneficial owners interferes with the person’s right to respect for private and family life and […]
15.02.2023
Attention, Investors! Foreign Investments Screening
Selected foreign investments from non-EU countries are subject to screening and approval by the Czech Ministry of Industry and Trade (“Ministry”). The purpose is to protect the security of the Czech Republic and its internal or public order. […]
15.02.2023
You´ve Got Mail
A data box is a secure electronic portal by the Czech state, which is used for electronic communication with public authorities. Recently, the range of mandatory users of data boxes was expanded to more than two million entities. […]
15.02.2023
Slovak Labour Law News
by Mgr. Veronika Kvašňovská / JUDr. Valter Pieger
The Slovak parliament has recently adopted numerous changes to various aspects of the Labour Code and we are glad to introduce you to the most important ones. A new type of an employment agreement, the employment agreement for seasonal work was introduced. This particular type of agreement is defined as a work activity which is dependent on the change of the seasons, reoccurs each year and does not exceed eight months in a calendar year. […]
15.02.2023
Team News: Michael Mack New Junior Lawyer in the Team
Giese & Partner is pleased to introduce to you Michael Mack, the new junior lawyer in our Prague team.
10.02.2023
AHK Slowakei - Newsletter 2/2023
Der neue, schnelle Weg zu GmbH(s)
by JUDr. Valter Pieger / Mgr. Veronika Kvašňovská
Die Gründung und Eintragung einer Gesellschaft mit beschränkter Haftung sollen online in einem einzigen Verfahren möglich sein. Die Gründung einer Gesellschaft in der Slowakei wird damit einfacher, schneller und kostengünstiger. Auch entfällt ein zeitaufwendiger Schritt bei der Gründung, nämlich die Notwendigkeit, zunächst einen Gewerbeschein durch Anmeldung beim Gewerbeamt zu beantragen.
07.11.2022
We’re moving!
After more than 20 years at Palác Myslbek, our Prague team will move to a fantastic new location. As of 12th December 2022 you will find us in Prague at Sky Gallery, Bělehradská 132 Designed for us by Drobný Architects, our new offices reflect the core values of our firm: sustainability, creativity and diligence. Come […]
07.11.2022
Bankruptcy of Czech Sberbank: Loan Portfolio for Sale
The Czech branch of Sberbank has been in liquidation since early May 2022. Its banking license was revoked by the Czech National Bank in April after the bank collapsed in the aftermath of the Russian invasion of Ukraine. […]
07.11.2022
Energy Price Capping
For the first time, the price of electricity on the energy exchange exceeded the record of 1,000 euros per megawatt-hour. Consequently, the Czech government decided to regulate the price of energy by introducing energy price capping. […]
07.11.2022
Another Tax Package for Smaller Businesses
The Czech government has decided on the next tax package aimed at smaller enterprises. The respective government bill deals, inter alia, with the obligatory registration for VAT and the so-called lump-sum tax. The proposed changes shall lead to simplification of tax obligations and reduction of the volume of administrative obligations. […]
07.11.2022
Expected Changes to the Labour Code
Even though the Czech Republic’s deadline for adopting two EU directives on labour law has expired, the Ministry of Labour and Social Affairs, it is still working on drafts of the necessary amendments to the Labour Code. But what changes can we actually expect? […]
07.11.2022
Good News for Credit Card Holders: Stricter Rules for Dynamic Currency Conversion
Consumers usually come across the DCC service when making payments with their credit card abroad. Dynamic Currency Conversion is a process within which the amount of a credit card transaction is converted into the currency in which the cardholder’s bank account is held. This conversion is carried out by the operator of the payment terminal (or ATM) in case of use of the DCC service, while in case of refusal of the DCC service, the issuer of the credit card carries out such conversion. […]
07.11.2022
New Regulation of Beneficiary Owners
The new Czech law on the registration of beneficial owners had to be substantially amended just about a year after its adoption. This was due to pressure from the European Commission, which criticized some parts of the Czech legislation for being inconsistent with the regulation and objectives of the European Anti-Money-Laundry (AML) Directive. […]
07.11.2022
Judicial Protection and Fair Trial
An appeal is considered to be timely if it was filed after the expiry of the 15-day period if the appellant followed the incorrect instructions of the court on the appeal. if the decision does not contain any indication of the appeal, the time-limit for appeal, or the court before which the appeal is to be lodged, or if it contains an incorrect indication that the appeal is not admissible, an appeal may be lodged within three months of service. […]
07.11.2022
Debtors in Default, Be Aware to File a Petition for Bankruptcy in Slovakia
by Mgr. Veronika Kvašňovská / JUDr. Valer Pieger
In general, debtors are obliged to prevent bankruptcy at all times. Unfortunately, this is not always the case. The Slovak parliament has therefore recently adopted a new legislation, which has extended the obligations of a debtor in financial default. […]
23.09.2022
Business Breakfast zum Thema Elektromobilität, Bratislava, 27.09.2022
ie Slowakei war das erste Land im Mitteleuropa mit einem öffentlich zugänglichem Netz von Schnellladestationen. Seit längerem gibt es slowakische E-Auto Hersteller, die ihre Produkte in ganz Europa vetreiben. Das Wirtschaftsministerium hat Ende Mai 2022 im Rahmen des Salons der Elektromobilität zahlreiche neuen Projekte angekündigt, die im Herbst live gehen sollen. Wo stehen wir jetzt?
22.08.2022
WiRO: Vertragsrecht in der Tschechischen Republik – Teil 4
by JUDr. Marie Zámečníková, Ph.D. / Dr. Ernst Giese
Das neue BGB enthält die Unterscheidung zwischen dem Mietvertrag und dem Pachtvertrag, der im BGB 1964 nicht geregelt wurde und sich nach Bestimmungen bezüglich des Mietvertrags richtete. Beide befinden sich im zweiten Teil des Sonderteils des Vertragsrechts (§§ 2189 ff. BGB), der die Überlassung einer Sache zum Gebrauch anderer regelt. […]
20.07.2022
WiRO: Vertragsrecht in der Tschechischen Republik – Teil 3
by JUDr. Marie Zámečníková, Ph.D. / Dr. Ernst Giese
Letztendlich ist im Zusammenhang mit dem Erlöschen der Verpflichtung bzw. der eventuellen Durchsetzbarkeit des Rechts die Präklusion bzw. die Verjährung zu erwähnen. Die allgemeinen Bestimmungen zur Verjährung und Präklusion befinden sich in §§ 609 ff. BGB. Ein Recht, das nicht innerhalb der Verjährungsfrist geltend gemacht wird, gilt als verjährt, sodass der Schuldner nicht zur Leistung verpflichtet ist. […]
14.07.2022
SBERBANK: Banks Back Away
At the end of May, the Sberbank liquidator launched a tender for Sberbank’s assets. The liquidator contacted all banks in the Czech market with the goal to evaluate the bids in early July. […]
28.06.2022
Martin Holler as Member of Jury at the CEEQA 2022 in Warsaw
Martin Holler, partner of Giese & Partner has been invited to participate as member of the jury at the CEEQA 2022 (Central & Eastern European Real Estate Quality Awards) taking place in Warsaw. […]
24.06.2022
Mají místní sportovní oddíly právní nárok na členství v národním sportovním svazu?
V České republice existuje celá řada národních sportovních svazů, které mimo jiné vytvářejí podmínky pro rozvoj příslušného sportu, organizují celonárodní a jiné soutěže, řídí přípravu národní reprezentace a zajišťují financování a podporu jednotlivým oddílům věnujícím se danému sportu na místní úrovni. Tyto národní sportovní svazy svou činnost vykonávají zpravidla jako spolky podle § 20 a § 214 a násl. zákona č. 89/2012 Sb., občanský zákoník, ve znění pozdějších předpisů (dále jen OZ) s tím, že jejich členy jsou právě jednotlivé místní sportovní oddíly organizované zpravidla také ve formě spolků. […]
22.06.2022
Giese & Partner Opens New Office in Moravia
We are pleased to announce the opening of our new office location in Zlín. The Zlín office will in particular serve the needs of our clients in the Eastern part of the Czech Republic. It will work closely with our existing offices in Prague and Bratislava and further strengthens our position as one of the […]
22.06.2022
Sberbank CZ is About to Vanish – What Should Clients and Creditors Do Now?
Only a few days after the Russian invasion of Ukraine and the resulting European sanctions on Russian banks, the Czech subsidiary of Sberbank collapsed. The Czech National Bank revoked its banking license and Sberbank CZ entered into liquidation. Giese & Partner have set up a Sberbank Task Force to help our clients, who are affected by the Sberbank collapse. […]