Topic
20. 4. 2020 · Publications and newsletters
Duties of and risks for members of governing bodies during the coronavirus pandemic (part one)Part one of a HAVEL & PARTNERS series on governing-body duties during the coronavirus crisis explains the standard of due managerial care, the duty to seek expert help, and the business judgment…
17. 4. 2020 · Publications and newsletters
Effective date of the European Regulation on Medical Devices to be deferredThe European Parliament postponed the effective date of the EU Medical Devices Regulation (MDR) by one year to 26 May 2021 due to the COVID-19 pandemic, while the In Vitro Diagnostic Medical…
14. 4. 2020 · Publications and newsletters
A bill to mitigate the impacts of emergency measures on tenantA Czech government bill approved by the Chamber of Deputies bars landlords from terminating leases over rent unpaid between 12 March and 30 June 2020, but does not postpone tenants' rent payment…
14. 4. 2020 · Publications and newsletters
Support for self-employed persons hit by the COVID-19 outbreakUnder Act No. 159/2020 Coll. on the COVID-19 compensation bonus, self-employed persons active as of 12 March 2020 can claim CZK 500 per day, up to CZK 25,000, as a non-taxable tax…
8. 4. 2020 · Publications and newsletters
The European Commission amended the Temporary Framework for State Aid in connection with COVID-19On 3 April 2020, the European Commission amended its COVID-19 Temporary Framework for state aid, clarifying aid cumulation rules and expanding support for COVID-19 R&D, testing and upscaling infrastructure, tax deferrals, wage…
8. 4. 2020 · Publications and newsletters
Protection against excessive prices during a state of emergencyAlongside the Office for the Protection of Competition's power against cartels or abuse of dominance, the Act on Prices and the Civil Code's rules on gross disparity and usury let Czech parties…
8. 4. 2020 · Publications and newsletters
How to conclude or sign an agreement remotely (not only) during a state of emergencyPrivate parties in Czech law may sign contracts electronically without an advanced signature, but dealings with public authorities need a recognised electronic signature or a data box, and the rigid Labour Code…
7. 4. 2020 · Publications and newsletters
The EGAP will provide crisis aid of up to CZK 200 billion to large companiesThe Export Guarantee and Insurance Corporation (EGAP) is launching a COVID PLUS programme offering up to CZK 200 billion in guarantees covering up to 80% of bank loans for companies with over…
7. 4. 2020 · Publications and newsletters
Companies in quarantine: What are the implications of the new measures ensuring the operation of corporate bodies during an epidemic?Lex Covid lets Czech companies hold general meetings and board meetings remotely, extends expiring corporate body members' terms of office by up to three months, and postpones the deadline for discussing annual…
6. 4. 2020 · Publications and newsletters
Changes to the Labour Code as part of combating the viral disease COVID-19The Czech Labour Code amendment effective 4 April 2020 lets employers order home working, shortens shift and vacation notice periods, protects quarantined employees from dismissal, and cuts wage compensation for employer-side obstacles…
1. 4. 2020 · Publications and newsletters
Extraordinary changes to the Insolvency Act and Lex Covid as a helping hand in a time of crisisLex Covid introduces an extraordinary moratorium letting COVID-19-hit but viable Czech debtors block enforcement of collateral and suspends their duty to file for insolvency, while barring creditors from filing insolvency petitions until…
1. 4. 2020 · Publications and newsletters
“Liberation Tax Package 2”, and other governmental measures and regulationsThe Czech government's Liberation Tax Package 2 waives June 2020 income tax advances and real estate acquisition tax penalties, suspends electronic sales registration, introduces a tax loss carry-back, and waives sole proprietors'…
