News

The Act on Real Estate Brokering has come into force

09.03.2020

Act No. 39/2020 Sb. dated 19 December 2019 on Real Estate Brokering and on amendments to related acts (Act on Real Estate Brokering) was published in the Collection of Laws on 17 February 2020.

Read more

UK leaves the EU. What will actually change?

04.02.2020

Read article of our colleague Steen Rosenfalck from the London law office, member firm of the Warwick Legal Network as we are. Steen deals with the question what will actually happen after the UK leaves the EU.

 www.millerrosenfalck.com/2020/01/what-will-actually-change-after-the-uk-leaves-the-eu-on-brexit-day/

Read more

Minimum wage growth

10.12.2019

According to a press release of the Ministry of Labor and Social Affairs, the coalition partners agreed to increase the minimum wage next year from 13350 CZK to 14600 CZK, which represents 40,5% of the average wage in the Czech Republic.

At the same time, the increase in the minimum wage is conditional on the growth of the guaranteed wage levels. The guaranteed wage is a wage or salary scaled according to the complexity, responsibility, and effort that the employee was entitled during an 40-hour working ti

Read more

Amendment to the Local Fees act

05.11.2019

On November 6Th 2019 there has been published an amendment to the Local Fees act in the Collection of Laws.

It is clear, that the legislator has been in favour of a better systematic breakdown of the already outdated Local Fees act. At the same time, the legislator also decided to introduce a new spa and recreational stay fee and accommodation capacity fee.

The Amendment to the act will become effective from January 1st 2020.

Read more

Compensation for air passengers

22.10.2019

The Court of Justice of the European Union stated in his judgment of 10.07.2019, file no. C-163/18 – HQ, IP, JO v. Aeagan Airlines, that a passenger who has the right to the tour operator for reimbursement of the purchase price of the Flight ticket according to the Directive 90/314/EEC, cannot claim the reimbursement of the purchase price of the ticket from the operating air carrier, even if the tour operator has been bankrupt.

Read more

Right of first refusal under §3056 of Act No. 89/2012 Coll., Civil Code

15.10.2019

In the present case, the applicant was the sole owner of the land and the defendant was to owner of a 92/183 holding in the building, which was built on the land owned by the applicant. The remaining co-owner of the House were third parties. The defendant acquired the ownership share of the house on the basis of two purchase contracts from the previous ownership shareholders. The applicant sought the replacement of the expression of will – conclusion of the purchase contract under the pre-emptive right by the transitional provisions of §3056 of Act. No. 89/2012 Coll., Civil Code. The dispute was decided by the Supreme Court of the Czech Republic.

Read more

WLN Conference in Lisbon

04.10.2019

We took part in the conference of Warwick Legal Network in the capital of Portugal on 19 and 20 September 2019. September 2019. Our law office represented in Lisbon Mrs Andrea Krásná. The conference was opened with gathering of the delegates from the member law offices of the WLN  at the welcoming reception in the hosting law office VSA - Vaz Serra & Associados - Sociedade de Advogados, SP, RL. The business program of the conference continued on the subject “INTERNATIONALIZATION: COMMERCE & SPORTS”. 

Next

Read more

M&A in health care

01.10.2019

As of 30/9/2019, we succeeded to complete an M&A transaction in which our clients sold a clinic for the purchase price of 700 mil. CZK (app. 27 mil. EUR).Our law firm represented the sellers and provided them with all legal services.

 

Read more

Real estate transfer tax

17.09.2019

The Supreme Administrative Court stated in its decision No. 3 Afs 106/2017-90 dated 30 May 2019 that the real estate transfer tax consists of the value of the transferred real estate and the financial profit from the sale of the real estate transferred by the transferor. The Court also mentioned that the statutory VAT on the purchase price of the real estate cannot be considered as part of the transferor’s profit. According to these statements, the Supreme Administrative Court decided that the inclusion of

Read more

Entitlement to an existing contractual penalty in case of termination by a termination clause

03.09.2019

 

The Supreme Court of the Czech Republic stated in its decision no. 23 Cdo 2615/2018, dated 29.05.2019, that if and contract is terminated by a termination clause, the existing right to a contractual penalty does not expire.

Read more