Latest articles
The artificial intelligence (AI) boom is gradually making its way into a number of industries, including cinematography. The potential of AI to generate film characters, whether from scratch or based on a real-life counterpart, is driving the film industry deeper into the “tech waters”. In this cont
When the power is with you #IV: Thirty is enough – the payment period after the amendment of the SMPA
There are 30 days left until the end of the year at the time of publishing this article. Thirty days is the payment period that buyers with significant market power should apply in their contracts with the affected suppliers of food and agricultural products from 1 January. And not only on paper. We
ESOP Fables #6 - ESOP in a major investment group
Today I would like to share with you a very interesting story in our ESOP's Fables series. This time it is the story of a client with equity interests in a large number of companies in different countries around the world. The client came to us with clear requirements for an ESOP for a key manager,
When the power is with you #III: Do you have a written contract with your supplier? And could we see it?
Have you run out of flowers at your hotel or a particular food item on the shelf at your local shop? Are you missing an agricultural commodity that you need to process your own products? For the ordinary buyer, there is nothing easier than to dial the supplier’s phone number. However, if you are a
Questioning Loot Boxes: Gaming Fun or Hidden Gamble
In a world where video games have transformed from a mere leisure time activity into a cultural and economic phenomenon, the legal issues arising from it are as complex as they are fascinating. These include the concept of loot boxes – digital game packages with randomly selected prizes. Are these p
Lex ESOP #05 | Joining and leaving an ESOP
In the previous posts, we introduced the basics of the main options of employee stock ownership plans (ESOPs), namely the option without an equity interest, the option with an equity interest (and its sub-options), and the issue of different types of shares and their creation. It is now time to intr
Competition
When the power is with you #IV: Thirty is enough – the payment period after the amendment of the SMPA
There are 30 days left until the end of the year at the time of publishing this article. Thirty days is the payment period that buyers with significant market power should apply in their contracts with the affected suppliers of food and agricultural products from 1 January. And not only on paper. We
Intellectual property
Four stripes, still adidas
You know the slightly ironic saying “More stripes, more adidas”? I’m sure you do... And the Czech courts know it too! So well, in fact, that it made it into the reasoning of a judgment. If you want to know the outcome, read the article commenting on the court battle of the stripes.
GDPR
Rogue Email Marketing: Spam-infected messages to customers cost millions
We have had a Halloween that has been variously accepted in our country, followed by the less controversial All Souls' Day. And just on that day, the Personal Data Protection Office ("PDPO") published one, rather scary fine of CZK 7.7 million. The fined company sent commercial communications to prom
Consumer
Computer games and consumer law – What should you be aware of as a player or developer?
Only few people realise that consumer protection regulations must also be respected when developing and playing computer games. It doesn’t happen very often, but even in the Czech Republic we have encountered inspectors from the Czech Trade Inspection Authority checking whether a computer game viola
Life Sciences
Is the end of greenwashing near? EU proposes directive on environmental claims
The European Union is proposing to change the rules for labelling “eco-friendly” products. More and more consumers are reaching for more sustainable products, but the green label should not just be a marketing ploy. Only truly sustainable products will be allowed to bear the label, and greenwashing
Corporate
ESOP’s leadership #6 | Make sure your ESOP remains an ESOP | Ubiquitous compromise
Compromise and an ESOP? Does that even make sense? Of course, it does. What sort of compromise? At the initial meeting with my clients/founders, I advise them that in their particular situation, they always need to compromise between two aspects to find the right employee stock ownership plan (ESOP)
Venture Capital
The START market as an optimum target for startups?
Czech and Slovak startups are generally financed through equity investments or convertible loans within the standard investment rounds (pre-seed, seed and series A-C). An interesting alternative to raising capital in the later stages of a company’s development could be to go public (IPO). The Prague
Other fields
When AI Meets Hollywood: Understanding the Legal Landscape of Digital Personas
The artificial intelligence (AI) boom is gradually making its way into a number of industries, including cinematography. The potential of AI to generate film characters, whether from scratch or based on a real-life counterpart, is driving the film industry deeper into the “tech waters”. In this cont
Authors