Corporate
The registration of beneficial owners and the obligations it entails have been the subject of heated debate and controversy in the Czech legal environment since their introduction. One of the main points of criticism has been the public accessibility of the register, which makes the personal data of
JOINT VENTURE | POINT FIVE | Profit sharing: How to distribute profit and pay dividends
When it comes to distributing profits and paying dividends, how do you set the rules for that? Are there legal restrictions you need to be aware of? Does every shareholder have to receive the same amount? And is it possible to distribute profits in ways other than cash?
H&P Corporate Case Law: Shareholder Action as Abuse of Law (May 2025)
For May 2025, we shall present the Supreme Court’s decision (Case No. 27 Cdo 1753/2024), which dealt with shareholder actions. These actions are a legal institution that allows qualified shareholders to sue members of elected bodies for compensation for harm that may have been caused typically by a
JOINT VENTURE | POINT FOUR | Corporate decision-making: Voting rights and restrictions
How to properly establish voting rights in a company? Can each shareholder have a different number of votes, or each vote have a different weight? What are the different types of voting rights?
H&P Corporate Judgment: Admissibility of ‘advance applications’ for entry in the Commercial Register (April 2025)
The ruling issued in April addresses a significant issue related to Commercial Register proceedings and the mechanism of ‘applications filed in advance’. The decision in question (Case No. 27 Cdo 1847/2024) concerned an application for the entry of changes in the Commercial Register, specifically se
JOINT VENTURE | POINT THREE | Shareholders’ rights and obligations
What are the rights and obligations of shareholders? What is the best way to incorporate them in the constitutional document or the shareholders’ agreement?
H&P corporate case law judgment: Statute of limitations on unjust enrichment claims (March 2025)
For the month of March, we highlight a judgment (Case No. 27 Cdo 459/2024) concerning the statute of limitations for unjust enrichment claims. While the conclusions of this judgment are not entirely novel, they are significant for practical application and intersect with the frequently discussed top
JOINT VENTURE | POINT TWO | Shareholders’ agreement: The key to successful cooperation of shareholders
What is a shareholders' agreement and how does it differ from a constitutional document? What essential elements and form should the shareholders' agreement have? What should it contain to cover all important aspects of cooperation among shareholders?
H&P corporate judgment: Abuse of a right and termination of a non-compete clause (February 2025)
In February's judgment (Case No. 27 Cdo 1236/2024), we delve into the abuse of a right concerning the termination of a non-compete clause. The case specifically examined the relationship between a board member and a joint-stock company, governed by an agreement on the performance of office. Under th
JOINT VENTURE | POINT ONE | Memorandum of association: The key to successful collaboration between shareholders
Starting a business involves significant pitfalls, one of which is properly setting up the memorandum of association. What should it contain so that it is drafted well from the very beginning, and comprises everything it needs and at the same time prevents conflicts and disagreements between the sha
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