European order for payment
European order for payment procedure simplifies the procedure for recovery ofuncontested civil and commercial claims (i.e. claims where there is no disputeover whether the pecuniary claim is based on sufficient merits of the case)between the Member States. The system introduced by Regulation (EC) No.1896/2006 of 12 December creating a European order for payment procedure shallallow the enforcement of uncontested payments using an EU-wide standardprocedure and avoid the necessity of dealing with unfamiliar legal procedures inforeign countries, since it shall be directly enforceable in all Member States(except for Denmark which opted out) with no further exequatur or procedurerequired. The Regulation comes into force on 12 December 2008.
Other articles
KŠB advises the National Development Bank on the integration of the Czech Export Bank
KŠB advised the National Development Bank (Národní rozvojová banka, a.s.) on the integration of the Czech Export Bank (Česká exportní banka, a.s.) into the NRB group.
When Excessive Prevention Does More Harm Than Good
At the end of 2025, the Supreme Court of the Czech Republic ruled that the preventive retention of traffic and location data under the Electronic Communications Act infringes the rights of the persons whose data is concerned.
KŠB Advises on the Establishment of FIDUROCK Retail Parks Fund SICAV
Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.
