9.12.2008
News

Controversial resolution of the Supreme Court

The Supreme Court, in its resolution No. 22/2007, addressed the differences between the loan agreement regulated by the Civil Code and the credit agreement pursuant to the Commercial Code. Pursuant to the Supreme Court, the difference is, inter alia, based on the subject of the agreement.

The subject of the credit agreement is expressly “financial means” whereas the subject of the loan agreement is “items determined pursuant to the type, in particular money”. Pursuant to the resolution of the Supreme Court, funds may be provided, for example, in cash, by transfer to an account or by payment of invoices to the debtor’s creditors, whereas money must be taken over by the debtor in cash. When adopting this interpretation, it would thus not be possible to provide a loan by interbank transfer of funds to an account, since such transfer would mean that a credit is provided.

Other articles

9.4.2026
News

KŠB Advises PPF on Landmark Cross-Border Conversion to the Czech Republic

Kocián Šolc Balaštík provided comprehensive legal counsel to the PPF Group in connection with the cross-border conversion of its holding structure from the Netherlands to the Czech Republic. KŠB’s team, led by partner Jan Lasák, played a central role with structuring the reorganisation and preparing the key documentation.

Kocián Šolc Balaštík provided comprehensive legal counsel to the PPF Group in connection with the cross-border conversion of its holding structure from the Netherlands to the Czech Republic. KŠB’s team, led by partner Jan Lasák, played a central role with structuring the reorganisation and preparing the key documentation.

7.4.2026
News

KŠB ranked among the largest law firms in the Czech Republic by Forbes

Kocián Šolc Balaštík has been ranked among the largest law firms in the Czech Republic in the Forbes overview of leading legal practices, based on revenues over the past three years.

Kocián Šolc Balaštík has been ranked among the largest law firms in the Czech Republic in the Forbes overview of leading legal practices, based on revenues over the past three years.

27.3.2026
News

KŠB Ranked in Legal 500 2026

Following our success in last week’s Chambers Europe Guide, we are pleased to confirm our position among the leading law firms in the Czech Republic also in the Legal 500 2026 rankings published by Legal 500.

Following our success in last week’s Chambers Europe Guide, we are pleased to confirm our position among the leading law firms in the Czech Republic also in the Legal 500 2026 rankings published by Legal 500.