X Lege: 2014/07, No. 1  rss

Newsletter: X Lege – 2014/07, No. 1
Search Results Total: 7 / Displayed: 1–7

Experience with Regional Airports in Europe

X Lege   28. 7. 2014 Link

This past spring, KŠB partner Jiří Horník took part in an international air transport conference in Bucharest. The topic of his discussion, which you can read more about at www.patria.cz/pravo, concerned the operations of regional airports, which often have to fight for their own survival. Many regional airports rely on state aid, which has become harder to obtain following the introduction of stricter rules. In practice, many airports could wind up in trouble.

Emission Allowances: Like a Boomerang

X Lege   28. 7. 2014 Link

From 2008 to 2012, emission allowances were allocated to electricity producers in the amount determined by the National Allocation Plan. But this originally trouble-free matter may become expensive for the state.

Community Law News

X Lege   28. 7. 2014 Link

The mandates of some former European MPs have stimulated legislative endeavours by Community authorities. Long sought-after rules for public contracts and concessions, and audits of financial statements, were finalized and adopted in the first months of 2014.

Firms Start Using Options Available Under the Recodification

X Lege   28. 7. 2014 Link

Despite a certain cautiousness, according to professor Jan Dědič, a KŠB partner and co-author of the legislation, one can see growing interest in the new legal institutes that are supposed to simplify the lives of firms and their managers.

Transparent to the Bone

X Lege   28. 7. 2014 Link

In March, the European Parliament passed in the first reading an amendment to the original draft AML Directive, which requires Member States to establish registers of legal entities and trust structures in which the end owners and beneficiaries will be listed. The information is to be available to the public. This means that not only major (at least 25%) shareholders but also beneficiaries of private foundations, trusts and similar structures will be disclosed.  KŠB lawyer Vlastimil Pihera comments on the draft as follows:

Are Internet Links Lawful?

X Lege   28. 7. 2014 Link

Hyperlinks are common. But are they lawful if they link to copyrighted documents? The European Court of Justice issued a decision on Internet links for the first time this past February.

Tax Aspects of Profit Share Advances

X Lege   28. 7. 2014 Link

The Corporations Act has brought a lot of positive changes since January. Members of corporations certainly welcome the option to pay profit share advances on the basis of interim financial statements, provided the corporation clearly has enough to pay them and other legal conditions are fulfilled.

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