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CERHA HEMPEL Newsletter March 2021

Keep up to date with the latest legal developments in Austria, Belarus, Bulgaria, the Czech Republic, Hungary, Romania and the Slovak Republic with our CEE newsletter.

AUSTRIA

Recent decision of the Austrian Supreme Court in relation to group of companies

In a landmark decision of 25 November 2020, the Supreme Court issued a ruling that affects several aspects of the corporate governance of groups. Thomas Zivny and Katharina Wilding summarise the recent decision.

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BELARUS

New advertising regulations in Belarus

Sergei Makarchuk outlines in his contribution the key points to consider under the new advertising regulations.

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BULGARIA

Forthcoming amendments to the Bulgarian Protection of Competition Act

Boyko Gerginov sums up the key elements of the proposed amendment to the Bulgarian Protection of Competition Act.

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CZECH REPUBLIC

Major amendment to the Czech Business Corporations Act

On 1 January 2021, significant changes to the Business Corporations Act entered into force. David Kučera and Soňa Panáková give a brief summary of selected changes.

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HUNGARY

Curia judgment on disputed questions regarding direct enforceability

Edina Nagy summarises key issues associated with the addition of enforcement clauses to notarised instruments.

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ROMANIA

European Court of Human Rights holds Romania liable for violating the rights of transgender persons

On 19 January 2021, the European Court of Human Rights issued a judgment in a landmark case that is considered essential for creating a clear legal framework for gender recognition in Romania. The article gives an overview of the matter and decision.

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SLOVAK REPUBLIC

The differences between directors and procuration holders mean they may no longer act jointly on behalf of a company

In a recently issued judgment, a court ruled that it is unlawful for a director and a procuration holder, who have hitherto jointly signed on behalf of the company, to represent the company as it is in conflict with the Slovak Commercial Code. Jozef Bannert summarises the decision and its consequences.

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Download our complete CERHA HEMPEL CEE newsletters:

March 2021

December 2020

September 2020

June 2020

March 2020

December 2019

October 2019

June 2019

March 2019 Special Issue on Real Estate

November 2018

October 2018 Special Issue on Real Estate

July 2018