Monthly Archives: October 2026

Liability of Managing Directors for Company Debts and Damages in Czech Republic

Liability of Managing Directors for Company Debts and Damages in Czech Republic
Liability of statutory body (managing directors, board members etc.) for Debts and for Damages vis-á-vis Company creditors Director Liability of the Statutory Body (Managing Director, Board Member, etc.): Due Managerial Care, Liability for Company Debts and Duties in Insolvency The office of a managing director is not a formality. Anyone who accepts it undertakes to…
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Reimbursement of Legal Costs in Czech Court Proceedings

Reimbursement of Legal Costs in Czech Court Proceedings
Reimbursement of Legal Costs in Court Proceedings: What the Court Awards and How the Amount Is Calculated Reimbursement of legal costs in civil court proceedings works on a simple principle. Each party first bears its own costs. The law, however, requires the unsuccessful party to compensate the successful party for the costs needed to effectively…
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Allocation of Costs for Repairs, Maintenance, and Investments in Jointly Owned Property

Allocation of Costs for Repairs, Maintenance, and Investments in Jointly Owned Property
How Do Co-owners Settle Costs They Incurred for Repairs, Maintenance and Investments in the Shared Property? We described the termination and settlement of co-ownership as a whole in detail in the article Settlement of Co-ownership between Co-owners in the Czech Republic. This article addresses the settlement of costs and proceeds from co-owned real estate between…
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