Are you unsure whether a takeover bid is required when a controlling interest in a company is transferred to a trust? The Czech National Bank (CNB) has issued a clarifying statement on this issue.

The Czech Republic has recently implemented new regulations for crypto-asset service providers, marking a significant step in aligning its legal framework with European Union standards. The Act on Digitalisation of the Financial Market (ZDFT), effective as of 15 February 2025, introduces comprehensive rules for the rapidly evolving digital finance sector. This article delves into the main features of the new law, its practical implications, and the specifics of the Czech regulation in the area of digital finance and crypto-assets.

Former Metrostav in-house Counsel Hana Nevralova has joined JSK as a Partner. At the same time, the firm elevated former Managing Associate Daniel Pospisil to its partnership ranks as well.

As we step into the new year, we often look forward rather than back. However, to ensure you don’t miss anything important, we’d like to remind you of significant updates.

If you manage an alternative fund under Section 15 of the Czech Act on Investment Companies and Investment Funds (ZISIF), you will need to comply with new legislation by 31 December 2024. Every manager will be required to amend the name of their company to include the term "venture capital entity", while the word "fund" must be removed.

A creditor has forgiven part of a debtor's debt on the condition that the debtor will make every effort to avoid insolvency and repay at least the remaining, unforgiven part. However, the creditor also set a resolutive condition: if the debtor were to become insolvent (i.e. the court declared it bankrupt), the debt forgiveness agreement was to be void from the outset and the debtor would be obliged to repay the debt in full.

The long-standing dispute between Illumina/GRAIL and the European Commission has now ended. The Court of Justice has set definitive limits on the broad interpretation of Article 22 of Council Regulation No. 139/2004 on the control of concentrations between undertakings.

JSK has advised PRE Group on its acquisition of SolidSun Group. Solid Legal reportedly advised the SolidSun Group.

JŠK advised PRE Group on its acquisition of 100% stake in solar power plant supplier SolidSun.

In a recent ruling, the Supreme Court (case no. 27 Cdo 3499/2023) decided that the delivery of a legal act by email to a statutory body of a company is effective from the moment the email reaches the recipient's inbox, even if the recipient has not opened the email or was on vacation at the time.

At the beginning of the week, Apple introduced its latest iPhone 16, which entices customers with the integration of artificial intelligence called "Apple Intelligence."

You may have noticed that there has been a discussion about an amendment to the Act on Protection of Competition in recent weeks. If it passes the legislative procedure, what would it mean in practice?

Have you noticed the latest development in the placement of behavioural advertising? You have basically a binary choice between consenting to the processing of a "complex" bundle of your personal data for behavioural advertising purposes or paying a fee. After paying the fee, you can use the platform without being targeted by behavioural advertising.

JSK has advised Genesis Capital Equity’s GPEF IV fund on its acquisition of a minority stake in Kasper Kovo. Sole practitioner Michal Hruska reportedly advised the seller.

A long-awaited amendment to the Czech Medicines Act came into force on 1 January 2024. What practical impact will it have?

Last year's "digital amendment" introduced many changes to Czech corporate law. But one change that is often overlooked is the amendment to the Czech Public Registry Act.

There has been much discussion about protracted shortages of critical medicines in the Czech Republic over the last couple of months. Many national measures have been adopted. At the European Union level,the Voluntary Solidarity Mechanism for medicines has been put in place.

JSK has advised the Genesis Private Equity Fund IV on its acquisition of STT Servis in the Czech Republic alongside some of the company's management. Wolf Theiss reportedly advised the sellers.