Právní novinky – Page 2 – Haškovcová&Co.

Amendment of the Act on Bonds: Covered bonds, role of security agent and other significant changes

Amendment of the Act on Bonds became effective at the beggining of 2019. The amendment introduces a CRR compliant category of covered bonds and the role of security agent, but also provides for other significant changes applicable to "standard" bonds.

Case Law / Employment Law / Legal Update

Constitutional Court on non-compete clauses: Duration of the competitive act does not affect the contractual penalty.

The Constitutional Court upheld the right of employers to enforce effective contractual penalties in case of breaches of non-compete clauses.

Intellectual Property / Legal Update

New duties for trademark owners

The amendment of the Trademark Acts introduces material changes in the procedure for the settlement of conflicts between trademarks with the effects as of 1 January 2019.

Banking and Finance / Legal Update / Regulatory

MiFID II: Restrictions in the regulation of investment intermediaries

Amendment of the Capital Markets Act introduces material limitations to the business of investment intermediaries.

Category: Legal Update