Recognition of an EU Court Decision in Czech Republic

Recognition of an EU Court Decision in Czech Republic

The Czech Republic is a member of the European Union since 2004 and, due to the fact that Czech is also a Member State of the Hague Convention (including the Apostil Convention and bilateral agreements with some other states member of the EU), the decisions of The European Court are…
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Seizure of Assets in Czech Republic

Seizure of Assets in Czech Republic

In the Czech Republic, the Civil Law provides rules and regulation on the seizure of assets when a debtor is in the incapacity of debt payment. The types of assets that may be the subject to execution are:bank accounts, tangible movable assets, means of transport, immovable goods, other assets such…
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Debt Collection in Czech Republic

The Czech Republic is one of the most stable and economically developed country of the post-Communist states and it scored a growth of over 6% per year, before the recent global economic crisis, which effected several companies and lead to the incapacity of payment and, implicitly, to a growth of…
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