Tag Archives: PETERKA & Partners

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Economic Measures for Entrepreneurs Proposed by Slovak Government

PETERKA & PARTNERS Slovakia has prepared a brief summary of economic measures aiming to support entrepreneurs and prevent massive layoffs announced by Slovak Government yesterday.

To view the full text, please click HERE.

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Better work-life balance for EU parents and carers

The EU Work – Life Balance Directive, which recently came into force, has the aim of creating a better labour environment, and equality between men and women with regard to labour market opportunities and treatment at work, and thus enabling “the reconciliation of work and family life for workers who are parents or carers”.

EU Work – Life Balance Directive

Directive (EU) 2019/1158 of the European Parliament and of the Council of 20 June 2019 on work-life balance for parents and carers and repealing Council Directive 2010/18/EU (the “Directive”) has come into force, setting a deadline of 2 August 2022 for the transposition of its provisions into the national legislations of the EU Member States.

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NEW AMENDMENTS TO FIFA RSTP REGULATIONS

Based on a cooperation agreement executed between FIFA and FIFPro (the World Players’ Union), in autumn 2017, FIFA amended its Regulations on the Status and Transfer of Players, which has had a substantial impact on contractual relationships between clubs and (professional) football players.

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Taras Utiralov at Legal TMT Forum

Taras Utiralov, Leader of the Information Technologies practice at PETERKA & PARTNERS, took part in a debate about smart contracts and cryptocurrencies at the Legal TMT (Technology. Media. Telecommunications) Forum in Kyiv. The forum was hosted by the Yurydychna Praktyka publishing house on 22 November 2017, and PETERKA & PARTNERS acted as a partner of the event. Mr. Utiralov was a moderator of the debate blockchain, smart contracts and cryptocurrencies.
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PETERKA & PARTNERS leading Czech firm on International Markets for second year in row

We are pleased to announce that PETERKA & PARTNERS advokatni kancelar s.r.o. was the winner of this year’s edition of the 10th Leading Law Firm of the Year competition in the category “Czech Firm on International Markets”. This competition is organized by EPRAVO.CZ, in cooperation with a group of independent advisors who annually evaluate the law firms operating on the Czech market. Being awarded in this category for the second year in a row is a great success and we deeply appreciate the award, as we do the recognition and recommendations of PETERKA & PARTNERS in other categories of the competition: Intellectual Property, Criminal Law, Employment, Antitrust and Competition, Banking and Finance and Tax, and the firm was highly recommended in the category of Sport Law.

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New ICC Rules for 2017 and beyond

The International Chamber of Commerce (ICC) has adopted new rules for arbitration, which became effective as of 1 March 2017. The amendment aims to make arbitration more efficient, transparent and less expensive. See the leaflet of our Litigation and Insolvency practice.

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PETERKA & PARTNERS Newsletter

PETERKA & PARTNERS has prepared a special Newsletter dedicated to the legal developments affecting business in Central and Eastern Europe. Similarly to previous editions, the Newsletter includes the following sections:
· legal news
· tax news
· news from PETERKA & PARTNERS The Newsletter covers all of the jurisdictions in which PETERKA & PARTNERS has offices: the Czech Republic, Slovakia, Ukraine, Bulgaria, Russia, Poland, Romania, Belarus and Hungary.

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New Membership: Czech Compliance Association

PETERKA & PARTNERS has become a member of the Czech Compliance Association (Česká Compliance Asociace) with effect as of 5 October 2017. The Czech Compliance Association is a group of corporations, institutions and individuals who are convinced that compliance with ethical and legal standards is an obligatory part of the effective corporate governance of corporations and public institutions. Further, the association wishes to help lead shareholders and managers of corporations, compliance professionals, and leaders of public institutions to an understanding of the function of compliance procedures in connection with corporate governance and also to a strengthening of professionalism and reputation through compliance programmes. PETERKA & PARTNERS has a regional compliance group covering all of our offices and wishes to use this platform to create a dialogue with its partners and exchange experience in the field.

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Continuing EU Trade Mark Reform – Codification & Detailed Procedures

The biggest reform in European Union trade mark law in more than twenty years (“EUTM Reform”) is almost here. As you might recall, EUTM Reform began back in 2009 and has already resulted in several new European acts modernizing and harmonizing the laws of EU and Member States. However, some of the adopted legislative amendments were to enter into force at a later stage, or required subsequent transposition into the local laws of Member States, or even provided for the adoption of secondary legislation in the near future.

Within the last couple of months, three new European regulations covering the topic were adopted, and will enter into force in just a few days – on 1 October 2017. On the same date, certain legislative amendments will also become applicable, that although adopted earlier were “pushed back” till a later stage. Therefore, we will briefly focus on the new legislative acts and on those of the postponed amendments which in our opinion are among the ones having the most significant practical effects.

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What will the tax authorities learn?

Automatic Exchange of Financial Account Information among tax authorities worldwide applies to 2016 data 

Today, 108 jurisdictions, including many tax havens (the British Virgin Islands, the Cayman Islands, Gibraltar, Guernsey, the Isle of Man, Liechtenstein, Seychelles, etc.), participate in the automatic exchange of financial account information. The sharing of data on capital gains, account balances, income from the sale of financial instruments and data on the beneficial owners of passive entities (for the year 2016 already) will aid in the effective verification of income tax returns and improve tax transparency. Consequently, tax authorities will no longer have to rely only on spontaneous exchanges of data or journalists revealing secret information and causing scandals the likes of the Panama Papers. 

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