The Good, the Bad and the Ugly of the New Corporate Law
Vol.23,No.3(2015)
Abstract
Pages:
205–213
This thesis will analyze the way of reception of trio of legal institutes from foreign jurisdictions to Czech Corporations Act 2012 (ZOK). Specifically, the business judgment rule according to section 51 paragraph. 1 ZOK; insolvency test (wrongful trading) according to sec. 68 ZOK; and a one-tier board model of the public limited company. Proclaimed inspiration from foreign legal systems is the common denominator, but at a closer look, it shows on not entirely consistent legislature approach.
205–213
Author biography
Zdeněk Houdek
Department of Commercial Law, Faculty of Law, Masaryk University, Brno
doktorand
Copyright © 2016 Zdeněk Houdek