Czech Republic

Welcome to the fifth edition of this publication which has been compiled by the Salans Global Corporate Group comprising experienced lawyers from each of our 22 offices. Previous editions have dealt with: the establishment of companies and partnerships i ...

Resource Article - global.abi.org - 08/04/2010 - 15:45 - 0 comments - 0 attachments

The Czech government Monday decided to cancel the sale of flag carrier CSA Czech Airlines to a Czech-Icelandic consortium, citing a range of concerns, and will instead continue restructuring the company, Dow Jones reported. The airline's pilots last ...

Daily Headline - global.abi.org - 10/27/2009 - 09:57 - 0 comments

One of the first fallouts, and certainly the largest, from the financial crisis in the Czech Republic came Sept. 22, 2008, when glassmaking group Bohemia Crystalex and Porcela Plus entered bankruptcy proceedings. One year later, Crystalex, one part of th ...

Daily Headline - global.abi.org - 10/02/2009 - 09:21 - 0 comments

Slovakia-based low-cost airline SkyEurope Holding AG, which was struggling to restructure its debts, has filed for bankruptcy, according to an announcement on the Vienna bourse Web site on Tuesday, Reuters reported. The airline, which had started its ope ...

Daily Headline - global.abi.org - 04/21/2010 - 17:31 - 0 comments

Bratislava Airport reported that all its past due claims against Slovak low-cost airline SkyEurope Airlines, unpaid on June 22, have been submitted to the court supervising the airline’s restructuring process, The Slovak Spectator reported. On June 2 ...

Daily Headline - global.abi.org - 08/18/2009 - 10:53 - 0 comments

Strains in pensions systems, in both private and public provision, threaten to turn the financial crisis of the past two years into a social crisis lasting for decades, the Organisation for Economic Co-operation and Development warned on Tuesday. In its ...

Daily Headline - global.abi.org - 04/21/2010 - 17:20 - 0 comments

The International Monetary Fund has corrected an embarrassing error that led to the publication of exaggerated estimates of the external debt levels of crisis-hit eastern European states, the Financial Times reported. In its latest Global Financial S ...

Daily Headline - global.abi.org - 05/07/2009 - 07:45 - 0 comments

The European Union's emergency summit on March 2 to discuss growing protectionism is a make-or-break moment for the 27-nation bloc. At stake is its greatest achievement -- the single market for goods, people and capital. A row over France's lat ...

Daily Headline - global.abi.org - 02/13/2009 - 10:14 - 0 comments

EU finance ministers on Tuesday urged coordinated action to tackle the economic crisis, against a backdrop of increasing criticism over French "protectionist" moves in its auto sector, Agence France-Presse reported. With Europe in a growing rec ...

Daily Headline - global.abi.org - 02/11/2009 - 10:21 - 0 comments

Russia's gas price dispute with Ukraine escalated Tuesday, disrupting deliveries to the European Union in the midst of a bitter cold spell, with a number of countries reporting that gas supplies had been suspended or reduced, and Germany predicting ...

Daily Headline - global.abi.org - 04/13/2010 - 15:29 - 0 comments