Dentons Prague Newsletter - Amendment to the Act on Criminal Liability of Legal Entities (Czech)

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On 1 October 2020, an amendment to the Act on Criminal Liability of Legal Entities will enter into force. Among other things, the amendment significantly shortens the period for which the negative consequences of a legal person are convicted and allows legal persons sentenced to a ban on activity, a ban on participation in public tenders and a ban on receiving subsidies and subsidies to shorten the duration of the ban. Below we summarize the fundamental changes to the Act on Criminal Liability of Legal Entities and their significance for practice.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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