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Czech Republic and Slovakia
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Legal 500 for 2013 and 2013 (Corporate/M&A and Commercial) and Managing IP (Trademark prosecution).
The alarming increase in "speculative mergers" and the increasingly frequent occurrence of strawmen in commercial companies' management structures has long been seen as a major obstacle on the Slovak market.
The Slovak legislator has further attempted to resolve the issue of the maturity of invoices with a recent amendment of the Commercial Code, which was adopted on 12 October 2017.
In response to the continued progress of technological innovations, and aimed at creating a safe and harmonised market of electronic payments within the EU, the European Parliament and the Council has adopted a new directive 2015/2366 on payment services in the internal market (PSD2 or the Revised Payment Services Directive). It is hoped that this will increase consumer protection and awareness, enhance competition in the market, as well as facilitate the introduction of innovation in the financial services sector.
International law firm Bird & Bird is advising client Secret Escapes, the members-only flash-sale site offering exclusive deals on hand-picked luxury travel, on its largest corporate acquisition to date.
Eight Bird & Bird partners from six jurisdictions have been recognised in this year's ILO Client Choice Awards ceremony which took place on 7 May in London.
Czech Republic & Slovakia