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Date: 29 th June 2015 By: Brigitte Vanatova

Czech Dutch Business Forum followed by B2B meetings on the occasion of a visit of Mr. Lubomír Zaorálek, Minister of Foreign Affairs of the Czech Republic, to the Netherlands. Date: 29 th June 2015 By: Brigitte Vanatova.

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Date: 29 th June 2015 By: Brigitte Vanatova

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  1. Czech Dutch Business Forum followed by B2B meetings on the occasion of a visit of Mr. Lubomír Zaorálek, Minister of Foreign Affairs of the Czech Republic, to the Netherlands Date: 29th June 2015 By: Brigitte Vanatova

  2. PROGRAMME1. DKVA introduction 2. Legal issues 3. Recommendations for Czech companies

  3. 1.1 DKVA Introduction DKVA is an abbreviation of De Koning Vergouwen Advocaten Medium-sized law firm with 30 lawyers Based in Amsterdam Everyone is always welcome to our firm: for advice, legal proceedings, contracts, litigation et cetera…. We have never been surprised by any of our clients’ requests for help and advice

  4. 1.2 DKVA Introduction All relevant legal services for companies and private individuals are provided One stop shop for all matters important to Czech clients A very special relationship with the Czech Republic in general and the Czech Embassy in particular Czech companies can be served in their own language !

  5. 2.1 Legal issues There are many issues…… for example: Major changes in labour law as of 1st July 2015 Incomplete contracts / no contracts (emails or oral agreements) Letters of intent General terms of conditions Applicable law & Competence of the Czech / Dutch courts Attachment of assets (clarified on the next sheet)

  6. 2.2 Legal issues Attachment of assets: Foreign businessmen and lawyers are surprised by how easily attachment of assets is granted in the Netherlands Anyone who submits a claim with the court, can simply receive a pre-judgment (the same day) to seize assets of the other party The other party does not have to be informed prior to this legal action Suddenly the other party is confronted with disruption of the running of its business or the personal life

  7. 2.3 Legal issues Different types of pre-judgment attachments exist Pre-judgment attachment where the attachment secures a monetary claim is the most common It is possible to attach debtor’s assets, such as vehicles, goods, real estate, plot of land, bank accounts et cetera Attachment of bank account: This is called a third-party attachment How to end the attachment on the assets? 1) provide bank guarantee or 2) terminate a pre-judgment (legal proceedings)

  8. 3. Recommendations Draft a proper contract / general terms and conditions Avoid any obligations in letter of intent Get in touch quickly with your bank if a bank guarantee must be provided Call the Czech Embassy for help

  9. Thank you for you attention De Koning Vergouwen Advocaten (DKVA) Brigitte Vanatova Sophialaan 33 1075 BL Amsterdam, The Netherlands Phone: +31206762500 Mobile phone: +31645520644 Email: vanatova@dkva.nl

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