Commercial law ranks among the strongest practice areas of drill., as most of our clients are businesses. We have extensive experience in the very topical field of e-commerce, combining it with data protection and IP, so that the client’s business can run smoothly and securely.
Our clients trust our knowledgeable team to provide guidance on their day-to-day business operations as well. Our legal assistance is very diverse – we offer legal advice and solutions in business, as well as on contractual and commercial law issues. One of our strengths is the blend of corporate know-how with broad financing and M&A expertise, as well as knowledge and experience in intellectual property and IT law.
We also assist company shareholders, board members and senior executives with corporate law matters, such as regulatory compliance, obtaining of relevant authorisations and approvals, development and implementation of employee incentive schemes (employee share option schemes), protection of majority or minority shareholders, as well as on matters relating to the duties and responsibilities of board members and corporate governance models.
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The main purpose of the prohibition on financing stated in Article 241 of the Commercial Law is to protect the creditors and minority shareholders of a joint stock company, but in the event of reorganization and reduction of the share capital, they are protected by other provisions of the Commercial Law. Therefore, the reorganisation and reduction of the share capital carried out in accordance with the provisions of the Commercial Law do not preclude the prohibition on financing.