The topic of this Newsletter follows up to our previous Newsletter issue No. 7 – Recodification, which was devoted to the most significant changes in the area of the contract law and execution of contracts under the new Czech civil law as introduced by the New Civil Code (Act No. 89/2012 Coll., the “NCC”). In this Newsletter, we will particularly address one of the newly introduced institutes - so called pre-contractual liability.
As this institute is a novelty to the Czech legal system and it is something everybody, who will enter into contractual negotiations, may face, we feel that it is useful to look at pre-contractual liability in more details and allow us to introduce to you its basic principles as well as conditions under which it can be enforced and what may be the consequences of its breach.
