Commercial law

Commercial status law governs different types of legal entities, such as a limited company, unlimited company, joint stock company, limited partnership as well as private entrepreneurship whose main objective is to make profit (engage in the sale of goods and services). This is also the main difference from private non-governmental organisations whose main aim is not making profit.

Commercial status law is mainly regulated by the Companies Act and also by various other laws such as the Business Register of Slovenia Act, Court Register of Legal Entities Act, Consumer Protection Act, Supportive Environment for Entrepreneurship Act and many other regulations, directives. The essence of commercial status law (at least for setting up a company) is the entry of the company in the business/court register and acquisition of legal personality, which is separate from the owners, shareholders. How separate it is depends on the type of company (limited or unlimited liability).

Commercial law – establishment of companies, management, audit operations, due diligence, contract law and commercial liability

An essential part of the economic development cycle are also various mergers, consolidations and acquisitions by other companies. The states objective is to limit them to avoid negative consequences of different market conditions. Legal counsel on acquisitions, mergers, dissolution represents a range of legal expertise, legal aid and client representation before courts and administrative bodies. In order to assess whether the contract is a commercial one it is often not enough to know if the parties to the contract are companies. Information regarding the type of contract will also be needed.  Thus, a typical commercial contract is a license contract (operating lease, finance lease), service contract, agency contract, etc..

Commercial contract law is one of the fastest emerging types of contract law, because business practice requires a number of different types of contracts with different contract objects, warranties of performance, different rights and obligations of parties, performance responsibilities etc. 

Check also:

Administrative law
Child Abduction
Commercial law
Contract law
Copyright law
Criminal law
Debt Collection Procedure
Debt Collection Procedure
Enforcement Law
Family law
Foreigner's rights
Inheritance law
Insolvency law
Labour disputes
Legalization and Apostille
Mediation
Misdemeanor law
Non-litigious procedure
Property law
Public procurement
Social security law
Status of NGO
Tax law
Tort law
Trademark law