The Future of Non-personal Data Usage: The European Commission’s Data Act Proposal
Having access to data is the lifeline for some startups. For innovations that utilise non-personal data, a new proposal from the European Commission could open up further opportunities for innovationā¦ What is the Data Act Proposal? In February 2022, the long-awaited Data Act Proposal was published, setting down new rules on who can use and […]
Unregistered Labour in the Slovak Republic
Unregistered labour (sometimes called illegal labour or the āschwartz systemā) is a work that meets the criteria for dependent work, is performed by any person (e.g. freelancer) for an entrepreneur or a company where such person does not have an employment or other employment-like relationship with the entrepreneur or company (instead, a contract is concluded […]
Convertible Loan vs. Equity Round
1. Direct Entry into the Company Typical for investment rounds at a later stage. The traditional way of entering into a company is to acquire a share. This approach requires the preparation of more extensive corporate documentation, costs more and takes longer. On the other hand, both parties know what they are getting into. Direct […]
GDPR v. CCPA
The General Data Protection Regulation (“GDPR“) and the California Consumer Protection Act 2018 (“CCPA“) have the same objective, which is to guarantee and provide adequate protection to individuals with respect to the processing of their personal data. Both GDPR and CCPA apply to persons who, in the course of providing their services, collect, share or […]
