Local competence in proceeding for judicial sale of the collateral
Amendment to Act no. 292/2013 Coll., on special judicial proceedings (hereinafter referred to as "the Law"), amended local jurisdiction in proceedings for judicial sale of collateral; the change takes effect on May 1, 2015. Under the new section 353a of the Law it is the general court of the debtor which shall be competent in proceedings for judicial sale of the collateral; in case real estate is sold, the competency shall fall on the court in the district of which the collateral is located. The law amendment returns to principles of competency which were effective until December 31, 2013.