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Is it possible under Slovak law for a third party to acquire ownership of our aircraft engines by installing them in their aircraft?
We are an American company operating in the air transport sector. We have signed a lease agreement that allows us to operate an aircraft with a Slovak air carrier. The lease agreement includes a provision where, with our consent, the Slovak operator may remove the engines from the leased aircraft and install them in an aircraft owned by a third party. However, the operator must contractually ensure, even with our consent, that our ownership rights to the removed engines are preserved. This means…
Can one-month notice be agreed for student part-time work?
I am a student and I have entered into an agreement for student part-time work for one year. The agreement states that in the event of termination by the student, the notice period is one month from the first day of the calendar month following the receipt of the notice. I have had agreements for student part-time work before, but I have never come across such a notice period. In my three previous contracts, either nothing was stated about the notice period, or it was 15 days with the period starting from the delivery of the notice. I noticed this when…
When might it be appropriate to repay a loan for another person and how?
My brother is having trouble repaying his loan. In fact, he has problems with his overall ability to manage his finances. He tends to take out more loans than he can pay back, he trusts various friends who convince him to lend them money, and he is willing to go into more debt even though he is having trouble paying back the loans he has. When my parents’ estate was settled, we agreed that the apartment would go to my brother. However, my brother established a mortgage on this apartment to secure his loans. Since he was not repaying the loans, we agreed that the apartment…
What are the consumer’s rights if the retailer fails to remedy the claimed defect within 30 days?
We bought an appliance (washing machine) for our household based on an online order. We did not extend the warranty period, so the normal two-year warranty applies. After a year and a half, the washing machine broke down. After the tedious process of reporting the fault through the seller’s call centre, we contacted a service person who diagnosed the problem and ordered a replacement electronic control panel for the washing machine as they didn’t have one in stock. It is now the 25th day since the fault was reported and the control panel has not yet been delivered. We regularly…
Can we disinherit a mentally ill son on the grounds that he “leads a permanent disorderly life”?
Our 55-year-old son has been a psychiatric patient for more than a decade. In addition to various neuroses, he has been diagnosed with psychotic depression. He is treated at home but is constantly on medication. He has not been able to manage his finances for a long time. He has had a problem with his finances since he was a young man and has lost all his assets, including those of his wife. As a result of our helping him – through loans and and guarantees – we have also suffered a considerable loss of assets.
How to verify client’s address in compliance with Slovak AML Regulations
Being a provider of online financial services in Slovakia, operating under the European single passport license, we are classified as an ‘obliged entity’ under the Slovak AML Act. This requires our adherence to specific AML obligations, including obligation to verify our customers’ addresses. The current interpretation of the Slovak AML Act indicates that this verification process must involve the customer’s identification document (ID) and an additional document, such as a utility bill, to confirm their address. However, in other European Union countries, we utilize more…
How to acquire a duplicate of birth or marriage certificates from Slovakia while being abroad
As Slovak nationals living on a different continent, we do not plan to visit Slovakia soon. However, we need valid duplicates of our Slovak birth and marriage certificates for legal proceedings in our country of residence. We are curious about the speed of obtaining these duplicates if we were to visit Slovakia solely for this purpose. Additionally, we are exploring whether it is feasible to obtain these documents from Slovak authorities while abroad, especially for those unable to visit the Slovak Civil Registry offices in person.
Can employment be terminated during the probationary period verbally and during the employee’s sick leave?
We entered into an employment contract with an employee and negotiated a probationary period in the employment contract. During the probationary period, it became evident that the employee did not have sufficient qualifications and we lacked the capacity to train him. We decided to terminate the employment during the probationary period. Since the employee worked from home, we asked him over the phone to come to work so we could deliver the notice of termination. However, the employee did not return to work and sent us a notice of…
What are the specifics of aircraft leasing and aircraft repossession in Slovakia
Our US corporation has recently expanded by acquiring a new business that leases aircraft to aviation companies in Eastern Europe, including Slovakia. We are looking to understand the specifics involved in such leasing arrangements. This includes the requirements for lease registration, any special terms we should be aware of, US choice of law possibilities, and any stamp duties that need to be paid. Additionally, a critical aspect for us is to know the process for repossession of the aircraft by the lessor or by the mortgagor in cases of…