The authors of this article focused mainly on outlining some of the aspects of the relationship betweenthe financial crisis and contract law in the Czech Republic. Moreover they described some of the mainthe changes in Czech civil law which took place recently. Not only the authors explained the current law, butthey also mentioned the previous regulation. For better understanding, the authors also presented severalprovisions laid down in the new Czech Civil Code, which entered into force on January 1, 2014, regarding thehardship clause in Civil law (“clausula rebus sic stantibus”). Aside from that the authors also paid attentionto the right to compensation for damages under the new Czech Civil Code.
This article is aimed at describing the role of the human rights in the Czech legal order and especiallythe manner in which human rights reflect in the system of the Czech private law. Firstly, the authorsprovide brief description of the bases of the constitutional order in the Czech Republic so that they could explainthe manner in which the constitutional human and basic rights are reflected in private law. For betterunderstanding, the authors presented numerous decisions of the Czech Constitutional Court regarding therole of human and basic rights in the area of civil law. Last but not least, the authors outline the concept ofcompensation for immaterial loss and protection of consumers in the Czech law.