{"id":62824,"date":"2024-03-22T15:48:26","date_gmt":"2024-03-22T06:48:26","guid":{"rendered":"https:\/\/monolith.law\/cs\/?p=62824"},"modified":"2024-03-31T13:25:04","modified_gmt":"2024-03-31T04:25:04","slug":"nursing_care_ma","status":"publish","type":"post","link":"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma","title":{"rendered":"Kl\u00ed\u010dov\u00e9 sch\u00e9maty a jejich rozd\u00edly v M&amp;A japonsk\u00fdch poskytovatel\u016f p\u00e9\u010de"},"content":{"rendered":"\n<p>Oblast p\u00e9\u010de o seniory je oblast\u00ed, kde p\u0159evl\u00e1daj\u00ed mal\u00ed podnikatel\u00e9 a kde doch\u00e1z\u00ed k intenzivn\u00ed konkurenci za\u0159\u00edzen\u00ed pro seniory, zejm\u00e9na po novelizaci z\u00e1kona o zaji\u0161t\u011bn\u00ed stabiln\u00edho bydlen\u00ed pro star\u0161\u00ed osoby (Heisei 23, 2011) a dal\u0161\u00edch faktor\u016f, jako je chronick\u00fd nedostatek pracovn\u00edch sil, zvy\u0161uj\u00edc\u00ed se n\u00e1klady na n\u00e1bor zam\u011bstnanc\u016f a pravideln\u00e9 t\u0159\u00edlet\u00e9 revize odm\u011bn za p\u00e9\u010di. Zvl\u00e1\u0161t\u011b aktivn\u00ed jsou v t\u00e9to oblasti f\u00faze a akvizice (M&amp;A) prov\u00e1d\u011bn\u00e9 velk\u00fdmi podniky.<\/p>\n\n\n\n<p>Typick\u00fdm p\u0159\u00edkladem M&amp;A v oblasti p\u00e9\u010de o seniory je situace, kdy vlastn\u00edk za\u0159\u00edzen\u00ed prod\u00e1v\u00e1 sv\u016fj podnik kupuj\u00edc\u00edmu. Nicm\u00e9n\u011b, zp\u016fsob, jak\u00fdm by m\u011bl b\u00fdt tento prodej proveden, vy\u017eaduje pe\u010dliv\u00e9 zv\u00e1\u017een\u00ed na z\u00e1klad\u011b konkr\u00e9tn\u00edho p\u0159\u00edpadu. Je t\u0159eba zv\u00e1\u017eit nejlep\u0161\u00ed \u0159e\u0161en\u00ed pro dan\u00fd p\u0159\u00edpad, a\u0165 u\u017e jde o p\u0159evod podniku, rozd\u011blen\u00ed spole\u010dnosti, f\u00fazi nebo prodej akci\u00ed prod\u00e1vaj\u00edc\u00ed spole\u010dnosti.<\/p>\n\n\n\n<p>V tomto \u010dl\u00e1nku vysv\u011btl\u00edme hlavn\u00ed sch\u00e9mata M&amp;A pro za\u0159\u00edzen\u00ed p\u00e9\u010de o seniory a poskytneme p\u0159ehled o ka\u017ed\u00e9m sch\u00e9matu.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Prevod_%E2%80%9Ecasti_podnikani%E2%80%9C_jako_predmetu_M_A\" title=\"P\u0159evod \u201e(\u010d\u00e1sti) podnik\u00e1n\u00ed\u201c jako p\u0159edm\u011btu M&amp;A\">P\u0159evod \u201e(\u010d\u00e1sti) podnik\u00e1n\u00ed\u201c jako p\u0159edm\u011btu M&amp;A<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Co_je_prevod_podnikani\" title=\"Co je p\u0159evod podnik\u00e1n\u00ed\">Co je p\u0159evod podnik\u00e1n\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Prevod_podnikani_u_akciove_spolecnosti_a_pravnicke_osoby_provozujici_socialni_sluzby\" title=\"P\u0159evod podnik\u00e1n\u00ed u akciov\u00e9 spole\u010dnosti a pr\u00e1vnick\u00e9 osoby provozuj\u00edc\u00ed soci\u00e1ln\u00ed slu\u017eby\">P\u0159evod podnik\u00e1n\u00ed u akciov\u00e9 spole\u010dnosti a pr\u00e1vnick\u00e9 osoby provozuj\u00edc\u00ed soci\u00e1ln\u00ed slu\u017eby<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Upozorneni_pri_prevodu_podnikani_v_oblasti_pece\" title=\"Upozorn\u011bn\u00ed p\u0159i p\u0159evodu podnik\u00e1n\u00ed v oblasti p\u00e9\u010de\">Upozorn\u011bn\u00ed p\u0159i p\u0159evodu podnik\u00e1n\u00ed v oblasti p\u00e9\u010de<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Spolecnostni_rozdeleni_jako_cil_M_A_pro_%E2%80%9Ccast_spolecnosti%E2%80%9D\" title=\"Spole\u010dnostn\u00ed rozd\u011blen\u00ed jako c\u00edl M&amp;A pro &#8220;\u010d\u00e1st spole\u010dnosti&#8221;\">Spole\u010dnostn\u00ed rozd\u011blen\u00ed jako c\u00edl M&amp;A pro &#8220;\u010d\u00e1st spole\u010dnosti&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Fuze_jako_metoda_M_A_ktera_zahrnuje_%E2%80%9Cvse%E2%80%9D_spolecnosti_nebo_socialnich_sluzeb\" title=\"F\u00faze jako metoda M&amp;A, kter\u00e1 zahrnuje &#8220;v\u0161e&#8221; spole\u010dnosti nebo soci\u00e1ln\u00edch slu\u017eeb\">F\u00faze jako metoda M&amp;A, kter\u00e1 zahrnuje &#8220;v\u0161e&#8221; spole\u010dnosti nebo soci\u00e1ln\u00edch slu\u017eeb<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Prevod_akcii_jako_metoda_M_A_pro_%E2%80%9Ecelou_spolecnost%E2%80%9C\" title=\"P\u0159evod akci\u00ed jako metoda M&amp;A pro \u201ecelou spole\u010dnost\u201c\">P\u0159evod akci\u00ed jako metoda M&amp;A pro \u201ecelou spole\u010dnost\u201c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Shrnuti\" title=\"Shrnut\u00ed\">Shrnut\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/cs\/general-corporate\/nursing_care_ma\/#Predstaveni_opatreni_nasi_kancelare\" title=\"P\u0159edstaven\u00ed opat\u0159en\u00ed na\u0161\u00ed kancel\u00e1\u0159e\">P\u0159edstaven\u00ed opat\u0159en\u00ed na\u0161\u00ed kancel\u00e1\u0159e<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prevod_%E2%80%9Ecasti_podnikani%E2%80%9C_jako_predmetu_M_A\"><\/span>P\u0159evod \u201e(\u010d\u00e1sti) podnik\u00e1n\u00ed\u201c jako p\u0159edm\u011btu M&amp;A<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2024\/03\/Shutterstock_1652423407.jpg\" alt=\"P\u0159evod \u201a\u010d\u00e1sti podnik\u00e1n\u00ed\u2018 jako p\u0159edm\u011btu M&amp;A\" class=\"wp-image-64499\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Co_je_prevod_podnikani\"><\/span>Co je p\u0159evod podnik\u00e1n\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>P\u0159evod podnik\u00e1n\u00ed je metoda, p\u0159i kter\u00e9 prod\u00e1vaj\u00edc\u00ed p\u0159ed\u00e1v\u00e1 \u010d\u00e1st (nebo cel\u00e9) sv\u00e9ho \u201epodnik\u00e1n\u00ed (jako jednotky)\u201c kupuj\u00edc\u00edmu. To znamen\u00e1, \u017ee pokud prod\u00e1vaj\u00edc\u00ed provozuje v\u00edce druh\u016f podnik\u00e1n\u00ed a chce p\u0159ev\u00e9st pouze ur\u010ditou \u010d\u00e1st jako p\u0159edm\u011bt M&amp;A, nap\u0159\u00edklad jin\u00e9 provozovny nebo v n\u011bkter\u00fdch p\u0159\u00edpadech i podnik\u00e1n\u00ed mimo p\u00e9\u010di, je p\u0159evod podnik\u00e1n\u00ed typick\u00fdm p\u0159\u00edkladem situace, kdy je vhodn\u00e9 tuto metodu pou\u017e\u00edt.<\/p>\n\n\n\n<p>P\u0159evod podnik\u00e1n\u00ed nen\u00ed jako \u201ef\u00faze\u201c, kde se p\u0159ev\u00e1d\u00ed ve\u0161ker\u00e1 aktiva a z\u00e1vazky spole\u010dnosti najednou, ale zahrnuje p\u0159evod aktiv a z\u00e1vazk\u016f prod\u00e1vaj\u00edc\u00edho, obchodn\u00edho postaven\u00ed atd. prost\u0159ednictv\u00edm jednotliv\u00fdch smluv. Proto lze \u0159\u00edci, \u017ee p\u0159evod podnik\u00e1n\u00ed je soubor jednotliv\u00fdch kupn\u00edch smluv. Jin\u00fdmi slovy, pokud prod\u00e1vaj\u00edc\u00ed provozuje v\u00edce druh\u016f podnik\u00e1n\u00ed a chce p\u0159ev\u00e9st pouze n\u011bkter\u00e9 z nich kupuj\u00edc\u00edmu, nelze pou\u017e\u00edt sch\u00e9ma jako je \u201ef\u00faze\u201c, ale je nutn\u00e9 pou\u017e\u00edt p\u0159evod podnik\u00e1n\u00ed nebo n\u00ed\u017ee popsan\u00fd zp\u016fsob rozd\u011blen\u00ed spole\u010dnosti.<\/p>\n\n\n\n<p>Souvisej\u00edc\u00ed \u010dl\u00e1nek: <a href=\"https:\/\/monolith.law\/corporate\/ma-business-transfer-merit-demerit\" target=\"_blank\" rel=\"noreferrer noopener\">Vysv\u011btlen\u00ed postupu p\u0159evodu podnik\u00e1n\u00ed M&amp;A \u2013 v\u00fdhody, nev\u00fdhody a na co si d\u00e1t pozor?[ja]<\/a><\/p>\n\n\n\n<p>Proces p\u0159evodu podnik\u00e1n\u00ed se li\u0161\u00ed v p\u0159\u00edpad\u011b akciov\u00e9 spole\u010dnosti a v p\u0159\u00edpad\u011b pr\u00e1vnick\u00e9 osoby provozuj\u00edc\u00ed soci\u00e1ln\u00ed slu\u017eby.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prevod_podnikani_u_akciove_spolecnosti_a_pravnicke_osoby_provozujici_socialni_sluzby\"><\/span>P\u0159evod podnik\u00e1n\u00ed u akciov\u00e9 spole\u010dnosti a pr\u00e1vnick\u00e9 osoby provozuj\u00edc\u00ed soci\u00e1ln\u00ed slu\u017eby<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Nejprve, v p\u0159\u00edpad\u011b akciov\u00e9 spole\u010dnosti je nutn\u00e9 usnesen\u00ed p\u0159edstavenstva nebo zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady.<\/p>\n\n\n\n<p>D\u00e1le, v p\u0159\u00edpad\u011b pr\u00e1vnick\u00e9 osoby provozuj\u00edc\u00ed soci\u00e1ln\u00ed slu\u017eby, Z\u00e1kon o soci\u00e1ln\u00edch slu\u017eb\u00e1ch neobsahuje \u017e\u00e1dn\u00e1 ustanoven\u00ed t\u00fdkaj\u00edc\u00ed se p\u0159evodu podnik\u00e1n\u00ed, tak\u017ee nen\u00ed pot\u0159eba stejn\u00fd proces jako u akciov\u00e9 spole\u010dnosti. Nicm\u00e9n\u011b, je vy\u017eadov\u00e1no, aby z\u00e1kladn\u00ed majetek p\u0159\u00edmo pot\u0159ebn\u00fd pro provozov\u00e1n\u00ed soci\u00e1ln\u00edch slu\u017eeb (nap\u0159\u00edklad nemovitosti pou\u017e\u00edvan\u00e9 jako za\u0159\u00edzen\u00ed) byl uveden ve stanov\u00e1ch, tak\u017ee pokud dojde k jak\u00fdmkoli zm\u011bn\u00e1m v d\u016fsledku p\u0159evodu podnik\u00e1n\u00ed, je nutn\u00e9 zm\u011bnit stanovy.<\/p>\n\n\n\n<p>Zm\u011bna stanov pr\u00e1vnick\u00e9 osoby provozuj\u00edc\u00ed soci\u00e1ln\u00ed slu\u017eby vy\u017eaduje v z\u00e1sad\u011b usnesen\u00ed rady a schv\u00e1len\u00ed guvern\u00e9rem prefektury, a to sam\u00e9 plat\u00ed pro dispozici se z\u00e1kladn\u00edm majetkem, kde je tak\u00e9 pot\u0159eba usnesen\u00ed rady a schv\u00e1len\u00ed guvern\u00e9rem prefektury.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Upozorneni_pri_prevodu_podnikani_v_oblasti_pece\"><\/span>Upozorn\u011bn\u00ed p\u0159i p\u0159evodu podnik\u00e1n\u00ed v oblasti p\u00e9\u010de<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Krom\u011b toho, v p\u0159\u00edpad\u011b podnik\u00e1n\u00ed v oblasti p\u00e9\u010de, kde je b\u011b\u017en\u00e9 z\u00edsk\u00e1v\u00e1n\u00ed majetku pomoc\u00ed dotac\u00ed, je t\u0159eba v\u011bnovat pozornost tomu, zda mezi p\u0159ev\u00e1d\u011bn\u00fdmi aktivy nejsou majetky z\u00edskan\u00e9 s podporou st\u00e1tn\u00edho rozpo\u010dtu. Takov\u00fd majetek je zak\u00e1z\u00e1no pou\u017e\u00edvat v rozporu s \u00fa\u010delem poskytnut\u00ed dotac\u00ed, a proto je v z\u00e1sad\u011b tak\u00e9 zak\u00e1z\u00e1no jej prod\u00e1vat t\u0159et\u00edm stran\u00e1m (kupuj\u00edc\u00edm). V takov\u00e9m p\u0159\u00edpad\u011b je obvykle nutn\u00e9 p\u0159ed p\u0159evodem podnik\u00e1n\u00ed po\u017e\u00e1dat ministra zdravotnictv\u00ed, pr\u00e1ce a soci\u00e1ln\u00edch v\u011bc\u00ed o schv\u00e1len\u00ed dispozice s majetkem. Toto schv\u00e1len\u00ed je nutn\u00e9 z\u00edskat p\u0159ed p\u0159evodem, tedy p\u0159ed proveden\u00edm p\u0159evodu podnik\u00e1n\u00ed, co\u017e znamen\u00e1, \u017ee je t\u0159eba spr\u00e1vn\u011b napl\u00e1novat \u010dasov\u00fd harmonogram vzhledem k cel\u00e9mu procesu p\u0159evodu podnik\u00e1n\u00ed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Spolecnostni_rozdeleni_jako_cil_M_A_pro_%E2%80%9Ccast_spolecnosti%E2%80%9D\"><\/span>Spole\u010dnostn\u00ed rozd\u011blen\u00ed jako c\u00edl M&amp;A pro &#8220;\u010d\u00e1st spole\u010dnosti&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pokud jde o M&amp;A mezi akciov\u00fdmi spole\u010dnostmi, lze vyu\u017e\u00edt sch\u00e9ma spole\u010dnostn\u00edho rozd\u011blen\u00ed, kdy se od prod\u00e1vaj\u00edc\u00ed spole\u010dnosti odd\u011bl\u00ed &#8220;ur\u010dit\u00e9 provozovny (v\u010detn\u011b souvisej\u00edc\u00edch vlastnick\u00fdch pr\u00e1v, pohled\u00e1vek, smluvn\u00edch vztah\u016f atd.)&#8221; a tyto se p\u0159evedou na kupuj\u00edc\u00edho. Pokud se odd\u011blen\u00e1 \u010d\u00e1st stane novou akciovou spole\u010dnost\u00ed, hovo\u0159\u00edme o nov\u00e9m rozd\u011blen\u00ed, pokud se stane sou\u010d\u00e1st\u00ed podnik\u00e1n\u00ed kupuj\u00edc\u00ed spole\u010dnosti, jedn\u00e1 se o absorp\u010dn\u00ed rozd\u011blen\u00ed.<\/p>\n\n\n\n<p>P\u0159evod podniku a spole\u010dnostn\u00ed rozd\u011blen\u00ed jsou, nejen v oblasti p\u00e9\u010de o seniory, ale obecn\u011b p\u0159i M&amp;A mezi akciov\u00fdmi spole\u010dnostmi, \u010dasto porovn\u00e1v\u00e1ny jako dv\u011b &#8220;podobn\u00e9, ale odli\u0161n\u00e9&#8221; metody. Jak je uvedeno v n\u00e1sleduj\u00edc\u00edm \u010dl\u00e1nku, spole\u010dnostn\u00ed rozd\u011blen\u00ed jako organiza\u010dn\u00ed reorganiza\u010dn\u00ed akt podle z\u00e1kona o spole\u010dnostech umo\u017e\u0148uje, \u017ee se majetek a dal\u0161\u00ed prvky p\u0159evedou komplexn\u011b bez souhlasu jednotliv\u00fdch v\u011b\u0159itel\u016f. Proto je stanoveno, \u017ee je nutn\u00e9 v\u011b\u0159itele p\u0159edem informovat o reorganizaci a umo\u017enit jim podat n\u00e1mitky, co\u017e je postup na ochranu v\u011b\u0159itel\u016f.<\/p>\n\n\n\n<p>Souvisej\u00edc\u00ed \u010dl\u00e1nek: <a href=\"https:\/\/monolith.law\/corporate\/business-transfer-company-split\" target=\"_blank\" rel=\"noreferrer noopener\">V\u00fdhody a nev\u00fdhody &#8216;p\u0159evodu podniku&#8217; a &#8216;spole\u010dnostn\u00edho rozd\u011blen\u00ed&#8217;, kter\u00e9 byste m\u011bli zn\u00e1t[ja]<\/a><\/p>\n\n\n\n<p>Zat\u00edmco p\u0159evod podniku je sch\u00e9ma naz\u00fdvan\u00e9 individu\u00e1ln\u00ed p\u0159evod, kdy se p\u0159ev\u00e1d\u011bj\u00ed jednotliv\u00e9 majetkov\u00e9 polo\u017eky, pohled\u00e1vky, smlouvy atd. uveden\u00e9 na seznamu, spole\u010dnostn\u00ed rozd\u011blen\u00ed je sch\u00e9ma naz\u00fdvan\u00e9 komplexn\u00ed p\u0159evod, kdy se majetek a dal\u0161\u00ed prvky p\u0159evedou komplexn\u011b. To znamen\u00e1, \u017ee nen\u00ed nutn\u00e9 znovu uzav\u00edrat pracovn\u00ed smlouvy s zam\u011bstnanci, proto\u017ee pracovn\u00ed smlouvy, kter\u00e9 prod\u00e1vaj\u00edc\u00ed uzav\u0159el s jednotliv\u00fdmi zam\u011bstnanci, jsou automaticky p\u0159evedeny na kupuj\u00edc\u00edho.<\/p>\n\n\n\n<p>Oba postupy maj\u00ed sv\u00e9 v\u00fdhody a nev\u00fdhody a je t\u0159eba br\u00e1t v \u00favahu r\u016fzn\u00e9 aspekty p\u0159i n\u00e1vrhu sch\u00e9matu.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fuze_jako_metoda_M_A_ktera_zahrnuje_%E2%80%9Cvse%E2%80%9D_spolecnosti_nebo_socialnich_sluzeb\"><\/span>F\u00faze jako metoda M&amp;A, kter\u00e1 zahrnuje &#8220;v\u0161e&#8221; spole\u010dnosti nebo soci\u00e1ln\u00edch slu\u017eeb<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2024\/03\/Shutterstock_2169442005.jpg\" alt=\"F\u00faze jako metoda M&amp;A, kter\u00e1 zahrnuje 'v\u0161e' spole\u010dnosti nebo soci\u00e1ln\u00edch slu\u017eeb\" class=\"wp-image-64498\" \/><\/figure>\n\n\n\n<p>Kdy\u017e prod\u00e1vaj\u00edc\u00ed p\u0159ev\u00e1d\u00ed cel\u00fd sv\u016fj podnik na kupuj\u00edc\u00edho, b\u011b\u017en\u011b se pou\u017e\u00edv\u00e1 absorp\u010dn\u00ed f\u00faze, nov\u00e1 f\u00faze nebo p\u0159evod akci\u00ed.<\/p>\n\n\n\n<p>Absorp\u010dn\u00ed f\u00faze (nov\u00e1 f\u00faze) je metoda f\u00faze, p\u0159i kter\u00e9 se pr\u00e1vnick\u00e1 osoba prod\u00e1vaj\u00edc\u00edho, a\u0165 u\u017e akciov\u00e1 spole\u010dnost nebo soci\u00e1ln\u00ed slu\u017eba, zru\u0161\u00ed a v\u0161echny jej\u00ed podniky jsou absorbov\u00e1ny kupuj\u00edc\u00edm. To znamen\u00e1, \u017ee pokud prod\u00e1vaj\u00edc\u00ed provozuje krom\u011b podnik\u00e1n\u00ed, kter\u00e9 je p\u0159edm\u011btem M&amp;A, tak\u00e9 jin\u00e9 podniky, nap\u0159\u00edklad jin\u00e9 provozovny nebo v n\u011bkter\u00fdch p\u0159\u00edpadech i podniky mimo p\u00e9\u010di, pak nejen ur\u010dit\u00e9 provozovny, ale i ostatn\u00ed provozovny a podniky mimo p\u00e9\u010di se stanou p\u0159edm\u011btem M&amp;A.<\/p>\n\n\n\n<p>Absorp\u010dn\u00ed f\u00faze (nov\u00e1 f\u00faze) je mo\u017en\u00e1 mezi akciov\u00fdmi spole\u010dnostmi i mezi soci\u00e1ln\u00edmi slu\u017ebami, ale nen\u00ed mo\u017en\u00e1 mezi r\u016fzn\u00fdmi typy organizac\u00ed, jako jsou akciov\u00e9 spole\u010dnosti a soci\u00e1ln\u00ed slu\u017eby. Kdy\u017e pr\u00e1vnick\u00e1 osoba kupuj\u00edc\u00edho z\u016fst\u00e1v\u00e1 a pr\u00e1vnick\u00e1 osoba prod\u00e1vaj\u00edc\u00edho je absorbov\u00e1na, mluv\u00edme o absorp\u010dn\u00ed f\u00fazi. Kdy\u017e jsou pr\u00e1vnick\u00e9 osoby obou, prod\u00e1vaj\u00edc\u00edho i kupuj\u00edc\u00edho, absorbov\u00e1ny nov\u011b zalo\u017eenou pr\u00e1vnickou osobou, mluv\u00edme o nov\u00e9 f\u00fazi.<\/p>\n\n\n\n<p>U absorp\u010dn\u00ed f\u00faze (nov\u00e9 f\u00faze) mezi akciov\u00fdmi spole\u010dnostmi je pot\u0159ebn\u00fd zvl\u00e1\u0161tn\u00ed usnesen\u00ed valn\u00e9 hromady a u absorp\u010dn\u00ed f\u00faze (nov\u00e9 f\u00faze) mezi soci\u00e1ln\u00edmi slu\u017ebami je pot\u0159ebn\u00e9 schvalovac\u00ed usnesen\u00ed rady. Stejn\u011b jako v p\u0159\u00edpad\u011b p\u0159evodu podniku m\u016f\u017ee b\u00fdt tak\u00e9 pot\u0159eba zm\u011bnit stanovy nebo podat \u017e\u00e1dost o povolen\u00ed.<\/p>\n\n\n\n<p>Specifick\u00fdm probl\u00e9mem v oblasti p\u00e9\u010de je, \u017ee stejn\u011b jako v p\u0159\u00edpad\u011b v\u00fd\u0161e zm\u00edn\u011bn\u00e9ho p\u0159evodu podniku, m\u016f\u017ee b\u00fdt pot\u0159eba podat \u017e\u00e1dost p\u0159\u00edslu\u0161n\u00e9mu \u00fa\u0159adu, \u017e\u00e1dost o povolen\u00ed f\u00faze nebo \u017e\u00e1dost o zm\u011bnu stanov.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prevod_akcii_jako_metoda_M_A_pro_%E2%80%9Ecelou_spolecnost%E2%80%9C\"><\/span>P\u0159evod akci\u00ed jako metoda M&amp;A pro \u201ecelou spole\u010dnost\u201c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pokud je prod\u00e1vaj\u00edc\u00ed akciovou spole\u010dnost\u00ed a p\u0159ev\u00e1d\u00ed cel\u00e9 sv\u00e9 podnik\u00e1n\u00ed na kupuj\u00edc\u00edho, nejjednodu\u0161\u0161\u00edm zp\u016fsobem nen\u00ed \u00fazce definovan\u00e1 f\u00faze \u010di akvizice podle japonsk\u00e9ho z\u00e1kona o spole\u010dnostech (\u4f1a\u793e\u6cd5), ale p\u0159evod akci\u00ed. Akcie jsou fragmentem hodnoty akciov\u00e9 spole\u010dnosti, a proto p\u0159evodem v\u0161ech akci\u00ed je mo\u017en\u00e9 v\u00fdsledn\u011b p\u0159ev\u00e9st cel\u00e9 podnik\u00e1n\u00ed dan\u00e9 spole\u010dnosti. Pokud kupuj\u00edc\u00ed akciov\u00e1 spole\u010dnost z\u00edsk\u00e1 v\u0161echny akcie prod\u00e1vaj\u00edc\u00ed spole\u010dnosti, je mo\u017en\u00e9 vytvo\u0159it strukturu pln\u011b vlastn\u011bn\u00e9 dce\u0159in\u00e9 spole\u010dnosti s kupuj\u00edc\u00edm jako mate\u0159skou spole\u010dnost\u00ed a prod\u00e1vaj\u00edc\u00edm jako dce\u0159inou spole\u010dnost\u00ed.<\/p>\n\n\n\n<p>V tomto p\u0159\u00edpad\u011b nen\u00ed nutn\u00e9 m\u011bnit pr\u00e1vn\u00ed formu ani podnik\u00e1n\u00ed jednotliv\u00fdch pr\u00e1vn\u00edch osob, doch\u00e1z\u00ed pouze ke zm\u011bn\u011b akcion\u00e1\u0159\u016f prod\u00e1vaj\u00edc\u00ed spole\u010dnosti. Proto jsou z\u00e1sadn\u011b nepot\u0159ebn\u00e9 r\u016fzn\u00e9 procedury krom\u011b t\u011bch, kter\u00e9 se t\u00fdkaj\u00ed zm\u011bny akcion\u00e1\u0159\u016f, jako jsou nap\u0159\u00edklad postupy ochrany v\u011b\u0159itel\u016f nebo \u017e\u00e1dosti o povolen\u00ed a schv\u00e1len\u00ed.<\/p>\n\n\n\n<p>D\u00e1le, v p\u0159\u00edpad\u011b soci\u00e1ln\u00edch slu\u017eebn\u00edch korporac\u00ed, kter\u00e9 nemaj\u00ed pojem \u201eakcie\u201c nebo \u201evklad\u201c, se m\u016f\u017ee skute\u010dn\u00fd vlastn\u00edk nebo provozovatel podniku zm\u011bnit zm\u011bnou \u010dlen\u016f rady nebo spr\u00e1vn\u00ed rady, co\u017e efektivn\u011b p\u0159edstavuje \u201eM&amp;A\u201c.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shrnuti\"><\/span>Shrnut\u00ed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Provozovatel\u00e9 pe\u010dovatelsk\u00fdch slu\u017eeb a osoby odpov\u011bdn\u00e9 za f\u00faze a akvizice (M&amp;A), kte\u0159\u00ed zva\u017euj\u00ed p\u0159evzet\u00ed podnik\u00e1n\u00ed prost\u0159ednictv\u00edm M&amp;A, mus\u00ed rozum\u011bt z\u00e1kladn\u00edm obsah\u016fm a rozd\u00edl\u016fm jednotliv\u00fdch sch\u00e9mat.<\/p>\n\n\n\n<p>Av\u0161ak procedury, kter\u00e9 se skute\u010dn\u011b vy\u017eaduj\u00ed, jsou velmi slo\u017eit\u00e9. Krom\u011b toho, v p\u0159\u00edpad\u011b rozs\u00e1hl\u00fdch p\u0159evod\u016f podnik\u016f nebo rozd\u011blen\u00ed spole\u010dnost\u00ed, je nezbytn\u00e9 prov\u00e9st pr\u00e1vn\u00ed, \u00fa\u010detn\u00ed a da\u0148ovou due diligence pro minimalizaci rizik.<\/p>\n\n\n\n<p>Z tohoto d\u016fvodu, pokud se chyst\u00e1te realizovat M&amp;A, doporu\u010dujeme se co nejd\u0159\u00edve poradit s pr\u00e1vn\u00edkem. Co se t\u00fd\u010de da\u0148ov\u00fdch a \u00fa\u010detn\u00edch aspekt\u016f, je b\u011b\u017en\u00e9 po\u017eadovat zapojen\u00ed certifikovan\u00fdch \u00fa\u010detn\u00edch nebo da\u0148ov\u00fdch poradc\u016f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Predstaveni_opatreni_nasi_kancelare\"><\/span>P\u0159edstaven\u00ed opat\u0159en\u00ed na\u0161\u00ed kancel\u00e1\u0159e<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Obor p\u00e9\u010de o seniory je oblast\u00ed, kter\u00e1 je regulov\u00e1na r\u016fzn\u00fdmi z\u00e1kony, jako je Z\u00e1kon o poji\u0161t\u011bn\u00ed p\u00e9\u010de (Japanese Long-Term Care Insurance Law), Z\u00e1kon o soci\u00e1ln\u00edch slu\u017eb\u00e1ch pro star\u0161\u00ed ob\u010dany (Japanese Welfare of the Elderly Law) a Obchodn\u00ed z\u00e1kon\u00edk (Japanese Companies Act). Na\u0161e pr\u00e1vn\u00ed kancel\u00e1\u0159 Monolith m\u00e1 bohat\u00e9 zku\u0161enosti a know-how v oblasti pr\u00e1va souvisej\u00edc\u00edho s p\u00e9\u010d\u00ed o seniory, nebo\u0165 p\u016fsob\u00ed jako poradn\u00ed pr\u00e1vn\u00edci pro V\u0161eobecnou korporaci n\u00e1rodn\u00ed federace poskytovatel\u016f p\u00e9\u010de (Japanese National Federation of Long-Term Care Providers) a pro poskytovatele p\u00e9\u010de v r\u016fzn\u00fdch prefektur\u00e1ch po cel\u00e9m Japonsku.<\/p>\n\n\n\n<p>Specializovan\u00e9 oblasti pr\u00e1vn\u00ed kancel\u00e1\u0159e Monolith: <a href=\"https:\/\/monolith.law\/stockrelatedlaw\" target=\"_blank\" rel=\"noreferrer noopener\">Pr\u00e1vn\u00ed slu\u017eby souvisej\u00edc\u00ed s akciemi a f\u00fazemi a akvizicemi (M&amp;A)[ja]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oblast p\u00e9\u010de o seniory je oblast\u00ed, kde p\u0159evl\u00e1daj\u00ed mal\u00ed podnikatel\u00e9 a kde doch\u00e1z\u00ed k intenzivn\u00ed konkurenci za\u0159\u00edzen\u00ed pro seniory, zejm\u00e9na po novelizaci z\u00e1kona o zaji\u0161t\u011bn\u00ed stabiln\u00edho bydlen\u00ed pro star\u0161\u00ed oso [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":64353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,27],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/62824"}],"collection":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/comments?post=62824"}],"version-history":[{"count":2,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/62824\/revisions"}],"predecessor-version":[{"id":64354,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/posts\/62824\/revisions\/64354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media\/64353"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/media?parent=62824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/categories?post=62824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/cs\/wp-json\/wp\/v2\/tags?post=62824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}