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Many of us have experienced such a scenario: It’s a beautiful summer. I’m on holiday in Austria. Even before the holiday began, it had become clear that I would have to interrupt it for a meeting in Berlin. When my wife asked me whether this would be the only interruption, I was convinced that I wouldn’t be away for more than one day. It turned out differently. After my return from Berlin, I had to leave our holiday home for another two days. The following week, in which I’d anticipated no business travel, I ended up spending only half a day of it with my family. I had to cancel common (and long-planned) visits of friends, two beautiful (and of course also already paid for) concerts in Salzburg, and I was either travelling for business or on the phone that whole week. 

Clifford Chance's Prague office has advised KKCG Investments AG on the acquisition of a majority stake in AutoCont Group, the largest supplier of information and communication technologies in the Czech Republic and Slovakia. Clifford Chance also advised on the financing of the transaction. Velisek & Podpera advised the sellers on the deal. Financial details were not disclosed.

The commercial legal markets of Central & Eastern Europe didn’t appear automatically. They didn’t develop in a vacuum. They were formed, shaped, and led, by lawyers – visionary, hard-working, commercially-minded, and client-focused individuals pulling the development of CEE’s legal markets along behind them as they labored relentlessly for their clients, their careers, their futures. 

Kinstellar and White & Case have advised BMO Real Estate Partners on the acquisition of the high end department store in Prague occupied by Van Graaf on behalf of investors in its pan-European retail property investment fund. BMO Real Estate Partners acquired the building from Vienna-based MTK Developments. PRK Partners reportedly advised the sellers on the deal.

In The Corner Office, we invite Senior and Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. For this issue, we asked them to describe their least favorite part of their jobs. 

The Prague and Warsaw offices of Noerr have joined the firm's multi-jurisdictional team in advising the electronics manufacturer Luxshare on the financing of the strategic acquisition of ZF Friedrichshafen’s Global Body Control Systems Unit. With this transaction, the group from Hong Kong also took over the Radio Frequency Electronics product line.

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