Sylvie Sobolova and Christian Blatchford have been appointed Partners at Kocian Šolc Balastik.
KSB has assisted Cypriot company Gramexo PLC on its issuance of discounted certificates in the value of approximately CZK 1.4 billion. Gramexo owns 100% of Rustonka Development s.r.o.— a company established for the construction of a complex of several office buildings with a total area of approximately 37,000 square meters on land formerly occupied by the Rustonka factory in Prague-Karlin.
Kocian Solc Balastik has advised Emerging Europe Properties Fund on the share-sale of WOTEG GWG-Group, owner of the Centro-Ostrava shopping park, to FOCUS Estate Fund — a newly incorporated fund based in Cyprus. The Rutland Jezek Law Office advised the buyers on the deal. The purchase price was not disclosed.
Kocian Solc Balastik has obtained a successful result for the Preol biofuel company in invalid immediate employment termination case before the Czech Supreme Court.
Kocian Solc Balastik is reporting that, at the International Bar Association conference in Washington, firm Founding Partner Martin Solc has been elected President of the IBA — making him the first Central European ever elected to the global organization’s highest post. His new role will take effect on January 1, 2017.
Kocian Solc Balastik has successfully represented the Radio and Television Broadcasting Council (RTBC) before an extended chamber of the Supreme Administrative Court in the Czech Republic, in a case involving the criteria by which a notice from the RTBC can constitute lawful grounds for imposing a penalty.