In Slovakia, a new Act No. 91/2016 Coll., on corporate criminal liability (the "Act") which introduces the concept of criminal liability of legal entities shall become effective as of 1 July 2016.
Schoenherr, working alongside lead counsel Gleiss Lutz, has advised the New York private equity fund Lindsay Goldberg on its acquisition of the Schur Flexibles Group from Capiton AG and its management. Kirkland & Ellis advised sellers on the transaction, which remains subject to approval by the antitrust authorities. The purchase price was not disclosed.
Z/C/H Legal has advised CEM VISION, a Czech investment company, on its acquisition of a 100% ownership interest in CEMOD-CZ s.r.o., the former home and fashion subsidiary of the 3SI Group in the Czech Republic and Slovakia. The seller was advised by Kinstellar in the Czech Republic and Linklaters in France.
Allen & Overy advised HB Reavis (HB Reavis Group and HB Reavis CE REIF), on the EUR 79 million sale of its four logistics centers in the Czech Republic and Slovakia to Macquarie Group. As previously reported by CEE Legal Matters, White & Case advised the Macquarie Group on the deal.
The latest amendment of the Act on Protection of Competition (the "Amendment") widens the powers of the Slovak Competition Authority (Protimonopolný úrad Slovenskej republiky) (the "Authority") while punishing any coordination of undertakings in a public procurement, public tender or other similar collusive tendering ("bid rigging").
White & Case has advised an investment vehicle advised by Macquarie Infrastructure and Real Assets (MIRA) on its EUR 79 million acquisition of a 132,000 square meter portfolio of four logistics and light industrial assets in the Czech Republic and Slovakia from joint sellers HB Reavis Group and HB Reavis CE REIF fund, each of which held two assets.
Libor Licka holds the dual role of Regional Legal Counsel for ASE and Regional Compliance Officer for Europe East, Baltics & Scandinavia at Schindler, where he is currently responsible for the legal matters of the company in 13 jurisdictions. Slovak in origin, Licka has recently moved back to Bratislava from Schindler’s Vienna headquarters, where he had been based. He talked to CEE Legal Matters about the move and its implications for his role.
This past year has exposed our practice to a number of new challenges. To some extent, this somehow mirrored the relatively more pronounced dynamics of the Slovak economy. Ours is a law office that, owing to its size and experience, has the ability to specialize in individual areas of law, and the preceding year was characterized by a higher number of industry-specific cases compared to the past. In particular, this involved attractive project applications, restructuring and financing cases, and corporate transactions, as well as immovable property and dispute cases.
“The guys in the Central European group were a really collegial group and we really enjoyed what we did and truly felt we were making a difference, and we had good clients, and the results were really gratifying. So it was a very good, unique core group of people who were fully committed to Central and Eastern Europe at a historic time.” – Obie Moore
Women’s Day is behind us, but the subjects of gender equality and equal opportunity are of year-round concern. This, the first part of a special two-part CEE Legal Matters article on women in private practice in CEE, provides the numbers and percentages from leading law firms across CEE, as well as a more thorough snapshot of one representative market. Part II of the report, in the June issue, will pull back the curtain even more, providing feedback and perspectives from lawyers across the region.