CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Clifford Chance has advised Ceskoslovenska Obchodni Banka, alongside Raiffeisenbank, UniCredit Bank Czech Republic and Slovakia, and the Prague branch of Vseobecna Uverova Banka, on the club financing of Ceska Posta's existing indebtedness and ongoing business needs. Havel & Partners and Wolf Theiss reportedly advised on the financing as well.
European industry is going through a period of fundamental change. Rising (not only) energy costs, the pressure of global competition and, above all, new public expectations and the requirements of EU environmental regulation. All of these factors are putting pressure on the current EU industrial environment, which is looking for new ways to optimise production processes, reduce costs and meet regulatory obligations.
Havel & Partners has advised Arriva on a purchase agreement with Skoda Transportation for the delivery of 22 new railway units.
EU Member States are required to transpose the European Consumer Credit Directive (CCD 2), effective since October 2023, into national legislation by November 2025, with the new regulations expected to come into force on 20 November 2026. The CCD 2 aims to harmonise the fragmented regulations across Member States, eliminate legal uncertainty surrounding new credit products and strengthen consumer protection.
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Glatzova & Co, working with Monereo Meyer Abogados, has advised Rouvy on its acquisition of Spanish company Bkool.
Dentons has advised the founders of Adastra Group on the sale of a majority stake in the company to global investment firm Carlyle. Clifford Chance, working with Latham & Watkins and Ropes & Gray, advised Carlyle.
Allen Overy Shearman Sterling has advised the global coordinators on the EUR 2.15 billion senior financing for Allwyn.
Reals has advised UniCredit Bank CZ & SK on the acquisition financing, refinancing, and reconstruction funding of three Albert hypermarkets. Giese & Partners advised Helaba on the refinancing of one of the hypermarkets.
Glatzova & Co has advised the Jan Hotels group on its acquisition of the four-star Pentahotel Prague, located in the Karlin district of the Czech capital.
Havel & Partners has advised OMV Group on an electric mobility joint venture with Prazska Energetika. Krutak & Partners advised Prazska Energetika.
Czech insolvency law provides multiple options for resolving corporate insolvency. Alongside liquidation and reorganisation—which aim to wind down or rehabilitate a business—the law also offers preventive restructuring tools. These early intervention mechanisms allow a company to address temporary financial difficulties without initiating formal insolvency proceedings.
Reals has advised Upvest on the mezzanine financing of Crestyl’s Semerinka residential development in Prague. Dentons reportedly advised Crestyl.
Rowan Legal has advised CasInvent Pharma on the successful closing of a new investment round. Kristyna & Mikulas advised i&i Prague and Havel & Partners advised the Holecek Family Foundation as the investors. Hladky Legal reportedly advised other investors.
Kinstellar has advised Accolade on its acquisition of the Garbe Park industrial site from Garbe Industrial Real Estate, marking the company’s entry into the South Bohemian region. CMS advised Garbe.
Peterka Partners is celebrating its 25th anniversary this year, and the firm recently marked a new chapter with the opening of a new office in Ljubljana, Slovenia, followed by the launch of a second office in Poland in Rzeszow. Founder and Managing Partner Ondrej Peterka and Head of the Slovenian office Pia Florjancic Pozeg Vancas talk about the strategic importance of opening a branch in Slovenia and what lies ahead.
Radovan Hrisny has joined Havel & Partners as Security Director.
Wolf Theiss has advised Sibelco Group on its acquisition of Envy Recycling, SPL Recycling, SPL Servis, and CEEK.
PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.
PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.
Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.
PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.
Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).
Firm's website: www.prkpartners.com
