Kinstellar has advised Neuraxpharm Group on the acquisition of Farmax from SVUS Pharma in the Czech Republic, Slovakia, and Hungary. BBH reportedly advised SVUS Pharma on the sale.
Weinhold Legal Advises on Launch of European System of Medicine Verification in Czech Republic
Weinhold Legal has advised the Czech Republic's National Medicines Verification Organization on the launch of a medicine verification system in the country.
Deal 5: Caverion's VP Strategy and M&A Ville Ojanen on Czech Subsidiary's Sale to CEZ
On January 17, 2019, CEE Legal Matters reported that Finland's Caverion Emerging Markets Oy had sold its Czech subsidiary to KART spol., a member of the CEZ Group. We reached out to Ville Ojanen, Caverion's VP Strategy and M&A, for comment.
Dentons and Clifford Chance Advise on Sev.en Energy Acquisition of Stake in InterGen
Dentons has advised the Czech Republic's Sev.en Energy on an agreement to acquire a 50 percent stake in the multinational energy company, InterGen N.V. from the Canadian Ontario Teachers’ Pension Plan. Clifford Chance advised the sellers on the deal, which is expected to close in the next few months, subject to the approval of the relevant EU and Australian authorities.
Czech Republic: Upcoming Changes in Insurance Distribution
On 1 December 2018 the new Insurance Distribution Act (the "Act") became effective in the Czech Republic. It replaces the still effective Act No. 38/2004 Coll., on Insurance Intermediaries and Loss Adjusters, as amended ("IILA"), and implements the plan envisaged by the European Parliament and the Council (EU) Directive 2016/97 on insurance distribution (revised version) ("IDD"), even if a little later than anticipated.
KSB Appoints Drahomir Tomasuk to Partner
Drahomir Tomasuk has been made Partner at Kocian Solc Balastik in the Czech Republic.
Wolf Theiss and Baker McKenzie Advise on ALSO Holding Acquisition of ABC Data
Wolf Theiss has advised ALSO Holding AG on its agreement with MCI Euroventures, the majority shareholder of ABC Data S.A., to make a joint tender offer for all publicly-held shares of Warsaw Stock Exchange-listed ABC Data. Baker McKenzie advised MCI and ABC Data on the sale.
New Noerr Partners in Budapest and Prague
Viktor Fuzi and Petr Hrncir have been promoted to Partner at Noerr in Budapest and Prague, respectively.
Rules on the Efficient Conduct of Proceedings in International Arbitration 2018
In this age of intricate transnational ties, the international business community is placing an ever-increasing emphasis on the swift and economic settlement of disputes. Major arbitral institutions are adopting rules on expedited proceedings, promoting mediation, and/or embracing summary disposition procedures. All these initiatives are focused on managing the process and the taking of evidence: the focal points of procedural efficiency.
Kinstellar Advises Helaba on Financing for Korean Company's Acquisition of Prague Office Building
Kinstellar has advised the Helaba bank on financing for the EUR 48 million acquisition of the Florenc Office Center in Prague by Korea’s Shinhan Investment Corp. The sellers, ZFP Investments, were advised by Havel & Partners.
Weinhold Legal and Petros Sedlackova Legal Advise on Renomia Acquisition of Majority Stake in IMG
Weinhold Legal has advised Czech insurance broker Renomia, a.s. on its acquisition of a majority stake in IMG a.s. Petros Sedlackova Legal advised the selling shareholder.
KSB Successful for Asiana in Unfair Competition Challenge to Student Agency
Kocian Solc Balastik has successfully represented Asiana in a dispute with transportation company Student Agency before the Regional Court in Brno.
Glatzova & Co. Advises DRFG Real Estate on Acquisition of Commercial Properties in North Bohemia
Glatzova & Co. has advised DRFG Real Estate on its acquisition of three commercial properties in North Bohemia from Czech Property Investments, a.s. (CPI).
Schoenherr Advises Caverion on Sale of Czech Subsidiary to CEZ Group
Schoenherr Prague has advised Finland's Caverion Emerging Markets Oy on the disposal of its Czech subsidiary, Caverion Ceska Republika s.r.o., to KART spol. s r.o., a member of the CEZ Group. The Nemec, Blaha & Navratilova law firm reportedly advised KART on the deal.
Filip Cabart and Juraj Steinecker Promoted to Partner at Havel & Partners
Czech lawyer Filip Cabart and Slovak lawyer Juraj Steinecker have been promoted to partner in the Prague and Bratislava offices of Havel & Partners respectively, bringing the firm's partnership to 29.
Katerina Mandulova Moves from CEZ to Deloitte Legal in Prague
Former CEZ lawyer Katerina Mandulova has returned to private practice, joining the Competition law team at Deloitte Legal team in Prague as a Managing Associate.
Miroslav Dudek Joins Partnership at BPV Braun Partners
Miroslav Dudek has been appointed Partner at bpv Braun Partners.
Fine at Five: Dentons Continues to Move Forward
In 2013 the SNR Denton, Fraser Milner Casgrain, and Salans law firms merged into one entity: Dentons. The firm capitalized on its momentum by merging two years later with China’s Dacheng law firm, making it the largest law firm in the world. On the occasion of the firm’s 5th anniversary, CEE Legal Matters reached out to Dentons Partner and Europe Chief Executive Officer Tomasz Dabrowski in Poland and Dentons Partner and Global Vice Chair Evan Lazar in Prague to ask about the first five years and to see what’s next in Denton’s strategy for Europe and CEE.