Former Clifford Chance Of Counsel Tomas Richter has moved to JSK in Prague as the firm's new Head of Restructuring and Insolvency.

Van Campen Liem has advised ARX Equity Partners on its acquisition of Promens Zlin from Berry Global. The Prague office of Squire Patton Boggs reportedly advised ARX on Czech aspects of the acquisition, and DLA Piper reportedly advised Berry Global.

RTPR and Havel & Partners have advised Hungarian facility manager B+N Referencia Zrt. on its acquisition of the ISS Group’s subsidiaries in the Czech Republic, Slovakia, Romania, and Hungary. Havel & Partners acted as Czech counsel to the buyer.

Allen & Overy has advised Czech Gas Networks Investments S.a r.l on its successful issuance and placement of EUR 500 million notes with investors on international capital markets.

The protection of whistle-blowers concerns persons who report the abuse of rights, illegal activity, corruption or other damage to public interests, which they found out about in the course of their work.

JSK, working in cooperation with solo practitioner Daniel Marousek, has advised TGA Holding on the sale of Znacky Morava and its Grames and Silverton affiliates to CIDEM Invest. Hladky Legal advised CIDEM invest on the deal.

Havel & Partners has advised Sebre, Havel & Partners' Managing Partner Jaroslav Havel, and Sebre Managing Director Jan Kubicek, on the joint acquisition of a 50% shareholding in SousedeCZ, a company operating an online platform for digital communication of homeowner associations in residential buildings, from entrepreneurs Tomas Holomoucky and Tomas Sikora.

The most substantial changes to the BCA (effective as of 1.01.2021) will be:

Havel & Partners has successfully represented Apple in a dispute with the President of the Czech Republic's Industrial Property Office involving the trademark for the company's "Think Different" slogan in the Czech Republic.

Noerr has advised facility services provider ISS on the divestment of its main subsidiaries in the Czech Republic, Slovakia, Romania, and Hungary to Hungarian facility management company B+N Referencia Zrt. Havel & Partners advised B+N Referencia on the transaction, which remains contingent on regulatory approval.

Glatzova & Co has advised the shareholders of composite wood producer WPC-Woodplastic on the sale of a majority stake in the company to the investment group M.L. Moran. Samak reportedly advised M.L. Moran on the deal.

New Act No. 37/2021 Sb. on the Register of Beneficial Owners (“ARBO”) will enter into force on 1 June 2021 in the Czech Republic. In contrast to the current legislation, the ARBO introduces significant sanctions for a breach of the obligations it imposes, including fines up to CZK 500,000 or invalidation of voting rights and the right to dividends.

White & Case and De Brauw Blackstone Westbroek have advised CTP B.V. on its initial public offering and listing of its shares on Euronext Amsterdam. Nestor Nestor Diculescu Kingston Petersen advised CTP on Romanian legal matters. Clifford Chance's London, Paris, and Amsterdam offices advised the underwriters on the deal. 

Dentons has advised Czech airline Smartwings on its out-of-court restructuring and CZK 2 billion financing from UniCredit Bank, Komercni Banka, Ceskoslovenska Obchodni Banka, and Ceska Sporitelna, which will allow it to continue operating in the wake of the COVID-19 pandemic. White & Case advised the lenders, and Allen & Overy, Holland & Knight, and Norton Rose advised selected lessors on the deal. AK Zizlavsky advised Smartwings on insolvency law aspects.

White & Case has advised European online grocery business Rohlik Group on its receipt of EUR 190 million in an investment round led by Partech and Index Ventures that included the EBRD, J&T Banka, Quadrille Capital, R2G, and existing investor Enern.

Schoenherr and PRK Partners have advised B&B Hotels on the sale of properties in Hungary and the Czech Republic to Primonial REIM. Clifford Chance and Szecsenyi & Partners advised the buyers on the deal, which included a leaseback by B&B Hotels.

CEE Attorneys' Prague office has advised the sellers on the acquisition of SIT by the J&T Thein Sicav investment fund. Solo practitioner Veronika Ordnungova reportedly advised the buyer on the deal.

The Supreme Court confirmed in a recent decision that the court can appoint an insolvency trustee as a liquidator of a legal entity that is being dissolved even without his consent. Under what conditions can the court do so and which insolvency trustee can it appoint?