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CMS and Schoenherr Advise on Kaupthing’s Sale of Land to Lidl

CMS and Schoenherr Advise on Kaupthing’s Sale of Land to Lidl

Czech Republic
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The Prague office of CMS has advised Icelandic asset manager Kaupthing on its sale of a land plot near the D5 highway near Pilsen to German retail chain Lidl. Schoenherr advised Lidl on the deal.

According to CMS, “the land, with a total area of more than 1,371,000 square meters, is one of the last few consolidated areas in the Czech Republic designated for the development of a prime logistics park and is strategically located just off the D5 highway between Pilsen and the German border.” Furthemore, the firm reported that more than 474,000 square meters of the area can be used for the construction of industrial and logistics space.

CMS's team included Managing Partner Helen Rodwell, Partner Lukas Hejduk, and Associates Tristan O’Connor, Frances Gerrard, Lukas Reichmann, Michal Samek, and Hana Ricankova.

Schoenherr’s team consisted of Partner Martin Kubanek, Attorneys-at-Law Viktor Pakosta and Eva Purgerova, and Associates Lenka Kubicka and Jachym Bem.

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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.

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