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KSB Advises Lumitrix on JV with Y Soft Ventures

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Kocian Solc Balastic has advised Lumitrix, a video mapping software and hardware start-up developer and producer, on a joint venture with Y Soft Ventures.

Y Soft Ventures investment into Lumitrix amounted to USD 1 million. Video mapping is the audio-visual art of projecting images onto objects, which is largely used in the entertainment industry but also increasingly within the concept of smart cities. 

According to KSB, its advice included "negotiations and drafting the investment and joint-venture agreements, right-of-first-refusal clauses, loan agreements and advice on corporate issues such as general meetings, transfers of shareholdings between shareholders and structuring of shareholdings.” 

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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