Glatzcova & Co has successfully represented WPB Capital in a dispute against the Czech National Bank.
On June 15, 2018, the Municipal Court in Prague found for WPB Capital, a savings association in liquidation which was challenging the decision of the Czech National Bank to withdraw WPB Capital's license to operate a credit union.
According to the Court, WPB Capital's alleged acquisition of unauthorized assets and violation of exposure limits was not a justifiable reason for withdrawing its permit.
The Glatzova & Co team was led by Partner Libor Nemec and included Junior Associate Filip Murar.
