Clifford Chance Prague has provided pro bono assistance to Deník N on the official commencement of its activities.
According to Clifford Chance, "Denik N is a newly established and fully independent Czech online and printed journal, which aims to be dependent on (and accountable to) only its readers. Denik N consists of 40 experienced journalists and is led by Director Jan Simkanic and Editor-in-Chief Pavel Tomasek. It is well supported by the [Czech Republic's] Endowment Fund of Independent Journalism (Nadacni Fond Nezavisle Zurnalistiky) and Dennik N, which already proved itself to be a very successful and highly regarded online journal in Slovakia with almost 30 thousand subscribers. Slovak Dennik N shares with Denik N its very extensive know-how, as well as its branding."
Clifford Chance's lawyers, the firm reports, "advised Denik N on a pro bono basis on the setting up of its entire corporate governance structure, which now guarantees a maximum level of independence from its initial investors, Mr. Jaroslav Horak, Mrs. Silke Horakova, Mr. Martin Vohanka, Mr. Libor Winkler, and Mr. Jan Zirek, who are already known for their philanthropic activities."
The Clifford Chance team in Prague was led by Partner Emil Holub, with Associate Ludvik Ruzicka acting as "executive lawyer." The team also included Junior Associate Zuzana Moravkova and Jana Zakravska.
