Janka Brezaniova and Ivana Menhartova have been to Partner at Taylor Wessing in Prague.
Glatzova & Co has assisted Maxi-Tip Finance with its preparation of a bond issuance totalling CZK 250 million. The Czech National Bank approved the prospectus for this issuance on June 27, 2019.
Dentons has advised a South Korea's Hana Financial Investment, represented by the Mint Investments Group, on its acquisition of the Main Point Pankrac office building in Prague, from Aceur Investment S.A. PRK Partners advised Aceur.
Moscow lawyers Nadia Goreslavskaya and Marina Tokunova, Prague lawyer Milena Hoffmanova, and Vienna lawyer Lukas Feiler have been promoted to partner at Baker McKenzie as part of the firm's global round.
Eversheds Sutherland Czech Republic Partner Jan Krampera has been appointed a new arbitrator of the Arbitration Court of the Czech Chamber of Commerce.
Clifford Chance Prague has advised CTP, an industrial developer in the CEE region, on a EUR 1.9 billion underwriting package agreement with Erste Group Bank AG, Ceska Sporitelna a.s., Societe Generale S.A. and Komercni Banka a.s., and UniCredit S.p.A. and UniCredit Bank Czech Republic and Slovakia a.s.
Glatzova & Co. has advised Czech investment group Pale Fire Capital on its acquisition of a majority stake in auction portal operator Aukro. The value of the deal is reportedly over CZK 100 million. Kubica Zajic & Partneri reportedly advised Aukro.
CMS has advised Arthur J. Gallagher on the acquisition of a minority stake in in Czech Republic-based Renomia. Glatzova & Co advised Renomia on the sale.
Randa Havel Legal — the Czech office of the Act Legal network — has advised Jufa Investment Group on its acquisition of five solar parks, with a total capacity of 12 MW, from Eques Fotovoltaica. The total value of the transaction, including bank financing, reached approximately one billion crowns. Eversheds Sutherland Dvorak Hager advised Eques Fotovoltaica.
In June, Tomas Prochazka was appointed Partner at Eversheds Sutherland in the Czech Republic and head of the office's Labor Law team.
In February 2019 the Ministry of Justice of the Czech Republic submitted a bill that aims to provide whistleblowers credible tools to report illegal conduct in the workplace and protect them against potential reprisals. The bill also introduces new duties for many employers.
“The main thing right now is the upcoming amendment to Act on Corporations,“ starts Kinstellar Partner Tomas Cihula, describing the situation in the Czech Republic. “The Parliament is considering proposals which seek to clarify some parts of the current legislative framework and that aim to ease the regulatory burden companies are facing.“ Cihula said that this overhaul was met with “approval from the business sector.“
Glatzova & Co has advised the Pale Fire Capital investment group on its acquisition of 55 percent of shares in the Czech Aukro.cz business portal from Agora Development, Equity Partners, and Ladislav Chodak for an undisclosed price. The sellers were reportedly advised by Kubica Zajic & Partners. The remaining 45 percent of Aukro.cz is owned by Leverage Technology, reportedly advised by solo-practitioner Ondrej Kolar.
Kinstellar has helped Carvago, a Czech start-up in the used car sector, establish a company and set up its online platform.
Masek, Koci, Aujezdsky has advised Livesport on its acquisition of Tapito, a tech start-up news application company, from O2 subsidiary Bolt Start Up Development. Financial details were not disclosed.
JPM, Clifford Chance, and Kocian Solc Balastik have advised Pepsico and Karlovarske Mineralne Vody on the acquisition of Knjaz Milos, a producer of mineral water and soft drinks in the countries of former Yugoslavia, from Mid Europa Partners. Karanovic & Partners advised the sellers.
CMS has advised Kiwi.com regarding General Atlantic’s strategic investment in it. Kiwi.com co-founders Oliver Dlouhy and Jozef Kepesi will remain significant shareholders and continue to lead the company. Terms of the deal were not disclosed. DLA Piper also provided legal advice to Kiwi.com while Weil, Gotshal & Manges acted as counsel for General Atlantic.
Daniela Kozakova has joined the Siroky Zrsavecky law firm to lead its Art Law team.