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BPV Braun Partners has advised the Conseq Realitni real estate fund on the acquisition of the A7 Office Center, an administrative and commercial complex in the Holesovice neighborhood in Prague, from Revetas Capital. CMS advised Revetas Capital on the sale.

Read more: BPV Braun Partners and CMS Advise on Conseq Realitni Acquisition of A7 Office Center in Prague

Weinhold Legal has advised the Czech Republic's National Medicines Verification Organization on the launch of a medicine verification system in the country.

Read more: Weinhold Legal Advises on Launch of European System of Medicine Verification in Czech Republic

On January 17, 2019, CEE Legal Matters reported that Finland's Caverion Emerging Markets Oy had sold its Czech subsidiary to KART spol., a member of the CEZ Group. We reached out to Ville Ojanen, Caverion's VP Strategy and M&A, for comment.

Read more: Deal 5: Caverion's VP Strategy and M&A Ville Ojanen on Czech Subsidiary's Sale to CEZ

Dentons has advised the Czech Republic's Sev.en Energy on an agreement to acquire a 50 percent stake in the multinational energy company, InterGen N.V. from the Canadian Ontario Teachers’ Pension Plan. Clifford Chance advised the sellers on the deal, which is expected to close in the next few months, subject to the approval of the relevant EU and Australian authorities.

Read more: Dentons and Clifford Chance Advise on Sev.en Energy Acquisition of Stake in InterGen

On 1 December 2018 the new Insurance Distribution Act (the "Act") became effective in the Czech Republic. It replaces the still effective Act No. 38/2004 Coll., on Insurance Intermediaries and Loss Adjusters, as amended ("IILA"), and implements the plan envisaged by the European Parliament and the Council (EU) Directive 2016/97 on insurance distribution (revised version) ("IDD"), even if a little later than anticipated.

Read more: Czech Republic: Upcoming Changes in Insurance Distribution

Wolf Theiss has advised ALSO Holding AG on its agreement with MCI Euroventures, the majority shareholder of ABC Data S.A., to make a joint tender offer for all publicly-held shares of Warsaw Stock Exchange-listed ABC Data. Baker McKenzie advised MCI and ABC Data on the sale. 

Read more: Wolf Theiss and Baker McKenzie Advise on ALSO Holding Acquisition of ABC Data

In this age of intricate transnational ties, the international business community is placing an ever-increasing emphasis on the swift and economic settlement of disputes. Major arbitral institutions are adopting rules on expedited proceedings, promoting mediation, and/or embracing summary disposition procedures. All these initiatives are focused on managing the process and the taking of evidence: the focal points of procedural efficiency.

Read more: Rules on the Efficient Conduct of Proceedings in International Arbitration 2018

Kinstellar has advised the Helaba bank on financing for the EUR 48 million acquisition of the Florenc Office Center in Prague by Korea’s Shinhan Investment Corp. The sellers, ZFP Investments, were advised by Havel & Partners.

Read more: Kinstellar Advises Helaba on Financing for Korean Company's Acquisition of Prague Office Building

Weinhold Legal has advised Czech insurance broker Renomia, a.s. on its acquisition of a majority stake in IMG a.s. Petros Sedlackova Legal advised the selling shareholder.

Read more: Weinhold Legal and Petros Sedlackova Legal Advise on Renomia Acquisition of Majority Stake in IMG

Glatzova & Co. has advised DRFG Real Estate on its acquisition of three commercial properties in North Bohemia from Czech Property Investments, a.s. (CPI).

Read more: Glatzova & Co. Advises DRFG Real Estate on Acquisition of Commercial Properties in North Bohemia

Schoenherr Prague has advised Finland's Caverion Emerging Markets Oy on the disposal of its Czech subsidiary, Caverion Ceska Republika s.r.o., to KART spol. s r.o., a member of the CEZ Group. The Nemec, Blaha & Navratilova law firm reportedly advised KART on the deal.

Read more: Schoenherr Advises Caverion on Sale of Czech Subsidiary to CEZ Group

Czech lawyer Filip Cabart and Slovak lawyer Juraj Steinecker have been promoted to partner in the Prague and Bratislava offices of Havel & Partners respectively, bringing the firm's partnership to 29.

Read more: Filip Cabart and Juraj Steinecker Promoted to Partner at Havel & Partners

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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