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Establishing a real and sustainable energy mix is a crucial task for every democratic state. In addition, any energy mix that has been chosen and put in place may change. Indeed, it has to, if the terms and conditions on which it was established undergo important changes. This, of course, applies in the Czech Republic as everywhere else.

Kocian Solc Balastik has established a new subsidiary: KSB Accounting, which will offer services in the fields of accounting and auditing to businesses operating on the Czech market.

Allen & Overy has advised a consortium of investors managed by Macquarie Infrastructure and Real Assets (Europe) Limited on its EUR 1.8 billion acquisition of a 50.04% stake in Innogy Grid Holding from RWE, making the consortium the sole owner of IGH. Freshfields Bruckhaus Deringer advised RWE on the deal.

CHSH has advised SES Spar European Shopping Centers on its entrance into a joint venture with Czech investors DBK and Proxy Finance regarding the ownership and operation of the Europark Prague shopping center. EPI, a joint venture of DBK Praha and Proxy Finance, acquired a 77% stake in the shopping center from SES, which retains the other 23%. EPI was reportedly advised by Havel & Partners.

After the first industrial revolution, which involved the discovery and use of steam power, the second, which involved the discovery and use of electricity, and the third, which involved the use of electronics and information and communication technologies such as computers, the fourth industrial revolution has now dawned. This one involves the digitization and interconnection of computers, machines, and people. Examples of this new development are cyber-physical systems: Computer-monitored-and-controlled mechanisms, such as vehicle assistance systems, that support drivers in driving or completely replace them altogether (this is known as “Smart Mobility”), thanks to communication and interaction with other vehicles or stationary devices in the vicinity.

The Deal: In May, 2018, CEE Legal Matters reported that Linklaters, Kocian Solc Balastik, the BLC Law Office, Paksoy, and Tsvetkova Bebov Komarevski had provided advice on Czech, English, Georgian, Turkish, and Bulgarian law, respectively, to Energo-Pro a.s. on its EUR 250 million Eurobond issue in London. Allen & Overy, BGI Legal in Tbilisi, Boyanov & Co. in Bulgaria, and Turkey’s Gedik & Eraksoy advised the joint bookrunners, BNP Paribas, Citigroup Global Markets Limited and J.P. Morgan Securities plc, and the Trustee, Citibank, N.A., London Branch.

In The Corner Office we ask Senior and Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time around: “What is the one skill, ability, or characteristic that fresh law school graduates in your country most commonly lack?”

At the moment in Poland entities that facilitate infringements by renting properties and those offering other services used to infringe trademark rights may be held liable. However, in the next few years, the practice of Polish courts with respect to the liability of intermediaries for IP infringements on the basis of CJEU ruling C-494/15 will develop and could significantly change the way in which trademark infringement claims are pursued - due to the introduction of new legal tools into Polish law.

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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