Weinhold Legal has provided Czech and Slovak assistance to Henry Schein, which the firm describes as "the world's largest provider of health care solutions for office-based dental and medical professionals," in relation to the spin-off of the company's animal health business.
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.
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.
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.