CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Glatzova & Co has advised Pale Fire Capital and Tomas Kacena on their full sale of Extra Online Media to Burda International CZ. Novalia advised Burda International.
Dentons has advised the shareholders of the Meopta Group on the sale of the company to Carlyle. White & Case and, reportedly, Linklaters and Latham & Watkins advised Carlyle.
Just in time for Children's Day, the dreams of many adult inventors came true!
Former IBM Associate Partner Marcela Kanova has returned to private practice by joining Rowan Legal as a Partner in Prague.
Dentons has advised Komercni Banka and Ceska Sporitelna on a sustainability-linked ESG loan amendment for the 2022 W.A.G. Payment Solutions (Eurowag) multicurrency term and revolving facilities agreement. White & Case advised Eurowag.
Glatzova & Co has advised J&T Bank on a CZK 700 million Trigema Real Estate Finance publicly offered senior secured bond issuance.
On 24 May 2023, the European Commission published "the most ambitious legislative proposal since the inception of EU financial regulation ", as the Commissioner for Financial Services Mairead McGuinnes described the proposal for a directive as regards the retail investor protection rules (Retail Investment Package).
Reals has advised Fio Financial Group's investment company on Fio Real Estate Fund's EUR 31.3 million acquisition of the Rohan Business Center office building in Prague from Reico CS Nemovitostni. Wilsons advised the seller.
The legal environment in the Czech Republic is currently undergoing significant changes, primarily focusing on the implementation of the NIS2 cybersecurity Directive, whistleblowing legislation, tax reform, and class actions, according to Rowan Legal Partner Josef Donat.
Kinstellar has advised the founders of Czech crowdfunding platform Roier on an investment from Jan Blasko and Jiri Wallenfels. Finreg Partners advised the investors.
On May 24, 2023, PRK Partners announced that Yokohama Rubber’s acquisition of Trelleborg Wheel Systems (reported by CEE Legal Matters on April 13, 2022) had closed.
On May 21, 2023, Allen & Overy and Shearman & Sterling announced they are merging into a fully integrated firm: Allen Overy Shearman Sterling – A&O Shearman for short.
Glatzova & Co has advised Vitkovicke Slevarny on restructuring 16 loans – provided by Ceska Sporitelna, CSOB, Komercni Banka, and UniCredit Bank – amounting to almost CZK 600 million in total. Havel & Partners advised the banks.
The European Commission is preparing a new regulation on so-called green bonds, the draft for which is already in its final form and should be approved by the European Parliament shortly. The regulation will allow issuers to issue bonds under the unified designation "European green bond", in exchange for compliance by issuers with certain conditions and obligations related to the financing of their sustainable projects.
Dunovska & Partners has advised Odyssey 44 on a joint project with the RSBC investment group for the acquisition of administrative real estate in Prague.
Havel & Partners has expanded its IP practice with the establishment of H&P Patents, a team specializing in providing industrial property strategy services including patents, utility models, and industrial design protection. H&P Patents will be led by Havel & Partners Partners Robert Nespurek and Ivan Rames.
Glatzova & Co has successfully represented the Kovosrot Group before the High Court in Prague in a legal dispute over the payment of unjust enrichment for the use of land under a railway siding.
Taylor Wessing has advised Trei Real Estate – a real estate venture of the German Tengelmann Group – on the EUR 250 million sale of its Czech and Slovak real estate portfolio to Plan B Investments. Dentons and, reportedly, Havel & Partners advised Plan B Investments.
PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.
PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.
Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.
PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.
Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).
Firm's website: www.prkpartners.com
