Clifford Chance has advised G City Europe – formerly Atrium European Real Estate – on its disposal of the Atrium Palac Pardubice shopping center.

Martin Dohnal has been appointed a Partner at CEE Attorneys, the third member of the firm's Prague office partnership, alongside Lukas Petr and Zdenek Tomicek.

BPV Braun Partners has advised Creditas company UCED on its investment in the expansion of the Prostejov steam power plant in the Czech Republic. PRK Partners reportedly advised the financing bank.

The commercial law team at Eversheds Sutherland in the Czech Republic has selected the TOP 10 case law decisions of 2022.

Schoenherr, working with Luther and Hogan Lovells, has advised the Cargo-Partner Group Holding on its EUR 1.4 billion sale of Cargo-Partner GmbH and 60 other subsidiaries to Nippon Express Holdings. Freshfields Bruckhaus Deringer advised the buyer.

Kocian Solc Balastik has advised the Avant Financial Group on the EU growth prospectuses for two issuances to finance the group's expansion and development.

Eversheds Sutherland has advised the De Dietrich Group on its acquisition of VPS Chlumec.

Eversheds Sutherland has advised Sealed Air Luxembourg on the sale of its stake in Czech Republic-based manufacturer and supplier of packaging materials and solutions Tart.

Governance is primarily covered in the ESRS G1 Business Conduct section of the European Sustainability Reporting Standards framework (ESRS, November 2022 draft). Requirement G1-1 represents one of its six main areas. In this article, we cover the information required for reports under the G1-1 Corporate Culture and Business Conduct requirement.

JSK has advised Sudop CIT on its acquisition of hardware and software infrastructure and services supplier Impromat-Computer. Impromat was reportedly advised by sole practitioner Jiri Nemec.

A rather busy M&A market in the Czech Republic – with the IT, industrial, and energy sectors spearheading economic bustle – will soon face important legislative updates regarding the tax system and labor regulations, according to Kinstellar Partner Karla Rundtova.

Former Eversheds Sutherland Counsel Petra Konecna has been promoted to a Partner position in the firm's Prague office.

In a recent decision, the Supreme Court ruled on the validity of a provision in an agreement on a future agreement and which provided for an "automatic" transfer of the ownership title to the object of the sale if the future agreement was not concluded within a certain period of time. Essentially, both an agreement on a future agreement, which anticipated the subsequent conclusion of the transfer agreement, and a conditional transfer agreement itself were included in one document. The Supreme Court found that such an arrangement did not invalidate the agreement.

Kinstellar has advised S IMMO on its acquisition of three office buildings and a hotel in the Czech Republic – valued at EUR 167.7 million – from the CPI Property Group.

Briza & Trubac lawyers Marta Zavadilova and Barbora Klimesova have been promoted to Partner positions within the firm.

Clifford Chance has advised LCN Capital Partners on the sale-and-leaseback acquisition of a portfolio of 11 car showrooms located in the Czech Republic and Slovakia and the related financing from UniCredit Bank Czech Republic and Slovakia.

Kinstellar has advised Cura Vermoegensverwaltung on its exit from the Arkady Pankrac-ownership joint venture with G City Europe. Clifford Chance reportedly advised G City Europe.

Kocian Solc Balastik has advised Sandberg Capital on its investment in Czech kindergarten management application Twigsee. Peyton Legal advised Twigsee early seed investors – the Jinej fund and Jiri Hlavenka – in the divestment of Jinej's stake.