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.

On 5 April 2023, the Government approved a long-awaited amendment to the Labour Code that incorporates several European directives and brings a number of fundamental changes that will affect most employers.The draft amendment will now be discussed in the Chamber of Deputies. If it passes swiftly, which is expected, the amendment could already be mostly effective during the summer holidays.

Clifford Chance has advised lottery operator Allwyn on its EUR 1.3 billion issuance of senior secured notes. Allen & Overy advised the initial purchasers.

BPV Braun Partners has advised Plzensky Prazdroj on its CZK 0.5 billion joint venture with QLS Assets to establish the Pilsner Urquell Experience in Prague. Wilsons advised the investor.

Zdenek Mikulas, Petra Hajkova, and Jiri Cerny have left Samak to establish the Talers advisory group in the Czech Republic.

Kinstellar, working with Advant NCTM, has advised the Italian owner on the sale of Hotel Sovereign in Prague.

According to the national energy mix, only 5.6% of energy was produced by renewable sources in 2021 in the Czech Republic. Most energy was produced by nuclear sources (40.4%) and fossil fuels (54%).

Kinstellar and ODI Law, working with Morgan Lewis London, have advised TAWAL on its bid to acquire the Bulgarian, Croatian, and Slovenian tower assets of the United Group for EUR 1.2 billion. Jadek and Pensa and Bradvica, Maric, Wahl, Cesarec advised the United Group. Paul Weiss and Kambourov and Partners reportedly advised United as well.

Reals has advised J&T Real Estate CZ on the sale of the Red Court office building in Prague to a BlackBird Real Estate group company. Dentons advised the buyers.

BBH has advised the Kaprain Group on its sale of Nej.cz to PPF Group company Cetin.