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The Czech JSK law firm, the Slovak Majernik & Mihalikova law firm, and Austria's Graf Patsch Taucher have advised ARBES Technologies, a member of the Expandia Group, on its cross-border acquisition of the Slovak software company FINAMIS. The sellers were advised by the Misik law firm.

“The Czech business market seems to be affected by a series of changes in the legal sector that are expected in the near future,” reports Zdenek Tomicek, Partner at CEE Attorneys in Prague. First, he says, the legal system is now preparing to provide for joint legal actions. In addition, a new amendment to the country’s Insolvency Act is creating waves on the market.

Five CEE lawyers — Eleanor Johnson, Tomas Osicka, Piotr Staniszewski, Konstantin Tretyakov, and Marketa Tvrda — are part of Dentons worldwide partnership round, which included 36 lawyers overall. 

On January 2, 2018, CEE Legal Matters reported that Czech pharmacy chain Dr. Max acquired the entire A&D Pharma network in Romania, in a transaction that has been shortlisted for CEE Deal of the Year 2017 in the country. While the transaction awaits approval from authorities, we reached out to Ivo Senkyrik, Head of Group M&A at Dr. Max, to find out how his team made the deal happen.

Rita Ran Pang is a Chinese-qualified lawyer and a member of Kinstellar’s business development team, focussing on the Chinese market. Before joining Kinstellar in Prague, she worked for a Chinese law firm in Shanghai for five years, where she focused on foreign investment, cross-border transactions, merger & acquisitions, and outbound investment.

The old Czech Commercial Code, which dated from 1991, prescribed that one third of the supervisory board of joint-stock companies with more than 50 employees must be elected by the employees. This originally brief regulation became increasingly complex, and by the time the Commercial Code was repealed thirteen years later it included detailed instructions on the matter.

In The Corner Office, we invite Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. Our question this time: “What mistake do young associates commonly make that is most frustrating for you?”

“First of all, I have to say that the legal market and most of the firms are doing quite well right now in the Czech Republic,” says Martin Hrodek, Managing Partner at Baker McKenzie in the Czech Republic, “as the sector did some visible recovering during the past two years.”

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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