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?”
KSB has advised Skoda Auto DigiLab on its HoppyGo project, a car-sharing application developed by CreativeDock, which brings car owners together with drivers who want to rent a vehicle. The seller was advised by Novalia.
Kocian Solc Balastik has advised Czech game development studio Warhorse on the initial crowdfunding for the launch of its "Kingdom Come: Deliverance" video game and on legal aspects of the game’s development, including licensing arrangements with external software developers.
Kinstellar has advised B2 Kapital on the acquisition of the EUR 119 million unsecured retail nonperforming loan portfolio from Moneta Money Bank.
Wolf Theiss has advised Munich RE Group on the sale by its ERGO Group AG subsidiary of its legal protection subsidiary DAS Switzerland and the legal protection insurance portfolios of DAS Luxembourg and DAS Slovakia to the Allianz Group. Switzerland's Homburger AG and Luxembourg's Arendt & Medernach SA law firms worked alongside Wolf Theiss. White & Case and Binder Groesswang advised the Allianz Group.
Czech lawyer Erik Kolan has become the seventh partner at Glatzova & Co in Prague.
Schoenherr has promoted Austria IP lawyer Michael Woller and Czech corporate/M&A expert Vladimir Cizek to Contract Partner.
The JSK law firm has advised Czech engineering company Toshulin on its acquisition of TOS Kurim and CKD Blansko from ALTA a.s. Havel & Partners advised ALTA in the sale.
In cooperation with international law firm Eversheds Sutherland, Dvorak Hager & Partners has represented Raisio, a Finnish food company, on the EUR 100 million sale of its confectionary division to Valeo Foods.
Lawyers from DLA Piper's offices in Germany, Italy, the United States, and the Czech Republic have advised Luxembourg-based private equity firm ASC Investment on its acquisition of Vitrablok, the Czech-based glass block division of the Seves Group, and on obtaining financing from RiverRock for the transaction. The sellers were advised by Giese & Partners in the Czech Republic and by LMS Studio Legale in Italy, and RiverRock was advised by TaylorWessing.
Dvorak Hager & Partners has taken part in the creation of a General Data Protection Regulation calculator web project by Secure Data, which provides a basic risk assessment and recommendations for audits and measures to be taken in individual areas.
Local Partners from White & Case's Warsaw and Prague offices have joined the firm's multi-jurisdictional team advising WernerCo on its acquisition of the ZARGES Group from a consortium consisting of funds managed by Baird Capital and Granville, VR Equitypartner, and the management team of ZARGES. The purchase price was not disclosed.
“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.”
Weinhold Legal has advised the Sarantis Group on its EUR 8.5 million acquisition of Slovak and Czech cosmetic brand Indulona. The sellers were advised by Kinstellar Bratislava.
Ludvik Juricka has become an equity partner and Marketing Director Veronika Rysavkova was promoted to partner at Havel & Partners in the Czech Republic.
Tomas Slaby has been promoted to Partner at Randa Havel, the Prague member of the Act Legal network.
CMS Prague has advised Czech metal processing conglomerate Metal Trade Comax Group on its acquisition of the German Oetinger Aluminium Group from Orlando Management AG. Orlando was represented by Noerr's Munich office. Financial details were not provided.
Clifford Chance Prague has advised the European Investment Bank on its up to EUR 50 million equity investment into Inven Capital, a Czech SICAV fund that is fully-owned by the regional energy group CEZ. Inven Capital reportedly was counseled by DBK Partners.