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Tue, Jan
65 New Articles

PRK Partners has advised Veolia Energie CR (formerly Dalkia Ceska Republika, part of the Veolia Environment group) on its acquisition of Prazska Teplarenska LPZ a.s., a Prazska Teplarenska subsidiary operating, in particular, local heat supply networks on the left bank of the Vltava River in Prague. The sale price was reported to be EUR 71.3 million.

Allen & Overy has announced that it advised a consortium consisting of Macquarie Infrastructure and Real Assets (Europe) Limited (MIRA) and other global investors on the acquisition of a 30% interest in EP Infrastructure from Energeticky a Prumyslovy Holding, a.s. (EPH). The deal remains conditional on German and Austrian competition approvals, as well as a restructuring of EPH.

 
Poland Doing Better than Most

According to Ron Given, Partner at Wolf Theiss, “the Polish market is doing better than most of the world where M&A is down.”

Dentons has advised P3 Logistic Parks on Polish and Romanian aspects of a EUR 1.4 billion pan-European refinancing of its logistics portfolio, with White & Case advising P3 on Czech and Slovakian aspects and Freshfields advising P3 on separate facilities for Western Europe (including Poland). Financing in Poland and Western Europe was provided by Morgan Stanley with Pbb as agent (advised by Allen & Overy), in Romania by Raiffeisen Bank International (advised by CMS), and in the Czech Republic and Slovakia by CSOB, CSOB Slovakia, Komercni Banka, UniCredit Bank, and Ceska Sporitelna (all advised by Clifford Chance).

In The Corner Office, we invite Managing Partners at law firms from across the region to share information about the strategies they employ to keep their teams motivated, effective, and focused. For this issue, we asked them to reveal what sorts of firm retreats and activities they host and/or organize for their lawyers.

In a groundbreaking judgment (Case C-494/15, Tommy Hilfiger Licensing LLC, et al. v Delta Center a.s.) involving a trademark dispute originating in the Czech Republic, the CJEU has recently clarified that the tenant of a market hall who sublets sales areas to market-traders selling counterfeit branded goods, is an intermediary within the meaning of Art 11 of the Enforcement Directive (2004/48/EC). 

The CJEU also ruled that the liability criteria adopted for online marketplace operators such as eBay (See case C-324/09, L’Oreal et al. v eBay) shall be applicable to the same extent to “offline” marketplace operators.

In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.

Over the last two decades the London-based legal press has grown into a sector which must have the combined revenue of a top 20 UK firm. It is a success that has proven difficult to replicate in continental Europe, particularly on a regional basis. 

Schoenherr Prague has advised Aiga Eastern Europe Investments S.a r.l. ("AIGA") on the sale of Wratislaw Palace, a historical heritage property in Prague, to TTP invest, uzavreny investicni fond, a.s. ("TTP invest"). The financial terms of the transaction were not disclosed. Liska & Sobolova advised the buyers on the deal.

White & Case has announced the promotion of 40 lawyers around the world to its partnership. The promotions, which are effective January 1, 2017, represent 11 of the firm's global practices in 17 locations. Including in those 40 world-wide promotions are Czech Banking lawyer Jan Linda and Polish Disputes specialist Michal Subocz.

Kocian Solc Balastik has advised Emerging Europe Properties Fund on the share-sale of WOTEG GWG-Group, owner of the Centro-Ostrava shopping park, to FOCUS Estate Fund — a newly incorporated fund based in Cyprus. The Rutland Jezek Law Office advised the buyers on the deal. The purchase price was not disclosed.

After the first wave of domain registrations that accompanied the technology boom in the Czech Republic at the beginning of the millennium, the number of speculative domain registrations have recently increased again. According to statistical data, these speculative activities – which take the form of both cyber-squatting and typo-squatting – have increased by dozens of percent in the past 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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