Kocian Solc Balastik has obtained a successful result for the Preol biofuel company in invalid immediate employment termination case before the Czech Supreme Court.
Schoenherr is reporting that, on September 30, 2016, Michael Lagler was elected as the new Managing Partner at the firm, where he will take over from Christoph Lindinger, who has led the Central and Eastern European law firm for the past 16 years. Lagler's term will begin at the start of the firm’s next fiscal year, on February 1, 2017.
Slaughter and May has advised GE Capital International Holdings Limited (GECIHL) on its sale of approximately 24.5% of the share capital of Moneta Money Bank, a.s., which raised gross proceeds of approximately CZK 9.4 billion. Weil, Gotshal & Manges advised GECIHL on Czech matters, and Linklaters advised joint global bookrunners Citi, Goldman, and JP Morgan.
CMS has advised Komercni Banka, a subsidiary of the Societe Generale Group, on the agreement it recently completed with Worldline — a European payment and transactional services provider — to develop product and services for Czech and Slovakian merchants. Baker & McKenzie advised Worldline on the deal.
Kocian Solc Balastik is reporting that, at the International Bar Association conference in Washington, firm Founding Partner Martin Solc has been elected President of the IBA — making him the first Central European ever elected to the global organization’s highest post. His new role will take effect on January 1, 2017.
Clifford Chance has advised Ceska Sporitelna, a.s., on financing provided to Dautphetal-based Roth Industries GmbH & Co. KG., a manufacturer of glass and complete showers, for a leveraged buy-out of 100% interest in Roltechnik a.s., a Czech supplier of shower enclosures, trays, bath tubs, and jacuzzis. Vostarek & Komeiserova advised Roth Industries on the financing.
Dentons has advised Mezzanine Capital on its first two financing transactions: A EUR 12.5 million mezzanine loan to Medicon Group to fund the acquisition of ProNatal Medical Business, and the second a mezzanine loan in connection with the recapitalization of Nolloth S.A. and its subsidiary VUES Brno.