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Under the provisions of the Statutory Measure of the Senate No. 340/2013 Coll. on Real Estate Transfer Tax (the "RE Transfer Tax Act"), the transferor is obliged to pay the real estate transfer tax (the "RE Transfer Tax") when ownership title to real estate is acquired by purchase or exchange, unless the transferor and the transferee stipulate otherwise in the purchase or exchange agreement. If the transferor does not fulfil its obligation to pay the RE Transfer Tax, the RE Transfer Tax Act establishes the statutory guarantee consisting in the duty of the transferee to do so.

BADOKH has announced that Jennifer Foss, formerly of Dentons, has joined the firm as a new Partner in Prague. Foss specializes on real estate law, with a particular focus on M&A, joint ventures, asset and property management and construction, as well as general corporate matters.

The brand new Contract Register Act1 came into effect on 1 July 2016 (the "Act"). After 1 July 2016, contracts concluded with certain subjects, such as the state (the Czech Republic), state fund, etc., need to be published in the register of contracts (the "Register").

The Czech Republic’s Balcar, Polansky & Spol. law firm has obtained what it describes as "a landmark judgement” by the Court of Justice of the European Union (CJEU) in favor of the firm's clients — famous trademark owners including Tommy Hilfiger, Burberry, and Lacoste — and against Delta Center a.s., a Czech market hall operator.

Hengeler Mueller was lead counsel to the Chicago-based Filtration Group on its acquisition of the industrial filtration business of the MAHLE Group with Wolf Theiss advising on Polish, Romanian, Hungarian, Austrian, and Czech law aspects of the transaction. Slaughter & May advised in the UK, Paul Hastings in United States, Fangda in China, Bredin Prat in France, and Mori Hamada in Japan.

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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