CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Havel & Partners has advised Komercni Banka’s Investment platform Upvest and the RSJ investment group on acquiring a 25% stake (with a call option of up to 49%) in Centrum Cerny Most from Unibail-Rodamco-Westfield. Dentons advised the sellers.
As we step into the new year, we often look forward rather than back. However, to ensure you don’t miss anything important, we’d like to remind you of significant updates.
Kocian, Solc, Balastik has represented REMA in a long-running compensation claim against the Czech state, securing a final court ruling confirming that the Ministry of the Environment erred in a 2005 licensing procedure.
Havel & Partners has advised Tensor Ventures and Elevator Ventures on their investment in Wultra. Barta Legal advised Wultra.
White & Case's Turkish affiliate law firm GKC Partners has advised a consortium of lenders including Turkiye Is Bankasi, EBRD, Garanti BBVA, and TSKB on a USD 70 million cash facility and a EUR 14.87 million letter of guarantee facility for Polat Enerji.
BBH has advised Skoda Group on the acquisition of a production hall in Ostrava used by Skoda Vagonka.
The past year has brought several important changes in the employment area. Most of the new developments are already in force, but for some we had to wait until the beginning of 2025. However, some important changes are still not in force, nor have they been approved. Also due to considerable media support, part of the public is confused, and unexpected situations may arise. Below is a summary of the most important changes.
Havel & Partners has advised the Emeis/SeneCura Group on the sale of its Czech nursing home and Alzheimer center operations to the Penta Healthcare Group. Jan Evan Advokatni Kancelar advised the Penta Healthcare Group.
PRK Partners, working with Hengeler Mueller, has advised XXXLutz Deutschland on its acquisition of the Porta Group from Porta Westfalica.
Kinstellar, working with Luxembourg-based Brouxel & Rabia, has advised Genesis Growth Equity Fund I on the acquisition of a majority stake in LLP Group from Adam Bager, Tim Smulders, Barbara Dreska, and Jiri Stiller. Wolf Theiss, working with Ashurst, advised the sellers.
Finreg Partners has advised Fundster on obtaining an investment crowdfunding license in the Czech Republic.
PRK Partners has announced a partnership with Quantera Global.
Nedelka Kubac Advokati has advised Energeticky a Prumyslovy Holding on its acquisition of a 50% stake in West Burton Energy from TotalEnergies.
Conducting legal due diligence on the target company is standard practice before completinga transaction. Even today, eight years after the GDPR came into effect, some companies still fail to implement basic data protection principles in their internal policies or in their relationships with business partners and suppliers. Some even claim not to process any personal data at all.
CEE Attorneys has advised Slovak hockey forward Michal Kristof on the termination of his representation agreement with his agent.
Kocian, Solc, Balastik has advised Bakalari Software on changes within the Educleus Group following Vanda Seidelova’s sale of a stake in it.
Clifford Chance has advised Solaris Bus & Coach on EUR 700 million syndicated financing in the form of credit and guarantee lines granted in order to fuel the company's further development. Allen & Overy Shearman Sterling advised the banking consortium.
Clifford Chance has advised a club of banks including ING Bank, Erste Group Bank and its Czech subsidiary Ceska Sporitelna, and Komercni Banka on a EUR 268 million facility agreement supporting a new joint venture partner’s entry and the expansion of Unibail-Rodamco Westfield's Centrum Cerny Most in Prague. Dentons reportedly advised Unibail-Rodamco Westfield.
PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.
PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.
Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.
PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.
Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).
Firm's website: www.prkpartners.com
