CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On 5 June 2024, the Czech government introduced a proposal to the Czech Parliament that brings fundamental changes to fleet insurance in the Czech Republic. This proposal provides additional obligations on fleet policyholders. Please see the details below.
Viliam Mysicka has been appointed as the new Managing Partner of Kinstellar’s Bratislava office and Jan Juroska has taken over as the new Managing Partner of the firm’s Prague office.
DLA Piper has advised Komercni Banka on the sale of its subsidiary which owns the building at Vaclavske Namesti 42 to the City of Prague for more than CZK 3.3 billion (approximately EUR 131 million).
Clifford Chance has advised the real estate investor Patria investicni Spolecnost on its acquisition of shares in part of the Panattoni Park Chomutov North production hub from RSJ Investments investicni Spolecnost. Havel & Partners reportedly advised RSJ.
Eversheds Sutherland has advised Plath Corporation on the acquisition of a minority interest in Primoco.
CMS has advised the EBRD, Partech, and Quadrille Capital on Rohlik Group's USD 170 million Series D1 round that also saw Sofina, Vitavest, Index Ventures, Waltman, EMEH, DTSG, All-Star Holding, and Rohlik.cz Investment participate. Pierstone advised Index Ventures. KLB Legal advised All-Star Holding. Reportedly, Perkins Cole advised the Rohlik Group, Horakova Legal advised EMEH, and Schoenherr advised DTSG.
Contributed by Rowan Legal.
Havel & Partners has advised MTX Group on the development and construction of a solar and wind power project in Andalusia, Spain, developed by Aquila Capital.
Dunovska & Partners has promoted Vaclav Manek to Partner.
Clifford Chance has advised PPF Banka on financing Crestyl's development of Zamecke Zahrady III and 33 residential homes.
Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.
Kinstellar has advised Edwards Lifesciences on data protection legal matters via a secondment arrangement.
Havel & Partners has advised the Sekyra Group on its sale of land plots in the Smichov city district of Prague to an SPV of Ceska Sporitelna. Wilsons reportedly advised Ceska Sporitelna.
Kocian Solc Balastik has advised Dagmar Havlova on the entry of BTL Healthcare Technologies as a new investor into Lucerna Palace. Dunovska & Partners reportedly advised BTL.
Havel & Partners has promoted Jiri Kunasek to Equity Partner and Veronika Bocanova and Ivan Houfek to Partners.
With effect from 1 July 2024, the amendment to the Employment Act introduces several changes, particularly in the area of employment of foreigners. Below is a summary of the most important changes.
Clifford Chance has advised Finep on the divestment of a part of Nova Elektra to AFI Europe.
A&O Shearman has advised joint lead managers Ceska Sporitelna, Komercni Banka, and UniCredit Bank Czech Republic and Slovakia on Ceske Drahy's issuance of senior unsecured notes. White & Case advised Ceske Drahy.
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
