PRK Partners has advised Barcelo on the sale of a five-star hotel in Brno to the Czech Inn Hotels Group.
CMS and Taylor Wessing Advise on EGLS Founders Holding's Partnership with Kamco Invest for European Logistics Platform
CMS has advised EGLS Founders Holding on its partnership arrangements with Kamco Invest centering on European Green Logistics Space. Taylor Wessing advised Kamco Invest.
Kinstellar Advises BHM Group on Acquisition of Prague Port Group
Kinstellar has advised the BHM Group on the acquisition of a majority stake in Prague Port Group from HD&PB. Glatzova & Co reportedly advised the sellers.
Glatzova & Co Advises Rouvy on FulGaz Acquisition and Ironman Group Partnership
Glatzova & Co has advised Rouvy on its acquisition of FulGaz and on establishing a partnership with Ironman Group.
Clifford Chance Advises Allwyn on Acquisition of Novibet Gaming Services
Clifford Chance has advised Allwyn on its acquisition of a majority controlling interest in Logflex MT Holdings Limited.
Czech Act on Digitalization of the Financial Market
On December 6, 2024, the Chamber of Deputies of the Czech Republic approved the Act on Digitalisation of the Financial Market (ZDFT), which represents an important step in adapting the Czech legal framework to European regulations in the area of digital financial markets.
CMS Advises AEW on Sale of Myslbek to Max Realitni Fond SICAV
CMS has advised AEW on the sale of the Myslbek office and retail project to Max Realitni Fond SICAV.
The Debrief: January, 2025
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Czech Republic: Equal Treatment of Employees in M&A Transactions in Light of Recent Case Law
In M&A transactions, there is often a transfer of activities and a subsequent transfer of rights and obligations under employment law within the meaning of European Directive 2001/23/EC on the approximation of the laws of the Member States on safeguarding employees’ rights in the event of transfers of undertakings, businesses or parts of undertakings or businesses (TUPE transfer). As a result, the seller’s employees who worked in the transferred establishment will transfer to the buyer. If the buyer has existing employees, the working conditions of the original and new employees may differ. These differences can pertain to salaries and benefits. Are they permissible?
Havel & Partners and Dentons Advise on Upvest and RSJ's Investment in Centrum Cerny Most
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.
Changes to Reporting a Contact Person as of February 1, 2025
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.
KSB Successful for REMA in Environmental Licensing Dispute
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 and Barta Legal Advise on Tensor Ventures and Elevator Ventures' Investment in Wultra
Havel & Partners has advised Tensor Ventures and Elevator Ventures on their investment in Wultra. Barta Legal advised Wultra.
GKC Partners Advises Consortium of Lenders on Polat Enerji’s USD 70 Million and EUR 14.87 Million Hybrid Wind-Solar-Battery Project Financing
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 Advises Skoda Group on Acquisition of Production Hall in Ostrava
BBH has advised Skoda Group on the acquisition of a production hall in Ostrava used by Skoda Vagonka.
Employment News in 2025 in the Czech Republic
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 and AK Evan Advise on Emeis/SeneCura Group's Sale of Czech Nursing Homes and Alzheimer Centers to Penta Healthcare
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 Advises XXXLutz Deutschland on Acquisition of Porta Group
PRK Partners, working with Hengeler Mueller, has advised XXXLutz Deutschland on its acquisition of the Porta Group from Porta Westfalica.