Glatzova & Co has successfully represented Slavia Pojistovna in a dispute against the Czech Republic over damages caused by the adoption of Act No. 274/2021 Coll., which amends the law on the residence of foreigners in the territory of the Czech Republic.

Kocian Solc Balastik has advised Concens Investments on financing phase II of the Ostrava Airport Multimodal Park project via Trinity Bank.

Glatzova & Co has advised Tetera A Spol as CEPO Green3's insolvency administrator.

A&O Shearman advises Ceske Radiokomunikace on a CZK 5 billion refinancing transaction arranged by Komercni Banka, Ceska Sporitelna, ING, Citibank, PKO Bank Polski, Raiffeisen Bank, and Tatra Banka. Clifford Chance advised the banks.

Wolf Theiss has advised Sekyra Group on the sale of a real estate project in Prague to Banka Creditas.

Rowan Legal’s TMT practice has been concentrating on AI, cybersecurity, and emerging regulations such as PSD3 and FIDA over the past year, according to Partner Josef Donat, driven by rapid technological advancements and their impact on the regulatory landscape.

Clifford Chance has advised HID on its acquisition of Sewio Networks. Setina, Komendova & Partners reportedly advised Sewio Networks.

Wolf Theiss, working alongside Ropes & Gray, has advised Audax Private Equity on its acquisition of Avantor’s Clinical Services business.

Havel & Partners has advised Garbe Industrial Real Estate on the sale of a manufacturing and warehouse complex in Chomutov, North Bohemia, to Fio investment. Wilsons advised Fio investment.

The sustainable finance sector has seen a surge, with Sustainability-Linked Loans (SLLs) hitting EUR 212 billion in early 2024^[1], driven by a global emphasis on environmental responsibility and incentivizing ESG-compliant practices. This trend underscores the role of SLLs in corporate finance and global sustainability efforts.

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.

On 1 July 2024, the long-awaited Act on Collective Civil Proceedings (the Class Actions Act) entered into force, allowing consumers and small entrepreneurs to pursue their claims in court together through a class action.

CEE Attorneys has advised Asker Group on its acquisition of Aspironix. Havel & Partners advised the seller.

Clifford Chance has advised KKCG's IT pillar on the integration of the acquisition debt, following the acquisition of Avenga Group, into the group's umbrella financing.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With managing firm clients being a critical aspect of firms’ operations, we asked: What are the three most important elements when onboarding a new client?

In 2021, a new Construction Act (No. 283/2021 Coll.) was adopted in the Czech Republic. This groundbreaking legal norm was designed to solve problems in the permitting process for infrastructure and other projects, such as lengthy administrative procedures, a cumbersome process of obtaining consents and opinions from various authorities, and often a lack of coordination among authorities, which frequently caused inconsistencies in interpreting the law as well as delays.

Greenberg Traurig has advised CCC Group on the up to PLN 1.8 billion term and revolving facilities provided by a consortium of banks and finance institutions. Clifford Chance and Lakatos, Koves and Partners advised the lenders.

BPV Braun Partners has announced the re-election of Arthur Braun as its Managing Partner.