Clifford Chance has advised Corporate Finance House Group on a joint acquisition with Ceskomoravska Nemovitostni of the Churchill Square office from Penta Real Estate. AK Evan advised Penta Real Estate on the deal.
Kocian Solc Balastik Advises Arete Invest on Disposal of Logistics Parks Portfolio
Kocian Solc Balastik has advised Arete Invest’s real-estate fund on the EUR 113 million sale of a portfolio of 11 logistics and industrial parks in the Czech Republic and Slovakia to Australia-based fund Cromwell.
Glatzova & Co Advises Reflex Capital on Sale of Stake in Webnode to Team.Blue
Glatzova & Co has advised Reflex Capital on the sale of its stake in Brno startup Webnode to the Belgian company Team.Blue.
Glatzova & Co. Helps Smartlook with Series A Funding Round
Glatzova & Co. has helped Smartlook.com obtain a CZK 81 million Series A investment from Dutch investment company Airbridge Equity Partners and other unidentified investors.
Glatzova & Co. Advises Raiffeisenbank on Provision of Loan to BesTen
Glatzova & Co. has advised Raiffeisenbank on its provision of a CZK 215 million loan BesTen. Rutland Partners reportedly advised the borrower on the deal.
Dentons Successful for Veolia Energie CR in Dispute with Czech Tax Authorities
Dentons’ Prague office has successfully represented Veolia Energie CR in a dispute with Czech tax authorities regarding interest from illegal gift tax.
Deal 5: Infosys GC Inderpreet Sawhney on Acquisition of GuideVision
On September 22, 2020, CEE Legal Matters reported that DLK Legal in Poland and Kinstellar in Hungary and the Czech Republic, working together with Osborne Clarke as lead counsel, had advised Infosys on its EUR 30 million acquisition of GuideVision. CEEIHM spoke with Inderpreet Sawhney, Group General Counsel and Chief Compliance Officer at Infosys, to learn more about the deal.
Clifford Chance and Karanovic & Partners Advise on Aricoma Group's Acquisition of Seavus
Clifford Chance has advised the Aricoma Group on the acquisition of the Seavus technology company. Karanovic & Partners’ North Macedonian office provided advice pertaining to the local side of the transaction in Serbia, Bosnia and Herzegovina, and Albania. Seavus was reportedly advised by Bird & Bird's Stockholm office.
Dentons Helps CPI Property Group Obtain EUR 700 Million Loan
Dentons has advised the CPI Property Group on its new five-year term EUR 700 million revolving credit facility with ten international banks, including Banco Santander, Barclays, Credit Suisse, Goldman Sachs, HSBC, J.P. Morgan, Komercni Banka, Raiffeisen Bank AG, UniCredit, and Bank of China. Allen & Overy’s London office reportedly advised the banks on the deal.
Czech and Slovak Firms Come Together to Form MKA Nosko
The Czech Republic's Masek, Koci, Aujezdsky has joined forces with the Slovak Republic's Nosko & Partners to form MKA Nosko, serving clients in both countries.
Ondrej Chlada Joins DLA Piper Prague as Head of Employment
Former Randl Partners lawyer Ondrej Chlada has joined DLA Piper in Prague as Head of Employment.
Abolishing the Tax on Acquisitions of Real Estate Tax in the Czech Republic
The current Covid-19 situation has changed many aspects of the business environment, and the resulting economic slowdown has prompted legislators worldwide to take measures to ease the situation for local economic players. Thus far, measures proposed by the Czech Government have generally only deferred tax liabilities and tax administrative duties, rather than eliminating them altogether. Of the few permanent types of relief from public duties, a proposal to abolish the Czech real estate transfer tax (RETT) is probably the most significant.
Guest Editorial: Marketing in a CEE Law Firm
I have always been a fan of marketing and felt that there was something special about it, even back before I had any real practical experience with it. My career started at an international law firm – Hogan Lovells – where marketing was handled both centrally and locally. I became a fan of the field and learned to consider the brand as something potentially very valuable and helpful both in attracting new clients and employees and in retaining existing ones. It also showed me that marketing activities must be conducted systematically.
BPV Braun Partners Advises Generali Real Estate Fund on Acquisition of Residential Property in Prague
BPV Braun Partners has advised Generali Investments CEE, an investment company acting on behalf of the Generali Real Estate Fund, on the acquisition of an early 20th-century building in Prague from Ferd s.r.o. Ferd was reportedly advised by AK Svec Rychterova on the transaction.
KSB Advises ING Bank Slaski on Aircraft Financing
Kocian Solc Balastik has advised ING Bank Slaski on financing to an unidentified borrower for the acquisition of two LET Aircraft Industries L-410 UVP E-20 aircrafts, which also included special packages containing radars, long-range observation systems, SATCOM datalink, automatic vessel ID system, rescue equipment allowing for carrying out maritime patrol tasks, and hardware for supporting maritime SAR operations.
Glatzova & Co and HKR Advise on Bike Fun’s sale to ConsilTech
Glatzova & Co has advised Bike Fun Nederland B.V. on the sale of Bike Fun International, a company based in the Czech city of Koprivnice, to ConsilTech. HKR advised ConsilTech on the deal.
Producing in CEE
This article is an excerpt of Producing in CEE, Dentons’ guide to tax and financial incentives for film, television and digital media production.
Havel & Partners and Hamala Kluch Viglasky Advise on Innofreight Consulting & Logistics' Forming of Joint Venture with Budamar Logistics
Havel & Partners has advised Austria's Innofreight Consulting & Logistics on the formation of a joint venture with Slovakia's Budamar Logistics. Hamala Kluch Viglasky advised Budamar Logistics on the deal.