CEE Legal Matters In-depth coverage of the news and newsmakers that shape Europe's emerging markets 
Generally, in the Czech Republic investment incentives are provided by the state to support businesses in regions other than Prague. They are approved by the government in cooperation with the respective ministries and processed by the state agency CzechInvest.
Dentons has advised the CPI Property Group on the EUR 1.25 billion bridge loan facility to help finance its takeover offer for all outstanding shares for S IMMO.
In the past twelve months, energy prices seem to have taken a life of their own. Their continued and, at times, shocking growth has raised concerns across the region and prompted differing responses and policy changes in each country. To get a more accurate picture of recent developments, we reached out to experts in Bulgaria, the Czech Republic, Moldova, Montenegro, Poland, and Turkey and asked them about the current energy prices, their impact on local economies, the drivers behind their growth, and whether any plans were in place to address the issue.
DLA Piper has advised the Aareal Bank on providing EUR 360 million senior facility for Pradera European Retail Parks’ international retail property portfolio financing.
Kocian Solc Balastik has advised Alkohol.cz on receiving an investment from the Rockaway Capital group.
Allen & Overy has advised Jan Drahota, Lubomir Kovarik, and Ceska Zbrojovka Partners on the sale of part of their shares in CZG through an accelerated book-building process.
JSK has provided pro bono advice to the Czech Technical University on securing a patent from the Industrial Property Office of the Czech Republic on its pulmonary ventilator CoroVent.
CEE Legal Matters readers will likely be familiar with Patricia Gannon as one of the founders of Karanovic & Partners. Since her withdrawal from the firm (reported by CEE Legal Matters on September 21, 2020), Gannon ran her own "holistic strategic advisory business" (as reported on October 12, 2020) and, recently, she announced she is working on a new social media app for lawyers – Platforum 9. We caught up with her to learn more about her new project.
The Russian aggression in Ukraine, raging for more than two months now, has affected the Czech Republic to a significant extent, impacting the prices of energy across all sectors. Coupled with the rising levels of inflation, the country finds itself out of balance, according to Rowan Legal Partner Jan Frey, who says it is quite hard to predict what the rest of the year will bring.
DLA Piper has advised PPF Real Estate on its acquisition of an 8,000 square-meter construction site plot in the Orhideea area of Bucharest from RC Europe. Baker McKenzie reportedly advised RC Europe.
JSK has advised Genesis Capital and Conectart on the acquisition of South-Bohemian call centre operator Atoda. GT Legal advised the sellers on the deal.
Allen & Overy has advised the Intermediate Capital Group and Konecta on their partnership agreement with Comdata.
Former Squire Patton Boggs Partner Hana Gawlasova has joined Deloitte Legal as a Partner and Head of the firm's Digital and TMT team in the Czech Republic.
Dentons has advised a syndicate of banks including joint bookrunners Citi, Deutsche Bank, Erste Group, and SMBC Nikko and co-lead manager Raiffeisen Bank International on the EUR 600 million debut sustainability-linked bond issuance by CEZ. Kinstellar and, reportedly, Linklaters advised CEZ on the issuance.
Former Deloitte Partner Ivan Telecky has rejoined Allen & Overy in Prague as Counsel.
On February 25, 2022, CEE Legal Matters reported that Clifford Chance had advised Commerz Real on its sale of Charles Square Center to a closed-end European real estate fund represented by KGAL Investment Management. CEE In-House Matters spoke with Dirk Schilo, Senior Legal Counsel at Commerz Real to learn more about the deal.
Havel & Partners has advised Lighthouse Ventures on its CZK 400 million sale of Pekat Vision to Datalogic. White & Case advised the buyer.
BDK Advokati and PRK Partners, working with Freshfields Bruckhaus Deringer, have advised Yokohama Rubber on the acquisition of Trelleborg Wheel Systems Holding from Sweden's Trelleborg AB.
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
