Havel & Partners has advised the Heluz family business on the acquisition of insulating glass manufacturer Izos. KPMG Legal reportedly advised the seller, Petr Aschenbrenner.

Once the amendment to the Czech Consumer Protection Act becomes effective, consumer protection rules shall have to start being reflected in the digital world. If the amending legislation is passed in its current draft form, consumer protection rules shall also apply to the offering and provision of digital content and services, even if the consumers "pays" for them with their personal data. Violations of the new obligations shall be punishable by a fine of up to CZK 50.000.000 or 4% of the trader’s annual turnover. The amendment implements the requirements set by EU law.

Kocian Solc Balastik has advised Solitea on its acquisition of Mainstream Technologies and its parent company Powerstream. Oswaldova & Partners Advokatni Kancelar reportedly advised the seller.

Baker McKenzie has advised Lesjofors on its acquisition of the Alcomex Group from Nordian Capital. Dutch law firm Corp. reportedly advised the seller.

The COVID-19 pandemic has accelerated the digital evolution of clinical trials. Introducing new technologies and ways of working with clinical data, improving clinical data access, review, and monitoring processes, and making better use of the data for further scientific research are trends that are here to stay. Side by side with these developments come legal questions about personal data protection. The aim of this article is to shed light on the core legal issue in data processing within clinical trials: its legal basis.

In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. The question this time: “What did you most want to be when you were little?”

CMS has advised Patria on the acquisition of two retail parks from Czech development group KPD. Jicha & Holman represented KPD on the deal.

Kocian Solc Balastik has advised the Arete Group on securing a EUR 30 million loan from Raiffeisenbank. The Prague office of Clifford Chance advised the lender. Wilsons Slovakia advised Arete on Slovak aspects of the deal.

CMS' Malgorzata Surdek-Janicka has been appointed as Vice-President of the International Court of Arbitration at the International Chamber of Commerce in Paris. Aside from Surdek-Janicka, 33 lawyers from CEE were appointed as members and alternate members of the court.

Havel & Partners and Sorainen have advised PriceHubble on its acquisition of Realtify. Sparring advised Realtify on the transaction.

Dentons has advised Draslovka on the acquisition of the sodium cyanide business from South African petrochemicals company Sasol. Bowmans advised Sasol on the deal.

JSK has advised Cresco&Finance a.s. on the sale of Krnovska Skrobarna spol. s r.o. and Krnovsky Lihovar spol. s r.o. to Reticulum Holding. Solo practitioner Marek Prchlik reportedly advised the buyer.

BPV Braun Partners has advised Mint Rezidencni Fond Sicav on the acquisition of the first stage of the Vysocansky Mlyn project in Prague from Metrostav Development. BNT Attorneys-at-Law advised Metrostav Development on the deal.

Havel & Partners has advised Masonite Czech Republic managers Pavel Satny, Lubomir Brousek, and David Krubner on their acquisition of 100% of shares in the Czech entity from Masonite International. Dentons advised the seller. 

Kocian Solc Balastik has advised Devereal on the sale of the Profimedia.CZ group to the Czech Press Office. KPMG Legal reportedly advised the Czech Press Office on the deal.

Kocian Solc Balastik has advised Webglobe on the acquisition of domain registration and hosting service provider Savana.cz from founder Pavel Hofner.

Allen & Overy has advised CEE betting and gaming operator Fortuna Entertainment Group N.V. and its subsidiaries, on an up to EUR 551 million refinancing for the group. RTPR, Ilej & Partners, in cooperation with Karanovic & Partners, Athos Demetriou Associates, and Carey Olsen advised the group in Romania, Croatia, Cyprus, and Jersey, respectively.

CMS has advised Partech, Quadrille, J&T, and EBRD on investing in the Czech online grocery company Rohlik Group. The EUR 100 million Series C, at a valuation of USD 1 billion, was led by Index Ventures and included Ener. Pierstone advised Index on the deal, with Pelikan Krofta Kohoutek advising Ener and White & Case advising the Rohlik Group.