Rowan Legal has advised Czech Railways on the sale of land in the southern section of Prague’s Zizkov freight station complex to Sekyra Group. Havel & Partners advised the buyer.
Norton Rose Fulbright, Kinstellar, and Havel & Partners Advise Benefit Systems on PLN 1.775 Billion Cross-Border Financing
Norton Rose Fulbright, its Turkish affiliate law firm Pekin Bayar Mizrahi, Kinstellar, and Havel & Partners have advised Benefit Systems on a PLN 1.775 billion (approximately EUR 414 million) financing package extended by Santander Bank Polska and Bank Gospodarstwa Krajowego to support the full acquisition of Mars Spor Kulubu ve Tesisleri Isletmeciligi. A&O Sherman reportedly advised the lenders.
KSB and Havel & Partners Advise on AGC Glass Europe's Sale of FK Teplice
Kocian Solc Balastik has advised AGC Glass Europe on the sale of its premier league football team FK Teplice to a company from the Accolade Group. Havel & Partners advised the Accolade Group.
Jan Prochazka Joins Havel & Partners as Partner
Jan Prochazka has joined Havel & Partners as a Partner in the firm's Banking & Finance practice group.
Havel & Partners Advises AIT Group on Establishing Joint Venture with Egile Corporation in Spain
Havel & Partners, working with Gomez-Acebo & Pombo, has advised the Czech Republic-based industrial group Advanced Industrial Technology Group on establishing a joint venture with the Spanish shareholders of Egile Corporation. Euskaltax reportedly advised the Egile Corporation.
Oppenheim, Invicta, Havel & Partners, and Forgo, Damjanovic & Partners Advise on JRD Energo Group's Sale of PV Plant to Obton
Oppenheim and Invicta have advised JRD Energo Group and its co-investors on the sale of JRD’s Hungarian photovoltaic power plant portfolio with a 29.440 kilowatt built-in capacity to the Hungarian subsidiary of Obton. Forgo, Damjanovic & Partners and Havel & Partners advised Obton.
Havel & Partners Advises Luigi’s Box Founders on Employee Stock Ownership Plan Setup
Havel & Partners has advised the founders of Luigi’s Box on establishing an employee stock ownership plan.
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.
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.
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.
Dentons and Havel & Partners Advise on AutoWallis Group's Acquisition of Milan Kral Group
Dentons has advised AutoWallis Group on its acquisition of the Milan Kral Group. Havel & Partners advised the seller.
Havel & Partners and Bird & Bird Advise on Photoneo's USD 12 Million Financing
Havel & Partners has advised Photoneo on USD 12 million debt and equity financing from the European Bank for Reconstruction and Development for Brightpick. Bird & Bird advised the EBRD.
Robert Porubsky, Petr Tusakovsky, and Martin Vlk Become Partners at Havel & Partners
Havel & Partners has promoted Robert Porubsky, Petr Tusakovsky, and Martin Vlk to its partnership in the firm’s most recent promotion round.
Havel & Partners and Rowan Legal Advise on Capiton's Sale of Gritec to Viessmann Generations Group
Havel & Partners, working with Milbank, has advised Capiton on the sale of Gritec to the Viessmann Generations Group. Rowan Legal advised the Viessmann Generations Group. Frankfurt-based Schalast and the Nuernberg office of Roedl & Partner reportedly advised the Viessmann Generations Group as well.
Havel & Partners Advises on HIWIN Ownership Integration
Havel & Partners has advised selling shareholders of Brno-based HIWIN Petr Jasek and Matis on a change in the company’s ownership structure, resulting in the German group HIWIN GmbH becoming the sole shareholder. OHBS reportedly advised HIWIN GmbH.
Czech Republic: Current Specifics of Taxation of Foreign Corporations
The Czech Republic (the CR), as an OECD member state, generally speaking, has a tax system comparable to other economies. However, it does have some specificities. While in some areas, the Czech system is less strict (e.g., proving the movement of goods for VAT purposes), in other areas, the current practice in the CR is very formalistic and strict. This is the case, for example, for costs charged in a group between related parties, in particular costs for management services and marketing. Multinational groups unfamiliar with this approach from other European countries may therefore inadvertently get into a dispute with the local tax administration in the CR.
Havel & Partners and KSB Advise on Rohlik Group and J&T's Formation of EUR 120 Million Rohlik Growth SICAV Investment Fund
Havel & Partners has advised Rohlik Group on the formation of the EUR 120 million Rohlik Growth SICAV investment fund with the majority investor being Tomas Cupr and the remaining shares being held by JTFG Fund I SICAV from the J&T Group. Kocian Solc Balastik advised J&T Group.
Havel & Partners Advises Amundi Czech Republic on Sale of Louis Vuitton Headquarters in Prague
Havel & Partners has advised Amundi Czech Republic on the sale of a building in Prague's District 1 to Raiffeisen Realitni Fond, managed by Raiffeisen Investicni Spolecnost. OHBS reportedly advised the buyers.