CEE Legal Matters
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KSB Assists on Sale of Panorama Hotel Prague
Kocian Solc Balastik has advised the Corinthia Palace Hotel Company Limited on the sale of its Panorama Hotel Prague and adjoining land and property to the Austrian developer S + B Gruppe.
The transaction was preceded by the split-off of part of the property into a SPV and assistance was provided for the legal due diligence process.
The KSB team included Partner Vaclav Rovensky and Associate Jakub Porod.
KSB did not reply to our inquiry about counsel for the buyers.
Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.
Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.
Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.
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