Kocian Solc Balastik has advised Jet Investment on its acquisition of building insulation producer Likov via the Jet 3 Qualified Investor Fund.
ESG Takes Center Stage in Shaping the Czech Real Estate Market
With ESG having been a buzzword in the Czech real estate market for a few years now, Clifford Chance Partner Emil Holub, Kocian Solc Balastik Partner Jiri Hornik, VIDD Partner Ondrej Hampl, Taylor Wessing Counsel Radka Nenickova, and Act Legal Czech Republic Partner Tomas Slaby look at how ESG principles are being applied in practice and in what areas there is still room for improvement.
ESG: The Time to Prepare is Now!
The impact and perception of ESG considerations in the CEE region, and specifically in the Czech Republic, is still in the early stages of its evolutionary path, compared to, say, the U.K., the U.S., or larger Western European economies. There is certain skepticism and uncertainty as to what this new trendy acronym means and if, at the end of the day, it will really impact a Czech industrial family business, a hotel, or a high-tech start-up. ESG considerations, policies, and metrics are likely to be more familiar (and implemented to a certain degree) to a large Czech company – moreover, when it’s a part of an international corporate group – rather than a smaller Czech enterprise, but of course, there are exceptions to the rule.
From Sea to Sea to Shining Sea: 12 CEE Law Firms Band Together To Launch the Three Seas Legal Alliance
During the Three Seas Initiative annual general meeting in Bucharest in September 2023, Austria's Dorda, Bulgaria's Boyanov & Co., Croatia's Divjak Topic Bahtijarevic & Krka, the Czech Republic's Kocian Solc Balastik, Estonia's Ellex Raidla, Hungary's Lakatos Koves & Partners, Latvia's Ellex Klavins, Lithuania's Ellex Valiunas, Poland's Wardynski and Partners, Romania's Nestor Nestor Diculescu Kingston Petersen, Slovakia's Barger Prekop, and Slovenia's Selih & Partnerji announced they formed the Three Seas Legal Alliance, in recognition of the progress made by the Three Seas Initiative.
Kocian Solc Balastik Advises Webglobe on eBola.cz Acquisition
Kocian Solc Balastik has advised web hosting company Webglobe on the acquisition of its eBola Czech competitor operating under the eBola.cz brand name.
KSB Advises on Tisina Endowment Fund Establisment
Kocian Solc Balastik has advised founders Ivana Stefkova, Barbora Dvorakova, and Marketa Trubacova on the establishment and incorporation of the Tisina Endowment Fund.
KSB Helps REMA System Obtain Electrical Equipment Collection System Authorization
Kocian Solc Balastik has advised REMA System in obtaining an authorization from the Ministry of the Environment to operate a collection system for all groups of electrical equipment, including solar panels.
Kocian Solc Balastik Advises Prazska Plynarenska Group on Intra-Group Restructuring
Kocian Solc Balastik has advised the Prazska Plynarenska group on its intra-group restructuring and the creation of a new holding structure.
Did You Know: H1 Leaderboard in CEE
Did You Know that a total of 20 Partners worked on five or more reported CEE client matters in the first half of 2023? According to the Activity Rankings function of the CEELMDirect website, that group of 14 is led by Alper Onar of the Aksan Law Firm in Istanbul, who worked on 12 client matters, and Milos Felgr of Clifford Chance in Prague and Bratislava, who worked on nine reported client matters in the first half of this year.
KSB Advises Vaclav Havel Library on Legal Form Change
Kocian Solc Balastik has advised the Vaclav Havel Library on changing its legal form from a public benefit corporation to a foundation.
Renewables in Czech Republic
Contributed by Kocian Solc Balastik
KSB Advises Avant Financial Group on EU Growth Prospectuses
Kocian Solc Balastik has advised the Avant Financial Group on the EU growth prospectuses for two issuances to finance the group's expansion and development.
KSB and Peyton Advise on Sandberg Capital's Investment in Twigsee
Kocian Solc Balastik has advised Sandberg Capital on its investment in Czech kindergarten management application Twigsee. Peyton Legal advised Twigsee early seed investors – the Jinej fund and Jiri Hlavenka – in the divestment of Jinej's stake.
Kocian Solc Balastik Advises Arete on Acquisition of Milovice Industrial Site
Kocian Solc Balastik has advised Arete on its acquisition – and leaseback – of an industrial site in Milovice from AAS Automotive and the Decotek Group. Taylor Wessing reportedly advised the sellers.
KSB Advises on Establishment of Dobrobot
Kocian Solc Balasitk has advised the Czech charity auction platform Dobrobot on its establishment and online auction-related tax matters.
KSB Advises on Establishment of Flatform
Kocian Solc Balasitk has advised real estate rental start-up Flatform on its establishment and partnership agreements with insurance companies.
KSB and Klimus & Partners Advise on Uhrinevska Zahrada Acquisition of Land in Prague
Kocian Solc Balastik has advised an undisclosed seller on the sale of a 7,500 square-meter land plot in Uhrineves, Prague, to Uhrinevska Zahrada. Klimus & Partners advised Uhrinevska Zahrada.
Did You Know: 12-Month Domestic Firm Partner Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kerem Turunc of Turkey’s Turunc Law Firm has worked on more reported client matters over the past 12 months – 13 – than any other lawyer in a domestic law firm in CEE?