Cechova & Partners has promoted Employment lawyer Jana Cernakova to Partner.
Currently, a heavily-discussed topic in Slovakia is the “overkilling” interpretation and application of the concept of illegal employment by state authorities. In Slovakia, illegal employment does not only cover the classical scenario of the factual employment of a worker without the proper establishment of a labor-law relationship, but also a situation where the employment contract was duly executed, but the employer did not register the employee in the country’s social insurance system until the employee actually commenced working.
As part of the long-planned reform of intellectual property (IP) law in Slovakia, it was finally agreed that IP disputes should be handled by a court system able to truly understand the (often rather technical or technological) nature of IP. This decision stemmed from the frustration of many IP owners with the fact that court decisions sometimes lacked sufficient quality and that the proceedings (especially in some courts) took far too long.
“There’s a lot going on at the moment in Slovakia,” according to Michaela Stessl, the Managing Partner of DLA Piper in Bratislava, who begins her summary by describing "a boom with regard to suppliers for the automotive sector who are coming with the Jaguar/Land Rover investors.” According to Stessl, "this has a huge impact on several levels and several fields of providing law,” not only to Jaguar/Land Rover itself, “but also to all the suppliers who are doing business with them.”
Hugh Owen, long-time Partner at Allen & Overy, has announced that he is retiring from the Magic Circle firm and will practice independently as Go2 Law going forward. Owen will continue to operate out of Slovakia, where he has lived since 2000 -- though since November 2013 he spent the majority of his time working in A&O's Budapest office.
Allen & Overy has announced that it advised Fortuna Entertainment Group on the acquisition of the 100% share in Hattrick Sports Group Ltd., Ireland, the owner of the Casa Pariurilor betting operator in Romania, the PSK and Hattrick operator in Croatia, and B2B operations in Spain, Germany, and other European countries.
In recent years suspicions regarding massive conflicts of interest, corruption, and the favoritism of creditors have created the political will to mandate the disclosure of ownership backgrounds of companies dealing with public finances. Attorneys from Taylor Wessing Bratislava have participated in the preparation of the so-called Anti-Letterbox Companies Act, which entered into force on February 1, 2017.
Schoenherr has advised AG Foods Group and Cooperatief Avallon MBO U.A. on settlement of minority shareholders' disputes and on a subsequent management buyout.