Glatzova & Co has successfully represented Slavia Pojistovna in a dispute against the Czech Republic over damages caused by the adoption of Act No. 274/2021 Coll., which amends the law on the residence of foreigners in the territory of the Czech Republic.
According to Glatzova & Co, "this law resulted in an unlawful disruption of competition, the creation of a state monopoly in the insurance market, and a violation of European Union law. The court of first instance fully upheld our lawsuit and awarded our client damages exceeding CZK 36 million, plus interest."
The Glatzova & Co team included Partner Libor Nemec, Managing Associate Petr Mundl, and Junior Associate Jan Losenicky.
Editor's Note: After this article was published, Glatzova & Co announced that on February 19, 2025, the Municipal Court in Prague, acting as the court of appeal, granted the claim on its merits through an interim judgment. The final amount of the claim is subject to further consideration by the court of first instance.
