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Reals has advised Mint Residential Fund on the acquisition of a residential real estate project in Prague 9, Hloubetin, from Finep. Clifford Chance advised Finep on the deal. Allen Overy Shearman Sterling advised ING on the financing side.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

If we were on Broadway, the latest public presentation of plans and ideas by the Czech competition enforcer – the Office for the Protection of Competition (OPC) – during a roundtable organized by the Czech branch of the International Chamber of Commerce (special thanks to my fellow board members for organizing it) could easily inspire reviews with headlines such as “shocking,” “surprisingly big,” or “unmatchable.” The discussion featuring the Chairman and Vice-Chairman of the OPC offered a clear preview of an ambitious reform agenda: a broader legislative package, sharper enforcement priorities, and a modernized toolkit.

Dentons and Ketler & Partners, member of Karanovic, have advised a club of banks led by Tatra Banka on a syndicated loan facility supporting the M&A activities of Seyfor. Barger Prekop and Kocian Solc Balastik advised Seyfor. Alexandros Economou reportedly advised the banks as well.

Redcliffe Partners and Clifford Chance have advised the Kingspan Group on its acquisition of Mercor’s natural smoke exhaust and fire ventilation business in a transaction spanning Spain, Ukraine, the United Kingdom, Romania, Hungary, the Czech Republic, Slovakia, and Poland. White & Case, and reportedly Avellum, advised Mercor.

Addleshaw Goddard and Kinstellar have advised Pegasus Airlines on its acquisition of Czech Airlines and its subsidiary Smartwings in a transaction valued at EUR 154 million, including related receivables. Dentons reportedly advised the sellers.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

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