CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. While in the legal field maintaining client relationships is vital, there are occasions when law firms must end engagements. To explore some of the reasons that might lead to this, we asked: After accepting mandates, what have been the main reasons for which you ended up having to drop clients?
Class Actions Act in force: a game-changer in consumer claims enforcement against businesses in the Czech Republic?
BPV Braun Partners, working with Watson Farley & Williams, has advised Creditas company UCED on the acquisition of GGE.
Schoenherr has advised the BHM Group on the sale of its majority stake in the Block Group to the Czech investment fund Central Europe Industry Partners. Rowan Legal reportedly advised CEIP.
Weinhold Legal has advised the founders and full owners of Libristo Media on its sale to the Albatros Media Group. Havel & Partners reportedly advised the buyer.
Havel & Partners has represented HP Tronic and NAY on merger clearance from the Czech Office for the Protection of Competition and the Slovak Antimonopoly Office for their merger.
On June 3, 2024, Clifford Chance Badea announced that J.C. Flowers & Co's sale of First Bank to Intesa Group (as previously reported by CEE Legal Matters on November 3, 2023) has now closed.
Kocian Solc Balastik has advised Igor Strecek and Sandberg Capital on the sale of the Czech part of Webglobe to Group.one.
Borivoj Libal has become the sole Managing Partner of Eversheds Sutherland's Czech Republic office. Libal has been a Co-Managing Partner at the firm, alongside Bernhard Hager, since 2022.
For our Checking In feature, we reach out to partners and heads of practice across CEE to learn how specific practice areas are faring in their jurisdictions. For this piece, we asked firm Labor experts: Have whistleblowing regulations been implemented in your jurisdiction and would you advise companies to use an external solution or an in-house one? Why?
Kocian Solc Balastik has advised J&T Bank on the financing aspects of a joint venture between the CPI Property Group and Best Hotel Properties, which purchased a 50% stake in a EUR 347 million portfolio of eight hotel properties.
Kocian Solc Balastik has advised SMV Invest Group on an issue of perpetual certificates in the Czech Republic.
The new European data regulation introduces new rules for the use of information from smart devices. These rules define rights to access and use data created in the EU across all economic sectors and across smart devices from different manufacturers.
Greenberg Traurig has advised the Cromwell Property Group on its EUR 285 million sale of a real estate portfolio consisting of six retail centers located in Warsaw, Szczecin, Wroclaw, Lodz, Torun, and Bydgoszcz to Star Capital Finance. Dentons advised Star Capital Finance.
Dentons has advised the CPI Property Group on its EUR 500 million issuance of Regulation S 7.0% green bonds due 2029.
We bring you a brief overview of important legislative news from the Czech Republic that should not escape your attention.
Kinstellar has advised S Immo AG on its acquisition of a EUR 463 million property portfolio in the Czech Republic from the CPI Property Group.
Glatzova & Co has advised manager, administrator, and listing agent J&T Banka and arranger J&T IB and Capital Markets on Natland Investment Fund SICAV’s CZK 600 million senior bond issuance.
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.).
Firm's website: www.prkpartners.com
