The so-called “flexinovela” amendment of the Labour Code (CZ) effective from 1 June 2025 brings a number of fundamental changes, especially in terminating employment. For employers intending to issue a notice to an employee for breach of duty or to terminate employment immediately, the statutory time limits for doing so have been extended. This amendment addresses the practical needs of employers who have previously struggled to thoroughly investigate cases within the existing time frames. In this post, we will take a closer look at these revised time limits for issuing notices and immediate terminations. Generally speaking - what kind of time limits do we have and why are they important

Kinstellar has advised Accolade Holding on its acquisition of a 21,600-square-meter logistics facility in Kosice, eastern Slovakia. Hillbridges reportedly advised the sellers.

Kolcuoglu Demirkan Kocakli has advised BMS Group on its acquisition of Oria Sigorta. Norton Rose Fulbright's affiliate law firm of Pekin Bayar Mizrahi advised Oria Sigorta.

Kyriakides Georgopoulos has advised Piraeus Bank as the listing advisor on the EUR 68.3 million share capital increase of Europe Holdings.

Greenberg Traurig has advised Santander Consumer Finance on its acquisition of 60% of the shares in Santander Consumer Bank from Santander Bank Polska in a deal valued at PLN 3.1 billion.

Filip & Company has advised Sameday on its acquisition of Cargus. RTPR advised MidEuropa on the sell-side.

Injac Attorneys has advised Build Your Dreams on its market entry into Serbia and Montenegro.

Pohla & Hallmagi has successfully represented Rein Valk and Luite Arendus OU before the Civil Chamber of the Supreme Court of Estonia against Harju Infra OU in a case concerning limitation periods applicable to claims between companies and shareholders.

Vukovic & Partners Firm has advised JCG on its acquisition of Tivao Sub Properties from Atlas E75. VN Legal reportedly advised Atlas E75.

Zepos & Yannopoulos has advised Procureship on an investment from True Wind Capital.

RTPR has advised Tensa Art Design and its shareholders, Daniel Craciun, Florin Nita, and ATM Ventures, on an investment from OH Holding. Filip & Company advised OH Holding.

Baker McKenzie and its Turkish affiliate firm Esin Attorney Partnership have advised Akbank on its TRY 3.9 billion (approximately USD 100 million) mortgage-backed covered bond issuance to the European Bank for Reconstruction and Development. Allen Overy Shearman Sterling and its Turkish affiliate firm Gedik & Eraksoy advised the EBRD.

Bondoc si Asociatii, working with White & Case, has advised CVC Capital Partners on a joint venture with Therme Group, in a transaction valued at EUR 1 billion. Slaughter and May and K&L Gates reportedly advised Therme Group.

Sorainen has successfully represented Gintarine Vaistine and Limedika in an antitrust case before Lithuanian courts, resulting in the annulment of over EUR 25 million in cartel fines imposed by the Lithuanian Competition Council.

Norton Rose Fulbright has advised LOT Polish Airlines on its purchase agreement with Airbus Canada for the acquisition of up to 84 Airbus A220 aircraft, comprising 40 firm orders and options and purchase rights for an additional 44 aircraft.

Greenberg Traurig has advised the CCC Group on its debt refinancing involving the early redemption of Modivo bonds previously acquired by Softbank, financed through a term loan granted by UniCredit. Clifford Chance reportedly advised Softbank. White & Case reportedly advised UniCredit.

Allen Overy Shearman Sterling has advised Bank Polska Kasa Opieki on its successful issuance of EUR 500 million in 3.750% senior non-preferred fixed-to-floating rate notes due 2031. Bank Pekao, Commerzbank, J.P. Morgan, Societe Generale, and UniCredit were the joint lead managers. Baker McKenzie reportedly advised the banks.

White & Case has advised CEZ Group on the issuance of EUR 750 million in 4.125% sustainability-linked notes due in 2033, under the company’s updated EUR 8 billion EMTN program with CaixaBank, Citigroup Global Markets Europe, Intesa Sanpaolo, Raiffeisen Bank International, SMBC Bank EU, Societe Generale, and UniCredit Bank as the joint lead managers and PKO Bank Polski as co-manager. Dentons advised the banks.