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CMS and Schoenherr Advise on Kaupthing’s Sale of Land to Lidl

CMS and Schoenherr Advise on Kaupthing’s Sale of Land to Lidl

Czech Republic
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The Prague office of CMS has advised Icelandic asset manager Kaupthing on its sale of a land plot near the D5 highway near Pilsen to German retail chain Lidl. Schoenherr advised Lidl on the deal.

According to CMS, “the land, with a total area of more than 1,371,000 square meters, is one of the last few consolidated areas in the Czech Republic designated for the development of a prime logistics park and is strategically located just off the D5 highway between Pilsen and the German border.” Furthemore, the firm reported that more than 474,000 square meters of the area can be used for the construction of industrial and logistics space.

CMS's team included Managing Partner Helen Rodwell, Partner Lukas Hejduk, and Associates Tristan O’Connor, Frances Gerrard, Lukas Reichmann, Michal Samek, and Hana Ricankova.

Schoenherr’s team consisted of Partner Martin Kubanek, Attorneys-at-Law Viktor Pakosta and Eva Purgerova, and Associates Lenka Kubicka and Jachym Bem.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.