CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Kinstellar has advised the Genesis Private Equity Fund IV on its acquisition of the Schulte Group from Radovan Soldat and Jan Bula. Kutejova Marsal Briasky advised the sellers.
PRK Partners, working with Norton Rose Fulbright, has advised Euro Manganese on receiving funding from Orion Resource Partners for the development and construction of a manganese mining project in the Czech Republic.
Nedelka Kubac Advokati has helped EPEI in obtaining merger control clearance for its acquisition of the French Casino retail group.
BBH has advised the Roier investment crowdfunding start-up on its acquisition of Nafirmy.
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. As we bid farewell to 2023, this time around we turn our attention forward: What is your one main wish for 2024 and what do you see as the biggest potential risk?
In our Looking In series, we talk to Partners from outside CEE who are keeping an eye on the region (and often pop up in our deal ticker) to learn how they perceive CEE markets and their evolution. For this issue, we sat down with Slaughter and May Partners Jonathan Marks and Richard Jones.
On September 23, 2023, the Act on Preventive Restructuring came into force in the Czech Republic. It transposes EU Directive 2019/2023 on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132.
Schoenherr, working with Legance and Cuatrecasas, has advised Hartree Partners on its acquisition of a 50% stake in the Botres Group. CMS reportedly advised the sellers.
CMS has advised the Linamar Corporation on its acquisition of Dura-Shiloh’s battery enclosures factory in North Macedonia. The acquisition also included factories in the Czech Republic and the US, with a total transaction value of USD 325 million.
Did you know that the early 2024 deal leaderboards are already available via the Activity Rankings function of the CEELMDirect website?
As of 1 January 2024, a significant portion of the Consolidation Package (Act No. 349/2023 Coll.) came into effect. However, certain modifications introduced by the Consolidation Package in the field of labour law have not yet been fully implemented in practice, while some other notable changes will take effect from 1 July 2024. In our article, we outline key changes and highlight areas for which there are further legislative revisions in the pipeline.
AK Evan has advised Penta Hospitals on its acquisition of the hospitals in Vimperk and Volyne from BH - Medical.
Former BPV Braun Partners Partner Marc Mueller has joined PwC Legal in the Czech Republic as a Senior Attorney.
BBH has successfully represented Czech lottery and gambling company Sazka before the Czech Republic's Supreme Administrative Court in a dispute against the country's Ministry of Finance and challenging a previous Municipal Court in Prague ruling over Sazka's obligations under the Gaming Act.
E+H and Noerr have advised Coveris on the acquisition of S&K Label in the Czech Republic. Deloitte Legal reportedly advised the sellers.
Nedelka Kubac Advokati has successfully represented the interests of XXXLutz in achieving a "nearly 99% reduction" of a fine imposed by the Czech Competition Authority.
Schoenherr has advised the TeraPlast Group on its acquisition of the Wolfgang Freiler Group from Austria's Uhl family.
Glatzova & Co has advised the shareholders of Jarident and Janouch Dental on the sale of the companies to the Nuent Group.
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
