PRK Partners Co-Head of Corporate and M&A Milan Sivy talks about the evolution of the practice and their role as legal advisors in the Czech Republic over the last 10 years.
CEELM10 Interview: A Decade of M&A in the Czech Republic
Greenberg Traurig, Gessel, and Clifford Chance Advise on Abris Capital Partners' Sale of Velvet Care
Greenberg Traurig has advised Abris Capital Partners on the sale of paper hygiene product manufacturer Velvet Care to the Partners Group. Gessel advised the Velvet Care management. Clifford Chance, working with Latham & Watkins, advised the Partners Group.
KSB Advises Seyfor Group on KS-Program Acquisition
KSB has advised the Seyfor Group on its acquisition of the KS-Program software company.
Squire Patton Boggs Advises CEZ Group on Acquisition of Capacity at German LNG Regasification Terminal
Squire Patton Boggs has advised the CEZ Group on its long-term access agreement to an LNG regasification terminal to be constructed and operated by the Hanseatic Energy Hub in Stade, Germany. Dentons reportedly advised HEH.
Reals Advises Immofinanz on Acquisition of 22 Czech Retail Properties from CPI Property Group
Reals has advised Vienna and Warsaw-listed commercial real estate group Immofinanz on its acquisition of 22 retail properties in the Czech Republic from the CPI Property Group. Rybar Soppe & Partneri reportedly advised CPI.
Employers with 50-249 Employees Must Implement a Whistleblowing System by 15 December 2023
In June 2023, the Czech Republic adopted the Whistleblower Protection Act implementing the relevant EU Directive with a two-year delay. The law came into force on 1 August 2023.
CEE M&A Outlook: Steady As She Goes
With CMS’s recently published European M&A Outlook report taking the temperature of the M&A activity across the continent, CMS Romania Managing Partner Horea Popescu and CMS Vienna Partner Alexander Rakosi share their insights on M&A trends in the CEE region.
The Corner Office: Balancing the Books – Overdue Bills and Unpaid Invoices
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. Shifting our focus to the financial aspects of legal work, we asked: What percentage of your issued bills end up being overdue, what percentage end up never paid, and what is your firm’s/office’s standard methodology to handle both cases?
Czech Republic: Significant Amendments to the Czech Labor Code
On September 12, 2023, the Czech Parliament adopted an amendment to the Labor Code, which will become effective already from October 1, 2023 (unfortunately, employers will have very limited time to prepare for the new regulation). The main purpose of the amendment is to implement the European directives on the work-life balance of parents and carers (No. 2019/1158) and on transparent and predictable working conditions (No. 2019/1152) which were to be implemented by member states in August 2022. But there are further changes that should address problems in the daily operation of employers.
Ladislav Smejkal and Jiri Strzinek Appointed Czech Co-Managing Partners at Dentons
Dentons has appointed Ladislav Smejkal and Jiri Strzinek as Co-Managing Partners responsible for managing the Prague office and leading the firm’s strategy for the Czech market.
White & Case Advises Keboola on USD 32 Million Series A
White & Case has advised Keboola on its USD 32 million series A funding round led by Viking Global Investors with the participation of Presto Ventures and Reflex Capital and angel investors Eduard Kucera and Tomas Cupr, among others.
White & Case Advises EPH on Establishing USD 3 Billion EMTN Program and EUR 500 Million Debut Issuance
White & Case has advised Energeticky a Prumyslovy Holding on the establishment of the EUR 3 billion medium-term note program of EPH Financing International, which EPH guaranteed, and the initial EUR 500 million issuance of 6.651% guaranteed notes due 2028.
Relationship of Licence to Copyright and AI
A technology that changes the meaning of the word art and outpaces legislation. In the case of artificial intelligence (AI), this is especially true in the context of image creation applications such as DALL-E or Midjourney. These apps use machine learning to create original works based on an analysis of existing databases of works. However, this raises certain complications in the field of copyright.
Clifford Chance Advises Ceska Sporitelna on Financing Oriens Group's Acquisition of Sanborn
Clifford Chance has advised Ceska Sporitelna on the financing for the acquisition of Sanborn by Czech Machining Holding, a direct subsidiary of the Oriens Fund III SCSp.
White & Case Advises SigmaRoc on Acquisition of CRH European Lime Business for Around EUR 1 Billion
White & Case has advised SigmaRoc on the acquisition of CRH's European lime businesses for a total deal value of approximately EUR 1 billion. SSW Pragmatic Solutions reportedly advised the lenders.
Contractual Fines in a Reservation Contract or Electronic Signature Verification
.. as well as other legislation news and case law in litigation:
Rowan Legal Advises Oriens Fund II on Acquisition of Sogos Fanam
Rowan Legal has advised Oriens Fund II on its acquisition of Sogos Fanam.
KSB Advises Jet Investment on Acquisition of Likov
Kocian Solc Balastik has advised Jet Investment on its acquisition of building insulation producer Likov via the Jet 3 Qualified Investor Fund.
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.).
Firm's website: www.prkpartners.com
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