PwC Legal has advised VDV Packaging on its acquisition of Unipap. KPMG reportedly advised the sellers.
FDI Screening in Czech Republic
New FDI legislation entered into force on 1 May 2021. It introduced a mandatory, suspensory, pre-closing notification obligation for acquisitions of "effective control" over companies active in the Czech Republic in industries deemed capable of threatening the security of the Czech Republic and internal or public order by parties resident outside the European Union, or whose ultimate controlling parent is resident outside the European Union.
Havel & Partners and Rowan Legal Advise on IF Invest East Acquisition of Ostrava Airport Multimodal Park
Havel & Partners has advised IF Invest East on the acquisition of the Ostrava Airport Multimodal Park from Concens Investments. Rowan Legal and, reportedly, Svoboda & Koubkova advised the sellers.
JSK Advises KB SmartSolutions on Acquisition of Enviros
JSK has advised Komercni Banka group company KB SmartSolutions on the acquisition of Enviros. Hartmann Jelinek Frana and Partners reportedly advised the seller.
Deal 5: Komercni Banka Transaction Manager Robert Klan on EUR 137.5 Million Loan to Accolade
On March 1, 2022, CEE Legal Matters reported that KWKR Konieczny Wierzbicki had advised Knacks's owners on their sale of a majority stake in the company to RightBridge Ventures. CEE In-House Matters spoke with Dawid Szymanski, CEO at Knacks, to learn more about the sale.
KSB Appoints Pavel Dejl as New Managing Partner
Pavel Dejl has been appointed to Managing Partner at Kocian Solc Balastik as of August 1, 2022, taking over from Petr Kasik.
PRK Partners Advises SCS Software on Relocating Prague Headquarters
PRK Partners has advised SCS Software on relocating its Prague headquarters to the Roztyly Plaza project.
KSB Advises YCM on Acquisition of Stake in Trimill
Kocian Solc Balastik has advised Taiwan's Yeong Chin Machinery on the acquisition of a majority stake in Trimill.
KSB and Glatzova & Co Advise on Ronaldsay Sale of Green Point in Prague
Kocian Solc Balastik has advised Ronaldsay on the sale of Hampshire Green Point to Wood & Company. Glatzova & Co advised the buyers on the deal.
Ondrej Havlicek Makes Local Partner at Schoenherr
Schoenherr Head of Banking & Finance in the Czech Republic Ondrej Havlicek has been promoted to a Local Partner with the firm’s Czech office.
PRK Partners Advises on Sale of I.G. Bauerhin Group to Lear Corporation
PRK Partners, working alongside Luther, has advised the shareholder of the I.G. Bauherin Group on its sale to US automotive supplier Lear Corporation. Mayer Brown reportedly advised the Lear Corporation.
Noerr and Kinstellar Advise on Espira’s Sale of Icon Communication Centres to Yoummday
Noerr has advised Espira on the sale of Icon Communication Centres to Yoummday. Kinstellar advised the buyer.
Is There an Effective Legal Defence Against “Screenscraping”?
This article outlines the possibilities of a legal defence against “screenscraping” – a way of automated data extraction from web sites of third parties without their consent (or even against an express prohibition).
ESG Talks: M&A Trends and the Future of Due Diligence – A CEE Legal Matters Round Table
On July 7, four leading lawyers from Austria, the Czech Republic, Hungary, and Ukraine sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the increasing prominence of ESG issues and their impact on M&A transactions, due diligence procedures, and the role of the lawyers themselves.
Czech Republic: ESG from a Czech Point of View
Over the past few years, the phenomenon of ESG has grown in importance at a breathtaking speed. Originally an instrument in the financial markets allowing investors to better assess the risks in their investments, ESG has further evolved into a major legislative effort of the European Union.
KSB Advises Prazska Plynarenska on Financing for Gas Reserves
Kocian Solc Balastik has advised Prazska Plynarenska on obtaining financing from banks and the Prague municipality to build up its gas reserves for the winter.
Dentons Advises on Sale of Affidea to Groupe Bruxelles Lambert
Dentons has advised private investment firm B-Flexion and the Affidea Group on the sale of Affidea to Groupe Bruxelles Lambert. Kirkland & Ellis reportedly advised the buyer.