Dentons has successfully represented an unlawfully sterilized woman in administrative court proceedings against the Ministry of Health of the Czech Republic regarding a denied claim for compensation and subsequent appeal on a pro bono basis.
Clifford Chance Advises CSOB on Solarpark Kamenicna Acquisition Financing
Clifford Chance has advised Ceskoslovenska Obchodni Banka on financing the acquisition of Solarpark Kamenicna by Enery Development. CMS reportedly advised Enery.
New European Rules for Artificial Intelligence
This March, MEPs approved new rules for artificial intelligence (AI), the so-called Artificial Intelligence Act. This was presented by the European Commission in April 2021. It is the world's first comprehensive AI legislation. The Act aims to improve the functioning of the internal market by setting a single legal framework for the development, launch and use of AI. The AI Act also seeks to reduce the administrative and financial burden on businesses, especially small and medium-sized enterprises.
White & Case Advises Accolade on CZK 3 Billion Debut Green Bonds Issuance
White & Case has advised the Accolade Group on the issuance of CZK 3 billion 8.00% notes due 2029 with Ceska Sporitelna, J&T, and Komercni Banka as the arrangers and joint lead managers.
Hot Practice in the Czech Republic: Adela Krbcova on Peterka & Partners’ Labor Practice
In the Czech Republic, labor law advice has become highly sought after, primarily due to recent legislative amendments and the implementation of whistleblowing and other EU regulations, according to Peterka & Partners Partner and Director for the Czech Republic Adela Krbcova, with the surge in interest driven by the need for transparent and predictable working conditions and work-life balance.
Czech Republic: New Employers Obligations Regarding Employees Working Under Agreements to Complete a Job
New regulations governing agreements to complete a job (in Czech: dohoda o provedení práce) came into effect in the Czech Republic on 1 July 2024, with additional provisions set to be implemented on 1 January 2025. These amendments significantly modify the original provisions outlined in the Czech Consolidation Package (Act No. 349/2023 Coll.).
KSB Advises Seyfor on Acquisition of Recruitis.io
Kocian Solc Balastik has advised Seyfor on its acquisition of Recruitis.io.
New Building Act - Part 3
The new Czech Building Act (Act No. 283/2021 Coll., the Building Act, as amended (NBA)) became effective on 1 January 2024 and gradually replaces legislation set forth primarily in Act No. 183/2006 Coll., on zoning and building regulations (Building Act), as amended (OBA).
KSB and Hillbridges Advises J&T Banka on Centro Nitra Refinancing
Kocian Solc Balastik and Hillbridges have advised J&T Banka on Discovery Group’s Centro Nitra refinancing. DLA Piper reportedly advised Discovery Group.
KSB and Briza & Trubac Advise on Seyfor’s Acquisition of Datacruit
Kocian Solc Balastik has advised Seyfor on the acquisition of Datacruit from GoodGroup. Briza & Trubac advised GoodGroup.
Is an Amendment to the Competition Act in the Works?
You may have noticed that there has been a discussion about an amendment to the Act on Protection of Competition in recent weeks. If it passes the legislative procedure, what would it mean in practice?
Kinstellar and Talers Advises on Genesis Capital's Acquisition of Predvyber
Kinstellar has advised Genesis Growth Equity Fund I on the acquisition of a majority stake in Predvyber. Talers advised Predvyber.
Eversheds Sutherland Advises Silon on Acquisition of Pesl
Eversheds Sutherland has advised Silon on its acquisition of Pesl.
Prague-matic International Law Firms
Since the early 1990s, following the fall of the Iron Curtain, international law firms have established and expanded their presence in the Czech Republic, creating a dynamic legal market alongside burgeoning local firms. Deloitte Legal Czech Republic Managing Partner Martin Bohuslav and CMS Prague and Bratislava Partner Helen Rodwell explore the strategic entries, exits, and endurance of these firms amidst evolving market conditions and economic challenges in the region.
Inside Insight: Richard Bacek of Siemens
Siemens General Counsel for the Czech Republic and Slovakia Richard Bacek talks about his transition from law firms to in-house and ongoing challenges including navigating new legislation, such as cybersecurity regulations.
Know Your Lawyer: Tomas Sequens of Kocian Solc Balastik
An in-depth look at Tomas Sequens of Kocian Solc Balastik covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.
Czech Republic: Changes in Alternative Fund Regulation
Investment funds in the Czech Republic are regulated by the Czech Investment Companies and Investment Funds Act (ZISIF) and by local implementing regulations (governmental decrees and decrees of the Czech National Bank – CNB).
Petra Zunova Becomes Director of Legal Affairs at Phrase
Former White & Case Associate Petra Zunova has become the Director of Legal Affairs at Phrase.