CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Kocian Solc Balastik has advised arranger J&T IB Capital Markets on the issuance of unsecured unsubordinated book-entry bonds by J&T Energy Financing CZK, with a total value of EUR 750 million and an option to increase to EUR 2.25 billion.
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kinstellar Partner Jan Juroska has worked on 37 reported deals since 2013 – far and away the most of any lawyer in the Czech Republic?
Havel & Partners has advised European Housing Services on its investment in M&M Reality. Kocian Solc Balastik advised PM Family Estates as the sellers.
Kocian Solc Balastik has advised J&T Zemedelstvi a Ekologie on its acquisition of the Poline agribusiness.
Pavel Dejl has been appointed to Managing Partner at Kocian Solc Balastik as of August 1, 2022, taking over from Petr Kasik.
Kocian Solc Balastik has advised Taiwan's Yeong Chin Machinery on the acquisition of a majority stake in Trimill.
Kocian Solc Balastik has advised Ronaldsay on the sale of Hampshire Green Point to Wood & Company. Glatzova & Co advised the buyers on the deal.
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.
Kocian Solc Balastik has advised arranger J&T IB and Capital Markets on J&T Banka's issuance of subordinated unsecured income certificates without a maturity date.
Kocian Solc Balastik has advised British architecture firm William Matthews Associates on the agreements for the new Prague headquarters project for Sprava Zeleznic, the Czech National Railway Administration.
The COVID-19 pandemic undoubtedly hit the real estate market. In response, the government adopted a series of measures that included an extraordinary moratorium, often used by commercial tenants, and a rent reduction scheme in which the government subsidized the rent in cases where the landlord was willing to provide a discount. Most importantly, the crisis made the government abolish the 4% real estate transfer tax.
Clifford Chance has advised UniCredit Bank Czech Republic and Slovakia on the refinancing of the existing financial indebtedness of the Mattoni 1873 group.
Kocian Solc Balastik has advised the VGP Group on leasing a 49,000 square-meter warehousing commercial space in VGP Park Olomouc to Hella Autotechnik Nova. Dentons reportedly advised Hella Autotechnik on the deal.
DLA Piper has advised the Karlin Group on a joint residential investment in Prague with PPF Real Estate. Kocian Solc Balastik advised PPF.
Kocian Solc Balastik has advised Alkohol.cz on receiving an investment from the Rockaway Capital group.
Contributed by Kocian Solc Balastik.
Former Counsel Tomas Sequens has been promoted to Partner at Kocian Solc Balastik.
Thinking about my journey and experiences as an expat lawyer in the Czech Republic, I vividly recall one of the early client meetings I had fresh off the boat in the mid-1990s. A CEE client came to the office with a “suitcase” telephone … an old school plastic telephone with a rotary dial and a long antenna, encased in an MDF “custom telecommunications suitcase” which he proudly lugged onto the desk … (He was also wearing one of those plum-colored shiny polyester suits so beloved by New Europe Entrepreneurs in the 90s). Note to incredulous young lawyers reading this: in those days there were no mobile phones (The horror!).
Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.
Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.
Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.
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