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Accounting Act

Decree GFD D-8

Representing RWE Transgas in proceedings at the Regional Court in Brno, KSB was recently successful in getting a CZK 240 million fine nullified for a third time. The fine was originally imposed by the Competition Authority in 2006 for RWE Transgas’s alleged violation of competition on the wholesale gas market.

Kocián Šolc Balaštík kicked off the new year by helping complete a significant transaction: the sale of UG Air, an operator of duty free and fashion shops at the international airport in Prague, to Aelia Czech Republic s.r.o.

Summary of the most substantial legislative changes to take effect in 2012. The changes will have an impact on commercial law, corporate law (including criminal liability of corporations), labour law, tax, real estate, administrative justice, electronic communications, and a number of other areas and industries.

Kocián Šolc Balaštík was recently honoured once again as one of the best law firms in the Czech Republic and, for a remarkable fourth year in a row, it won the distinguished Law Firm of the Year 2011 award in the category of Company and Competition Law.

Amendment to the VAT Act; Retirement reform; Health care reform

On Sunday 13 November 2011 the seventeenth charity concert of the Olga Havel Foundation’s Good Will Committee was organized by Kocián Šolc Balaštík in the Church of St. Simon and St. Jude in Prague. The funds from the concert, which were raised thanks to significant contributions from KSB’s clients, friends, business partners and colleagues, will be used to support the Good Will Committee’s Senior project.