News & Publications  

Kocián Šolc Balaštík (KŠB) was named Law Firm of the Year in the Czech Republic for a second time in the Chambers Europe Awards for Excellence in Amsterdam yesterday.

David Elischer of the Law Faculty of Charles University joins Kocián Šolc Balaštík as an Of Counsel.

Professor Jan Dědič, a partner at law firm Kocián Šolc Balaštík, was recently honoured with the 2012 Patron of Czech Business award. The business community particularly noted his goal to simplify registration in the Commercial Register and his long-term efforts to clean up Czech commercial law.

Amendment to the VAT Act; Bill on investment companies and investment funds

The grand amendment to the Public Contracts Act, which substantially modifies requirements for both contracting authorities and bidders, came into effect on 1 April 2012.

Outlining the impact of the amendment, KŠB lawyers Martina Parusová Zímová and Jiří Horník provided commentary in the April 16 issue of Hospodářské noviny’s “Business” supplement.

New public procurement rules, cross-border employment, and Czech tax news, these were the issues discussed during a workshop held by the Czech-Polish Chamber of Commerce in Ostrava on 28 March 2012.

The March issue of Právo & Byznys features a profile on the rich professional life and career of professor Jan Dědič, a KŠB partner. One of the most experienced Czech experts in commercial law, who also celebrated a birthday at the beginning of this year, professor Dědič reflected on many issues, including the quality of Czech laws. According to him, Czech laws largely suffer from frequent and rash amendments.

In the latest Law & Justice supplement to Lidové noviny, KŠB attorney Jiří Horník contemplates how the much-feared Eurozone breakup could affect parties to contracts in euros.

At the beginning of March 2012 the Supreme Administrative Court in Brno satisfied a second cassation complaint lodged by Czech Radio. Claiming non-reviewability, the Supreme Administrative Court once again dismissed the Prague Municipal Court’s judgment whereunder Czech Radio was not allowed to exercise a claim to have VAT deducted on the grounds that it collects broadcasting fees. Czech Radio, represented by Kocián Šolc Balaštík, disagreed with the Municipal Court’s judgement.

On 1 April 2012, everyone working with public contracts in a professional manner will be faced with substantial changes brought on by the new amendment to the Public Contracts Act, which is one of two amendments to come into force on 1 April. Changes are also set to take place in relation to arbitration, especially with regard to so-called consumer-related disputes. The brief summary below provides important information on the key impacts of the two upcoming amendments.

The first 2012 issue of KSB’s quarterly newsletter features articles on the New Transparency Act, the new law supporting alternative energy sources, and the issue of re-exporting pharmaceuticals, which has become a hot topic in the industry. X Lege also continues to summarize the most important changes to be introduced on corporations since 2014 as a result of the recodification of the Czech civil and commercial law, this time focusing on joint-stock companies. Executives and company body members, namely those who receive remuneration for performing their office, may find it interesting to read about the new changes affecting the mandatory pension, sickness, and health insurance schemes.

Law firm Kocián Šolc Balaštík, as one of only five top domestic law firms in the Czech Republic, has been nominated for this year’s Chambers Europe Awards for Excellence 2012 in the category of National Firms. This prestigious award is given by the renowned British rating agency Chambers and Partners.