19.6.2017
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News
Disputes
Agrofert Wins Final Decision in Dispute with United Bakeries
United Bakeries Group, which sells bakery products under the “Delta” and “Odkolek” brands, lost final decision in dispute with KŠB client Agrofert.
United Bakeries was ordered to return a CZK 100 million advance payment to Agrofert for a thwarted merger with Agrofert Group company Penam, which - according to the court - United Bakeries wrongly charged as a contractual penalty. Moreover, United Bakeries must pay default interest of CZK 36,000,000, plus the costs of the court proceedings.
The High Court in Prague thus upheld last May’s verdict by the Municipal Court in Prague, in which the court held that Agrofert was not responsible for the failed merger. The dispute began in 2011.
Other articles
20.5.2025
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News
With deep sorrow, we announce the passing of JUDr. Alexandr Kocián, one of the founders of our firm.
e was not only an icon of the legal profession in Karlovy Vary and a respected lawyer, but also an inspiring colleague, a mentor to an entire generation of our attorneys, and, last but not least, a man with a sense of humor who always spread good cheer.
14.5.2025
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M&A
A Landmark Transaction in Czech IT History: Seyfor Acquires 100% of Dotykačka
The KŠB team, led by Ján Béreš and Drahomír Tomašuk, was pleased to provide legal advice to our long-standing client, Seyfor, in its acquisition of full control over Dotykačka ČR, the leader of the Czech point-of-sale systems market.
