15.9.2015
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News
Disputes
Environmental Law
Penalty Rescinded for KŠB Client
KŠB helped a client win a lawsuit against the Czech Environmental Inspectorate, which had imposed a penalty on the client, an electric device manufacturer, for failure to abide by the Electric Waste Act. The penalty, which the Ministry of Environment confirmed, was rescinded by the Municipal Court in Prague due to being unlawful.
The dispute dates back to 2005/2006 when there were a number of administrative proceedings in which one funds manager was appointed for each of the ten electrical and electronic equipment (EEE) categories from among the collective systems for electric waste collection. KŠB represented one of the unsuccessful candidates. As a result of winning the dispute, the Ministry of Environment’s selection of the funds manager was abolished. At the same time, all penalties imposed on manufacturers involved in the collection system were not selected for the particular group of devices by the Ministry. Subsequently, the law applicable to the issue was amended and the monopoly eliminated.
Other articles
9.10.2025
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Financial services
KŠB assisted in financing the iconic Alchymist Grand Hotel and Spa
KŠB has been providing long-term legal advice to J&T Bank in connection with debt financing for Czech entrepreneurs. One of the most recent transactions involved granting a loan to the Alchymist Grand Hotel and Spa, one of Prague’s most renowned boutique hotels, owned by Giorgio Bonelli, a prominent figure in the Italian business community in the Czech Republic.
29.9.2025
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News
Legal advice on RegioJet financing
KŠB team led by Josef Kříž acted as legal advisor to Česká spořitelna and Komerční banka in connection with the issuance of RegioJet Group secured bonds, which will be admitted to trading on the Prague Stock Exchange. The expected volume is CZK 1.5 billion, but may increase to a total of CZK 4 billion. Assistance with this transaction is another successful step in strengthening our Capital Markets department led by Vlastimil Pihera.
