25.7.2008
News

Liberal decision of the Commission on gambling

The Court of Justice (“ECJ”) ruled that the Italian criminal penalties for the collecting of bets by intermediaries acting on behalf of foreign companies are contrary to community law (Joined Cases C-338/04, C-359/04, C-360/04 Placanica of 6 March 2007).

Under Italian legislation, the organizing of games of chance or the collecting of bets is subject to holding a license and police authorization. Any infringement of those rules carries criminal penalties of up to three years’ imprisonment. The ECJ makes it clear once again that a Member State may not apply a criminal penalty for failure to complete an administrative formality where such completion has been refused or rendered impossible by the Member State concerned, in breach of Community law.

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Kocián Šolc Balaštík provided legal advice to J&T IB and Capital Markets, a.s. as the arranger in preparing the base prospectus for 3M FUND MSI SICAV a.s.’s bond program.

Kocián Šolc Balaštík provided legal advice to J&T IB and Capital Markets, a.s. as the arranger in preparing the base prospectus for 3M FUND MSI SICAV a.s.’s bond program.

26.5.2026
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Shortlist Legal 500 Central & Eastern Europe Awards 2026

KŠB and partner Pavel Dejl have been shortlisted for the prestigious Legal 500 Central & Eastern Europe Awards 2026.

KŠBand partner Pavel Dejl have been shortlisted for the prestigious Legal 500Central & Eastern Europe Awards 2026.

28.5.2026
News

KŠB Partner Jan Lasák at ČBA EDUCA Panel Discussion

KŠB Partner Jan Lasák recently took part in a panel discussion organized by ČBA EDUCA as part of the ČBA’s Corporate Governance educational program.

KŠB Partner Jan Lasák recently took part in a panel discussion organized by ČBA EDUCA as part of the ČBA’s Corporate Governance educational program.