KŠB Advised Tiger Global Management on the Sale of a Minority Stake in Seznam.cz
KŠB’s advice focused on Czech corporate and contract law issues, including pledge aspects. The challenge was to harmonize the interests of both minority shareholders and meet a very tight deadline.
Tiger Holding Four and Mirua International have held a 30% stake in Seznam.cz since 2007. Seznam.cz, whose online website bears the same name, will thus cease to have a minority shareholder after 15 years. Founder Ivo Lukačovič is now the only beneficial owner of the company. Seznam.cz, which is the most visited Czech website, is famous for its innovative approach and ability to compete with major worldwide browsers.
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Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.
Active counter-drone measures need a broader legal basis
A highly noteworthy legislative proposal was added to the VeKLEP interministerial consultation database on 21 July 2026, namely a government bill amending several laws with the aim of strengthening the resilience of critical infrastructure entities against unmanned aircraft systems. Drafted by the Ministry of the Interior, the bill includes proposed amendments to the Civil Aviation Act and the Act on the Czech Police.
Tomáš Sequens and Dana Jacková Discuss the Risks of the Proposed Amendment to the Building Act
KŠB partner Tomáš Sequens and counsel Dana Jacková recently spoke to specialist news platforms Česká justice and Ekonomický deník about the proposed amendment to the Building Act, which aims to accelerate and simplify the construction permitting process.
