13.5.2011
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News
KSB succeeds in arbitration proceedings
Law firm Kocián Šolc Balaštík successfully represented its client, a major Czech insurance company, in a dispute concerning a claim to insurance proceeds in the amount of CZK 127 million with interest and charges.
The Arbitration Court Attached to the Economic Chamber of the Czech Republic and the Agricultural Chamber of the Czech Republic issued an arbitration award on 15 April 2011, by which it denied the action in the full extent thereof and recognized reimbursement of the costs of the litigation in favour of the insurance company.
The insurance company succeeded in the litigation by its arguments for application of an insurance exception, since the deals financed by the insurance company’s client were performed between interconnected persons, i.e. in conflict with the conditions stipulated by the insurance policy.
Other articles
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.
8.8.2025
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News
Project Financing of a Strategic Logistics Complex in Nymburk
KŠB provided legal advice to Facility Develop Group in securing two separate financings granted by Trinity Bank. The funds will be used for the development and expansion of a large logistics park in Nymburk, which is of key importance to the infrastructure of the entire Central Bohemian Region.
