KŠB Advises on CETIN Squeeze-Out
The legal advice was unique for several reasons: primarily, it marked one of the first squeeze-outs under the new Corporations Act which took effect on 1 January 2014, with the squeeze-out provisions differing substantially from the ones under the previously applicable Commercial Code. As a result, there were various interpretation issues with no case-law support.
KŠB provided full-service advice which covered the entire squeeze-out procedure, including cooperation on many issues associated with compensation payments to more than thirty thousand shareholders. This figure is another reason which made the deal so unique.
Following the squeeze-out, CETIN became fully owned by a PPF Group company which owned over 90% of the shares in CETIN before the squeeze out. CETIN was established last year as the survivor of the O2 Czech Republic spin-off. Details are available here.
Other articles
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
KŠB at EMUN’s Investment Outlook 2026 Conference in Prague
Kocián Šolc Balaštík (KŠB) continues its active cooperation with key partners in the investment and financial sectors, most recently as a partner of EMUN’s Investment Outlook 2026 conference.
