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18.11.2020
News
Pro bono

Fundraising for the Good Will Committee – Olga Havel Foundation

30.10.2020
News
Competition

The European Commission has confirmed, on a preliminary basis, the complaint prepared by KŠB that there was an abuse of dominant position on the railway transport market in the Czech Republic

KŠB’s competition law team led by partner Pavel Dejl and other team members Sylvie Sobolová, Martin Vráb a Hana Dejlová was successful in representing the railway carrier LEO Express in a complaint filed against a dominant competitor on the Czech rail passenger transport market, České dráhy, a.s.
22.10.2020
News

Contract Competition 2020

8.10.2020
News
Financial services

KŠB advises J&T Banka on providing project financing to Julius Meinl Living Group for development of apartment hotel on Senovážné náměstí

KŠB’s team, led by Josef Kříž  in cooperation with Ota Mach and under the supervision of partner Martin Krejčí, advised J&T Banka on drafting complete contractual documentation related to project financing worth EUR 27 million for Julius Meinl Living Group.
29.9.2020
News
Public procurement

KŠB Advises Plzeňské městské dopravní podniky on Public Contract

KŠB’s team of Sylvie Sobolová, Václav Rovenský, Martina Parusová Zímová and Ján Béreš advised Plzeňské městské dopravní podniky, a.s. (Pilsen Public Transport Corporation) on awarding a public contract to renovate the tram depot in Plzeň Slovany.
18.9.2020
News
M&A

KŠB assisted Eligo in the acquisition of the Czech activities of the Sodiaal Group

The KŠB team provided legal advice to Eligo, a food company specializing in the production of dried dairy products, on the acquisition of the Czech branch of the French company Euroserum, a manufacturer of dried whey, which is part of one of the world's largest dairy cooperatives Sodiaal.  
17.9.2020
News
Capital markets

KŠB Represents Walteran Company at the ČNB

KŠB’s team led by partner Vlastimil Pihera successfully represented Walteran Company in licensing proceedings at the Czech National Bank to obtain a license to operate an investment company, which the company was granted on 1 September 2020.
14.9.2020
News
M&A
TMT

KŠB Advises WY Group on Acquisition of HOSTING90 systems

KŠB’s team led by senior associate Jana Guričová and partner Drahomír Tomašuk advised WY Group on the acquisition of HOSTING90 systems s.r.o. and Hosting zdarma s.r.o. – two IT companies specializing in webhosting, managed services, VPS servers, dedicated VDS servers and domain registration.
14.9.2020
News
Tax
M&A

KŠB Advises on Sale of Smetanová cukrárna

KŠB provided comprehensive legal advice on the sale of Smetanová cukrárna, a.s.
10.8.2020
News
M&A

KŠB Advises Inner Mongolia Mengtai on the Acquisition of the Czech Part of apt Group

KŠB’s team of managing partner Dagmar Dubecká and senior associates Sasha Štěpánová, Jana Guričová, Viktor Zelinka and Dana Jacková, advised China-based company Inner Mongolia Mengtai on the acquisition of the Czech part of the apt group.
23.7.2020
News
M&A

KŠB Advises Škoda Transportation Group on Acquisition of EKOVA ELECTRIC

KŠB’s team (partner Petr Kasík and senior associate Jakub Porod) advised Škoda Transportation Group on the acquisition of a 100% stake in Ostrava-based EKOVA ELECTRIC, which is engaged in the manufacture, upgrading and maintenance of tramways, trolleybuses and electric buses.
30.6.2020
News
Corporate law

KŠB advises its long-term client Solitea on merger of dozens of companies

Solitea Holding, which is engaged in developing business, accounting and HR solutions and has more than 260,000 customers in 15 countries, will merge thirty companies from the Czech Republic and Slovakia into two national companies with effect from 1 July. The merger is primarily designed to streamline and simplify communications and administration.
29.6.2020
News
Capital markets

Vlastimil Pihera elected to the AKAT Ethics Committee

KŠB Partner Vlastimil Pihera was elected to the Ethics Committee of the Association for the Capital Market of the Czech Republic (AKAT).
26.6.2020
News
M&A
TMT

KŠB' assistance in the acquisition of a stake in Revolgy Business Solutions

The KŠB team led by partner Drahomír Tomašuk and lawyer Ján Béreš represented the investment company Sandberg Capital in the acquisition of a 35% stake in Revolgy Business Solutions, a company providing digital transformation services through cloud infrastructure and online communication tools, whose clients include Avast, Česká spořitelna , Kofola or Fincentrum.
5.6.2020
News
Disputes

KŠB won a dispute as the National Theatre’s legal counsel

KŠB won a dispute as the National Theatre’s legal counsel in proceedings before the Supreme Court regarding rent payment. The Supreme Court accepted KŠB’s argument reasoning, dismissed the other party’s appeal, and confirmed the previous decisions by courts of lower instances issued in favour of the National Theatre.
5.6.2020
News
Financial services

Kocián Šolc Balaštík has advised Boels with Czech aspects on over €1 billion financing of Boels' acquisition of Cramo by way of public offer

Kocián Šolc Balaštík has advised Boels Topholding B.V. (Boels) with Czech aspects on a term loan and a revolving credit facility for Boels of over €1 billion provided by a bank syndicate consisting of Credit Suisse International, ING Bank N.V., ABN AMRO Bank N.V., Coöperatieve Rabobank U.A. and BNP Paribas Fortis NV/SA as mandated lead arrangers, physical bookrunners and underwriters. 
5.6.2020
News
M&A
TMT

KSB's assistance in the acquisition Axfone LLC's hosting division

KSB team led by partner Drahomír Tomašuk and attorney Jana Guričová represented the leading Czech hosting company IGNUM belonging to the Slovak group WY Group (Sandberg Capital) in the acquisition of hosting division of Axfone LLC, development and telecommunications company with branches in Europe, the USA and Asia.
5.6.2020
News
Financial services

KŠB advised ARETE Group on refinancing

KŠB represented the ARETE investment and real estate group in the preparation of contractual documentation concerning the (re)financing of the portfolio of its CEE II subfund in the amount of EUR 80 million.
30.4.2020
News

KŠB Ranks Once Again In The Prestigious Legal 500

KŠB once again ranked in the top spots in the up-to-date yearbook of the prestigious rating agency Legal 500 and is recommended in eight categories.
18.3.2020
News

KSB scores again in the current Chambers Europe Yearbook

The renowned British rating company Chambers and Partners once again recommends Kocián Šolc Balaštík in its current publication “Chambers Europe 2020”.
9.3.2020
News
M&A
TMT

KSB's assistance in the acquisition of Stable.cz

KSB team led by partner Drahomír Tomašuk and attorney Ján Béreš represented the leading Czech hosting company IGNUM belonging to the Slovak group WY Group (Sandberg Capital) in the acquisition of Stable.cz s.r.o., a Czech company operating for 9 years in the field of web hosting and server services.
2.3.2020
News
M&A
TMT

KSB assisted Solitea Holding in acquisition of AXIOM PROVIS

KSB's team led by partner Drahomír Tomašuk and attorney Jana Guričová represented Solitea in an acquisition of 100% stake in AXIOM PROVIS Int., s.r.o. The acquired company focuses on the supply of business systems for the automotive sector and financial services and a it is a major implementation partner of Microsoft Dynamics.
24.2.2020
News

KŠB Nominated for 2019 Deal of the Year Award

KŠB’s legal advice to Karlovarské minerální vody Group (KMV) is one of the three nominees for the prestigious 2019 Deal of the Year Award granted by CEE Legal Matters magazine.
18.2.2020
News

KSB scores in Chambers Global 2020

The renowned British rating agency Chambers and Partners once again recommends Kocián Šolc Balaštík in its current publication “Chambers Global 2020”.
29.1.2020
News
Private wealth, tusts, foundations

KSB provided legal services to the Experientia Foundation

KSB's team led by partner Vlastimil Pihera provided legal services to the Experientia Foundation in connection with the transformation and professionalization of the foundation.
7.1.2020
News

Jan Lasák and Vlastimil Pihera Become KŠB Partners

Counsels Jan Lasák and Vlastimil Pihera were made partners at KŠB as of 1 January 2020.
17.12.2019
News

Jan Dědič and Vlastimil Pihera Awarded for their Contribution to Czech Legislation

KŠB partner Professor Jan Dědič and KSB counsel Vlastimil Pihera were among the lawyers who were awarded for their contribution to Czech legislation on the occasion of the 50th anniversary of the Czech Government’s Legislative Council, which is the Government’s advisory authority in charge of legislative activities.
10.12.2019
News
M&A
TMT

KSB Advises Solitea Holding on Acquisition of Clever Decision

KSB’s team led by partner Drahomír Tomašuk advised Solitea Holding on the acquisition of a 100% share in Clever Decision, spol. s r.o., a major BI solution and data warehouse player on the Czech and Slovak markets.
21.11.2019
News
M&A
TMT

KŠB Advises on IGNUM Acquisition

KŠB’s team led by partner Drahomir Tomašuk advised WY Group, a member of the Sandberg Capital Group, on the acquisition of IGNUM, s.r.o, a major Czech player in the field of web hosting and domains which has been on the market for 19 years.
18.11.2019
News

Dagmar Dubecká and Simona Hornochová among Important Female Lawyers of 2019

Managing partner Dagmar Dubecká and tax advisor Simona Hornochová were included in the list of the Important female lawyers by the magazine Právní rádce.
5.11.2019
News

Women in Law Panel Discussion and KŠB Open Day

KŠB partner Sylvie Sobolová will speak at the Women in Law panel discussion as part of KŠB’s partnership with the Meeting of Important Lawyers Project. The discussion will take place on 18 November 2019 from 5:30 pm to 7:30 pm at Charles University Law School.
9.10.2019
News
Pro bono

25th Annual Charity Concert of Good Will – Olga Havel Foundation

This year’s Charity Concert of Good Will, which Kocián Šolc Balaštík has organised since 1995 to help support the Goodwill Committee - Olga Havel Foundation, will take place on Sunday, 8 December 2019 at 19:00 at the Church of St. Simon and St. Jude in Prague’s Old Town.
19.9.2019
News

KŠB Opens New Client Suite in September 2019

In September 2019, KŠB opened a new client suite on the 6th floor in Jungmannova Plaza.
11.9.2019
News

KŠB Supports Business Law Summer School

The Business Law Summer School organized annually by Masaryk University Law School in Brno, in cooperation with Palacký University Law School, was held this year on 15 - 19 July 2019 once again in Velké Bílovice.
9.9.2019
News
Real estate and construction

KŠB Assists on the Sale of Panorama Hotel Prague

KŠB Team (partner Václav Rovenský and associate Jakub Porod) provided Corinthia Palace Hotel Company Limited with comprehensive legal advice on the sale of its Panorama Hotel Prague and adjoining land and property to the Austrian developer S + B Gruppe.
9.9.2019
News
M&A

KŠB Advised PepsiCo CZ on the Sale of Its Toma Business

KŠB’s team (managing partner Dagmar Dubecká and associate Jana Guričová) advised PepsiCo (a KMV company) on separating and selling its Toma business (a bottled water producer) to Coca-Cola HBC Česko a Slovensko.
27.8.2019
News
M&A

KŠB Advises Karlovarské minerální vody on Acquisition of Largest Serbian Mineral Water Producer

KŠB’s team led by partners Dagmar Dubecká and Martin Krejčí with associates Ivo Průša and Jana Guričová advised Karlovarské minerální vody Group (KMV), which, in a joint venture with PepsiCo, acquired Knjaz Miloš – the largest Serbian mineral water and non-alcoholic beverage producer.
19.8.2019
News
M&A
TMT

KSB provided legal assistance to Solitea Group in the acquisition of the companies Dotykačka and Smart Software

KSB has provided comprehensive legal advice to the Solitea Group on the acquisition of a stake in the company Dotykačka and the acquisition of Smart Software, operating the Markeeta brand. The legal advice consisted mainly in the preparation and negotiation of acquisition contracts. Our legal services to Solitea included also advice on bank financing for the acquisitions referred to above.
3.7.2019
News

Sportovní úspěch KŠB

25.4.2019
News

Adaptační zákon ke GDPR je účinný

12.4.2019
News

Incorporation of KŠB Accounting s.r.o.

In an effort to complement the range of services provided by our law firm, we have decided to establish a subsidiary – KŠB Accounting s.r.o. (KSBA). KSBA offers comprehensive services in the field of accounting and reporting, to both domestic and foreign businesses operating on the Czech market.
3.4.2019
News

KSB Ranked in Latest Chambers Europe 2019 Yearbook

The reputable British rating agency Chambers and Partners once again recommends Kocián Šolc Balaštík in its current "Chambers Europe 2019 Yearbook".
22.2.2019
Publications
News

Commentary on the State Enterprise Act

A team of KSB lawyers (Jan Dědič, Jana Guričová, Josef Kříž, Jan Lasák, Jakub Porod) contributed a commentary on the State Enterprise Act published by Wolters Kluwer last September (the commentary is available here).
21.1.2019
News

KŠB Names New Partner and Counsel

As of 1 January 2019, Drahomír Tomašuk was named a new KŠB partner and Martin Kubík was appointed a counsel. Both have been with KŠB for many years and their promotions are an acknowledgment of their commitment to the firm.
9.1.2019
News
Competition

KSB Wins Damages Case for Asiana

KSB’s litigation team led by Pavel Dejl recently won a case at the Regional Court in Brno. The judgment, which is yet to become enforceable, orders Student Agency to pay Asiana CZK 11.7 million plus default interest for damages resulting from illegally forcing Asiana out of the bus transport market on the Prague-Brno route in 2007 and 2008.
17.12.2018
News

Contract Competition Marks Its Seventh Year

ELSA, the largest independent association of law students in the world, recently organized the seventh annual Contract Competition in cooperation with KSB.
28.11.2018
News

Simona Hornochová Joins KŠB

Tax advisor Simona Hornochová has joined the ranks of Kocián Šolc Balaštík (KŠB) today.
28.11.2018
News
Real estate and construction

KŠB advised on the sale of Forum Karlin complex

KŠB advised the seller on the sale of a group of real estate assets in Prague’s Karlín district to the real estate fund of Amundi Czech Republic. The heart of this complex is the multi-purpose Forum Karlín hall that hosts musical, social, and professional events.
22.11.2018
News

Kocián Šolc Balaštík Takes Part in Social Events

KŠB has recently held, or taken part in, several social events.
22.11.2018
News
Pro bono

24th Annual Charity Concert of Good Will – Olga Havel Foundation

The 24th Annual Charity Concert of Good Will took place at the Church of St. Simon and St. Jude in Prague’s Old Town on 18 November. Kocián Šolc Balaštík has supported the Olga Havel Foundation by organizing the charity concerts since 1995.
21.11.2018
News

KŠB Ranked Once Again in Prestigious IFLR1000

KŠB was ranked once again in the top spots in prestigious rating agency IFLR1000’s most recent yearbook and is recommended in all categories: banking & finance, capital markets, M&A, restructuring and insolvency, and project development.
7.11.2018
News
Competition
M&A

Czech Competition Authority Approves Karlovarské minerální vody’s Acquisition of PepsiCo’s Operations

KSB advised its long-standing client Karlovarské minerální vody (KMV) on acquiring PepsiCo’s assets and operations on the Czech, Slovak and Hungarian markets
31.10.2018
News

Contract Competition 2018

17.9.2018
News
Publications

Professor Jan Dědič Comments on Amendment to the Corporations Act in Lidové noviny

Lidové noviny featured an interview with Professor Jan Dědič, KŠB Partner and one of the leading experts on Czech commercial law.
17.9.2018
News
Pro bono

24th Annual Charity Concert of Good Will – Olga Havel Foundation

This year’s Charity Concert of Good Will, which Kocián Šolc Balaštík has organised since 1995 to help support the Goodwill Committee - Olga Havel Foundation, will take place on Sunday, 18 November 2018 at 19:00. Once again, the concert will be held at the Church of St. Simon and St. Jude in Prague’s Old Town.
3.8.2018
News
M&A

KSB advised ŠKODA AUTO DigiLab on its CareDriver project.

After successful assistance with transferring the HoppyGo project to ŠKODA AUTO DigiLab, KSB provided and continues to provide comprehensive legal advice on the CareDriver project.
24.7.2018
News
Energy

News from KŠB's Energy Law Team

KŠB successfully represented CARTHAMUS a.s. in administrative proceedings in which CARTHAMUS sought to obtain clearance to operate a biomass heating plant in Český Krumlov - Domoradice/Přísečná.
13.6.2018
News

KŠB Wins CEE Legal Matters’ “Deal of the Year”

KŠB was recently awarded CEE Legal Matters’ “Deal of the Year”. The deal which KŠB nominated for the award concerned the transfer of 100% of the shares in AGROFERT, a.s. and SynBiol, a.s. to two private trusts. The lawyers responsible for the transaction were KŠB partner Petr Kasík, counsel Vlastimil Pihera and associates Martin Kubík and Jakub Porod.
29.5.2018
Publications
News

New article by Václav Rovenský and Tomáš Sequens published in CEE Legal Matters magazine

Partner Václav Rovenský and counsel Tomáš Sequens look at the issue of state aid for Czech green energy sources in CEE Legal Matters magazine.
15.5.2018
News

KŠB Sponsors 7th Annual Corporate Lawyer Awards

KŠB was one of the proud sponsors of the “Podnikový právník 2018” (Corporate Lawyer 2018) awards organized by the Union of Corporate Lawyers in cooperation with publisher Economia and monthly magazine “Právní rádce” (Legal Counsel). The ceremony took place in Prague’s Sacred Heart church.
14.5.2018
News
Capital markets

KSB has acted as Czech counsel to ENERGO-PRO a.s.

KSB has acted as Czech counsel to ENERGO-PRO a.s. in respect of its issuance of EUR 250,000,000 of 4.50 per cent. Guaranteed Notes due 2024 (the "Notes").
19.4.2018
News

KŠB Ranks Once Again In The Prestigious Legal 500

KŠB once again ranked in the top spots in the up-to-date yearbook of the prestigious rating agency Legal 500 and is recommended in eight categories.
21.3.2018
News

KŠB in 2018 Chambers Europe

Renowned British ratings agency Chambers and Partners recommends KŠB and its lawyers in nine fields in the latest edition of the Chambers Europe 2018 guide.
21.3.2018
Publications
News
Tax

Helena Navrátilová and Jan Černohouz author expert commentary on Czech tax environment for Chambers Global Practice Guides

KŠB tax partner Helena Navrátilová and KŠB counsel Jan Černohouz have written a chapter on corporate tax in the Czech Republic for Chambers Global Practice Guides. The guide provides expert legal commentary on key tax law issues and summarizes the latest developments in each particular jurisdiction.
21.3.2018
News
Aviation and aerospace

Consortium of Kocián Šolc Balaštík (KSB), PwC Legal Germany, PwC Legal Czech Republic and Heuking Kühn Lüer Wojtek advise the European Global Navigation Satellite Systems Agency GSA

The European Global Navigation Satellite Systems Agency (GSA) in Prague is an agency founded by the European Union whose mission is to implement the satellite programs GALILEO and EGNOS. GALILEO is a satellite navigation system that will be completed in orbit by 2020, providing improved positioning and timing information with significant positive implications for many European services and users. EGNOS is the Europe's regional satellite-based augmentation system (SBAS) that is used to improve the performance of global navigation satellite systems (GNSSs), such as GPS and Galileo.
1.3.2018
News

KŠB once again nominated as Law Firm of the Year in Chambers Europe Awards 2018

KŠB has once again been nominated for a Chambers Europe Award in the category of best law firm in the Czech Republic. This prestigious award is announced annually by the renowned British ratings agency Chambers and Partners.
21.2.2018
News

KSB Advises on Investment in Car-Sharing App

KSB provided comprehensive legal advice to ŠKODA AUTO DigiLab as part of its HoppyGo project, a car-sharing application developed by CreativeDock that brings car owners together with drivers who want to rent a vehicle.
15.2.2018
News
M&A

KŠB Advises Karlovarské minerální vody on Acquisition of PepsiCo Companies in the Czech Republic, Slovakia and Hungary

One of the largest producer of mineral and spring water in Central Europe, Karlovarské minerální vody, is purchasing PepsiCo’s Czech, Slovak and Hungarian operations.
14.2.2018
News

Martin Šolc zařazen rankingovou společností Legal500 do síně slávy

14.2.2018
News
Publications

Partner kanceláře Martin Šolc pro The Times

13.2.2018
News
Intellectual property

“Kingdom Come: Deliverance” Launched Tuesday with KSB Involved as Legal Counsel

KSB advised Czech game development studio Warhorse on the initial crowdfunding for the project and on the legal aspects of the game’s development, including the licensing arrangements with the software developers.
26.1.2018
News

Contract Competition Marks Its Sixth Year

ELSA, the largest independent association of law students in the world, recently organized the sixth annual Contract Competition in cooperation with KSB. 
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Private wealth, tusts, foundations
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2.2.2011
Publications

No more waiting for Godot. PPP Bulletin No. 4/2010

Christian Blatchford publishes an article in the PPP Bulletin, the professional quarterly of the PPP Association, proposing a realistic solution for accelerating construction of the D3 motorway in the form of PPP. To download the article click here.
2.2.2011
Publications

The project financing element in PPP projects. PPP Bulletin No. 4/2007

Christian Blatchford publishes an article in the PPP Bulletin, the professional quarterly of the PPP Association, drawing attention to joint characteristics of project financing and PPP – Public Private Partnerships, i.e. the cooperation between public and private sector. To download the article (in Czech only) click here.
2.2.2011
Publications

Decisions by the sole member (foreign subject) exercising the powers of the General Meeting. Obchodněprávní revue No. 12/2010

Jan Dědič and Petr Kasík published an article in the professional monthly Obchodněprávní revue, which specializes in commercial law and law of financial markets, on the topic of decisions of the sole member of the company in events where such sole member is a foreign subject. The article addresses the consequences arising from the Supreme Court of the Czech Republic ruling that a decision of the sole member does not constitute a legal act.
2.2.2011
Publications

Implementation of PPP should accelerate, not slow down. PPP Bulletin No. 2/2007

Christian Blatchford publishes an article in the PPP Bulletin, the professional quarterly of the PPP Association, appealing for acceleration of implementation of PPP projects in the Czech Republic as necessary. To download the article (in Czech only) click here.
31.1.2011
News

Petr Kasík appointed as chairman of the III Chamber of the Czech National Bank’s Appeals Committee

The Bank Board of the Czech National Bank appointed Petr Kasík, a KSB partner, as the chairman of the III Chamber of the Czech National Bank’s Appeals Committee effective as of 1 January 2011. Petr Kasík has been on the Czech National Bank’s Appeals Committee since 2008.
31.1.2011
Publications

Lawsuits filed by minority shareholders – should corporations and their managers be concerned? Epravo.cz Magazine, No. 3/2010

Jan Lasák published an article in Epravo.cz Magazine addressing issues associated with lawsuits filed by minority shareholders. These issues are fairly relevant at present as lawsuits filed by “professional” minority shareholders constitute an imprescriptible means of coercion that managers of public limited companies with minority shareholders must keep in mind and deal with in managing and administrating the company’s affairs. To download the article (in Czech only) click here
27.1.2011
News

Bills pending debate - VAT Act

The Senate, at the 4th session held on 26 January 2011, returned the VAT Act with two proposed amendments to the House of Representatives
27.1.2011
News

Communication from the Ministry of Finance and the General Financial Directorate

Information on filing real estate tax returns; Summary of 2011 real estate tax coefficients; Translation of selected chapters of the Transfer Prices Directive; 2010 Uniform Exchange Rates
27.1.2011
News

Notice regarding amendment to the Income Tax Act

Change of duties of parties that pay tax effective as of 1 January 2011
27.1.2011
News

Case-law - Judgment by the Supreme Administrative Court regarding the Executive’s employment

Judgment by the Supreme Administrative Court regarding the Executive’s employment
26.1.2011
News

Discussed bills

Value Added Tax Act
26.1.2011
News

Newly approved and effective laws

Discounts on insurance – Act No. 221/2009 Coll. amending Act No. 589/1992 Coll. on Social Security Insurance Contributions and Act No. 586/1992 Coll. on Income Taxes; The Payment System Act; The Amendment to the Act of Administration of Taxes and Fees through the Payment System Act
26.1.2011
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
19.1.2011
Publications

EU legal regulations with judicature - law of commercial companies

Jan Lasák is the author of the first publication of a new series by Wolters Kluwer that brings a practical and complex collection of the valid current wording of communitary legal regulations from the field of law of commercial companies together with the decision-making practice of the European Court of Justice.
12.1.2011
News

KSB represented Mr. Miloš Červenka and his company MCA, a.s. in respect of a major real estate deal with the PPF group

Kocián Šolc Balaštík represented Mr. Miloš Červenka and his company MCA, a.s. in respect of a major real estate deal with PPF group. The concluded agreements concern extensive land parcels intended for the execution of development projects in and around Prague together with other investment partners.
12.1.2011
Publications

Legislative changes as of January 2011

The Czech newspaper Lidové noviny published on 3 January 2011 and on 10 January 2011 in its section Law & Justice (Právo & Justice) an overview as prepared by Kocián Šolc Balaštík, of the most important legal and tax changes valid since the start of January 2011.
11.1.2011
News

Business activities in the Czech Republic and Poland – comparative differences in the Commercial Register

Czech Television (Česká televize) presented a news report on the subject of the Commercial Register in the Czech Republic and Poland with Darina Kovačíková, attorney at Kocián Šolc Balaštík’s office in Ostrava. The report can be found on www.ct24.cz/zive, in Archive section, broadcast on 3 December 2010, Události v regionech (Ostrava) TV show, broadcast time 04:23 (minute of the show 19:30 to 22).
11.1.2011
News

New Tax Procedure Code

Helena Navrátilová, the head of KSB tax team, has been interviewed regarding the new Tax Procedure Code (valid since January 2011) and also on other changes in tax regulations coming this year, in the Téma Z1 show broadcast on the news and public affairs television station Z1.
10.1.2011
News
Competition

Representation of Asiana spol. s r.o. in the matter of potential infringement of competition rules by STUDENT AGENCY, s.r.o.

Kocián Šolc Balaštík successfully represented Asiana spol. s r.o. (a limited liability company) in the matter of investigation by the Office for the Protection of Competition  (the “Office”) of violation by STUDENT AGENCY, s.r.o. (a limited liability company) of Act on the Protection of Competition.
30.11.2010
News

KSB holds specialist seminar on Polish and Czech law in business

On 25 November 2010 Kocián Šolc Balaštík held, in cooperation with the Czech-Polish Chamber of Commerce and Polish law firm Wardyński & Partners, a specialist seminar focused on basic differences in legal regulation of business activities in the Czech Republic and Poland.
29.11.2010
Publications

Who is afraid of new regulation of private law? Euro No. 45/2010

KSB partner Martin Šolc comments in the weekly Euro on the need to push through the new Civil Code and Act on Corporations. He draws attention to a number of problems caused by existing legal regulations for entrepreneurial environment, for example the existence of two different legal regimes for one and the same agreement, the institute of invalidity of legal acts and others. The whole article can be downloaded here (in Czech only).
25.11.2010
Publications

How to Enforce Human Rights

KSB partner Martin Šolc, who specializes in advisory on transactions in the field of mergers and acquisitions, has also been performing professional activities for a long time with the International Bar Association (IBA), a leading organization of international legal practitioners, bar associations and law societies, bringing together more than forty thousand attorneys and one hundred and ninety-seven chambers of attorneys on all continents.
25.11.2010
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
24.11.2010
News

From Judicature - the European Court of Justice issued in July 2010 a resolution concerning application of VAT to invoices for delivery of goods or provision of services

The European Court of Justice (ECJ) issued in July 2010 a resolution concerning application of VAT to invoices for delivery of goods or provision of services that contain an error that is not in compliance with all conditions imposed by Articles 167, 178, letter a), point 1 and Article 226 of the Council Directive No. 2006/112/EC (“Directive”).
24.11.2010
News

New bills

Amendment to the Act on Local Financial Authorities: Changes to Respective Roles of Authorities and a Specialized Financial Office
24.11.2010
News

New bills

Amendment to the Act on Local Financial Authorities: Changes to Respective Roles of Authorities and a Specialized Financial Office
24.11.2010
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
16.11.2010
News

KSB is Law Firm of the Year 2010 in the Category of Company and Competition Law

Law firm Kocián Šolc Balaštík has been named leading law firm in the category of company and competition law in the Law Firm of the Year 2010 competition, organized by Epravo.cz.
12.11.2010
News
Financial services

KSB’s legal services for Banque Privée Edmond de Rothschild Europe

Law firm Kocián Šolc Balaštík provided legal services to the group Banque Privée Edmond de Rothschild Europe in connection with the opening of its agency in the Czech Republic. KSB’s advice focused on in particular preparation and submission of an application to the Czech National Bank for registration of the agency of the group Banque Privée Edmond de Rothschild Europe.
10.11.2010
News
Energy

KSB provides legal advisory during the development of a mining plant in Vietnam

Law firm Kocián Šolc Balaštík provided legal advisory to TRADE B.G.M. a.s. in connection with its development of a plant for the mining and treatment of kaolin in the city of Dong Hoi in Vietnam, in the approximate value of CZK 450 million.
8.11.2010
News
Pro bono

This year’s Charity Good Will Concert

Law firm Kocián Šolc Balaštík is again organizing its traditional Charity Concert for the Good Will Committee of the Olga Havel Foundation. The now sixteenth annual concert will be held on 21 November 2010 from 7 p.m. in the Church of St. Simon and St. Jude, Old Town Prague.
22.10.2010
News
Environmental Law

Supreme Administrative Court confirms legitimacy of lawsuit filed by WEEE collection system operator against Ministry of Environment

Kocián Šolc Balaštík advised REMA Systém, a.s., a waste electrical and electronic equipment collection system operator which won an administrative lawsuit against a decision by the Minister of Environment. The proceedings concerned the refusal of an application to register REMA Systém, a.s. in the so-called List of manufacturers of electrical devices that are to be in charge of ensuring the financing of the disposal and handling of historical electrical devices within class 3 – IT and telecommunications equipment.
5.10.2010
News

Legal Advice for Pension Funds in Connection with the Amendment to the Pension Insurance Act

Kocián Šolc Balaštík provides ongoing legal advice to Penzijní fond České pojišťovny, a.s., in particular most recently in connection with the amendment to the Pension Insurance Act.
27.9.2010
Publications

The International Comparative Legal Guide to: Environment Law 2009

Tomáš Sequens and Martin Škrabal prepared a summary of the legal regulations concerning the environment sector in the Czech Republic for the publication The International Comparative Legal Guide to: Environment Law 2009. The publication was issued by the British company Global Legal Group Ltd. The document can be downloaded here
27.9.2010
Publications

Getting the Deal Through – Gas Regulation 2010

Václav Rovenský and Tomáš Sequens prepared a chapter focused on the Czech Republic for the international publication Getting the Deal Through – Gas Regulation, 2010 edition; the chapter summarizes legal regulations and conditions for business activities on the gas market in the Czech Republic. The publication was issued by the London based market analysis company Law Business Research Ltd. The document can be downloaded here
27.9.2010
Publications

Getting the Deal Through – Electricity Regulation 2010

Václav Rovenský and Ján Béreš prepared an up-to-date summary of the legal regulations concerning the electroenergy business in the Czech Republic for the publication Electricity Regulation 2010 in the series Getting the Deal Through. The publication was issued by the London based market analysis company Law Business Research Ltd. The document can be downloaded here
27.9.2010
Publications

Getting the Deal Through – Gas Regulation 2009

Václav Rovenský and Tomáš Sequens drafted as a part of the international publication Getting the Deal Through – Gas Regulation, 2009 edition, a summary of legal regulations and conditions for doing business on the Czech gas market. The publication was issued by the London based market analysis company Law Business Research Ltd. The document can be downloaded here
24.9.2010
News
M&A

KSB advises during the merger of the professional literature publishing house Linde

Law firm Kocián Šolc Balaštík advised the Linde Group, one of major publishing houses focused on professional legal and economic literature in the Czech Republic, during an intra-group merger.
15.9.2010
Publications

Breakthrough Tax Resolution. Euro No. 37/2010

Helena Navrátilová, head of the KSB tax team, commented on one of the most recent judgments of the Supreme Administrative Court for the law and taxes section of the weekly Euro. The court has come to the conclusion that interests and other costs of a public limited company in connection with receipt of, and drawing on a loan used to pay dividends to shareholders can be considered as tax deductible.
6.8.2010
News
Energy

KSB advises Spolchemie in a joint venture project

Kocián Šolc Balaštík provided legal services to Spolek pro chemickou a hutní výrobu in founding a joint venture with the Japanese DIC Corporation, one of the world-wide leaders in the specialty chemicals industry.
30.7.2010
News
Real estate and construction

KSB provides legal services to sellers during the sale of companies managing 2,700 apartments in Litvínov

Law firm Kocián Šolc Balaštík provided legal consultancy to sellers during the transfer of control over a portfolio of 2,700 apartments in Litvínov. The control of the apartments was taken over by the CPI Group.
29.7.2010
Publications

Exemption for Merchants. Ekonom, No. 25/2010

Martina Zímová and Ivo Šimeček published an article on the new block exemption for vertical agreements between undertakings in weekly magazine Ekonom. Pursuant to the applicable Commission Regulation, certain vertical agreements (such as agreements between manufacturers and distributors, franchising agreements, etc.) are permitted subject to their compliance with predefined requirements although each one of them could be considered as illegal and, as such, be banned. This applies to all distribution relationships relative to the sale of goods. To download the article (in Czech only) click here
23.7.2010
News

Kocián Šolc Balaštík Celebrates 20th Anniversary

Kocián Šolc Balaštík was founded 20 years ago on 1 July 1990. The originally small traditional law firm rapidly grew over several years into a dynamic modern law firm which, with a team of seventy lawyers, five tax advisers and over sixty employees, now belongs among the leaders on the Czech market. KSB celebrated its 20th anniversary with clients, business partners and friends in the historical premises of Martinický Palace on Hradčanské náměstí in Prague.
13.7.2010
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
13.7.2010
News

New bills

Amendment to the Act on Local Financial Authorities: Changes to Respective Roles of Authorities and a Specialized Financial Office
13.7.2010
News

On 1 June 2010, the Supreme Administrative Court ruled in Ref. no. 5 Afs 64/2008-156 regarding the right to information on tax exemption or, as the case may be, tax interest and charges,

which occur due to the decision of the Ministry of Finance or the tax office. Entities, which are exempt from tax or tax interest and charges by the state, are in principle recipients of public funds according to the Supreme Administrative Court, and the duty of confidentiality does not apply on information on exemptions within the framework of the tax proceedings.
2.7.2010
News

Seminar on sending unsolicited commercial communications

On 17 June 2010, Petra Mirovská presented a lecture on behalf of the law firm Kocián Šolc Balaštík on the topic of sending unsolicited commercial communications at a seminar organized by OFFICE HOUSE CZ s.r.o. in Prague. The aim of the presentation was to provide basic practical information on the practice connected with distribution of unsolicited commercial communications.
2.7.2010
News

KSB legal consultancy in proceedings concerning additional permit of the construction of the logistics center ZeLo in Pardubice

On 30 June 2010, the law firm Kocián Šolc Balaštík was present at the ceremonial opening of the first of five halls of the “Green Meadow Logistic Center” in the Pardubice-Semtín industrial zone built by D+D Park Pardubice a.s.
15.6.2010
News

Newly approved and effective laws

Discounts on insurance – Act No. 221/2009 Coll. amending Act No. 589/1992 Coll. on Social Security Insurance Contributions and Act No. 586/1992 Coll. on Income Taxes; The Payment System Act; The Amendment to the Act of Administration of Taxes and Fees through the Payment System Act
15.6.2010
News

Amendments discussed in Chamber of Deputies

Amendment to Act on Administration of Taxes and Fees and Income Tax Act - flat tax-deductible cost on transport; Amendment to Income Tax Act – flat tax-deductible costs for natural person-entrepreneur; New Tax Regulations
15.6.2010
News

Notification of the Finance Ministry

Notification of the Finance Ministry dated 2 December 2008 on classification of tangible assets into depreciation groups; Decree sets foreign meal allowances for 2009; Information on application of the provisions of Section 36, subsection 11 of the VAT Act
15.6.2010
News

Amendment to Various Acts Approved by the Senate

Double amendments of Income Tax Act; Amendment to Act on Social Security - discounts on insurance
15.6.2010
News

Newly submitted Bills

Amendment to VAT Act – reduced rates for restaurant services
15.6.2010
News

Tax deductibility of costs for financing payout of shares in profit

This special issue of Tax News is to inform you of the latest judgement by the Supreme Administrative Court of the Czech Republic (the “SAC”) No. 5 Afs 25/2009 – 98 dated 25 March 2010. We believe the ruling to be a substantial breakthrough for further review of, and dealing with, costs in terms of determining the tax base. The judgment is available at the SAC’s website: http://www.nssoud.cz/main.aspx?cls=anonymZneni&id=22401&mark=
15.6.2010
News

From Judicature - on 11 June 2009 the European Court of Justice in the case C-572/07, RLRE Telmer Proper Ltd. commented on the interpretation of services of cleaning common areas of rental housing

Pursuant to the ECJ’s interpretation, the cleaning of common areas cannot be included as a part of housing rental services. Supply of rental apartments is exempt from VAT, but services of cleaning common areas must be subject to VAT.
15.6.2010
News

From Judicature - On 25 February 2010, ref. No. 4 Ads 120/2009-88, the Supreme Administrative Court resolved on an appeal in the matter of the plaintiff Ježek software s.r.o. against the defendant Česká správa sociálního zabezpečení

The Supreme Administrative Court cancelled the challenged judgment and returned the matter to the Regional Court for further proceedings.
15.6.2010
News

From Judicature - on 5 January 2010 and under Ref. No. 2 Afs 87/2009-131, the Supreme Administrative Court provided its opinion on deadlines determined by a legal “fiction”

In the event that the date for delivery of a tax administrator’s letter is determined by a legal fiction, i.e. for example ten days after the recipient fails to collect the relevant document and has been appropriately notified in advance that the document was deposited, the date of a statutory holiday or Saturday or Sunday shall may also be considered as the date of delivery.
15.6.2010
News

From Judicature - on 15 April 2010, ref. No. 7 Afs 15/2010-89, the Supreme Administrative Court ruled on an appeal by the Financial Directorate of Ústí nad Labem

The ruling will affect assessment of the issue as to whether the commencement of a tax audit, without notification of any doubt or suspicion as to compliance with tax duties interrupts the statutory time period within which tax assessments may be made.
15.6.2010
News

New bills

Amendment to the Act on Local Financial Authorities: Changes to Respective Roles of Authorities and a Specialized Financial Office
15.6.2010
News

New bills

Amendment to the Act on Local Financial Authorities: Changes to Respective Roles of Authorities and a Specialized Financial Office
9.6.2010
News

Significant Changes in Public Procurement Law

This major amendment was approved by the House of Representatives on 18 May 2010 subject to the Senate’s proposals for changes. It has been signed by the President of the Czech Republic and is waiting for publication. The amendment contains a set of changes which should increase the transparency of awarding contracts, simplify the current procedures and impose clearer rules on an overall basis for dealing with public funds.
9.6.2010
News

Amendment to the Commercial Code

The implemented legislative changes apply to unfair competition.
23.4.2010
News
M&A

KSB advises in acquisition of Česká mincovna

Law firm Kocián Šolc Balaštík advised the Monetica consortium in the acquisition of Česká mincovna, a.s., a traditional manufacturer of coins and medals in circulation and commemorative coins and medals.
27.2.2010
Publications

International Privacy Guide

Petra Mirovská and Drahomír Tomašuk contributed on behalf of the Czech Republic to the first issue of the new professional publication International Privacy Guide, printed quarterly by the publishing house West, a Thomson Reuters business. The topic of the first issue of the publication is international transfers of personal data and it includes a basic summary of the legal regulations of 26 countries regarding the transfer of personal data to foreign countries. The chapter concerning Czech legal regulations can be downloaded here.
26.2.2010
News
M&A
Energy

KSB advises in sale of energy assets from NWR Group to Dalkia ČR

KSB assisted New World Resources N.V. in the sale of energy assets concentrated in NWR Energy and its subsidiaries to Dalkia ČR.
25.1.2010
Publications

Oil Rigs and Bus Stops: A Family Resemblance. The PPP Bulletin, No. 4/2009

Christian Blatchford has contributed an article to the winter 2009 edition of the PPP Bulletin, the quarterly publication of the Public Private Partnership Association in the Czech Republic. The article compares PPP projects with other projects from the area of project finance in an attempt to throw light on an area in which for many in the Czech Republic remains unfamiliar. The article can be downloaded here
13.1.2010
News

Martin Krejčí becomes new KSB Partner

Martin Krejčí, a KSB lawyer of many years standing, became a partner effective 1 January 2010. The firm now has nine partners and almost seventy legal and tax specialists.
6.1.2010
News

VAT CHANGES 2010

Information on the main changes to the VAT Act effective from 1 January 2010.
4.1.2010
News

KSB recognized by IFLR 1000 as leading law firm in Czech financial law

IFLR 1000 – The Guide to the World’s Leading Financial Law Firms, an international annual publication ranking leading law firms in corporate and financial law, announced its rankings for 2010. Law firm Kocián Šolc Balaštík has been recommended in all categories ranked by IFLR 1000.
23.12.2009
No items found.

Internet gambling restrictions permissible

Judgment of the Court of Justice in Case C-42/07- reference for a preliminary ruling - Liga Portuguesa de Futebol Profissional, Bwin International Ltd, (Bwin) vs. Departamento de Jogos da Santa Casa da Misericórdia de Lisboa  (Santa Casa)
23.12.2009
News

Free-of-Charge Allowances in the New Emission Trading System

At the end of September, the European Commission published a draft list of sectors which could receive free of charge up to 100% of emission allowances even after 2013; in 2013, the European greenhouse gas emission trading system is to enter into a new stage in which the free-of-charge allocation of allowances based on the National Allocation Plans shall be replaced by the purchasing thereof in Europe-wide auctions. However, revised Directive 2003/87/ES approved within the climate-energy package in December of last year counts on some exemptions. One of them shall apply to industries which may, as a result of more stringent constraints, move outside of the EU to third countries in which climate protection is not that strict; such industry relocation would not only result in a loss for the EU economy but it would also negate the endeavours for emission reduction which would increase uncontrollably in such third countries.
23.12.2009
News

Scheme for greenhouse gas emission allowance trading

Decision by the Court of First Instance dated 23 September 2009 re. T‑183/07 Poland v the Commission of the European Communities and re T‑263/07 Estonia v the Commission of the European Communities The Court of First Instance stated in the decisions referred to above that the European Commission has no right to order Member States on the amount of greenhouse gas emission allowances that they may issue in a given period. The Commission is therefore afraid of the verdict having a substantially adverse impact on the EU strategy for combating climate changes.
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