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23.7.2024
News
Financial services

Assistance to J&T Banka in refinancing CENTRO Nitra

KSB's team led by Josef Kříž recently advised J&T Banka on the refinancing of CENTRO Nitra, a shopping centre in Nitra (Slovakia).
15.7.2024
News
M&A
TMT

KSB advises Seyfor on two more acquisitions

KSB's team recently advised long-term client Seyfor (formerly Solitea) on two additional acquisitions, this time in the area of recruitment software solutions.
27.6.2024
News
Employment law

Kateřina Štěpánková Joins KSB's Labour-Law Team

We are pleased to announce that Kocián Šolc Balaštík’s team has been strengthened by a new specialist in labour law, Kateřina Štěpánková.
26.6.2024
News
M&A

KSB Represents Dagmar Havlová in Entry of New Investor into Lucerna Palace

We are proud to have been at the beginning of a new chapter in the history of Lucerna Palace, an iconic place at the heart of Prague's cultural and social life. This transaction is not just an ordinary deal; it is a fusion of tradition with modernity, history with vision. Lucerna Palace, with its rich cultural heritage and unmistakable Art Nouveau style, opens the door to new opportunities and experiences.
13.6.2024
News
Environmental Law

Successful Complaint to the European Commission against the Czech Republic and EKO-KOM Concerning Packaging Waste

KSB, on behalf of its client REMA AOS, has successfully brought a complaint to the European Commission to investigate whether the Czech Republic, acting through the Ministry of the Environment, violated its obligations under EU law by creating an anti-competitive environment in the packaging sector in favour of EKO-KOM.
30.5.2024
News
M&A
TMT

Advising on the Sale of Webglobe

KSB's team (Drahomír Tomašuk, Ján Béreš and Josef Novotný, supported by Karolina Vosátková, Viktor Zelinka, Jaroslav Zahradníček and Patricie Stará) advised Igor Střeček and Sandberg Capital (Jakub Krajčovič) on the sale of the Czech part of Webglobe. The new owner is group.one, a Swedish group which is one of the best-known cloud and hosting services companies. Barger Prekop advised the seller on the transaction in Slovakia and Moravčevič, Vojnovič and Partners advised in Serbia.
23.5.2024
News
M&A
Real estate and construction

Kocián Šolc Balaštík Law Firm advises J&T Bank in CPI PROPERTY GROUP's Hotel Joint Venture and Stake Sale Transaction

KŠB Law Firm is pleased to announce its advisory role in facilitating the recent transaction between CPI PROPERTY GROUP ("CPIPG") and Best Hotel Properties ("BHP") regarding the joint venture and stake sale of a portfolio of eight hotel properties in the Czech Republic.
14.5.2024
News
Capital markets

KSB Advises SMV Invest on One of First Issues of Non-Bank Perpetual Certificates in Czech Republic

Vlastimil Pihera and Josef Kříž assisted SMV Invest Group on a unique issue of perpetual certificates. Combining years of knowledge in investment and real estate development, the Group focuses on finding interesting locations, land, and real estate units for development, especially in Prague and its surroundings, and on their financing by retail clients.
27.3.2024
News
M&A
TMT

KSB Advises Seyfor on Another IT Transaction

KŠB’s team led by Ján Béreš, supported by Drahomír Tomašuk and Josef Novotný, assisted our long-term client Seyfor in another IT acquisition. This time, Seyfor acquired a 35% stake in Digitask, a company owned by Filip Dřímalka, a well-known promoter of digital innovation. Digitask focuses on customers who want to accelerate the transformation of their business processes by implementing advanced AI technologies.
18.3.2024
News
Real estate and construction

KSB provides assistance in lease negotiations of the Corinthia Prague hotel

KSB's team (Jiří Horník, Václav Rovenský, Michal Hanuš, Yelizaveta Volodina) helped Corinthia Group negotiate a long-term lease of the building where the five-star Corinthia Prague hotel currently operates. With 539 rooms, the Corinthia Prague building is one of the leading hotels in the Czech Republic and one of the largest properties in Prague. 
14.3.2024
News

KŠB Celebrates Unprecedented Success in Chambers Europe 2024 Rankings

It's good to be excellent, but it's even better to strive for continuous advancement. We proudly announce our most remarkable achievement to date in the Chambers Europe rankings. KSB has not only confirmed the strong position but even elevated its standing. This year, our law firm has secured outstanding rating in a record-breaking 11 categories and 11 ranked experts, marking an unprecedented milestone in our firm’s history further enhanced by the nomination for the prestigious Chambers Europe Awards 2024. We are particularly proud of our newly achieved rankings in Intellectual Property and Real Estate.
16.2.2024
News

KSB successful in Chambers Global 2024

In the recently published "Chambers Global 2024 Guide" published by Chambers & Partners, KŠB and its representatives are recommended in all four categories rated in the Czech Republic, namely: Banking Corporate/M&A Capital Markets Dispute Resolution
8.2.2024
News
M&A
Tax

Assisting the owners in the sale of ANESAN

KSB's team led by Drahomír Tomašuk and Ján Béreš, with the support of Jan Černohouz, provided the owners of ANESAN with comprehensive legal advice on the sale of 100% of the company. ANESAN operates a long-term acute care hospital in Český Brod, which is the oldest healthcare facility of its kind in the Czech Republic. ANESAN’s facility is located on the premises of the Český Brod hospital and has a total capacity of 15 beds and a highly specialized team of doctors and nurses. The buyer is the Penta Hospitals CZ group.
5.2.2024
News

KŠB once again on the shortlist for the Chambers Europe Awards

We are thrilled to announce that we have once again secured a coveted spot on the shortlist for the Chambers Europe Awards 2024, which recognizes outstanding achievements in the legal industry. This marks our return to the shortlist for the Czech Republic Firm of the Year, and we couldn't be prouder, particularly because we are the sole Czech law firm among the nominees.
25.1.2024
News
Aviation and aerospace

Jiří Horník participates in a business mission in the USA

KSB partner Jiří Horník, one of the few experts in aerospace law in the Czech Republic, is one of the participants in a business delegation that visited the USA this week on the occasion of a business trip of the Minister of Transport Martin Kupka. 
15.1.2024
News
Capital markets

KSB Drafts First EU Prospectus for Nemomax Growth Fund

A team led by Vlastimil Pihera and Josef Kříž advised real estate investment fund Nemomax on its first EU growth prospectus. With fund capital of almost one billion Czech crowns, the investment fund focuses on investments in real estate projects in the Czech Republic, mainly in the residential housing sector, and is managed by Avant, a leading Czech investment company.
15.1.2024
News
M&A
Energy

Advising J&T Group on Sale of FVE Holding

One of the ways we successfully closed last year was by settling a deal between our client J&T Group and EPH Group. Our colleagues, led by associate Jana Guričová from partner Martin Krejčí's team, spent several months working on the sale of FVE Holding.
21.12.2023
News
M&A

Advice on the acquisition of FVE Cihelna s.r.o

KSB team (Martin Krejčí, Jakub Porod, Zuzana Slabá) provided advice on the acquisition of the photovoltaic power plant FVE Cihelna s.r.o. for a consortium of private individuals.
20.12.2023
News
Real estate and construction

KŠB Advises J&T Arch Investments on Investment in Luxury Hotel in London

Qualified investors fund J&T Arch Investments has invested in BHP Hotels fund, which acquired a 45% stake in luxury hotel The Westminster London, Curio Collection by Hilton. Located in central London, the five-star hotel is within walking distance of a number of major landmarks.
20.12.2023
News
Private wealth, tusts, foundations

KSB Advises on Establishing Eva Pavlová’s and Václav Cigler’s Endowment Funds

Two trust funds – Eva Pavlová’s Endowment Fund and Václav Cigler’s Endowment Fund – have been set up with KŠB’s assistance (Vlastimil Pihera and Jana Guričová with the support of Hana Heroldová and Milada Kürtösiová).
15.12.2023
News
Financial services
Capital markets

Advice on Billion-Crown Refinancing of FIDUROCK Group

KSB's team of Josef Kříž and Vlastimil Pihera provided extensive legal advice on the refinancing of the FIDUROCK Group, where the value of the financing obtained can reach up to CZK 1 billion.
7.12.2023
News
M&A
TMT

Advice to Seyfor Group on Expanding its Portfolio

Seyfor Group, one of Europe's largest ICT solutions providers and KSB’s long-standing clients, has once again expanded its portfolio. This time it has acquired a 100% stake in the company KS – program.
27.11.2023
News
M&A

Advice to Jet Investment Group on Acquiring Likov

KSB's team led by Jan Lasák and Ján Béreš recently advised Jet Investment on expanding its investment portfolio. Jet Investment’s Jet 3 Qualified Investor Fund acquired a 70% stake in Likov, a successful Czech family-owned leading manufacturer of building profiles for external building insulation systems.
14.11.2023
News
Pro bono

Charity Concert of Good Will

The 28th Charity Concert of Good Will, which Kocián Šolc Balaštík has organised since 1995 to help support the Goodwill Committee - Olga Havel Foundation, took place on Sunday, 12 November 2023 traditionally at the Church of St. Simon and St. Jude in Prague’s Old Town.
16.10.2023
News

Contract Competition 2023

11.10.2023
News
Pro bono

28th Charity Concert of Good Will

The 28th 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, 12 November 2023 at 19:00 at the Church of St. Simon and St. Jude in Prague’s Old Town.
4.9.2023
News

KŠB becoming member of Three Seas Legal Alliance

In recognition of the progress that is being made with the Three Seas Initiative we are pleased to announce that Kocián Šolc Balaštík became a member of a group of leading law firms from each country in the Initiative that have come together to support the Initiative and the needs of clients with regard to it.
31.8.2023
News
M&A
TMT

Assisting Webglobe in the acquisition of eBola.cz

The KSB team (Drahomír Tomašuk, Jana Guričová and Karolina Vosátková) assisted in another major IT acquisition. Our client, Webglobe, acquired the web hosting company EBOLA Czech, known under the brand name eBola.cz.
28.8.2023
News
Private wealth, tusts, foundations

KSB Advises on Establishing Tišina Endowment Fund

Vlastimil Pihera and Sabina Prokopová assisted in establishing and incorporating the Tišina Endowment Fund. The founders – Ivana Štefková, Barbora Dvořáková and Markéta Trubačová – aim to provide a platform for people who have experienced a significant upheaval in their lives and also for artists and creators who, for various reasons, cannot devote themselves to their work.
28.7.2023
News
Environmental Law

KŠB Successfully Assists REMA System in Obtaining Authorization to Operate Collection System for Electrical Equipment

KŠB’s team led by Tomáš Sequens and Petra Mirovská was successful in assisting our long-standing client REMA Systém, a.s. with obtaining authorization from the Ministry of the Environment to operate a collection system for ensuring the obligations of manufacturers of electrical equipment under the new End-of-Life Products Act for all groups of electrical equipment, including solar panels, for which it previously did not have authorization.
25.7.2023
News

8th Annual Summer School of Commercial Law Recently Held

In cooperation with Masaryk University, KSB participated in the 8th Annual Summer School of Commercial Law. The summer school is attended by law school students not only from Masaryk University, but also from Palacký University and Charles University. The week-long event includes lectures by speakers from the Czech Bar, as well as from the judiciary and the academic environments, providing students with an exceptional opportunity to gain insight into various areas of the legal world. 
21.7.2023
News
Corporate law

Assisting the Pražská plynárenská group with intra-group restructuring

The KSB team led by Jan Lasák assisted the Pražská plynárenská group with the intra-group restructuring and the creation of a new holding structure including, among others, the down-stream merger of Pražská plynárenská holding a.s. and Pražská plynárenská, a.s.
27.6.2023
News
Environmental Law

KSB Partner Tomas Sequens is one of the Faces of Sustainability

In cooperation with the Euro magazine, the Sustainability Project has been presenting Faces of Sustainability - the only Czech overview of sustainability experts since 2022. The 150 experts include representatives of the largest companies, government and non-profit sectors. KSB partner Tomáš Sequens is one of them.
23.6.2023
News
Publications

KSB authors contributed to a brand new edition of the monograph "Joint Stock Companies"

KSB partners Professor Jan Dědič, Jan Lasák and Vlastimil Pihera have contributed to the collective monograph "Joint Stock Companies" published by C. H. Beck. The publication deals with the legal regulation of a joint stock company from its foundation and formation, through the functioning of the company itself, its bodies and their members, including the rights and obligations of shareholders, the regulation of shares, the issue of share capital and its changes, to the dissolution of the company and its termination. 
13.6.2023
News
Private wealth, tusts, foundations

KSB Helps Václav Havel Library Change Its Legal Form

KSB’s team, led by Vlastimil Pihera, has advised the Václav Havel Library on a rare change of legal form from a public benefit corporation to a foundation, while maintaining all of its ongoing activities and projects.
12.5.2023
News

KŠB Founding Partner Martin Šolc Inducted into the Czech Lawyers Hall of Fame

We are pleased to announce that KŠB founding partner Martin Šolc was inducted into the Legal Hall of Fame at yesterday's 17th Lawyer of the Year Gala. Each year, a prominent figure from the legal community is inducted into the Legal Hall of Fame for his or her lifetime contribution to Czech law.
9.5.2023
News
Capital markets

Drafting EU Growth Prospectuses for Avant Investment Group

KŠB’s team led by Vlastimil Pihera and Josef Kříž assisted Avant Financial Group in drafting two EU growth prospectuses. The company that controls Avant, a leading Czech investment company, will use the respective issues to finance its acquisition activities in order to further develop the group. 
28.4.2023
News
Real estate and construction
M&A

Advising ARETE on the acquisition of an industrial site in Milovice

KSB's team (Jiří Horník, Jakub Porod, Zuzana Slabá) advised a long-standing client, the real estate investment group ARETE, on further expanding its portfolio of industrial sites. ARETE Group has long been focusing on real estate investments in the CEE region through its investment funds. It is currently investing through the 3rd investment fund ARETE INDUSTRIAL, whose portfolio now includes a newly purchased industrial hall near Milovice in Central Bohemia with an area of more than 8,000 sqm and additional land for future expansion with an area of over 22,000 sqm.
24.4.2023
News
TMT
M&A

Advising Sandberg Capital on Major Education Transaction

KSB's team led by Drahomír Tomašuk and Ján Béreš with assitance of Josef Novotný advised on another major IT and education transaction. This time, we advised our client Sandberg Capital on its investment in the Czech kindergarten management application Twigsee.
18.4.2023
News

Legal 500 recommends KSB in ten areas for 2023

After being awarded in the Chambers Europe 2023 ranking, KSB is again among the top-ranked law firms in the Czech Republic, this time according to the latest publication "The Legal 500 EMEA 2023". We succeeded in the following ten out of eleven researched areas.
18.4.2023
News
Private wealth, tusts, foundations

KSB helps to establish the first Czech charity auction platform Dobrobot

After assisting with the establishment of new startup Flatform, KSB's team (this time Vlastimil Pihera, Lucie Kretková and Lubor Černý) recently helped in creating the first Czech charity auction platform Dobrobot, whose aim is to connect non-profit organisations, companies and donors through digital technologies and online auctions. It also offers non-profit organisations a tool to increase their income and supports their operations and development.
4.4.2023
News
Employment law

Fundamental conclusions of The Court of Justice of the European Union

The Court of Justice of the European Union in its judgment of 2 March 2023 in Case C-477/21 made fundamental conclusions regarding the provision of uninterrupted weekly rest and uninterrupted daily rest to employees. The conclusions made are relevant for shift planning, especially if employees work in shift patterns, also in the Czech Republic.
30.3.2023
News
TMT

KŠB assists in developing new start-up Flatform

KŠB’s team (Vlastimil Pihera, Ota Mach, Josef Novotný and Jaroslav Zahradníček) was involved in the creation of new start-up Flatform. The platform gives prospective tenants a chance to rent an apartment or living premises without having to pay large security deposits and allows landlords to screen tenants and gives them higher damage coverage through the platform's financial guarantee.
20.3.2023
News
Real estate and construction

Advice on Land Sale in Uhříněves

Jiří Horník and Dana Jacková advised the seller on the sale of 7500 m² of land in Uhříněves, Prague, near the Uhříněveská game reserve. 
17.3.2023
News

KŠB Succeeds in Chambers & Partners Ranking Once Again

In the recently published Chambers Europe 2023, KŠB and its lawyers are recommended in nine areas. The yearbook is the result of an analysis of a number of criteria, with the greatest weight given to the experience and opinions of clients themselves.
23.2.2023
News

Simona Hornochová to Head the Czech General Financial Directorate

Our colleague Simona Hornochová, who has been a member of KŠB’s tax team since 2018, has successfully passed the selection process and will be appointed the new Director of the Czech General Financial Directorate. 
14.2.2023
News
Real estate and construction

Advising ARETE Group on Expansion of Logistics Park in Rokycany

KSB's team (Jiří Horník, Jakub Porod, Zuzana Slabá) advised KSB's long-standing client, ARETE Group, on the acquisition of land for the expansion of ARETE’s logistics park in Rokycany. A modern hall is to be developed on the new land in the ARETE Park Rokycany 2 industrial park. The facility will offer almost 30,000 sqm of modern warehouse and office space. The project will also comply with ESG standards in line with the ARETE Group's strategy. The premises will be rented out on a long-term basis to the Duvenbeck Group, an international provider of comprehensive logistics services.
7.2.2023
News
M&A
TMT

Advising Sandberg Capital on the acquisition of Phase

KSB's team (Drahomír Tomašuk, Ján Béreš, Pavel Dejl, Martin Vráb, Karolina Vosátková) advised Sandberg Capital on another acquisition, namely a 70% stake in Phase. We advised on the Czech aspects of the transaction, including the merger clearance application from the Czech Competition Authority. The transaction advisory in Slovakia was led by PWC Slovakia.
24.1.2023
News
Real estate and construction

KSB Advises National Theatre in Construction Proceedings

We were honoured to provide legal advice to the National Theatre in obtaining a building permit for the redevelopment of the National Theatre’s New Stage and Operations buildings.
20.1.2023
News
M&A

BiQ Group Acquires PUXdesign

KSB’s team advised Lukáš Novák's investment group InTeFi Capital, namely its technology division BiQ Group, on the acquisition of PUXdesign. PUXdesign specializes in web technologies and its clients include well-known brands such as Heineken, Škoda auto and Komerční banka.
13.1.2023
News

Petra Mirovská and Miloslav Petrů become new KSB counsels as of 1 January 2023

Petra Mirovská has been a lawyer since 2006 and focuses on litigation and administrative proceedings in various legal areas including waste management, energy and the environment. In addition, she specialises in intellectual property law, including unfair competition in this area, e-commerce and regulation of digital platforms.
11.1.2023
News
M&A
Real estate and construction

JTZE (J&T Agriculture and Ecology) becomes number two on the Czech agricultural market

KSB's team advised JTZE (J&T Zemědělství a Ekologie) on the acquisition of a total of 11 companies under Spearhead Czech and Spearhead Slovakia. The companies, located in the vicinity of Kardašova Řečice, Jihlava, Hradec Králové, Olomouc and Nitra in Slovakia, are primarily active in the field of crop and livestock production.
3.1.2023
News
Corporate law

Advice on Restructuring in ŠKODA AUTO Group

A team led by Jan Lasák advised ŠKODA AUTO DigiLab s.r.o., a ŠKODA AUTO Group company, on an intra-group restructuring.
22.12.2022
News
Aviation and aerospace

KSB advises Aero Vodochody

Aero Vodochody AEROSPACE enjoyed the benefits of KSB's broad aviation industry experience in a recent matter, when Jiří Horník and Ota Mach prepared draft contractual documentation used in the sale of a new type of L-39NG aircraft.
22.12.2022
News
Pro bono

27th Charity Concert for the Committee of Good Will - Olga Havlova Foundation

On Sunday, 4 December, the 27th Charity Concert of Good Will, which we have been organising since 1995 for the benefit of the Committee of Good Will - Olga Havlova Foundation, took place in the concert hall of the Church of St. Simon and Jude in Prague's Old Town.
22.12.2022
News
M&A

Advising J&T ARCH INVESTMENTS on Acquisition of Shares in Moneta Money Bank

A team led by Jan Lasák advised J&T ARCH INVESTMENTS on the acquisition of a stake in leading Czech bank Moneta Money Bank. The fund already purchased 8.89% from Petrus Advisers in July. The second stage of the transaction and the acquisition of another 1.1% stake was completed on December 23. The fund has received approval from the Czech National Bank to acquire up to 19.99%.
7.12.2022
News
Capital markets

Assisting J&T IB and Capital Markets

KŠB's team (Vlastimil Pihera, Martin Krejčí, Matúš Kovačič and Tomáš Trávníček) advised J&T IB and Capital Markets, a.s., as the arranger, on another issue of unsecured unsubordinated book-entry bonds, this time by J&T ARCH CONVERTIBLE SICAV, a.s., with the total value of up to CZK 1 billion and an option to increase by as much as an additional 100%.
1.12.2022
News
M&A
TMT

Assistance on another IT transaction

KSB’s team (Drahomír Tomašuk, Ján Béreš, Pavel Dejl, Martin Vráb, Karolina Vosátková) recently assisted our long-term client, Solitea, in another IT acquisition. This time Solitea focused on expansion in the Slovak market, acquiring vehicle monitoring company Commander Services.
1.12.2022
News
M&A

Advising J&T Banka on its entry and acquisition of a majority share in AMISTA investiční společnost

KSB’s team (Vlastimil Pihera, Jana Guričová, Martin Vráb, Karolina Vosátková) advised J&T BANKA a.s. on its entry and subsequent acquisition of a majority share in AMISTA investiční společnost a.s., one of the largest Czech managers and administrators of qualified investor funds. 
2.11.2022
News
Real estate and construction

VGP expands warehouse space in Slovakia and Hungary

Jiří Horník and Richard Hamran recently advised VGP Group, a leading developer and owner of logistics facilities, on expanding its warehouse space in Slovakia and Hungary.
31.10.2022
News
M&A
TMT

Assisting Sandberg Capital in the acquisition of a majority stake in Green Fox Academy

KSB’s team led by Drahomír Tomašuk and Jana Guričová advised on another major acquisition in the IT and education sector. KSB client Sandberg Capital acquired a majority stake in Hungarian company Green Fox Academy, which also operates in the Czech Republic.
19.10.2022
News
Aviation and aerospace

KSB and PwC Legal Czech Republic continue to assist the European Union Space Programme Agency (EUSPA)

KSB’s and PwC Legal Czech Republic’s teams will continue to provide legal advice to the European Union Space Programme Agency (EUSPA) over the next four years. EUSPA manages the European Global Navigation Overlay Service (EGNOS) and Galileo programmes, and is involved in the Copernicus Earth observation programme, and the European Union Government Satellite Communications Programme (GOVSATCOM).
14.10.2022
News

Contract Competition 2022

14.10.2022
News
Intellectual property
Real estate and construction

Assistance to the Bjarke Ingels Group in the Vltava Philharmonic project

The KSB team (Václav Rovenský, Tomáš Trávníček) represented one of the world's leading architectural studios, Bjarke Ingels Group (BIG), in the preparation and negotiation of the contract for the architectural study, project documentation and related activities for the Vltava Philharmonic Hall project.
13.10.2022
News
Pro bono

27th Charity Concert of Good Will

The 27th 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, 4 December 2022 at 19:00 at the Church of St. Simon and St. Jude in Prague’s Old Town.
6.10.2022
News
M&A
TMT

KSB Advising Solitea on the acquisition of VASCO and Gesteem Society

KSB's team (led by Drahomír Tomašuk and Ján Béreš, supported by Josef Novotný for the transactional part and due diligence, and furthermore consisting of Jaroslav Zahradníček, Viktor Zelinka and Denisa Josefiková for due diligence and Pavel Dejl, Martin Vráb and Karolina Vosátková for competition issues) advised its long-term client, Solitea, on the acquisition of two other IT companies.
4.10.2022
News
Capital markets
Financial services

KŠB Advises J&T Banka on Rohlík Group Bond Issue

KŠB's team (Martin Krejčí, Vlastimil Pihera, Josef Kříž, Jana Guričová and Matúš Kovačič) advised J&T Banka on a CZK 1 billion increase of the Rohlík Group's bond issue. The prospectus that was made in connection with the increase has already been approved by the Czech National Bank.
15.9.2022
News
Real estate and construction

Advice to Passerinvest Group on Purchasing the Gamma Office Project

KŠB's team (Jiří Horník, Jakub Porod, Ivo Průša, Zuzana Slabá and Marek Hais) advised Passerinvest Group on the purchase of the Gamma office project in Prague's Brumlovka administrative centre, where the group has operated for a long time. The property was sold by Austrian real estate group IMMOFINANZ. With the purchase of the Gamma building, Passerinvest continues its strategy of acquiring office buildings in Brumlovka.
9.9.2022
News
M&A
Tax

KSB Advises the Largest Czech Real Estate Agency M&M reality in the Sale of 50% of its Shares

KSB's team (Dagmar Dubecká, Jakub Porod, Karolina Vosátková, Jan Černohouz and Simona Hornochová) provided legal and tax advice on the sale of a 50% stake in M&M reality holding a.s. The buyer is real estate group EHS, which has under its wings, among others, the Bezrealitky.cz platform, real estate agency Maxima Reality, and the Czech Real Estate Trust.
2.9.2022
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.
29.8.2022
News
M&A

Advising Heureka Group on its Acquisition of Balíkobot

Heureka Group, a shopping advisor and price comparator that operates in the Czech Republic and eight other CEE countries, was advised by KSB’s team (Petr Kasík, Jakub Porod,Jaroslav Zahradníček, Tomáš Trávníček, Filip Řehák and Karolina Vosátková) on the acquisition of Balíkobot.
5.8.2022
News

Pavel Dejl becomes new managing partner of KSB

Pavel Dejl has become the new managing partner of Kocián Šolc Balaštík as of 1 August 2022, replacing Petr Kasík as part of the firm’s planned rotation. Together with Jiří Horník, Petr Kasík remains a member of KSB’s three-member management committee and both will continue to support the managing partner.
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5.4.2011
News

KSB to participate in Czech-Polish Energy Day in Ostrava

KSB lawyers will lecture on issues relating to Czech renewable resources on the Czech-Polish Energy Day in Ostrava on 20 April 2011. The lecture will include information on the fundamental principles on which the draft bill on subsidized energy resources is based, including comparison with the currently applicable legislation.
4.4.2011
News

Workshop – 2011 Code of Tax Procedure and VAT

Kocián Šolc Balaštík will hold a workshop on 6 April 2011 on selected major provisions of the Code of Tax Procedure and the up-to-date interpretation of the VAT Act amendment that took force and effect on 1 April 2011. The workshop is to be further focused on the case-law impact on conflict between employment and office.
31.3.2011
Publications
Energy

Getting the Deal Through – Electricity Regulation 2011

For the third year in row, Václav Rovenský and Ján Béreš prepared an up-to-date overview of Czech legal regulations in the electricity sector for the worldwide publication Getting the Deal Through – Electricity Regulation 2011. The overview summarizes the current regulations of the electricity business in the Czech Republic and focuses inter alia on topics relating to the determination of electricity prices in the Czech Republic. The publication was issued by the London-based market analysis company Law Business Research Ltd. The text can be downloaded here
24.3.2011
News

Representation of Reckitt Benckiser before the Antimonopoly Office

Law firm Kocián Šolc Balaštík successfully represented Reckitt Benckiser (Czech Republic), spol. s r.o. in proceedings before the Antimonopoly Office in the matter of potential infringement of competition rules by concluding a prohibited agreement on direct or indirect determination of prices and other commercial conditions on the washing powders market. The proceedings were terminated through settlement.
22.3.2011
News

KSB nominated for Chambers Europe Awards for Excellence 2011

Kocián Šolc Balaštík is one of five Czech law firms nominated for this year’s Chambers Europe Awards for Excellence in the category of National Firms. KSB won the award in 2008 and was shortlisted as one of the best law firms in 2009 and 2010.
28.2.2011
News

Communication of the General Financial Directorate

Communication of the General Financial Directorate on tax pursuant to the Act on Renewable Resources; Instruction of the General Financial Directorate No. GFŘ-D-2 on the method of calculation of corporate income tax and compilation of tax returns for taxation period 2010 by taxpayers using the component depreciation method to depreciate their assets; The General Financial Directorate provided supplementing instructions to complete the form for the statement of income tax from employment income for 2010 and supplementing information on applications for tax bonuses; Changed deadline for filing tax returns and tax statements
28.2.2011
News

Approved acts

The amendment to the VAT Act
28.2.2011
News

Discussed bills

Value Added Tax Act
15.2.2011
News

International rating publication IFLR 1000, 2011 edition, recommends KSB again in all rated areas

IFLR1000 – The Guide to the World’s Leading Financial Law Firms, a prestigious international rating publication, has recommended KSB in all categories for the year 2011. KSB, as in previous years, has been recognized as a leading law firm in the Czech Republic in the fields of capital markets, banking and project finance, mergers & acquisitions and restructuring and insolvency.
11.2.2011
Publications

The question of private law

KSB’s comments on upcoming major changes to the Civil Code were published in Lidové noviny’s supplement Law & Justice on 7 February 2011. The amended Civil Code, together with the Commercial Companies and Cooperatives Act and Private International Law Act, lays the foundation for recodification of private law.
3.2.2011
News

Legislativní změny na počátku roku 2011

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.
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