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18.3.2020
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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News

Sportovní úspěch KŠB

25.4.2019
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News

Adaptační zákon ke GDPR je účinný

12.4.2019
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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
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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
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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
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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
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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
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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
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News

Simona Hornochová Joins KŠB

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

Kocián Šolc Balaštík Takes Part in Social Events

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

Contract Competition 2018

17.9.2018
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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News

Martin Šolc zařazen rankingovou společností Legal500 do síně slávy

14.2.2018
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News
Publications

Partner kanceláře Martin Šolc pro The Times

13.2.2018
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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
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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. 
25.1.2018
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News
Pro bono

KŠB to Support Young Czech Talent’s Concert at Carnegie Hall

As a fan of both music and talent, KŠB is proud to be a sponsor of world-renowned Czech pianist Tomáš Kačo’s concert on 22 February 2018 at one of the most famous concert halls in the world – Carnegie Hall in New York City.
25.1.2018
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News

Martin Šolc Speaks at the IBA’s Annual October Conference in Sydney

In October 2017, Martin Šolc – KŠB partner and current International Bar Association President – delivered the welcome address during the opening ceremony of the IBA Annual Conference in Sydney.
18.12.2017
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News
Financial services
Capital markets

KŠB Advised on ENERGO-PRO’s First Bond Issue

KŠB advised its longstanding client ENERGO-PRO on a bond issue of EUR 370 million worth of Eurobonds which were accepted for trading on the GEM regulated market on the Irish Stock Exchange. The Eurobonds will fall due on 7 December 2022 and have a fixed coupon of 4,000% p.a. The issue priced was 100%. 
30.11.2017
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News
Pro bono

Thank You for Supporting the 23rd Annual Charity Concert of Goodwill – Olga Havel Foundation

We would like to express our sincere gratitude to all of our clients, business partners and friends who attended and supported the 23rd Annual Charity Concert of Goodwill held by our law firm on Sunday 26 November in the Church of St. Juda in Prague 1 to raise money for the Goodwill Committee – Olga Havel Foundation. Proceeds from the concert will be used to support the Foundation’s selected projects, such as the “Senior” project, which assists organizations catering to our fellow senior citizens, as well as projects to help children with cerebral palsy and to provide scholarships to help socially disadvantaged children study.
30.11.2017
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News

Interview with Managing Partner Dagmar Dubecká in Hospodářské noviny

At the beginning of November, Hospodářské noviny published Jaroslav Kramer’s interview with KŠB Managing Partner Dagmar Dubecká.
7.11.2017
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News
M&A

KŠB advised on acquisition of Petrochemia - Blachownia S. A.

On Tuesday 31 October, DEZA, a.s., a member of the Agrofert Group, acquired Polish chemical company Petrochemia - Blachownia S. A. after two years of negotiations with the former owner BorsodChem Zrt.
30.10.2017
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News

Prof. Jan Dědič Speaks at XXV Karlovarské právnické dny Conference

KŠB Partner Prof. Jan Dědič was a guest speaker at this year’s Karlovarské právnické dny Conference. Prof. Dědič spoke on the topic of directors representing legal entities with a particular focus on violation of the four-eyes principle.
30.10.2017
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News
Financial services
Capital markets

KŠB Partners Fintech (R)Evolutiuon Conference

KŠB once again supported the annual Fintech (r)evoluce conference held by Economia. The conference was held in the Czech National Bank’s Conference Centre on 25 October 2017 for the fourth time.
30.10.2017
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News

KŠB Partners Dagmar Dubecká and Sylvie Sobolová Recognized in Overview of Significant Women in Czech Law

In its October edition, monthly legal magazine Právní rádce published its third annual overview of significant women in Czech law and named KŠB Partners Dagmar Dubecká and Sylvie Sobolová among the other 127 distinguished female attorneys, notaries, judges, prosecutors and in-house lawyers. 
27.9.2017
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News
Pro bono

Advokátní kancelář Kocián Šolc Balaštík vás zve na 23. benefiční koncert pro Výbor dobré vůle – Nadaci Olgy Havlové

26.9.2017
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News
M&A

DPE Deutsche Private Equity acquires Fischer Surface Technologies

The KSB M&A team, in cooperation with Heuking Kühn Lüer Wojtek, advised its client, DPE Deutsche Private Equity GmbH, in connection with the acquisition of Fischer Surface Technologies.
25.9.2017
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News
Disputes
Intellectual property

Breakthrough Decision on Food Supplement Ad

KŠB recently won a promotion dispute over garlic drops for manufacturer Allivictus.
7.8.2017
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News

Jan Šovar novým advokátem KŠB

21.6.2017
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Publications
News

KŠB Contributes to International Public Procurement Publication

The Center for International Legal Studies has published an overview of public contract/procurement legislation in several tens of jurisdictions.
19.6.2017
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News
M&A

Legal Advice on Acquiring Turkish Power Company

KŠB advised Energo-Pro Group on the purchase of 100% of the shares in Turkish Murat Nehri, which owned Alpaslan 2, an unfinished dam and hydropower plant in south-east Turkey.
19.6.2017
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News
Disputes

Agrofert Wins Final Decision in Dispute with United Bakeries

United Bakeries Group, which sells bakery products under the “Delta” and “Odkolek” brands, lost final decision in dispute with KŠB client Agrofert.
14.6.2017
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News
Publications

KŠB Contributes to International Public Procurement Publication

The Center for International Legal Studies has published an overview of public contract/procurement legislation in several tens of jurisdictions.
14.6.2017
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News

KŠB Associate Martina Parusová-Zímová Contributes to New Franchising Handbook

Martina Parusová-Zímová is the co-author of the 2nd Edition of the International Franchise Handbook, published by DWF Germany Rechtsanwaltsgesellschaft mbH, in which she wrote a section on Czech franchising legislation and regulation.
14.6.2017
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News
Publications

Employee Monitoring Pitfalls in Terms of Data Protection

This topic is discussed in an article written by KŠB counsel Drahomír Tomašuk and KŠB associate Jaroslav Zahradníček’s in CEE Legal Matters. 
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Aviation and aerospace
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Private wealth, tusts, foundations
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24.7.2008
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News

Judicature by the Constitutional Court Applicable to Malice in Law

At the end of October 2007, the Constitutional Court denied a constitutional complaint against a decision by the Supreme Administrative Court and admitted that “malice in law” may be applied to tax issues.
24.7.2008
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News

Other changes

24.7.2008
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News

Changes in Social Security and Health Insurance

The Chamber of Deputies of the Parliament of the Czech Republic recently adopted the Act on Stabilization of Public Budgets, which the Senate of the Parliament of the Czech Republic is expected to approve in September 2007. The Act applies to sickness, pension and health insurance in the Czech Republic as well.
24.7.2008
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News

Personal income tax

24.7.2008
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News

Common provisions

24.7.2008
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News

Corporate income tax

24.7.2008
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News

Public Budget Stabilisation Act

On 16 October 2007, the Act No. 261/2007 Coll,  the Public Budget Stabilisation Act (the "Amendment") was published. This Act also amends the Income Tax Act ("ITA"). The most important changes, effective from 1 January 2008, are summarised below.
24.7.2008
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News

Other changes arising from the Act on stabilisation of public budgets

As set out in earlier issues of Tax News, the Act on stabilisation of public budgets has amended many provisions of law hitherto in force. Some of these changes are detailed below.
24.7.2008
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News

Recent ECJ Decisions

24.7.2008
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News

Amendments to the act on reserves

Clear provision will be made for the creation of reserves by successor companies following a corporate transformation. The successor company will continue to create reserves and make provisions/ adjustments as commenced by the company being split up on the conditions that would have applied to such company had the transformation not taken place, but only insofar as such creation of reserves pertains to the portion of business assets passing to the successor company.
24.7.2008
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News

Proposed Amendments to the Income Taxes Act

24.7.2008
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News

Waiver of Default Interest

24.7.2008
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News

Pending Amendment to the Value Added Tax Act

The most significant change to be introduced by the amended VAT Act is the increase of the reduced 5% VAT rate to 9%. No transitory provisions have been proposed to restrict pre-supplying or payment of advances prior to the increase.
24.7.2008
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News

List of legal forms of companies on the Finance Ministry's web pages

24.7.2008
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News

Draft Amendments

24.7.2008
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News

Kocián Šolc Balaštík Awarded Law Firm of the Year

24.7.2008
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News

Instruction to implement international agreements

18.7.2008
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News
M&A

KSB acts for Cramo Plc on its acquisition of Techniline spol. s r.o.

Kocián Šolc Balaštík advised Finnish company Cramo Plc on its acquisition of a 100% holding in Techniline spol. s r.o., the largest equipment rental services company in the Czech Republic, also operating in Slovakia.
18.7.2008
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News

Recast of the Sixth Directive

On 1 January 2007 new EU Directive [1] ("Recast") governing the common system of value added tax in all Member States came into force. The Recast supersedes the Sixth Directive [2]. The Recast was issued to simplify the Sixth Directive which, owing to numerous amendments, had become difficult to follow, unsystematic and often incomprehensible.
18.7.2008
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News

Export Control System comes into operation in the Czech Republic

Pursuant to amendments to Commission Regulation no. 2454/93 on implementation of the customs codex, as from 1 February 2007 the Czech Republic commenced operation of the Export Control System (ECS) (e-Export), intended to facilitate rapid electronic exchange of information between customs authorities in Member States on exports to third countries.
18.7.2008
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News
M&A

KSB advises gas company MOL Plc. on its acquisition of I & C Energo

Kocián Šolc Balaštík assisted Hungarian gas company MOL Plc. with acquiring a 100% stake in I & C Energo from ČEZ. I&C Energo is engaged in providing system control and industrial IT control services.
18.7.2008
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News

Increased state aid "de minimis" threshold

European Commission Regulation no. 1998/2006 has increased the de minimis state aid threshold (a sum which, if exceeded, gives rise to the presumption that state aid can distort economic competition and is therefore incompatible with the common market).
18.7.2008
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News
Competition

Merger of the two largest producers of mineral water in the Czech Republic has been approved – KSB represents Karlovarské minerální vody, a.s.

The largest producer of mineral and spring water in the Czech Republic, Karlovarské minerální vody, a.s., has received after a long “fight” with the Antimonopoly Office of the Czech Republic (ÚOHS) a decision on approval of the merger with Poděbradka, a.s., the second largest producer operating in the same industry.
18.7.2008
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News

Chamber of Deputies: amendments to the Act on Accounting approved

The amendments repeal the obligation to publish final accounts in electronic form in the Commercial Bulletin, since final statements are available in digital format in the documents registries of the Commercial Register.
18.7.2008
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News

Finance Ministry instructions D-190, D-223 and D-267 replaced with instruction D-300

The instruction sets out the Czech Finance Ministry's interpretation of some provisions of ITA. Although not binding on tax payers, the instruction is likely to be followed by tax authorities. The wording of instruction D-300 has been more closely specified and now reflects the comments of the Czech Chamber of Tax Advisors and other conclusions approved by the Co-ordination Committee of Czech Finance Ministry and Czech Chamber of Tax Advisors.
7.7.2008
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News
M&A

Heineken Group completes acquisition of Drinks Union

Heineken Group with KSB as its legal counsel completed the acquisition of Drinks Union in the Czech Republic on 1 July 2008. The transaction involved transfer of a majority stake in Drinks Union, and, indirectly, a stake in Pivovar Louny, to Královský pivovar Krušovice a.s., a Heineken Group’s flagship in the Czech Republic.
7.7.2008
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News
Corporate law

KSB assists with STAROBRNO squeeze-out

Kocián Šolc Balaštík, as long-term legal counsel to the Heineken Group, assisted the global brewery group with a squeeze-out in STAROBRNO, a.s., a member of the Heineken Group. It was the first squeeze-out to be carried out under the newly applicable legislation effective since 1 April 2008, which no longer requires consent from the Czech National Bank to squeeze-outs carried out by companies that do not issue listed participation securities.
7.7.2008
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News
M&A

KSB assists OKD in combined spin-off

Kocián Šolc Balaštík, as long term legal counsel to New World Resources, assisted NWR Group member OKD, a.s. with restructuring that involved spin-off via combining a merger and foundation of new companies.
7.7.2008
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Publications

Prospectus for the Public Offering of Securities in Europe

Petr Kasík and Vlastimil Pihera contributed a chapter dealing with the transposition of the Prospectus Directive into Czech law to Prospectus for the Public Offering of Securities in Europe, Volume I. The title was published by Cambridge University Press as a part of the “Law Practitioner Series” and contains a summary of the provisions of Directive No. 2003/71/EC on the prospectus and on the transposition thereof in fifteen EU Member States. The title was authored by lawyers from major European law firms. More information
7.7.2008
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News

Client Workshop – Personal Data Protection

Kocián Šolc Balaštík (KSB) held a workshop on 24 June 2008 to provide its clients with a summary of personal data protection issues. The lecturers were KSB personal data protection specialists, Martin Kubík, Petra Mirovská and Drahomír Tomašuk.
19.6.2008
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News

Act on Public Budget Stabilization and Labour Law Issues

13.6.2008
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Publications

VAT Deductions – New Prospects, Euro, No. 20/2008

Václav Pátek, a Kocián Šolc Balaštík tax specialist, writes an article in Euro on VAT deductions relating to fraudulent conduct. To download the article click here.
13.6.2008
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News
Corporate law

KSB assists OKD, OKK, a.s. in merger with parent company

Kocián Šolc Balaštík assisted NWR Group member OKD, OKK, a.s. in another stage of restructuring in which OKD, OKK’s parent company ceased to exist by merging with its subsidiary OKD, OKK, a.s. KSB’s assistance was provided as part of its long-term legal assistance to the NWR Group (New World Resources).
13.6.2008
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News
Corporate law

KSB advises Skanska Group in restructuring and spin-off by merger

Kocián Šolc Balaštík assisted Skanska CZ in the Skanska Group’s restructuring in the Czech and Slovak Republics. The restructuring resulted in a new holding structure under the umbrella of the newly incorporated Skanska CS and spin-off of part of Skanska CZ’s operations via spin-off by merger into three existing surviving companies.
13.6.2008
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News
Corporate law

KSB assists Teplárny Brno in concentration with Tepelné zásobování Brno through division by merger

Kocián Šolc Balaštík assisted Teplárny Brno during the transformation involving concentration of its business with the business of Tepelné zásobování Brno. The transformation took the form of a division by merger in which Tepelné zásobování Brno ceased to exist and its operations passed over to its indirectly controlled affiliate, Teplárny Brno.
10.6.2008
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News

The Constitutional Court Cancelled Part of the Labour Code

On 11 March 2008, the Constitutional Court issued a long awaited decision on constitutional complaints challenging the new Labour Code shortly after having been adopted. Award File No. Pl. ÚS 83/06 applies even to the concept of the Code.
10.6.2008
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News

Amendment to the Code of Distraint Procedure

Amendment to Act No. 120/2001 Coll., on court-appointed distrainers and distraining activities (the Code of Distraint Procedure), as amended, effective from 1 January 2008, was published under Act No. 347/2007 Coll. The major goal of the amendment is to make supervision over distrainers more efficient and, as a result thereof, improve their activities; However, at the same time, the amendment again worsens the position of creditors in connection with the payment of distraint costs.
10.6.2008
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News

Consumer Protection, Advertising, Competition

Act No. 36/2008 Coll. amended several laws applicable to consumer protection, advertising and competition, effective 12 February 2008, to increase protection of consumers against unfair business practice and, at the same time, improve competition culture; the amendment implements Directive 2005/29/EC concerning unfair business-to-consumer commercial practices in the internal market. The following legislation is primarily involved:
10.6.2008
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News

Technical Amendment to the Labour Code

The long awaited legislative, technical and corrective amendment to Act No. 262/2006 Coll., the Labour Code, as amended (hereinafter the “Labour Code”), was disclosed under Act No. 362/2007 Coll. effective 1 January 2008.
10.6.2008
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News

Act on Public Budget Stabilization and Labour Law Issues

Act No. 261/2007 Coll. on the Public Budget Stabilization (hereinafter the “APBS”), applies, among other things, to labour legislation. The changes took effect on 1 January 2008.
10.6.2008
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News

New Provisions Applicable to Takeover Bids and Squeeze-Outs

Act No. 104/2008 Coll., concerning takeover bids and amending some other Acts (the Takeover Bid Act) took effect on 1 April 2008. The Act applies to bids aimed at issues of gaining control over listed companies, which were originally regulated by the Commercial Code. Following this conceptual step, the Commercial Code shall apply to public bids for purchase of shares in primarily unlisted companies but also to listed companies if there is no intention of gaining control over the target company.
22.5.2008
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News
Competition

Heineken expands to include Drinks Union

Kocián Šolc Balaštík (KSB) law office represented Královský pivovar Krušovice a.s., a member of the multinational Heineken Brewery Group, before the Czech Anti-trust Office in an application for acquisition of the major beverage group Drinks Union, a.s. The Office granted unconditional approval for the merger on 28 April 2008.
22.5.2008
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News

KSB participates in external comments proceedings on Waste Act Amendment

Kocián Šolc Balaštík (KSB) law firm participated in providing comments to the so-called great amendment to Act No. 185/2001 Coll., the Waste Act, introduced by the Ministry of the Environment at the end of February 2008.
14.5.2008
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News

Kocián Šolc Balaštík - Law Firm of the Year 2008

Prague, 12 May 2008 – Kocián Šolc Balaštík (KSB) has won the first ever Chambers Europe Awards for Excellence. At the ceremony in Barcelona on Thursday 8 May 2008, KSB was delighted to receive the award for National Law Firm of the Year 2008, Czech Republic. The award confirms that KSB is a leading Czech law firm, having already been named Law Firm of the Year, Czech Republic 2006 and 2007 by Who\'s Who Legal.
1.5.2008
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Publications

Getting the Deal Through – Gas Regulation 2008

Václav Rovenský and Tomáš Sequens have recently authored the chapter on the Czech Republic for Getting the Deal Through – Gas Regulation 2008 edition, published by Law Business Research, London. The Czech chapter provides a clear and concise guide to the law governing the Czech gas market as well as many related business aspects. Available for download here.
3.4.2008
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Publications

The International Comparative Legal Guide to: Litigation & Dispute Resolution 2008

Pavel Dejl and Radka Felgrová have recently authored the Czech chapter in The International Comparative Legal Guide to: Litigation & Dispute Resolution 2008, providing a clear guide to the basic law on dispute resolution in court and arbitration proceedings in the Czech Republic, the organisation of Czech courts and litigation under Czech law. Other points covered include assets available to the parties, instruments used by the court to direct the proceedings, types of court orders and the effects of court decisions. Arbitration is covered in a separate chapter. The Guide is published by the Global Legal Group. To view/download click here
2.4.2008
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News
M&A

KSB advises Heineken on its acquisition of Drinks Union

Kocián Šolc Balaštík (KSB) acted for Heineken during the acquisition of Drinks Union, a.s., the Czech beverages group and owner of several Bohemian breweries (Krásné Březno, Velké Březno, Louny, Kutná Hora), whose portfolio includes the Zlatopramen brand.
19.3.2008
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News

Úpadek, insolvenční právo

19.3.2008
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News

Úpadek, insolvenční právo

12.3.2008
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News
Environmental Law

KSB – one of the first participants in the \"Green Firm\" environmental project

KSB is one of the first to take part in Green Firm, a project organised by REMA Systém, a.s., a company duly licensed to manage electrical waste in the Czech Republic.
11.3.2008
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Publications

VAT on financial and insurance services – not just for banks and insurance companies

This article (published by C.H. Beck) by Václav Pátek (of KSB) provides a detailed legal analysis of VAT issues with a wider application than the narrowly defined specialise in the title suggests. Pátek examines selected aspects of financial and insurance services (in the current business climate no longer the sole province of banks and insurance companies) to compare Czech and EU VAT laws and to investigate whether Community law has been given full and proper effect with reference to selected services. Pátek's contribution will assist tax consultants, advocates and all of those working in the sector of tax administration, as well as all those seeking answers to VAT application issues in the seemingly narrow sector of financial and insurance services. In particular, some of the general principles identified will be applicable in areas additional to those indicated in the title. For further information click here
5.3.2008
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Publications

A Practical Guide to National Competition Rules Across Europe – second edition

Pavel Dejl, Pavel Nosek and Ivo Šimeček have recently completed the chapter on the Czech Republic in A Practical Guide to National Competition Rules Across Europe – second edition, published by Kluwer Law International as part of their International Competition Law Series. True to its title, the publication is a comprehensive guide to competition law in the EU, Norway and Switzerland. As well taking an overall look at Czech competition law, the Czech chapter deals with related aspects of Community law and regulated markets legislation, cartel agreements, abuse of dominant position, competition law enforcement, powers of the Czech Antitrust Office and the law on concentration of undertakings, with illustrative recent judicial decisions. To download this chapter, click here
3.3.2008
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Publications

The International Comparative Legal Guide to: Cartels & Leniency 2008

Pavel Nosek and Ivo Šimeček have recently written an article for The International Comparative Legal Guide to: Cartels & Leniency 2008, published by Global Legal Group, examining newly enacted provisions on regulation of cartels and the leniency program in the Czech Republic and briefly commenting on basic Czech competition law and the powers of the Czech Antitrust Office. The article also sets out basic information on proceedings before the Office, including reviews of its decisions and appeals. The article is available here
21.2.2008
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News

Pokyny k vyplnění souhrnného hlášení k DPH

21.2.2008
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News

Prominutí správního poplatku při elektronickém podání

21.2.2008
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News

Zákon o územních finančních orgánech

21.2.2008
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News

Sazby stravného pro rok 2007

21.2.2008
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News

Částky pro stanovení výpočtových základů nemocenského pojištění

21.2.2008
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News

Stanovení jednotných kurzů

21.2.2008
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News

Novela předpisů v oblasti nemocenského pojištění, sociálního zabezpečení a pracovněprávní

21.2.2008
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News

Průměrné ceny pohonných hmot

2.2.2008
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News

Martin Šolc – Lawyer of the Year 2007

Martin Šolc, partner of Kocián Šolc Balaštík (KSB), has been elected Lawyer of the Year 2007, Commercial Law. His success means that KSB has won the award in three consecutive years - Jiří Balaštík was Lawyer of the Year 2005 (Property) and Professor Dědič was Lawyer of the Year 2006 (Commercial).
17.1.2008
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News
Corporate law

KSB represented PPF Group N.V. in establishment of European Company HC SE by merger

Kocián Šolc Balaštík (KSB) provided PPF Group N.V. with legal services in Czech and EU law in regard to establishment of European Company HC SE. The procedure involved merger of Home Credit Grand Holding a.s. and HC Holding a.s. into Dutch entity HCES N.V. which changed its legal form into HC SE as a result of the merger. The transaction included resolution of employee involvement issues in the merging companies and subsidiaries in the Czech Republic, Netherlands and Slovakia.
17.1.2008
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News

KSB advises during preparation of first pilot PPP project in Czech Republic – “Project for Central Military Hospital’s Staff Dormitory, Hotel and Parking Place”

Law firm Kocián Šolc Balaštík has been appointed by Hochtief CZ, a.s. as legal advisor for its consortium in connection with preparation of the Public Private Partnership (PPP) project titled “Project for Central Military Hospital’s Staff Dormitory, Hotel and Parking Place”. The project consists of financing, building and operation of Prague Central Military Hospital’s staff dormitory, hotel, parking place and related structures. The investment value of the project amounts to CZK 1 billion.
16.1.2008
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News

Jan Najman is new attorney at KSB

Law firm Kocián Šolc Balaštík (KSB) extended its team in early January by attorney Jan Najman, whose practice is focused on the law of commercial companies, mergers and acquisitions and the law of commercial obligations.
17.12.2007
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News

Brno Regional Court nullifies the ruling against RWE Transgas, a.s. on abuse of dominant position issued by the Chairman of the Office for Protection of Economic Competition

Kocián Šolc Balaštík acted for RWE Transgas before the Brno Regional Office against the Chairman of the Office for the Protection of Economic Competition on an appeal against a ruling on abuse of dominant position.
7.12.2007
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News

VGP launched on Prague and Brussels Stock Exchanges

VGP’s share issue today is the second IPO on the Prague Stock Exchange this year offered by VGP, an industrial developer specialising in construction and lease of sites for logistics and light manufacture. Kocián Šolc Balaštík has advised VGP almost right from the start of its business activities in the Czech Republic on many matters including contract leases, land acquisitions as well as corporate and employment law.
6.12.2007
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Publications

Leniency Regimes – second edition

Pavel Dejl, Pavel Nosek and Ivo Šimeček have recently contributed a chapter on the Czech Republic for publication in Leniency Regimes (pub. European Lawyer Limited) reflecting changes applied as from 28 June 2007 by the Czech Office for the Protection of Economic Competition and based on the ECN Model Leniency Program and the existing European Commission Leniency Program. Under the new regime, the Office may use its discretion to reduce fines imposed on parties to secret horizontal cartel agreements if they work together with the Office to detect and disclose such arrangements. The contribution is a full update on the position under the former Leniency Program dating from 2001. Download the chapter here
26.11.2007
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News
M&A

KSB represents New Frontier Holding in acquisition of majority share in Profinit

Law firm Kocián Šolc Balaštík represented the Austrian company New Frontier Holding GmbH in purchase of sixty percent share in the Czech company Profinit, s.r.o., a provider of specialized IT solutions.
23.11.2007
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News
Corporate law

KSB assists OKD in spin off of assets

Law firm Kocián Šolc Balaštík assisted OKD in a further step toward its restructuring, consisting of spinning off part of OKD’s assets into a newly established company, as part of KSB’s continuing provision of consultancy to OKD and the RPG Group, to which OKD belongs. The spin-off took effect on 31 October 2007.
19.11.2007
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News
Pro bono

Charity Concert for Good Will Committee – Olga Havlová Foundation

Law firm Kocián Šolc Balaštík organises the traditional Charity Concert for the Good Will Committee – Olga Havlová Foundation. This year is the concert’s thirteenth year, taking place on Sunday 25 November 2007, 7:00 p.m., at the concert hall of the Church of St. Simon and Jude in Prague Old Town.
18.11.2007
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News

KSB’s Karlovy Vary branch expands its team by new attorney

Aleš Váňa is the latest member to join the team of attorneys at KSB’s Karlovy Vary branch. He joined the firm in November and is a specialist in civil and commercial law, litigation and real estate law. Aleš Váňa graduated from the Law Faculty of Charles University in Prague in 2003 and subsequently obtained experience and knowledge in advising regional entrepreneurial entities, first as a junior lawyer and then as an attorney in 2007.
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