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3.3.2021
News

Dagmar Dubecká and Sylvie Sobolová in the prestigious ranking of the Top 100 women in the Czech and Slovak legal business

KŠB partners Dagmar Dubecká and Sylvie Sobolová are among the leading representatives of Czech and Slovak law in the ranking of the Top 100 women in the Czech and Slovak legal business. Dagmar succeeded in the category of Mergers and Acquisitions, Sylvie in the category of Intellectual Property.
23.2.2021
News
M&A
TMT

KŠB assisted its long-term client, Solitea, in its next acquisition

The KŠB team, led by partner Drahomír Tomašuk and lawyer Ján Béreš, assisted Solitea in the acquisition of the IT Services division of the Czech company AspectWorks, in particular by conducting a due diligence and preparing and negotiating acquisition and post-acquisition agreements.
22.2.2021
News

Dagmar Dubecká Ranked Once Again Among the TOP Women in the Czech Republic

The partner of the law firm KŠB Dagmar Dubecká is once again placed in the traditional ranking of TOP women in the Czech Republic, namely in the category of Top women business - businesswoman.
16.2.2021
News
M&A

Acquisition of apt Group by Inner Mongolia Mengtai Listed in Deals of the Year 2020

The acquisition of the apt group by China-based Inner Mongolia Mengtai has been included on the prestigious Deals of the Year 2020 list, which is published annually by the China Business Law Journal.
1.2.2021
News

Petr Kasík Named the New Managing Partner of KŠB

On 1 February 2021, Petr Kasík became the new managing partner of Kocián Šolc Balaštík, taking over the role from Dagmar Dubecká.
27.1.2021
News
Pro bono

Online Fundraising for the Good Will Committee – Olga Havel Foundation

To date, Kocián Šolc Balaštík has organized 25 charity Advent concerts for the benefit of the Committee of Good Will – Olga Havel Foundation (CGW OHF).
19.1.2021
News
M&A
TMT

KŠB Advises on Sale of DAQUAS

KŠB’s team, led by partner Drahomír Tomašuk and senior associate Ján Béreš, advised on the sale of DAQUAS, a company engaged in providing full-service IT consulting, acquisition and management of software licenses, use of Microsoft Online Services, and more.
14.1.2021
News

Devátý ročník Contract Competition za námi!

21.12.2020
News
Real estate and construction
Tax

KŠB Advises J&T Banka on HQ Acquisition

KŠB team advised J&T Banka on the acquisition of Rustonka Development II, which owns the Rustonka office building in Karlín, Prague, with over 17,900 m2 of leasable area. In September 2020, the bank moved its headquarters to the building together with approximately 750 employees. The value of the transaction is approximately EUR 80 million.
17.12.2020
News
Real estate and construction

KŠB Advises ARETE INVEST on the disposal of a logistics parks portfolio

KŠB advised ARETE INVEST’s real-estate fund on one of the largest Czech-Slovak real estate transactions this year.
23.11.2020
News
Aviation and aerospace

Comprehensive legal advice on financing for the purchase of two LET Aircraft Industries L-410 UVP E-20 aircrafts

Kocian Solc Balastik’s aviation team, led by partner Jiří Horník and senior associate Ivo Průša, has provided comprehensive legal advice to ING Bank Śląski (ING group) on financing for the purchase of two LET Aircraft Industries L-410 UVP E-20 aircrafts, which also included special packages containing radars, long-range observation systems, SATCOM datalink, automatic vessel ID system, rescue equipment allowing for carrying out maritime patrol tasks, along with hardware for supporting maritime SAR operations.
18.11.2020
News
Pro bono

Fundraising for the Good Will Committee – Olga Havel Foundation

30.10.2020
News
Competition

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

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

Contract Competition 2020

8.10.2020
News
Financial services

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

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

KŠB Advises Plzeňské městské dopravní podniky on Public Contract

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

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

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

KŠB Represents Walteran Company at the ČNB

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

KŠB Advises WY Group on Acquisition of HOSTING90 systems

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

KŠB Advises on Sale of Smetanová cukrárna

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

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

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

KŠB Advises Škoda Transportation Group on Acquisition of EKOVA ELECTRIC

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

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

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

Vlastimil Pihera elected to the AKAT Ethics Committee

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

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

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

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

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

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

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

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

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

KŠB advised ARETE Group on refinancing

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

KŠB Ranks Once Again In The Prestigious Legal 500

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

KSB scores again in the current Chambers Europe Yearbook

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

KSB's assistance in the acquisition of Stable.cz

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

KSB assisted Solitea Holding in acquisition of AXIOM PROVIS

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

KŠB Nominated for 2019 Deal of the Year Award

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

KSB scores in Chambers Global 2020

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

KSB provided legal services to the Experientia Foundation

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

Jan Lasák and Vlastimil Pihera Become KŠB Partners

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

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

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

KSB Advises Solitea Holding on Acquisition of Clever Decision

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

KŠB Advises on IGNUM Acquisition

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

Dagmar Dubecká and Simona Hornochová among Important Female Lawyers of 2019

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

Women in Law Panel Discussion and KŠB Open Day

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

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

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

KŠB Opens New Client Suite in September 2019

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

KŠB Supports Business Law Summer School

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

KŠB Assists on the Sale of Panorama Hotel Prague

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

KŠB Advised PepsiCo CZ on the Sale of Its Toma Business

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

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

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

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

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

Sportovní úspěch KŠB

25.4.2019
News

Adaptační zákon ke GDPR je účinný

12.4.2019
News

Incorporation of KŠB Accounting s.r.o.

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

KSB Ranked in Latest Chambers Europe 2019 Yearbook

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

Commentary on the State Enterprise Act

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

KŠB Names New Partner and Counsel

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

KSB Wins Damages Case for Asiana

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

Contract Competition Marks Its Seventh Year

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

Simona Hornochová Joins KŠB

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

KŠB advised on the sale of Forum Karlin complex

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

Kocián Šolc Balaštík Takes Part in Social Events

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

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

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

KŠB Ranked Once Again in Prestigious IFLR1000

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

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

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

Contract Competition 2018

17.9.2018
News
Publications

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

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

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

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

KSB advised ŠKODA AUTO DigiLab on its CareDriver project.

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

News from KŠB's Energy Law Team

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

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

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

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

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

KŠB Sponsors 7th Annual Corporate Lawyer Awards

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

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

KSB has acted as Czech counsel to ENERGO-PRO a.s. in respect of its issuance of EUR 250,000,000 of 4.50 per cent. Guaranteed Notes due 2024 (the "Notes").
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29.11.2006
News

European social law – unemployment allowances

Judgment of the European Court of Justice in Case C-406/04 Gérald De Cuyper of 18 July 2006.
29.11.2006
News

EU commission confronts national governments on mergers

New use of Article 21 (4) of the Merger Regulation
29.11.2006
News

Jurisdiction to open main insolvency proceedings

Judgement of the European Court of Justice in Case C-341/04 Eurofood IFSC Ltd of 2 May 2006.
20.9.2006
Publications

The International Comparative Legal Guide to: Pharmaceutical Advertising 2006

Hana Heroldová and Jana Schovancová drafted a chapter dealing with regulation of advertising in the pharmaceutical sector in the Czech Republic for the publication The International Comparative Legal Guide to: Pharmaceutical Advertising 2006. In their article they reply to questions concerning advertising of medicinal products, rules regulating advertisements of health professionals and other experts dealing with health issues, including advertising of health institutions such as hospitals. The article also answers questions concerning Internet advertising in the field of pharmacy, including regulation of advertising of health technology. The publication was issued by the British publishing house Global Legal Group. The article can be downloaded here.
12.9.2006
News

KŠB cooperates with PPF Group member Torpera Limited in preparing joint-venture agreement with Sichuan Changhong Electric Co., Ltd.

KŠB represented Cyprus-based Torpera Limited, a member of the PPF Financial Group, in preparing a joint-venture agreement with the Chinese company Sichuan Changhong Electric Co., Ltd. for the manufacture of plasma televisions. The agreement sets forth the fundamental parameters of cooperation in the joint venture between the PPF Group and Changhong and was entered into on September 12, 2006.
1.9.2006
News
Corporate law

KŠB provides legal services to the RWE Group for squeeze-out in Severočeská plynárenská, a. s.

Squeeze-outs pursuant to Section 183i et seq. of the Commercial Code have been a part of the Czech legal system only since July 1, 2005, a relatively short time, but they immediately became in principle a frequent instrument used for solving ownership structures in many important Czech commercial companies.
22.8.2006
News

Council Regulation (EC) No. 1346/2000 on bankruptcy proceedings to affect Czech entities doing business in foreign countries

In the Czech Republic as well as in other EU countries, the first events from application of Council Regulation (EC) No. 1346/2000 on Bankruptcy Proceedings have appeared pursuant to which courts of the member state in which the debtor’s main interests are concentrated are competent to commence bankruptcy proceedings. In case of a company or another legal entity, the registered office is considered to be the place where main interests are concentrated, unless the contrary is proven. A court of such member state can newly declare bankruptcy with effects in the Czech Republic in respect of a Czech entity with a registered office in the Czech Republic but with main interests on the territory of another EU member state without the necessity of undergoing the procedure for recognition of an insolvency decision. This also applies in the opposite case in which Czech courts can declare bankruptcy in respect of a debtor from another EU member state under the same conditions.
22.8.2006
News

Important amendments to Commercial Code and Accounting Act

On March 8, 2006, two legal regulations became simultaneously valid and effective which significantly amend the Commercial Code and the Accounting Act and have considerable practical impact in the area of law for commercial companies.
22.8.2006
News

Chemical Industry

Negotiations concerning the draft order titled REACH, which regulates in particular the registration of chemicals by their producers and the effectiveness of which is envisaged in 2007, is in the final phase. This is a very significant legal regulation concerning de facto all companies involved in the chemical industry. All documentation concerning these issues is available at http://ecb.jrc.it/REACH/.
22.8.2006
News

Amendment to Act No. 116/1990, Coll., on lease and sublease of commercial premises

In the case of a lease agreed upon for entrepreneurial purposes, the lease agreement must newly contain information on the type of business carried out on the leased commercial premises. If the lessee wishes to change the type of business and if such change significantly affects the use of the commercial premises, the lessee may do so only subject to the lessor’s previous consent, unless agreed otherwise. The lessee’s failure to do so constitutes grounds for the lessor’s notice of termination, unless agreed otherwise. Neither the lessee nor the lessor may terminate the lease on the grounds of change in ownership of the building in which the leased commercial premises are located, unless agreed otherwise. In the case of the lessee’s dissolution as a legal entity, the lease newly terminates only if such legal entity was dissolved without a legal successor, unless agreed otherwise. (Effective as of October 19, 2005.)
22.8.2006
News

European Parliament and Council Regulation (EC) No. 805/2004, on European Enforcement Order for uncontested claims

The regulation introduced the so-called European Enforcement Order for uncontested claims, i.e. receivables recognized by creditors on the basis of a payment order or a judgment for recognition. The basic idea of this regulation is that if investigatory proceedings correspond with a certain standard, the claim arising from the proceedings can be confirmed in the state where it was issued as an European enforcement order. Such claim can be executed in another member state without the necessity of exequatur, i.e. recognition proceedings. The regulation brings evident advantages to creditors who have the possibility of fast and effective resolution in a foreign country without involving the court power of the member state in which they seek the claim, i.e. without delays and higher costs. The regulation is a part of a set of measures for further development of the principle of mutual recognition of judgments and other decisions by court bodies in the EU. (Effective as of October 31, 2005.)
22.8.2006
News

Information on an amendment to Act on Collective Investment

On March&nsbp;17, 2006, the Senate of the Parliament of the Czech Republic approved an important amendment to Act No. 189/2004, Coll., on Collective Investment. Besides certain amendments of a technical nature, this amendment brings about three fundamental changes with significant importance for investment companies and funds, developers, real estate dealers and risk capital investors.
22.8.2006
News

Telecommunication

The European Union prepares a fundamental reform of the existing European telecommunication policy. For this purpose, the General Directorate of the European Commissions’ Information Company opens an expert public discussion. For details see http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/874. Potential standpoints can be sent until October 30, 2006.
22.8.2006
News

Act on unilaterally increasing apartment rent and other changes to legal regulation of apartment leases

On March 14, 2006, Act No. 107/2006, Coll., on Unilateral Increase of Apartment Rent and on Amendment to Act No. 40/1964, Coll., the Civil Code, as amended (called the “Four Years Act”) was announced in the Collection of Laws becoming effective March 31, 2006. The regulation of increasing the rent is valid until December 31, 2010.
22.8.2006
News

Competition/Retail Banking

The General Directorate for the Economic Competition of the European Commission addressed the expert public and asked for a standpoint concerning issue connected with retail banking, specifically issues concerning current accounts and associated services. The base for an expert discussion should be the Commission’s Report concerning these issues issued in June 2006. Expert standpoints can be presented until October 9, 2006. For details on these issues see the European Commission’s web page http://ec.europa.eu/comm/competition/antitrust/others/sector_inquiries/financial_services/public_consultation_2.html.
22.8.2006
News

Structural Funds

The European Parliament has approved five orders regulating project financing from structural funds for 2007- 2013. EUR 308 billion has been allocated for the Solidarity Fund, European Social Fund, Regional Development European Fund and for the new European Association for Territorial Cooperation in the EU’s seven-year budget. The approved legislation defines targets and in particular the criteria for drawing on the funds and for their distribution in the extended EU. The means for drawing on the funds is opening in the amount of almost EUR 308 billion for 2007 through 2013, which is more than one third of the total financial framework. EUR 23.6 billion (i.e. more than CZK 773 billion) is allocated for the Czech Republic from the funds. For allocation of the funds from structural funds and the Solidarity Fund among operation programs in the Czech Republic in 2007-2013 and other details see http://www.strukturalni-fondy.cz/operacni-programy-2007-2013/.
22.8.2006
News

State Aid, Energy, Transport

In the European Union a public discussion has just ended on the proposal for a change of the existing order No. 69/2001 on application of Articles 87 and 88 SES (state support) for de minimis public support in the area of transportation and coal industry. Therefore, it is possible to expect that this proposal will be negotiation in a short time. Quite interesting is the fact that the Commission also made available full texts of standpoints of certain entities concerning this proposal, such as those of Scottish Coal, CoalPro, IG Bergbau Chemie Energie, Eurelectric, etc. The proposal is available at http://ec.europa.eu/dgs/energy_transport/state_aid/consultation/2006_04_15_en.htm.
22.8.2006
News

New administrative rules

Public administration is newly understood as a service to the public. In comparison with the original administrative rules, the new administrative rules concerns all public administrative proceedings, i.e. the procedures of state administrative bodies and of self-governing bodies (municipalities, regions, profession self-governance).
22.8.2006
News

Energy and Transport

The General Directorate for Energy Industry and Transportation of the European Commission published on its web page a fundamental document “Annual Report on Energy Industry and Transportation for 2004“. The full text of this publication can be obtained free of charge on the European Commission’s web page – see http://ec.europa.eu/dgs/energy_transport/figures/energy_review_2004/index_en.htm.
15.8.2006
News

Amendment to the Trade Licensing Act

On May 19, 2006, Act No. 214/2006, Coll. was announced in the Collection of Laws, which amends Act No. 455/1991, Coll., the Trade Licensing Act, as amended, and certain other acts; this act became effective on August 1, 2006. The aim of the amendment is to simplify procedures during registration of an entrepreneur in the area of small trade business activities; such simplification is to be achieved by reduction of the number of acts and visits that the entrepreneur is obliged to perform in connection with commencement of its business activities. The act also concentrates certain acts that the entrepreneur had so far to perform separately into a single location. The Trade Register is newly pronounced by the act as a public administration information system. The Trade Licensing Office of the Czech Republic is its administrator and the Trade Register is operated by municipal and regional trade licensing offices in the extent set forth by law.
15.8.2006
News

Fundamental changes in the Czech labour law since January 1 2007 – a new Labour Code and a new Act on Safety and Health Protection at Work

The Labour Code (LC) cancels fifty-eight valid legal regulations with effect as of January 1, 2007 and is drafted as a labour-law code containing, save for certain exceptions, complete labour-law regulations. As up to now, the legal regulation of collective bargaining remains outside the Labour Code.
15.8.2006
News

New Public Procurement Act

On July 1, the new Public Procurement Act No. 137/2006, Coll. (the "Act") became effective, which became to exist as a part of a legislative package creating a legal framework for public procurement and concessions (which are newly regulated in a separate Act No. 139/2006, Coll.). It can be stated that adoption of this act represents apparent improvement of the existing legislation, since it brings legal precision of the conditions for orders with simultaneous guaranteeing a more free attitude to the orderers procedures and starts from consistent respecting the proportionality principle in the sense of balancing the achievable degree of the formality of the applied rules (generally contributing to higher transparency) with a practically tolerable amount of administrative costs and time of the prescribed procedures. Read more here/p>
15.8.2006
News
Corporate law

KŠB assisted in the first spin-off of a commercial company in the Czech Republic

This project was realized within the PPF Group in which a part of the assets from Česká pojišťovna a. s. was spun-off to establish the new company Home Credit Grand Holding a. s.
5.8.2006
News
Corporate law

KSB participates in a "pioneering" legal project: two major Czech companies have merged into European Company (Societas Europaea - SE)

In a pioneering legal move, the first ever Cypriot European company (societas europea) - RPG Industries SE - was registered by the Cypriot authorities on 3 August 2006. This European company was formed by a merger of two significant Czech companies Karbon Invest and Charles Capital into their Cypriot parent. European company is a new type of corporation introduced recently by the EU law. It is for the first time that important Czech companies have participated in a true cross-border merger.
1.7.2006
News

Ladislav Smejkal novým zástupcem KŠB v Bruselu

21.4.2006
News

KŠB named Czech Republic’s leading law firm in 2006 Who’s Who Legal Awards

26.3.2006
News

European Court of Justice declares itself not competent when the reference for a preliminary ruling

Judgement by the European Court of Justice in Case C-302/04 – Ynos kft v Janos Varga, dated 10 January 2006
26.3.2006
News

Freedom of movement for workers and recognition of diplomas

Judgment by the European Court of Justice in Case C-330/03 Colegio de Ingenieros de Caminos (Institution of Civil Engineers), Canales y Puertos v Administración del Estado (State Administration), dated 19 January 2006
26.3.2006
News

Commission Communication – INTRA-EU Investment in the financial services sector

OJ [2005] C 293
26.3.2006
News

State Aid: Repayment of state aid ordered by the European Commission

Decision by the European Court of Justice in Case C-148/04 – Unicredito Italiano SpA v. Agenzia delle Entrate, Ufficio Genova 1, dated 15 December 2005
26.3.2006
News

Regulation on controls of cash entering or leaving the community

European Parliament and Council Regulation 2005/1889/EC dated 26 October 2005, on controls of cash entering or leaving the Community (OJ [2005] L 309)
26.3.2006
News

Freedom of Establishment: Tax relief for parent company as a result of losses incurred by its subsid

Judgement by the European Court of Justice in Case C-446/03 – Marks & Spencer plc vs. David Halsey (Her Majesty’s Inspector of Taxes), dated 13 December 2005
26.3.2006
News

Cross-Border mergers directive

Directive 2005/56/EC of the European Parliament and of the Council dated 26 October 2005, on cross-border mergers of limited liability companies (OJ [2005] L 310)
15.3.2006
News

Kocián Šolc Balaštík is deemed to be one of the best law firms in the Czech Republic in the area of competition law

Based on an analysis performed by the prestigious magazine Global Competition Review (No. 8, December 2005/January 2006), law firm Kocián Šolc Balaštík was assessed as one of the top three elite law firms in the Czech Republic in the area of competition law.
28.11.2005
News

Unfair commercial practises directive

Directive 2005/29/EC of the European Parliament and of the Council of 11 May 2005 concerning unfair business-to-consumer commercial practices in the internal market and amending Council Directive 84/450/EEC, Directives 97/7/EC, 98/27/EC and 2002/65/EC of the European Parliament and of the Council and Regulation (EC) No 2006/2004 of the European Parliament and of the Council (OJ [2005] L 149) – hereinafter the “Directive”
28.11.2005
News

Scope of requirements for establishment of breach of community law by a member state

Judgement of the European Court of Justice in case C-287/03 – Commission v. Belgium, dated 12 May 2005
28.11.2005
News

Concession for management, distribution and maintenance of a public gas distribution installations –

Judgement of the European Court of Justice in case C-231/03 – Consorzio Aziende Metano (Coname) v. Commune di Cingia de’Botti, dated 21 July 2005
28.11.2005
News

Principle of equal treatment of man and woman, rule of equal pay for man and woman

The judgement of the European Court of Justice in case C-191/03 – North Western Health Board v. Margaret McKenna, dated 8 September 2005
28.11.2005
News

Free movement of goods: Restriction on import of medicines for personal use

Judgement of the European Court of Justice in case C-212/03 – Commission v. France, dated 26 May 2005
28.11.2005
News

Competition: Commitments from Coca-Cola become legally binding

Commission decision in Case No. COMP/39.116/B-2 – Coca-Cola issued pursuant to Article 9(1) of the Council Regulation 1/2003
28.11.2005
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Reimbursement of the costs of a bank guarantee provided in lieu of payment of a fine imposed by the

Judgement of the Court of First Instance in case T-28/03 – Holcim (Deutschland) AG v. European Commission, dated 21 April 2005
1.10.2005
News
M&A
TMT

KŠB represented TELEFÓNICA, S.A. in the acquisition of ČESKÝ TELECOM

KŠB represented Spanish company TELEFÓNICA, S.A. in the acquisition of a 51.1% share in ČESKÝ TELECOM. This was the largest acquisition in the Czech Republic in 2005, with the purchase price reaching nearly 83 billion Czech crowns.
19.6.2005
News

Securing Consumers safety – new guidelines for notification of dangerous products

Commission Guidelines for the Notification of Dangerous Consumer Products to the Competent Authorities of the Member States by Producers and Distributors in accordance with Article 5(3) of Directive 2001/95/EC (Commission document No. C (2004) 4772/F of 14 December 2004)
19.6.2005
News

Referral for a Preliminary Ruling of the European Court of Justice from an Arbitration Court

The judgment of the European Court of Justice in Denuit and Cordenier (C-125/04) of 27 January 2005
19.6.2005
News

Refusal by the European Commission to Pursue a Claim against Competitors

The judgment of the European Court of Justice in European Commission v. max.mobil Telekommunikation Service (C-141/02 P) of 22 February 2005
19.6.2005
News

Claims for Damages against the Community in External Trade Cases

The judgment of the Court of First Instance in Chiquita Brands and Others v. European Commission (T-19/01) of 3 February 2005
19.6.2005
News

Competition Law – new standards in the assessment of conglomerate merges

Judgment of the European Court of Justice in Tetra Laval BV v. European Commission (Case C-12/03 P) of 15 February 2005
19.6.2005
News

Competition – FIFA regulations on occupation of football players’ agents

Judgment of the Court of First Instance in Laurent Piau v. European Commission (Case T-194/02) of 26 January 2005
19.6.2005
News

Proposal for Regulation on Visa Information System

Proposal for Regulation of the European Parliament and of the Council concerning the Visa Information System (VIS) and the exchange of data between Member States on short stay-visas This regulation will enter into force from on the twentieth day following that of its publication in the Official Journal of the European Union. Official Journal of the European Union, C 052 of 2 March 2005.
19.6.2005
News

European Court of Justice Decisions on the Pricing and Reimbursement of Medicine

Judgments of the European Court of Justice in Merk, Sharp & Dohme BV v. Etat Belge (C-245/03) and Glaxosmithkline SA v. Etat Belge (C-296/03) of 20 January 2005
19.6.2005
News

Ongoing Developments in the Area of Borderline Products

Directive of the European Parliament No. 2004/27EC of 31 March 2004 amending Directive 2001/83/EC on the Community code relating to medicinal products for human use (OJ EU [2004], L 136, p. 34)
1.3.2005
News

Personnel changes at the Brussels branch

26.2.2005
News

State aid regarding construction of infrastructure available to public

Judgment of the Court of First Instance in Valmont Nederland BV v Commission (T-274/01) of 16 September 2004 (Official Journal of the European Union C 244 of 1 October 2004)
26.2.2005
News

Trade marks – Absolute grounds for refusal to register

Judgement of the European Court of Justice in SAT.1 SatellitenFernsehen GmbH v Office for Harmonisation in the Internal Market (Trade Marks and Designs) (C-329/02) of 16 September 2004
26.2.2005
News

State aid – Investment aid

Judgment of the Court of First Instance in Kronofrance SA v Commission (T-27/02) of 1 December 2004
26.2.2005
News

Trade marks comprising a common surname

Judgement of the European Court of Justice in Nichols plc v Registrar of Trade Marks (C-404/02) of 16 September 2004
26.2.2005
News

Vat taxation of airlines

Judgment of the European Court of Justice in Cimber Air (C-382/02) of 16 September 2004
26.2.2005
News

Discrimination of migrating workers in area of social benefits

Judgment of the European Court of Justice in Merida (C-400/02) of 16 September 2004
26.2.2005
News

Restructuring and rescue aid guidelines

Communication from the Commission — Community guidelines on State aid for rescuing and restructuring firms in difficulty (Official Journal of the European Union C 244 of 1 October 2004)
26.2.2005
No items found.

Competition - Private enforcement of competition rules

Study on the conditions of claims for damages in case of infringement of EC competition rules
26.2.2005
News

Legal protection of sporting databases

Judgment of the European Court of Justice in The British Horseracing Board Ltd and Others v William Hill Organization Ltd (Cases C-203/02) of 9 November 2004
26.2.2005
News

Commission has no longer power to adopt a decision after proposed merger plan notified to it by unde

Decision 2000/790/EC of 28 June 2000 declaring a concentration incompatible with the common market and the EEA Agreement (Case COMP/M.1741 - MCI WorldCom/Sprint) annulled by the judgment of the Court of First Instance in Case T-310/00 of 28 September 2004
26.2.2005
News

Individual dividend taxation in context of free movement of capital

Judgment of the European Court of Justice in Manninen (C-319/02) of 7 September 2004
26.2.2005
News

Competition – Anti-doping legislation

Judgment of the Court of First Instance in David Meca-Medina and Igor Majcen v European Commission (T-313/02) of 30 September 2004
31.1.2005
News

Expansion of our German Desk

23.11.2004
News

Labelling of foodstuffs

Judgment of the Court of Justice in Douwe Egberts (C-239/02) of 15 July 2004
23.11.2004
News

Compensation to crime victims

Council Directive no. 2004/80/EC relating to compensation to crime victims Official Journal of the EU L 261 of 6 August 2004
23.11.2004
News

Free movement of goods - Biocides

Judgment of the Court of Justice in Nicolas Schreiber (C-443/02) of 15 July 2004
23.11.2004
News

Judicial Cooperation – European Enforcement Order

Regulation no. 805/2004 of the European Parliament and of the Council creating a European Enforcement order for uncontested claims Official Journal of the EU L 143 of 30 April 2004
23.11.2004
No items found.

Obligation of Loyalty

Judgement of the Court of Justice in Commission v. Italy (C-82/03) of 13 July 2004
23.11.2004
News

Restriction on alcohol advertising in broadcasts of sport events

Judgement of the Court of Justice in Commission v. France (C-262/02) of 13 July 2004
23.11.2004
News

State Aid – Financing of Promotional Activities by Trade Chambers

Judgment of the Court of Justice in Pearle and Others (C-345/02) of 15 July 2004
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