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19.4.2018
News

KŠB Ranks Once Again In The Prestigious Legal 500

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

KŠB in 2018 Chambers Europe

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

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

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

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

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

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

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

KSB Advises on Investment in Car-Sharing App

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

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

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

Martin Šolc zařazen rankingovou společností Legal500 do síně slávy

14.2.2018
News
Publications

Partner kanceláře Martin Šolc pro The Times

13.2.2018
News
Intellectual property

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

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

Contract Competition Marks Its Sixth Year

ELSA, the largest independent association of law students in the world, recently organized the sixth annual Contract Competition in cooperation with KSB. 
25.1.2018
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
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
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
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
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
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
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
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
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
News
Pro bono

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

26.9.2017
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
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
News

Jan Šovar novým advokátem KŠB

21.6.2017
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
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
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
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
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
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. 
6.6.2017
News

Martin Šolc Receives “Market Maker” Award for His Contribution to the Czech Legal Market

Martin Šolc was the winner of the Market Maker award for the Czech Republic at the 2017 General Counsel Summit in Warsaw for his significant contribution to the Czech legal market. In addition to receiving this first-ever award from CEE Legal Matters, Martin - a founding partner of Kocián Šolc Balaštík (KŠB) - is also the first representative from Central and Eastern Europe to lead the International Bar Association (IBA), the largest worldwide organization of lawyers.
2.6.2017
News
Disputes

KŠB Wins Civil Lawsuit regarding Power Generation Unit Delivery Contract

KŠB represented the contractor of a North Bohemian powerplant in a dispute with the customer over payment of the contractor’s fee. The dispute also involved the customer’s claim for a contractual fine and fee under an alleged contract for work and executive personnel. KŠB won the dispute and defended the client against the other party’s claims both before the first instance regional court and the high appellate court. 
13.4.2017
News

KŠB Named Law Firm of the Year for a Fourth Time

Kocián Šolc Balaštík (KŠB) was named Law Firm of the Year in the Czech Republic for a fourth time by renowned British legal rating agency Chambers & Partners in London last Friday. 
6.4.2017
News
Employment law

ÚČAST KŠB NA ELA KONFERENCI V LUCEMBURKU

5.4.2017
News

Dematerializované cenné papíry mají novou mezinárodní úmluvu

16.3.2017
News

Kocián Šolc Balaštík Strengthens Its German Desk

Two attorneys and one junior lawyer join the ranks at Kocián Šolc Balaštík (KŠB) today: German lawyer Rainer Frank as a counsel, Pavla Veselková as an associate, and Petra Dosoudilová as a junior lawyer. 
20.2.2017
News

KŠB once again nominated as Law Firm of the Year in Chambers Europe Awards 2017

KŠB has been once again 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.
10.2.2017
News
Disputes

Success in legal proceedings for compensation for the excessive length of administrative proceedings

KSB has achieved a significant success in the management of non-pecuniary damages for the excessive length of proceedings on granting a license to do business in waste management, which was respectively decided by the Ministry and Environment Minister, administrative courts and (repeatedly) administrative bodies.
10.2.2017
News
Financial services
Capital markets

Legal services for MS Invest in bond issue

Law firm KSB providing assistance to the real estate development company Moravian construction - INVEST in a recent issue of discounted bonds.
9.2.2017
News
M&A

Legal services in the sale of Green Gas International

KSB has provided legal services to the CERCL Green group in connection with the sale of Green Gas International, a major European operator of clean energy projects that focuses on converting harmful methane emissions produced during the extraction of mining and landfill gas to energy benefit. 
30.1.2017
News

IBA's press release regarding the presidency of Martin Šolc

The International Bar Association (IBA) has issued a press release regarding the presidency of Martin Šolc. The press release is available here: IBA press release
13.1.2017
News

Sylvie Sobolová and Christian Blatchford Join the Ranks of Kocián Šolc Balaštík Partners

Sylvie Sobolová and Christian Blatchford were newly appointed partners at Kocián Šolc Balaštík (KŠB) effective 1 January 2017. Sylvie and Christian have been with KŠB many years and their appointment expresses KŠB’s appreciation of the many contributions they have made to the firm. In addition, associates Jan Lasák, Vlastimil Pihera and Tomáš Sequens were appointed counsels.
16.12.2016
News

Another year of successful competition Contract Competition already has its winners

For the fifth year in a row, the Contract Competition, an annual contest for law students, organized by the law firm KSB has taken place. The competition again attracted talented students, who for a brief interval were transported from lecture halls to a hypothetical business environment, in order to have a chance to demonstrate their knowledge in practical situations. The best were competing head to head in the final round, which was held in early December at the Faculty of Law of Charles University.
16.12.2016
News
Capital markets

Legal advice in connection with the issuance of so-called discounted certificates for the new Rustonka real estate project

KSB assisted during the emission of discounted certificates in the value of approximately CZK 1.4 billion. The issuer of the certificates is a Cypriot company GRAMEXO PLC., which is the 100% owner of the company Rustonka Development s.r.o. Rustonka is a company established for the construction of a complex of several office buildings with a total area of approximately 37,000 square meters on land formerly occupied by the Rustonka factory in Prague-Karlin.
14.12.2016
News
Pro bono

Thank You for Supporting This Year’s Charity Concert

We would like to express our sincere gratitude to all of our clients, business partners and friends who attended and supported the 22nd Annual Charity Concert of Goodwill on Sunday, 4 December 2016 at Bethlehem Chapel in Prague to raise money for the Olga Havel Foundation. The contributions raised this year will be used for individual projects chosen by the donors themselves. 
14.11.2016
News
Publications

Martin Šolc for Lidové noviny

In his column in Lidové noviny, KŠB Partner Martin Šolc ponders why some voices interpreting the new private law continue to emphasize that some things are just not possible.
25.10.2016
News

KSB participates as conference partner in Cashless Society conference and the Startup Summit

KSB has participated as a conference partner in two major autumn conferences.
14.10.2016
News
M&A
Real estate and construction

Legal Advice on Sale of Centro-Ostrava Shopping Park

KŠB advised Emerging Europe Properties Fund on the share-sale of WOTEG GWG-Group, owner of the Centro-Ostrava shopping park located approximately 6 from the capital of the Moravia-Silesia Region.
12.10.2016
News
Pro bono

Invitation to the 22nd annual Charity Concert of Good Will organised by Kocián Šolc Balaštík to help support the Goodwill Committee - Olga Havel Foundation.

KŠB would like to cordially invite you to this year’s Concert of Good Will to support one of the most respected foundations in the Czech Republic. The concert promises an outstanding musical experience even on the sad 20th anniversary of founder and former First Lady Olga Havlová’s passing.
6.10.2016
News

Czech Supreme Court Makes Important Decision in a Labour-Law Case Counselled by KŠB

KŠB Partner Pavel Dejl and his colleagues won an invalid immediate employment termination case for a major agricultural client before the Czech Supreme Court. 
21.9.2016
News

Martin Šolc, the first Central European to be elected President of the International Bar Association

Martin Šolc, the founding partner of leading Czech law firm Kocián Šolc Balaštík (KSB), has achieved unprecedented success in the field of global advocacy. In Washington, he has been elected President of the International Bar Association (IBA), and with effect from 1 January 2017 will be the first ever representative of the countries of Central and Eastern Europe, to stand at the forefront of the world's largest organization of lawyers.
14.9.2016
News
Environmental Law
Disputes

Succesful representation of the company Carthamus in proceedings against the State Energy Inspectorate

Law firm KSB successfully represented the company  Carthamus, its long term client, an operator of energy sources working on the basis of biofuel burning, in administrative proceedings initiated by the State Energy Inspectorate  (SEI) concerning an alleged breach of the act on supported energy sources, which was alleged to comprise incorrect declarations of the origin and type of burnt biomass fuel.
7.9.2016
News
Energy
Financial services

Legal advice in connection with construction of a hydro power plant in Turkey

KŠB provided its client, the major energy company ENERGO-PRO, with comprehensive legal advice concerning the financing of the construction of a hydro power plant in Karakurt, Turkey.
23.8.2016
News
Aviation and aerospace

KSB advising major airlines

KSB has provided legal advice to airlines Air Canada and China Eastern Airlines in connection with their entry into the Czech aviation market.
18.7.2016
News

Legal Advice to Lumitrix

KŠB advised Lumitrix, a video mapping software and hardware start-up developer and producer, on a joint-venture with Y Soft Ventures. 
8.7.2016
News
Aviation and aerospace

KŠB Becomes New Member of L2bAviation

L2bAviation is an international network of lawyers spread over all continents who advise on aviation law. Chambers Global rate the network as the best in aviation law.
23.6.2016
News
Disputes
Tax

Success for KSB in the proceedings before the European Court of Justice

KSB has been representing Czech Radio in a long running dispute of many years with the Board of the Financial Directorate on the issue of the right to deduct VAT. An important point of contention was whether license fees are in fact a payment for public service broadcasting. Now KSB has achieved another success in the case. The European Court of Justice (ECJ), on the initiative of the Supreme Administrative Court, expressed the view in its decision that license fees are not deemed to be consideration paid for public broadcasting, and therefore fall outside the scope of the directive on VAT.
2.6.2016
News
Financial services

KSB helps create the first Czech crowdfunding equity platform

In recent days, Fundlift, the first domestic platform focused on equity crowdfunding has launched its operations. It is a joint venture of the financial group Roklen and the investment group Rockaway.
31.5.2016
News
Disputes

Successful representation of Agrofert

KSB has been representing Agrofert since 2011 in an ongoing dispute against a Luxembourg company European United Bakeries (EUB).  The Municipal Court in Prague has now delivered a first instance decision in favour of Agrofert.
4.4.2016
News

Jiří Horník and Petr Koblovský Headed to the NYSBA International Section’s Spring Meeting in Krakow

The NYSBA event will take place on 7 – 9 April 2016 and focus on international arbitration/litigation, cross-border contracts, cross-border personal data transfers in the light of the Schrems case, FATCA (Foreign Account Tax Compliance Act), and legal issues surrounding the restitution of property to the victims of communism.
15.3.2016
News

KŠB hledá nového kolegu na pozici advokátního koncipienta

15.3.2016
News

KŠB hledá nového kolegu na pozici asistenta daňového poradce

4.3.2016
News

KŠB once again nominated for Chambers Europe Award

KŠB has been once again nominated for a Chambers Europe Award for Excellence, 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.
25.2.2016
News
Pro bono

KSB is a proud partner of the Foundation Leontinka

Law firm KSB supported this year's 10th annual benefit project for Leontinka Golf, which is designed to help visually impaired children and students. The Foundation's mission is to facilitate the integration of these children into society, to help them get an education and to enable participation in mainstream social, sporting and leisure activities.
18.2.2016
News
Competition

The Constitutional Court has agreed with the arguments of KSB in the continuation of the DELTA PEKÁRNY case

The Czech Constitutional Court issued a decision on the inspection of the office space of DELTA Bakery, by the staff of the Office for Protection of Competition (UOHS). It agreed with the decision of the European Court of Human Rights (ECHR), which assessed the case in the autumn of 2014 and which concluded that the aforementioned unannounced inspection (ie.-Dawn raid) by the Office without effective judicial control was illegal.
17.2.2016
News
M&A

Advice to Karlovarské minerální vody on Acquisition of Selecta Companies

KŠB provided full legal advice to Karlovarské minerální vody (KMV) on its acquisition of Selecta companies operating in the Czech Republic, Slovakia and Hungary.
15.2.2016
News
Aviation and aerospace

Jiří Horník to Speak at IATA Legal Conference

KŠB Partner Jiří Horník will take part at the IATA’s (International Air Transport Association) 2016 Legal Symposium to be held in Barcelona on 17 through 19 February.
10.2.2016
News
M&A

KŠB Advised North Bohemia Medical Holding on the Sale of a 100% Stake in Louny Hospital

A team of KŠB attorneys advised North Bohemia Medical Holding in selling its 100% shareholding in Louny hospital to Agel, a member of the Agel group. 
3.2.2016
News
Corporate law

KŠB Advises on CETIN Squeeze-Out

KŠB has advised on the squeeze-out of minority shareholders from Česká telekomunikační infrastruktura (CETIN) which the company’s board decided on in December 2015 and which took place in January 2016.
22.1.2016
News
Disputes
Energy

KŠB Energy Client Wins Administrative Proceedings

KŠB advised and successfully represented the company in administrative proceedings in which the imposition of the donation tax regarding allocation of emission allowances in 2011 – 2012 was challenged.
21.1.2016
News
Energy
Disputes

KŠB Energy Client Alpiq Generation (CZ) Wins Administrative Proceedings

KŠB advised and successfully represented Alpiq Generation (CZ) (“AG CZ”), the operator of power plants in Kladno and Zlín, in administrative proceedings in which the imposition of the donation tax regarding allocation of emission allowances in 2011 – 2012 was challenged.
13.1.2016
News
Corporate law

O2 Czech Republic Spin-Off Shortlisted for TMT Finance World Award 2015

The spin-off of O2 Czech Republic, which took place last June and in which KŠB played a role, was shortlisted for the TMT Finance World Award 2015, which proves that IT, technology and media experts who were in charge of the shortlist appreciated the complexity, extent and special nature of the unique deal.
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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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