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6.6.2017
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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
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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
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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
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News
Employment law

ÚČAST KŠB NA ELA KONFERENCI V LUCEMBURKU

5.4.2017
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News

Dematerializované cenné papíry mají novou mezinárodní úmluvu

16.3.2017
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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News

KŠB hledá nového kolegu na pozici advokátního koncipienta

15.3.2016
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News

KŠB hledá nového kolegu na pozici asistenta daňového poradce

4.3.2016
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
11.1.2016
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News
Corporate law

KŠB Advised Tiger Global Management on the Sale of a Minority Stake in Seznam.cz

KŠB advised New York-based Tiger Global Management group on a minority stake transfer deal in which the target company Seznam.cz, a leading Czech online player, acquired shares in itself from Tiger Holding Four and Mirua International.
8.1.2016
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News
Capital markets

KŠB advised J&T BANK on issuing CZK and EUR perpetual bonds

KŠB advised one of the leading Czech private banks on two issues of subordinated unsecured perpetual bonds, one in Czech crowns and the other in euros. The bonds were accepted for trading on the Prague Stock Exchange. 
5.1.2016
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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.
5.1.2016
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News

KŠB Partner Dagmar Dubecká to Speak at the IBA’s M&A Conference in Paris

The fourth annual IBA European Corporate and Private M&A Conference, at which Dagmar Dubecká is to speak, will be held on 11 – 12 February 2016 in Paris.
5.1.2016
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News
Publications

KŠB Contributes to the European Privacy Publication

The Employment Law Alliance has issued a summary of European privacy laws which is designed primarily as a handbook for global employers.
18.12.2015
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News

KSB advised Dioscorides Global Holdings, LLC

KSB advised Dioscorides Global Holdings, LLC (DGH) in negotiating, concluding and implementing an Investment Agreement regarding a joint-venture investment into Konomed s.r.o. The commercial purpose of the investment was to finance and commercially participate in a project involving the founding of the International Cannabis and Cannabinoid Institute in Prague.
15.12.2015
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News
Pro bono

Photos from the Charity Concert of Good Will Now Online

We would like to invite you to view some pictures taken during the Charity Concert of Good Will – Olga Havel Foundation, which was well received and greatly enjoyed at the concert hall in the Church of St. Simon and St. Jude in Prague’s Old Town on Sunday, 29 November 2015.
9.12.2015
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News

KŠB Supports 4th Annual Student Contract Competition

KŠB and law student association ELSA recently held the 4th Annual Contract Competition for law school students. Delivery agreements were the topic of this year’s contest.
8.10.2015
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News

KŠB to Be Partner of Payment Card Innovation Conference

This year’s conference, once again held by publisher Economia, will focus on changes, threats and opportunities, which new cashless payment innovations may have for financial institutions, the transport and business sector, and state and regional government.
5.10.2015
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News
Publications

KŠB Lawyers Help Draft New Commentary on Special Court Proceedings Act

The new Commentary includes chapters written by KŠB partner Pavel Dejl and senior associate Radka Felgrová on proceedings involving legal entities and trusts and certain special types of proceedings (involving capital markets and the ban on exercising the rights attached to beneficial securities).
15.9.2015
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News
Disputes
Environmental Law

Penalty Rescinded for KŠB Client

KŠB helped a client win a lawsuit against the Czech Environmental Inspectorate, which had imposed a penalty on the client, an electric device manufacturer, for failure to abide by the Electric Waste Act. The penalty, which the Ministry of Environment confirmed, was rescinded by the Municipal Court in Prague due to being unlawful. 
14.9.2015
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News
Pro bono

Annual Charity Concert of Good Will for the Olga Havel Foundation. This Year With Talented Young Musicians

You can help KŠB support one of the most respected charities in the Czech Republic by joining us to experience the artistic potential of the next generation of Czech opera singers and conductors at the 21st Annual Charity Concert of Good Will, which will take place at the Church of St. Simon and St. Jude in Prague’s Old Town on Sunday, 29 November 2015 at 19:00.
8.9.2015
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News

KSB partner Jiří Horník will address Economic Forum in Krynica

Jiří Horník, KSB partner and aviation law specialist, will participate in a panel discussion themed “Airport 2015 – How to make airports a successful business venture?” at the prestigious economic meeting in the Polish town Krynica Zdrój. 
8.9.2015
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News

KSB partner Jiří Horník will address Economic Forum in Krynica

Jiří Horník, KSB partner and aviation law specialist, will participate in a panel discussion themed “Airport 2015 – How to make airports a successful business venture?” at the prestigious economic meeting in the Polish town Krynica Zdrój. 
27.8.2015
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News
Real estate and construction

Law firm Kocian Solc Balastik advises on the sale of RPG Byty

KSB attorneys advise client on unique real estate transaction. 
29.7.2015
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News
Publications

New legal book by KŠB lawyers

Wolters Kluwer has just published a new comprehensive summary of the most important case-law rulings related to business corporations which apply following the re-enactment of Czech private law. The book was authored by a team of KŠB lawyers led by professor Jan Dědič, a company law specialist.
23.7.2015
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News

PŘIPRAVOVANÉ NEBO PROJEDNÁVANÉ ZÁKONY

23.7.2015
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News

PŘIJATÉ ZÁKONY A ZMĚNY PRÁVNÍCH PŘEDPISŮ

23.7.2015
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News

INFORMACE Z FINANČNÍ SPRÁVY

10.6.2015
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News
Publications

Křest nového komentáře k zákonu o investičních společnostech a investičních fondech

10.6.2015
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Křest nového komentáře k zákonu o investičních společnostech a investičních fondech

2.6.2015
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1.6.2015
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News
Corporate law

Unique Spin-Off Advice to O2 Czech Republic

KŠB has advised O2 Czech Republic a.s. (“O2”) on a spin-off which involved full-scale cooperation with O2 from the initial analysis of relevant legal aspects, drafting the spin-off plan and associated documentation, preparing and convening the general meeting to subsequent steps including registration in the Companies Register.
25.5.2015
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News

INSTRUCTIONS FOR DEFERRING TAX PAYMENTS

25.5.2015
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News

PROTOCOL TO THE DOUBLE TAX TREATY BETWEEN THE CZECH REPUBLIC AND BELGIUM

25.5.2015
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News

TAX CASE LAW (GUIDING DECISIONS)

E-Book VAT Dispute; Supplier’s Financial Condition to Be Considered; Insufficiently Documented Difference between Standard Prices and Transfer Price for Tax Purposes; Employment-Related Financial Benefits
25.5.2015
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News

ELECTRONIC SALES REGISTER

25.5.2015
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News

HOW TO PAY VAT AT THE MINI ONE STOP SHOP (MOSS)

25.5.2015
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News

REAL PROPERTY TAX

25.5.2015
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News

TAX DEDUCTIBUILITY OF EMPLOYER CONTRIBUTIONS

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Aviation and aerospace
Capital markets
Competition
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Disputes
Employment law
Energy
Environmental Law
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Insolvency and reorganisation
Intellectual property
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M&A
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Private wealth, tusts, foundations
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1.11.2007
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News

KSB acts for Gordon Ramsay Prague Limited on the opening of the MAZE Prague

Kocián Šolc Balaštík advised Gordon Ramsay in connection with the opening of a new MAZE restaurant at the Hilton Prague Old Town (formerly Renaissance Hotel Prague). KSB's advice covered corporate and commercial, real property and labour law matters.
9.10.2007
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News

KSB mixed volleyball team wins silver medal at 10th Czech Bar games

Kocián Šolc Balaštík (KSB) fought off most of the mixed volleyball competition at Nymburk (5-7 October 2007) at the 10th Bar Games to come second.
8.10.2007
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News
M&A

KSB advises participants in KSK BONO and Bono Servis on disposal of their interests

Kocián Šolc Balaštík acted for participants in KSK BONO and Bono Servis on the sale of their 100% interests to MISPOL S.A., a Polish company listed on the Warsaw stock exchange and a market leader in the manufacture and distribution of canned meat, spreads, ready meals and animal feeds. The value of the transaction, also involving interests in other members of KSK BONO Holding in Poland and Slovakia, was 10 million EUR.
18.9.2007
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News
M&A

KSB assists Saudi Basic Industries Corporation (acquisition of GE Plastics)

Kocián Šolc Balaštík advised <a href="http://www.sabic.com/" title="Saudi Basic Industries Corporation" >Saudi Basic Industries Corporation (SABIC) on the Czech involvement in the world-wide acquisition of the plastics division from General Electric. The acquisition was completed on 31&nbsp;August 2007. The deal is worth more than 11 billion USD.
21.8.2007
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News
Competition

Heineken expands to include Krušovice brewery

Kocián Šolc Balaštík (KŠB) law office represented Brau Union AG, a member of the multinational Heineken Brewery Group, before the Czech Anti-trust Office on an application for approval of the acquisition of Královský pivovar Krušovice. KŠB's wide-ranging services were instrumental in securing unconditional approval for the merger, granted by the Office on 3&nbsp;August 2007. With the acquisition of Krušovice brewery, the Heineken Group has a major player on the market for beer production and distribution in the Czech Republic.
8.8.2007
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Publications

Getting the Deal Through – Gas Regulation 2007

Václav Rovenský and Tomáš Sequens prepared the article on legal regulations and rules for the Czech gas market business. The contribution is part of the publication Getting the Deal Through – Gas Regulation 2007, issued by the London based analytical company Law Business Research. The publication summarizes national gas markets in 36 world-wide jurisdictions. The chapter covering the Czech gas industry was included in the publication for the first time since 2003, when the publication started. The contribution can be downloaded from here.
8.8.2007
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Publications

Freeman’s Guide to European Property 2007

Helena Navrátilová contributed to the publication Freeman’s Guide to European Property 2007 with an article focusing on tax issues in the field of real estate in the Czech Republic. The publication analyses the details of the property market in more than thirty European countries. The contribution can be downloaded from here.
26.7.2007
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News

Czech Constitutional Court cancels decisions of Supreme Administrative Court and Antimonopoly Office against Telefónica O2 Czech Republic for alleged abuse of a dominant position

Law firm Kocián Šolc Balaštík (KŠB) successfully represented Eurotel Praha (currently Telefónica O2 Czech Republic) before the Constitutional Court of the Czech Republic against the Supreme Administrative Court’s decision in favour of the Antimonopoly Office for alleged abuse of a dominant position.
16.7.2007
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News
M&A

KŠB represents FONTERON HOLDINGS LIMITED in sale of majority interest in Heli Food Fresh

Law firm Kocián Šolc Balaštík represented FONTERON HOLDINGS LIMITED in sale of a majority block of shares in HELI FOOD FRESH a.s., a leader on the Czech ready-made meals market, and in establishment of a joint-venture between shareholders of this company. Bakkavor Group, a major UK provider of cooled precooked food, bought the shares and became partners with FONTERON HOLDINGS LIMITED in the joint-venture.
11.7.2007
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News

KŠB is exclusive legal partner of PPP seminar on regional representation of Czech Republic in Brussels

Law firm Kocián Šolc Balaštík was the exclusive legal partner for the seminar “Use of Extra-Budgetary Financing for Regional Projects” organised by regional offices of the Czech Republic in Brussels. The seminar took place on 6&nbsp;June 2007 on the premises of the Prague House as part of an extended meeting of the national delegation at the Regions&rsquo; Committee.
14.6.2007
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News
M&A

KŠB represents Heineken in acquisition of Krušovice Brewery

Law firm Kocián Šolc Balaštík provided full legal services to Heineken Group member Brau Union AG in its acquisition of a wholly-owned share in Královský pivovar Krušovice&nbsp;a.s., the biggest recent transaction on the Czech beer market.
30.5.2007
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News
M&A

KSB represents Glenmark Pharmaceuticals in acquisition of Medicamenta

Law firm Kocián Šolc Balaštík represented Indian pharmaceutical company Glenmark Pharmaceuticals Ltd. in concluding a deal via its Swiss subsidiary Glenmark Holding SA to acquire a majority shareholding in Medicamenta a.s., a company carrying out business activities in the production, sale and marketing of pharmaceutical products in the Czech Republic and Slovakia.
9.5.2007
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News

Kocián Šolc Balaštík once again named Czech Republic&rsquo;s Law&nbsp;Firm&nbsp;of&nbsp;the&nbsp;Year

Press release: Prague, 9 May 2007 Kocián Šolc Balaštík has been named Czech Republic&rsquo;s Law Firm of the Year 2007 in the Who&rsquo;s Who Legal Awards. This is the second consecutive time the firm has been recognised in this way, having won the inaugural award last year. In addition, Kocián Šolc Balaštík was the first independent national firm to ever win the award.
1.5.2007
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News

Commission's proposed "green crimes" Directive

1.5.2007
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News

New package of measures to facilitate free movement of goods in the internal market

1.5.2007
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News

Commission presents proposal for Third Postal Services Directive

1.5.2007
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News

Trans-European Transort Network Executive Agency (TEN-TEA) created

1.5.2007
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News

Directive on shareholders' voting rights adopted at first reading

1.5.2007
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News

International agreement to eliminate customs duties on approved pharmaceuticals

17.4.2007
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News

Professor Dědič – one of top five most influential Czech lawyers

Professor Jan Dědič, partner of Kocián Šolc Balaštík, is one of top five most influential lawyers in the Czech Republic, according a poll organised by Hospodářské noviny.
1.4.2007
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News

New Directive 77/388/EEC on system of value added tax

1.4.2007
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News

The Commission decides Spanish electricity and gas regulator's powers to be contrary to EC law

1.4.2007
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News

New Regulation No. 1924/2006 on nutrition and health claims made on foods

1.4.2007
•
News

Services Directive

1.4.2007
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News

European Court of Justice's decision in Danone case

1.4.2007
•
News

European order for payment

1.4.2007
•
News

Public works contracts

1.4.2007
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News

<em>De minimis</em> level for State aid to be raised

1.4.2007
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News

New Directive 2006/115/EC on rental right and lending right in field of intellectual property

1.4.2007
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News

New Directive 2006/116/EC on term of protection of copyright and certain related rights

1.4.2007
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News

New Regulation No. 1925/2006 on addition of vitamins, minerals and certain other substance to foods

1.4.2007
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News

New public consultation for simplification of Directive 76/768/EEC on cosmetics

1.4.2007
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News

The Commission's new initiatives in sector of air transport

1.4.2007
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News

New Energy Policy for EU

1.4.2007
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News

Fine on French telecom operator confirmed

22.1.2007
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News

Professor Dědič Wins 2006 Lawyer Of Year Award

A jury of professionals chose Kocián Šolc Balaštík (KSB) partner Professor <a href="./profil.php?id=2" title="Jan Dědič">Jan Dědič as 2006 Lawyer Of Year in commercial law from over 350 nominated lawyers competing in ten categories. KSB scored again in the second year of the competition organized by the Czech Bar Association and epravo.cz under the auspices of the Ministry of Justice. Last year KSB partner Jiří Balaštík won the 2005 Lawyer Of Year Award in real estate.
3.1.2007
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News

Kocián Šolc Balaštík becomes member of Association for Foreign Investment

Kocián Šolc Balaštík (KSB) became a member of the Association for Foreign Investment (AFI) as of January 2007. AFI represents a select group of entities with long-term experience of the Czech business environment and providing services in key areas for investment inflow and implementation thereof. AFI’s main focus is assisting foreign investment inflow to facilitate the entry of foreign investors on the Czech market, and the group cooperates with the government agency for business and investment support, CzechInvest.
2.1.2007
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News

New KSB Partners &ndash; Pavel Dejl and Václav Rovenský

The current six partners of Kocián Šolc Balaštík (KSB) elected Pavel Dejl and Václav Rovenský as new partners effective January&nbsp;1, 2007. Both attorneys have been with KSB for a long time and are respected lawyers in their field of expertise.
29.11.2006
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News

Non-contractual liability of member states for damage caused to individuals by infringements of comm

Decision by European Court of Justice in Case C-173/03 Traghetti del Mediterraneo SpA, in liquidation dated 13 June 2006.
29.11.2006
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News

Electronic communications and data retention

Directive 2006/24/EC of the European Parliament and of the Council of 15 March 2006 on the retention of data generated or processed in connection with the provision of publicly available electronic communications services or of public communications networks and amending Directive 2002/58/EC.
29.11.2006
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News

State aid

Judgment of the European Court of Justice in Case C-66/02 Italian Republic v Commission of the European Communities dated 15 December 2005[2].
29.11.2006
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News

Requirement of sufficient personal financial resources for residence permit

Judgment of the European Court of Justice in Case C-408/03, Commission of the European Communities v Kingdom of Belgium of 23 March 2006.
29.11.2006
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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
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News

EU commission confronts national governments on mergers

New use of Article 21 (4) of the Merger Regulation
29.11.2006
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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
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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
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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&nbsp;12, 2006.
1.9.2006
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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
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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.&nbsp;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
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News

Important amendments to Commercial Code and Accounting Act

On March&nbsp;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
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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
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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&nbsp;19,&nbsp;2005.)
22.8.2006
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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&nbsp;31,&nbsp;2005.)
22.8.2006
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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.&nbsp;189/2004,&nbsp;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
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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
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News

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

On March&nbsp;14,&nbsp;2006, Act No.&nbsp;107/2006,&nbsp;Coll., on Unilateral Increase of Apartment Rent and on Amendment to Act No.&nbsp;40/1964,&nbsp;Coll., the Civil Code, as amended (called the “Four Years Act”) was announced in the Collection of Laws becoming effective March&nbsp;31,&nbsp;2006. The regulation of increasing the rent is valid until December&nbsp;31,&nbsp;2010.
22.8.2006
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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
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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
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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
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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
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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
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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.&nbsp;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
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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&nbsp;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
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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&gt;
15.8.2006
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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
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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
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News

Ladislav Smejkal novým zástupcem KŠB v Bruselu

21.4.2006
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News

KŠB named Czech Republic&rsquo;s leading law firm in 2006 Who&rsquo;s Who Legal Awards

26.3.2006
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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
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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
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News

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

OJ [2005] C 293
26.3.2006
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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
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