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.

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. 

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.

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.

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

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.

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.

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.

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.

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).

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. 

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.

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. 

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. 

KSB attorneys advise client on unique real estate transaction. 

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.

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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.

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

Kocián Šolc Balaštík (KŠB) was named Law Firm of the Year in the Czech Republic for a third time in the Chambers Europe Awards for Excellence in Amsterdam on Friday.

The Regional Court in Ostrava denied an action filed by a former employee of KŠB’s client concerning performance under a non-competition clause in the amount of several million Czech crowns. The court agreed with KŠB’s argument that the principle of special protection for employees must be relativized and concluded that, when assessing responsibility for the fate of labour negotiations, it is always necessary to take all circumstances into account.

The High Court in Prague has ruled that a representative of Asociace sdružení pro ochranu a rozvoj kulturního dědictví v ČR (Czech Landmark Association – Association) must issue an apology to Karlovarské minerální vody (KMV) CEO Allesandro Pasquale for statements made in relation to the Kyselka spa resort in Western Bohemia.

The Supreme Administrative Court, which decided the case as the court of last resort, agreed with the key points of KŠB’s argumentation.

Karlovarské minerální vody (KMV) successfully signed the contract for the acquisition of the Hungarian bottled water number one Kékkúti Ásványvíz, which up to now belonged to Nestlé Waters. The negotiations on the sale of the Hungarian division of Nestlé Waters bottled water took more than one year.

Kocián Šolc Balaštík (KŠB) has been awarded the European Competition Case of the Year award in The Lawyer European Awards 2015 for its victory before the European Courts for Human Rights.

Despite stricter rules this year, KŠB was once again nominated for one of the most prestigious awards in the world of legal ratings, the Chambers Europe Award, which is given by British ratings agency Chambers and Partners.

KŠB has been nominated for an award by respected British legal magazine “The Lawyer” for successfully representing Delta Pekárny, a.s. before the European Courts for Human Rights in a dawn-raid case.

KŠB is one of the five law firms nominated for the prestigious Law Firm of the Year in Central Europe award given by renowned British legal magazine “The Lawyer”.

The BMM Group, which manages Zdeněk and Michaela Bakalas’s Czech assets, agreed with the other shareholders at the end of the year to sell a majority stake in AWT to PKP Cargo, the largest Polish railway cargo carrier. The deal is expected to be completed in the first half of 2015 following regulator approval. KŠB advised the seller.

Kocián Šolc Balaštík (KŠB) has announced the appointment of four new counsels effective 1 January 2015. The promotion of three attorneys and one tax advisor, all of whom have worked for KŠB for several years, is an acknowledgement of the outstanding work they have done and continue to do for KŠB.

In cooperation with KŠB, law student association ELSA held its 3rd annual Contract Competition for law school students. Shareholder agreements were the topic of this year’s contest.

Peers describe KŠB partner Martin Šolc as the most respected lawyer in the Czech Republic in an opinion poll held by Motejlek.com.

KŠB Managing Partner Dagmar Dubecká ranked 24th in this year’s TOP 25 Women of Czech Business poll, which was held for the tenth time by publishing house Economia.

KŠB managing partner Dagmar Dubecká took part in the “Women Welcome on Board” conference held by publishing house Economia and the Business for Community association. In one of four panel discussions, Dagmar, together with other ladies ranked in the TOP 25 Women in Czech Business, discussed gender diversity in top management.

As of 1 December 2015, KŠB’s Karlovy Vary branch is in a new location: Závodní 391/96C, 36006 Karlovy Vary

On 7 November 2014 at the Prague Marriott Hotel, a formal discussion was held on energy security in the Czech Republic. During the panel discussion, KŠB energy law specialist Tomáš Sequens looked at the stability of Czech energy regulations and the expectations of energy market players.

Ekonom Weekly (its special “Stories of Success”) and Lidové noviny daily featured interviews with and a profile of KŠB partner Martin Šolc and KŠB counsel Jan Lasák respectively.

The new Civil Code as viewed by lawyers, judges, members of academia and corporate representatives will be the main topic of the New Private Law conference. KŠB Institute – KŠB’s education subsidiary – will lend support to the event as a conference partner.

Martin Šolc, one of the founding partners of leading Czech law firm Kocián Šolc Balaštík (KŠB), achieves major international success in Tokyo today by being elected Vice President of the International Bar Association.

The Centre for Comparative Law at the Law Faculty of Charles University in Prague will hold a symposium on trusts, a re-established asset management tool which, thanks to the new Civil Code, has been re-introduced to Czech law after a very long hiatus. The symposium will take place on 7 November at the Law Faculty of Charles University in Prague.

The European Court for Human Rights (ECHR) rules Czech Competition Authority’s dawn raid unlawful. The significance of the ruling stretches beyond Czech borders as it can be applied in other Member States as well.

In this issue of X Lege, you can learn about emission allowances, European regional airports and how companies are using the new options offered by the recodification.

The 20th Annual Charity Concert of Good Will is organised by Kocián Šolc Balaštík to help support one of the most respected charitable foundations in the Czech Republic.

In collaboration with the German-Czech Trade and Industrial Chamber (DTIHK), KŠB will hold two legal seminars during the International Engineering Fair in Brno at the end of September-beginning of October.

The brand new commentary on the Corporations Act should make life easier for all business corporations and their representatives. The team of authors was led by KŠB senior associate Jan Lasák, with senior associate Martin Kubík and legal assistant Josef Kříž also contributing.

Leading developer VGP recently announced the completion of one of the biggest real-estate transactions in Europe in the last decade. KŠB has advised VGP Group since 2005 and helped build the large property portfolio that was sold.

KŠB successfully represented its client in litigation with the Municipal Office of the City of Prague (the “Municipal Office”) regarding a land lease tender announced by the Municipal Office. After the Municipal Office chose another bidder, the client requested the Municipal Office to make available the bids submitted by other bidders based on its right of access to information.

KŠB’s team of tax advisors led by Helena Navrátilová was named one of the leading tax practices in the Czech Republic by World Tax 2014, a tax guide published by rating agency International Tax Review.

KŠB successfully advised and represented the Radio and Television Broadcasting Council (RTBC) before an extended chamber of the Supreme Administrative Court. The important decision concerned the criteria by which a notice from the RTBC can constitute lawful grounds for imposing a penalty.

KŠB represented Karlovarské minerální vody, a.s. in a successful lawsuit to cancel a penalty imposed on KMV by the State Preservation and Landmark Authority for an alleged administrative offence. The authorities alleged that KMV failed to look after, maintain and protect historic buildings in the municipality of Kyselka.