KSB News  

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.

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

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.

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. 

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.

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.

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.

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. 

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.

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 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.