News
KŠB Attorney Vlastimil Pihera To Give Lecture At Trusts Symposium16/10/14 / News
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. More
Delta Pekárny, part of the United Bakeries group in the Czech Republic, Scores Important Victory before the ECHR03/10/14 / News
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. More
New Issue of X Lege30/09/14 / News
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. More
Annual Charity Concert of Good Will for Olga Havel Foundation. Once Again with Amazing Musicians24/09/14 / News
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. More
KŠB To Hold Seminars at the 2014 International Engineering Fair22/09/14 / News
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. More
KŠB Contributes to New Commentary on the Corporations Act18/09/14 / News
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. More
Success for KŠB Client: VGP Group Completes Giant Property Deal11/09/14 / News
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. More
Supreme Administrative Court rules in favour of KŠB client in important decision02/09/14 / News
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. More
KŠB’s Team of Tax Advisors Awarded Again11/08/14 / News
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. More
KŠB Succeeds in Proceedings before the Supreme Administrative Court04/08/14 / News
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. More
Tax Aspects of Profit Share Advances28/07/14 / cata_x-lege
The Corporations Act has brought a lot of positive changes since January. Members of corporations certainly welcome the option to pay profit share advances on the basis of interim financial statements, provided the corporation clearly has enough to pay them and other legal conditions are fulfilled. More
Are Internet Links Lawful?28/07/14 / cata_x-lege
Hyperlinks are common. But are they lawful if they link to copyrighted documents? The European Court of Justice issued a decision on Internet links for the first time this past February. More
Transparent to the Bone28/07/14 / cata_x-lege
In March, the European Parliament passed in the first reading an amendment to the original draft AML Directive, which requires Member States to establish registers of legal entities and trust structures in which the end owners and beneficiaries will be listed. The information is to be available to the public. This means that not only major (at least 25%) shareholders but also beneficiaries of private foundations, trusts and similar structures will be disclosed. KŠB lawyer Vlastimil Pihera comments on the draft as follows: More
Firms Start Using Options Available Under the Recodification28/07/14 / cata_x-lege
Despite a certain cautiousness, according to professor Jan Dědič, a KŠB partner and co-author of the legislation, one can see growing interest in the new legal institutes that are supposed to simplify the lives of firms and their managers. More
Community Law News28/07/14 / cata_x-lege
The mandates of some former European MPs have stimulated legislative endeavours by Community authorities. Long sought-after rules for public contracts and concessions, and audits of financial statements, were finalized and adopted in the first months of 2014. More
Emission Allowances: Like a Boomerang28/07/14 / cata_x-lege
From 2008 to 2012, emission allowances were allocated to electricity producers in the amount determined by the National Allocation Plan. But this originally trouble-free matter may become expensive for the state. More
Experience with Regional Airports in Europe28/07/14 / cata_x-lege
This past spring, KŠB partner Jiří Horník took part in an international air transport conference in Bucharest. The topic of his discussion, which you can read more about at www.patria.cz/pravo, concerned the operations of regional airports, which often have to fight for their own survival. Many regional airports rely on state aid, which has become harder to obtain following the introduction of stricter rules. In practice, many airports could wind up in trouble. More
Supreme Administrative Court: No Penalty in the Lázně Kyselka Case25/07/14 / News
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. More
Unique Legal Arrangement for J&T Bank’s Perpetual Bonds22/07/14 / News
KŠB advised J&T Banka on issuing bonds that offer investors a fixed yield with no maturity date. More
KŠB advises LEO Express09/07/14 / News
KŠB advises LEO Express in litigation against České dráhy, a.s. concerning compensation for damage More