Kocian Solc Balastik, working with ODI Law, has advised Energo-Pro Group on the sale of Litostroj Group to Wikov Industry.

A&O Shearman has advised sole global coordinator, settlement agent, and joint bookrunner Wood & Company Financial Services and joint bookrunner Erste Group Bank on the placement of newly issued shares of Colt CZ Group SE through an accelerated book-building process targeted at selected investors. Havel & Partners advised Colt.

A creditor has forgiven part of a debtor's debt on the condition that the debtor will make every effort to avoid insolvency and repay at least the remaining, unforgiven part. However, the creditor also set a resolutive condition: if the debtor were to become insolvent (i.e. the court declared it bankrupt), the debt forgiveness agreement was to be void from the outset and the debtor would be obliged to repay the debt in full.

Kinstellar has advised Wienerberger on its acquisition of Betonarna Lesonice. Prochazka & Co reportedly advised the seller.

Karel Petrzela has been promoted to Partner at White & Case in a promotion round that saw a total of 37 partnership appointments throughout the Americas, EMEA, and Asia-Pacific regions.

Clifford Chance has advised Ceskoslovenska Obchodni Banka on the financing of OAMP Infrastructure and OAMP Distribution.

BBH Managing Partner has moved in-house and joined Kaprain.

Kocian Solc Balastik has advised Green Gas DPB on a set of long-term contracts for the supply and off-take of coal mine methane.

It will soon be twenty years since Regulation 261[1] came into force, which introduced an unprecedented level of protection for air passengers and was supposed to provide much greater protection in cases of denied boarding, cancellation, or long delays. So, has the (in)famous Regulation 261 served its purpose?

The Czech Class Actions Act[1] became effective on 1 July 2024. Previous articles have provided an overview of key aspects of the new legislation and subjects of these proceedings. This part will focus on the challenges related to the publicity of class actions and explore ways in which companies, as defendants, can protect themselves from negative impacts.

The long-standing dispute between Illumina/GRAIL and the European Commission has now ended. The Court of Justice has set definitive limits on the broad interpretation of Article 22 of Council Regulation No. 139/2004 on the control of concentrations between undertakings.

Taylor Wessing has advised US-based Vintech Industries on its acquisition of parts of Rehau Automotive’s operations including its site in Jevicko, Moravia. Schoenherr and Gleiss Lutz reportedly advised Rehau Automotive.

JSK has advised PRE Group on its acquisition of SolidSun Group. Solid Legal reportedly advised the SolidSun Group.

BPV Braun Partners, working with Watson Farley & Williams, has advised the Creditas Assets investment fund on the sale of UK energy company Green Bess Developments.

Former Taylor Wessing Partner Karin Pomaizlova has left the firm to become a sole practitioner.

Dentons, working with E+H, has advised a club of senior lenders, led by Tatra Banka as the global coordinator, on financing for Tatry Mountain Resorts consisting of a EUR 180 million senior facility and a EUR 110 million junior facility. Kinstellar advised J&T Banka as the junior lender. A&O Shearman advised Tatry Mountain Resorts.

Earlier in 2024, DLA Piper published its Medical Devices Advertising: CEE Comparison Guide, which reviews advertising regulations for medical devices in Austria, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia. Life sciences team members who worked on the guide spoke with CEE Legal Matters about some of the regulatory differences across CEE and the practical implications for businesses.

Kinstellar has advised Banque Federative du Credit Mutuel on the acquisition of BNP Paribas’s Hungarian subsidiary Magyar Cetelem Bank. Wolf Theiss advised BNP Paribas.