The Legal 500

Czech Republic

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Editorial

Legal market overview

While many Western investors have left the energy, telecoms and infrastructure markets, this has been replaced by more local investment. Overall, the market has become more active, with law firms observing a rise in large M&A deals and unexpected interest from foreign investors in the real estate market. Although the Czech economy is generally considered to be recovering from the euro zone crisis, the implementation of a new Civil Code has created a different type of uncertainty and unpredictability for businesses as the new law beds in.

The Czech legal market has been moving towards a more dynamic, competitive situation, with good local firms increasingly providing good alternatives to leading international firms. Notably the departures of large international law firms – such as Norton Rose Fulbright v.o.s., advokátní kancelár and Hogan Lovells – created a space in the market for boutiques and spin-offs and allowed opportunity for quality lateral hires.

Prominent local firms include Kinstellar s.r.o advokátní kancelár, Glatzová & Co., s.r.o. and PRK Partners, as well as BBH, Advokatni Kancelar, S.R.O.. Cross-border mandates continue to be characterised by the presence of international firms such as Allen & Overy, Baker & McKenzie s.r.o., advokátní kancelár, Clifford Chance, CMS and White & Case (Europe) LLP.

Press releases

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Legal Developments in Czech Republic

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Czech Republic: Amendment to the Public Procurement Act - selected changes effective since 6 March

    On 6 March 2015, amendment No. 40/2015 ("the Amendment ") to Act No. 137/2006 Coll., on public procurement (the " Act ") was enacted. The Amendment removes some of the more problematic obstacles in the area of public procurement; at the same time, it also imposes stricter conditions on the review procedure before the Czech Competition Authority (" Office "). Read more...
  • Czech Republic: Re-codification and Entrepreneurship

    Three new laws re-codifying Czech private law are set to change the country's current legal order entirely. The current order (i.e. Act No. 40/1964 Coll., Civil Code; Act No. 513/1991 Coll., Commercial Code; Act No. 97/1963 Coll., on International Private Law) will be abolished entirely and replaced with new laws of symbolic numbers: Act No. 89/21012 Coll., New Civil Code; Act No. 90/2012 Coll.; on Corporations; and Act No. 91/2012 Coll., on International Private Law. As one of the largest legal overhauls of the Czech Republic's laws in recent decades, this development is indeed an admirable achievement. Of course, nothing new comes into this world without difficulties.
  • Energy Performance Certificates

    Starting from 1 January 2013 the amendment to Act No. 406/2000 Coll., on Energy Management, as amended, has increased, to a significant extent, the obligations of developers, building owners, associations of housing unit owners and housing unit owners as well (i.e. owners of flats and non-residential premises) relating to the issue of so-called energy performance certificates. This instrument, which was first introduced in 2009 for new constructions or large scale reconstructions, should provide simple and transparent information about the energy consumption of a building by classifying it in a respective energy performance class, such asweknowit in the case of electrical appliances.
  • Occupational health service – new duties for employers

    The Act No. 373/2011 Sb., on Specific Health Services, became effective on 1 April 2012.
  • Energy Community sets up competition network

    On November 23 2012 a seminar on competition law enforcement in the energy sector held at the Energy Community Secretariat in Vienna saw the creation of the Energy Community Competition Network. Competition authorities from Albania, Bosnia Herzegovina, Croatia, Macedonia, Moldova, Montenegro, Serbia, Ukraine, Kosovo and Armenia, as well as representatives of the Energy Community Secretariat, signed a joint declaration on the etablishment of the network at the Energy Community. 
  • Prioritisation in competition cases_a step forward

    The forthcoming amendment to the Act on the Protection of Competition will make several changes to Competition Authority practices. Among other things, the amendment will introduce prioritisation into its practices, allowing the authority to decide not to initiate administrative proceedings following certain alleged breaches of the act where those breaches have a minor effect on competition. The authority will also be able to legally prioritise the investigation of some alleged infringements over others.
  • Czech Republic: Liability for damage caused by construction

    The construction of new buildings or the reconstruction of existing buildings, especially in dense urban areas, is almost always connected with the risk of causing damage to third parties. It is therefore important for the builder (contractor or property developer) as well as subjects exposed to potential damages (especially owners and users of adjoining buildings) to know the statutory conditions of liability for damages and related rights and obligations(1).
  • Mergers & Acquisitions 2013. Chapter 15: Czech Rep.

    This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of mergers and acquisitions. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Mergers & Acquisitions; published by Global Legal Group Ltd, London. www.iclg.co.uk.
  • Real Estate 2013. Chapter 12: Czech Republic

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk )
  • Czech Republic: Mandatory energy performance certificates for buildings in the Czech Republic as...

    of 2013

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to