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While many Western investors have left the energy, telecoms and infrastructure markets, this has been replaced by more local investment.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

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

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: 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
  • BID RIGGING OR CARTEL AGREEMENTS OF TENDERERS

    by Kristýna Oberfalcerová, Attorney-at-Law, Randa Havel Legal

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
  • Russian industrialists and VEGAS LEX discuss development of procedural law with Supreme Court

    VEGAS LEX and the Russian Union of Industrialists and Entrepreneurs and chaired by Mikhail Fridman have discussed improvement of judicial procedure in Russia, also in the context of the new unified Civil Procedure Code Concept and the Code of Administrative Court Procedure now in the works. The event convened representatives of the Supreme Court, the Presidential State-Legal Directorate, the State Duma Committee on Civil, Criminal and Commercial Legislation, major industrial companies and legal experts.
  • Patrikios Pavlou & Associates LLC co-sponsored the CFA first seminar of the year, 6th & 9th March 20

    The Cyprus Fiduciary Association organized two (2) full-day seminars on the Role and Liabilities of Directors which were co-sponsored by Patrikios Pavlou & Associates LLC. The seminars took place at Cleopatra Hotel in Nicosia on March, 6 and at St. Raphael Hotel in Limassol on March 9 and were hailed with great success.
  • Baker & Partners Drive Best Practice for Local Trust Firms

    Baker & Partners have issued a Guidance Note covering the retirement, replacement and removal of trustees, with information of great relevance to Jersey’s legal community and the broader legal and financial sectors. 
  • Popov & Partners admitted as a member of Bulgarian Water Association

    At the beginning of April 2015 Popov & Partners was admitted as a corporate member of the Bulgarian Water Association (BWA) . BWA is the largest organization in Bulgaria that combines all WSS operators, trade companies and business consultants with focus on the management of the water resources and the development of the water-supply services in the country. In international aspect BWA has parnership relations with European Water Association and International Water Association and other international water organizations, whose activity reflects directly over the development of the water sector in global aspect.
  • Slovenia: Schoenherr advises Laško shareholders on a majority stake in Slovenian brewer to Heineken

    Schoenherr advised a consortium of owners of Pivovarna Laško, d.d. ("Laško"), Slovenia's leading brewery group, in the sale of their combined holdings of over 51% in Laško to Heineken International B.V., part of the Netherlands-based brewing group. The opening of final offers took place on 13 April 2015, with Heineken offering EUR 25.56 per share in Laško (translating into a total purchase price of approx. EUR 114 million for the 51.11% stake on sale). Following the selection of Heineken as best bidder, the respective share purchase agreement was signed in Ljubljana the same day. read more...
  • Popov & Partners admitted as a member of Bulgarian Water Association

    At the beginning of April 2015 Popov & Partners was admitted as a corporate member of the Bulgarian Water Association (BWA) . BWA is the largest organization in Bulgaria that combines all WSS operators, trade companies and business consultants with focus on the management of the water resources and the development of the water-supply services in the country. In international aspect BWA has parnership relations with European Water Association and International Water Association and other international water organizations, whose activity reflects directly over the development of the water sector in global aspect.
  • Austria: Arbitration expert Leon Kopecký joins Schoenherr as Counsel

    Leon Kopecký has joined Schoenherr, a leading full-service law firm in Central and Eastern Europe, as Counsel in March 2015. Mr Kopecký focuses on international commercial and investment arbitration, international litigation, and compliance matters. His clients are international firms in the construction, raw materials, infrastructure, finance, fashion and health care industries. He regularly advises clients on complex investment matters. read more...
  • HaoLiWen Selected by ALB as Finalist for Regulatory Compliance Law Firm of the Year

    HaoLiWen has been recently selected by ALB as the finalist for Regulatory Compliance Law Firm of the Year (2015), a market recognition of the regulatory compliance practice of HaoLiWen, which has a history of around ten years.
  • fwp advises UniCredit Bank Austria AG on the sale of Immobilien Holding portfolio

    Vienna, 16 January 2015. Business law firm Fellner Wratzfeld & Partners (fwp) advises UniCredit Bank Austria AG on the multi-stage structured sale of the real estate portfolio it holds via Immobilien Holding GmbH. read more...
  • fwp advises HETA on individual applications for review of special Hypo legislation

    Fellner Wratzfeld & Partner Rechtsanwaelte GmbH (fwp) represents HETA Asset Resolution AG (formerly HYPO Alpe-Adria Bank International AG) in connection with the judicial review proceedings before the Austrian Constitutional Court following the implementation of special Hypo legislation. The Constitutional Court has now rejected all individual applications filed by Austrian and international investors as inadmissible. Read more...