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Legal market overview
Slovakia’s legal market demonstrated positive progression away from the Eurozone crisis, but the country’s economy is becoming increasingly affected by the Russia-Ukraine issues. There is however, considerable optimism for growth in the banking and finance sector and many public-private partnership projects are in the pipeline.
Foreign investors are gradually moving away from the Slovak market in the areas of corporate and real estate, which has prompted the emergence of local investors. The real estate market remains sluggish, but construction developments continue despite the cautious approach of lenders.
The rankings include a mix of domestic, regional and international firms. Allen & Overy Bratislava, s.r.o. and White & Case s.r.o are the leading international names, while Peterka & Partners and bnt attorneys-at-law, s.r.o. are particularly active across Central and Eastern Europe. Cechova & Partners and Barger Prekop s.r.o. are among the most prominent local firms. 2014 saw smaller local firms more frequently being instructed on high-profile mandates and attracting praise as having competitive fee structures.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
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It is a frequent and widespread misperception that private joint stock company that issued registered documentary shares (listinné akcie na meno) does not need to have any contact at all with the Slovak public authority in the area of securities, Central Securities Depository of the Slovak Republic ("CSD").
The right of squeeze out is the right of a majority shareholder in the joint stock company whose shares have been traded on regulated market to require from all the remaining (minority) shareholders to sell him their shares at a fair price.
On January 1, 2012 the Act No. 387/2011 Coll. amending the Act No. 136/2001 Coll. on Protection of Economic Competition (the „Amendment“), entered into force.
NEW LIABILITY OF DIRECTORS
One of the responses of the Slovak government to the financial and economic crisis is the latest amendment of the Labour Code. Its declared aims is, inter alia, to (i) reduce employers' costs, mainly in relation to the redundancy payments, (ii) introduce more flexible employment relationships (iii) enable more tailor-made solutions for the respective employer and (iv) weaken the position of trade unions by allowing also works councils and works trustees to negotiate and conclude plant-level agreements with the similar content and effect as that of collective agreements; this goes hand in hand with the change of basic concept of these agreements as they are now allowed to introduce also some less advantageous employment conditions than minimums referred to under the law.
The successful financial close of first major PPP project in Slovakia related to construction and operation of R1 expressway should be without any doubt regarded as important milestone in facilitating of partnership between the public and private sector in the Central and Eastern European region. This article briefly outlines legal regulation of PPP in the Slovak Republic and recent developments in Slovak law aiming to provide additional comfort for financing parties interested in partnership with public sector through PPP projects as well as certain outstanding legal issues which investors should take into account when considering their participation in such projects.
Are you considering real estate investment in Slovakia? This article should provide you with a review of risks and fundamentals concerning the acquisition of real estate property in the Slovak Republic.
ROWAN LEGAL gained yet another IT law award, affirming its impressive position in this field in the Czech Republic and Slovakia.
The company LONGEA s.r.o. which was specialised in tax and accounting has integrated into ROWAN LEGAL advisory group.
We have launched a new corporate website in July, which is simpler and more user-friendly. It also reflects modern trends in creating web presentations. It is available in Czech, Slovak and English.
ROWAN LEGAL is the winner of yet another prestigious legal award in relation to its IT practice and has been chosen by the renowned Corporate INTL magazine as the IT Law Firm of the Year in the Czech Republic.
ROWAN LEGAL, law firm, is the winner of the Law firm of the year 2010 award in the category of Information Technology Law, organised by epravo.cz. In Intellectual Property and Public Procurement, ROWAN LEGAL was ranked among top five firms in the Czech Republic.
Co-organised by KVIFF and ROWAN LEGAL, the annual ROWAN LEGAL FESTIVAL CUP took place at the 45th Karlovy Vary International Festival for the third consecutive time.
ROWAN LEGAL, Law Firm, has become one of the partners of the conference on Interdisciplinary Aspects of Introducing IT Systems. Organised under the auspices of the T-SOFT ETERNITY Foundation, the conference is scheduled for 30 September, 2010 and its venue is Hotel Praha in Prague. Martin Maisner, Partner in ROWAN LEGAL, is on the speakers list.
On 1 July 2010, ROWAN LEGAL joined IT CLUSTER – a unincorporated association of Ostrava, Czech Republic.
Chosen as the 2010 winner of the prestigious Corporate INTL Magazine Global Awards, ROWAN LEGAL has been named the Information Technology Law Firm of the Year in the Czech Republic and Dispute Resolution Adviser of the Year in the Czech Republic.
A well-acclaimed international competitor, ROWAN LEGAL, joins the group of Czech law firms with an exceptionally strong position in the TMT field (Technology, Media, Telecommunications).