The Legal 500

Balcar Polanský Eversheds

REVOLUCNI 15, 110 00 PRAHA 1, CZECH REPUBLIC
Tel:
Work +420 251 009 111
Fax:
Fax +420 251 009 112
Web:
www.balcarpolansky.cz
Email:

What we say about the firm's legal practice in Czech Republic

Banking, finance and capital markets

Within Banking, finance and capital markets, Eversheds LLP is a third tier firm,

Balcar Polanský Eversheds continued to advise WOOD & Company on matters pertaining to its acquisition of a local branch of Credit Suisse, including transferring a portfolio of funds to CONSEQ. It also advised HighSky Brokers on establishing a brokerage house locally. Michal Zahradnik heads the team.

Corporate and M&A

Within Corporate and M&A, tier 4

Balcar Polanský Eversheds continues to advise Tyco International on various disposals. Practice head Michal Zahradnik advised a shareholder on two transactions, increasing its stake to 51% and then a 90% shareholding in VEBA textilní závody.

Dispute resolution

Within Dispute resolution, Eversheds LLP is a second tier firm,

David Lejcek heads Balcar Polanský Eversheds’ practice, which is increasingly active in corporate, commercial, and banking litigation. It represented SPVs CDV-1 Ltd and CDV-2 Ltd in bankruptcy, arbitration, and court proceedings relating to non-performing loans and won decisions in the Supreme and Constitutional Courts on defaults and bad debts.

Real estate and construction

Within Real estate and construction, Eversheds LLP is a third tier firm,

Balcar Polanský Eversheds is advising RODOP on two residential developments and the acquisition and completion of a luxury residential complex. ‘Knowledgeable and responsive’ team head Ludmila Neustupna is advising Hotel Properties Limited on the acquisition of a five-star hotel. Martin Kucera left the firm.


Further information on Eversheds LLP

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United Arab Emirates

Offices in Dubai and Abu Dhabi

Austria

Offices in Vienna

Belgium

Offices in Brussels

Czech Republic

Offices in Prague and Ostrava

Germany

Offices in Munich and Hamburg

Denmark

Offices in Copenhagen

Algeria

East Anglia

Offices in Cambridge and Ipswich

Estonia

Offices in Tallinn

France

Offices in Paris

Hungary

Offices in Budapest

Ireland

Offices in Dublin

Italy

Offices in Milan and Rome

Jordan

Offices in Amman

Lithuania

Offices in Vilnius

London

Offices in London

Latvia

Offices in Riga

Libya

Netherlands

Offices in Rotterdam and Amsterdam

Poland

Offices in Warsaw

Qatar

Offices in Doha

Romania

Offices in Bucharest

South Africa

Offices in Johannesburg

Sweden

Offices in Stockholm

Slovakia

Offices in Bratislava

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Zurich, Bern, and Geneva

Tunisia

Legal Developments by:
Eversheds LLP

  • Mediation – Bridging the Gulf

    Few things are as certain as disputes in construction projects. The Middle East has been, and will continue to be, a hub for construction activity.
    - Eversheds

Legal Developments in Czech Republic

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bid Rigging Cartels in the Czech Republic

    The Office for the Protection of Economic Competition (hereinafter the „Office“) issued the historically first decision concerning domestic cartel among suppliers competing for public contract (bid rigging) case. The case is interesting not only because it is the first such case in the Czech Republic, but could indicate how the Office will proceed in such cases and in the proving of such cartels.
  • Reduction of the Number of Tenderers in the Czech Public Procurement Procedures...

    Instrument for Discrimination of Suppliers?
  • Judicial review of arbitration awards in the Czech Republic in light of recent legal developments

    The two basic means of dispute resolution in the Czech Republic are judicial proceedings and alternative dispute resolution. Arbitration proceedings, as a form of ADR, is thriving. According to statistics of the Arbitration Court attached to the Economic Chamber of the Czech Republic and Agricultural Chamber of the Czech Republic, one of the three permanent arbitration courts in the Czech Republic and the only one with general jurisdiction, in the year 2000 the mentioned court settled 196 disputes, while in 2009 it settled 1402 disputes (not including disputes settled amicably).
  • Czech Republic: Limitation of Damages Explicitly Possible since 1 January 2012

    After years of uncertainty, in 2011 the Czech Republic finally passed an amendment to the Commercial Code explicitly allowing for the limitation of damages in agreements under Commercial Code between entrepreneurs and companies.
  • Defence against vexatious insolvency petitions

    Insolvency proceedings aim mainly to find a complex solution to the financial standing of a debtor who has gone bankrupt according to one of the laws (Act No 182/2006 Sb., on Insolvency and the Methods of its Solution; hereinafter referred to as the “Insolvency Act” ) in the way set forth, especially in order to secure the claims of creditors. In practice, some institutes of the Insolvency Act are used in ways that contrast with its general purpose.
  • Czech Republic: Typical Legal Issues Encountered in Real Estate Due Diligence

    In almost every due diligence involving real estate in the Czech Republic, several legal is-sues emerge which are crucial for the existence (or non-existence) of ownership or other rights regarding real estate established in favour of certain subjects. The following legal issues are typically encountered in due diligence projects. It is important to understand and assess these issues correctly.
  • CHANGES IN THE PROMOTION OF RENEWABLE ENERGY

    legal developments in the energy practice
  • What will the new Tax Procedure Code bring?

    On 1 January 2011 the new Tax Procedure Code took effect which will regulate tax proceedings in the Czech Republic . As tax proceedings concern almost everybody, as almost everybody pays tax, let us look at what the new Tax Procedure Code will bring.
  • Legal Aspects of the Subsidy Process in Connection with the Operational

    The Operational Program Research and Development for Innovations (OPRDI) was implemented for public institutions in the industrial research and development sector. The aim of the program is to develop cooperation between universities and industrial enterprises, to support research and development at universities and research institutions, and to highlight supply and demand in the research and development sector. The Ministry of Education, Youth and Sports of the Czech Republic (www.msmt.cz) is charged with managing the program. Knowledge of certain basic principles is useful when using subsidies in compliance with the stipulated rules.
  • Cross-Border Service Provision in the EU

    The Directive of the European Parliament and of the Council 2006/123/EC of 12 December 2006, on services in the internal market ("Directive" or "Directive on services") substantially develops the freedom of establishment and freedom of cross-border provision of services under Articles 43 and 49 of the EC treaty. The Directive applies to all types of services except those which are expressly excluded. In the Czech Republic, the Directive on services was implemented by Act No. 222/2009 Coll., on Free Movement of Services that came into force on December 28, 2009.