The Legal 500

Salans Europe LLP

PLATNÉRSKÁ 191/4, 110 00 PRAHA 1, CZECH REPUBLIC
Tel:
Work +420 236 082 111
Fax:
Fax +420 236 082 999
Web:
www.salans.com
Email:

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

Banking, finance and capital markets

Within Banking, finance and capital markets, Salans is a second tier firm,

Olga Humlová heads Salans Europe LLP’s Prague group, which recruited counsel Daniel Hurych from Clifford Chance. It advised GLL Real Estate Partners’ Accession Fund on its €308m multi-jurisdictional portfolio refinancing, and Continental on Czech law aspects of its aggregate €750m bond issue and amendments to its €16bn syndicated bank facilities. Real estate finance specialist Jirí Stržínek was promoted to partner.

Corporate and M&A

Within Corporate and M&A, Salans is a second tier firm,

Professional and fast’, Salans Europe LLP advises companies on M&A, divestments, and restructurings. It advised Strategic Hotels & Resorts on the €110m sale of Hotel Intercontinental, Praha. Other clients include Merck Sharp & Dohme (now Merck & Co), BP, and Synthos Kralupy. Counsel Jan Procházka co-heads the practice with Tomáš Bílek, who is ‘great to collaborate with and thinks one step ahead’. Petr Slach joined from Squire Sanders, v.o.s., advokátní kancelár.

Dispute resolution

Within Dispute resolution, Salans is a first tier firm,

Salans Europe LLP advises public and private entities in litigation as well as domestic and international arbitration. It represented GE Real Estate and GE Global Equity in €40m aggregate claims in insolvency and judicial proceedings relating to non-performing loans acquired by CKA. Olga Humlová is recommended, and co-heads the group with managing partner Ladislav Štorek.

Real estate and construction

Within Real estate and construction, Salans is a first tier firm,

Salans Europe LLP has a ‘strong team with deep legal and technical knowledge’, particularly for advising real estate investors. It also has significant experience advising developers and lenders. Olga Humlová heads the practice, with support from Evan Lazar and Jirí Stržínek. The team advised AFI Europe and Avestus Capital Partners on the €191m sale of Palác Flóra shopping mall, and European Property Investors Special Opportunities on its €300m acquisition of an 80% stake in six industrial parks.

TMT

Within TMT,

Squire Sanders, v.o.s., advokátní kancelár acts on a broad range of telecoms issues for T-Mobile Czech Republic, including the impact of EU Directives, competition issues such as single and collective dominance, and the structuring of distribution channels. Other clients include Amdocs, Sonus Networks, and the Prague office also works with the Bratislava office to advise Orange Slovensko. Petr Slach joined Salans Europe LLP.

Tax

Within Tax, Salans is a third tier firm,

Salans Europe LLP advises foreign corporations and individuals on tax optimisation and excise duties, including pre-acquisition restructuring or establishment in the jurisdiction. Petr Kotáb leads the team.


Further information on Salans

Please choose from this list to view details of what we say about Salans in other jurisdictions.

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Hungary

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Poland

Offices in Warsaw

Romania

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Offices in Moscow and St Petersburg

Slovakia

Offices in Bratislava

Turkey

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Ukraine

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Legal Developments by:
Salans

  • Changes in the Waste Management System

    The amendments adopted by the Parliament on July 1, 2011 to the Municipal Cleanliness and Tidiness Act bring revolutionary changes to the Polish waste management system. The Act is currently awaiting signing by the President. Once approved, the changes will become effective 12 months from the date the Act is published.
    - Salans

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.