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Weinhold Legal, v.o.s.

CHARLES SQUARE CENTER, KARLOVO NAMESTI 10, 120 00 PRAHA 2
Prague, Bratislava

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

Banking, finance and capital markets

Within Banking, finance and capital markets, Weinhold Legal, v.o.s. is a second tier firm,

Name partner Daniel Weinhold leads the banking and finance team at Weinhold Legal, v.o.s. in Prague, working with Ivan Sagál and Pav Younis on real estate finance. Praised for their ‘very professional approach and timely delivery’, the practice is ‘excellent in all departments’. Clients include HSBC, CSOB, Kormercni banka, UniCredit Bank, ABN AMRO, Commerzbank and Citibank.

Corporate and M&A

Within Corporate and M&A, Weinhold Legal, v.o.s. is a second tier firm,

Weinhold Legal, v.o.s.’s corporate practice in Prague is led by name partner Daniel Weinhold, and also includes two other partners and a total of 30 associates. Clients of the practice include Czech Coal, which the firm advised on its ultimately unsuccessful bid for International Power’s Czech assets, Green World International, Lloyd Electric & Engineering, Enel and Ned Railways. Thilo Hoffmann also works for clients including Siemens, E.ON and RWE. One client says the firm impressed with their ‘thoroughness, attention to details, their patient negotiation skills and their clear, though elaborate, transaction documentation’.

Dispute resolution

Within Dispute resolution, Weinhold Legal, v.o.s. is a second tier firm,

Weinhold Legal, v.o.s.’s Milan Polák leads the litigation team, which does ‘a first-rate job’ and is peopled by ‘team players who do their best and provide value for money’. The group handles investment arbitrations for the Czech Republic and for the Ministry of Finance of the Slovak Republic, as well as other international arbitrations, advice to Czech banks and corporate disputes, particularly in tax litigation.

Real estate and construction

Within Real estate and construction, Weinhold Legal, v.o.s. is a second tier firm,

Weinhold Legal, v.o.s. has an ‘excellent’ real estate and construction practice led by Pav Younis, who is praised by one client for being a ‘great negotiator with an excellent knowledge of the market’. Younis is supported by six other fee-earners and acts for clients including Anglo-Irish Bank, Bank of Scotland (Ireland), Ceskoslovenská obchodni banka, Pernod Ricard, Lighthouse, Metroslav, ProLogis and Red Group.

TMT

Within TMT, Weinhold Legal, v.o.s. is a second tier firm,

The TMT practice at Weinhold Legal, v.o.s. is led by senior attorney Martin Lukáš, a leader in IP and IT work with particular expertise in data protection, data security and competition issues. The team has ‘an excellent understanding of the business perspective’ on TMT mandates, according to one client, and acts for Walt Disney Group and Twentieth Century Fox, among others.

Tax

Within Tax, Weinhold Legal, v.o.s. is a second tier firm,

Weinhold Legal, v.o.s.’s tax practice is described by one client as ‘thorough, quick and efficient’ and is led by the firm’s founding partner Daniel Weinhold, who works with three assistants. The firm is linked to accounting firm Ernst & Young in Prague and therefore does not handle tax advisory work, focusing instead on specialist tax litigation, where it works on a significant volume of cases. In September 2009 the firm won an important case for a German real estate investment company on an income tax matter in the Czech Republic that went to the Supreme Administrative Court.

What we say worldwide

Please choose another Weinhold Legal, v.o.s. office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

Czech Republic

Offices in Prague

Slovakia

Offices in Bratislava

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Legal Developments by:
Weinhold Legal, v.o.s.

  • Due Diligence – when and why?

    The term “Due Diligence” is commonly used when referring to a process through which a potential buyer evaluates a target company, an enterprise or its assets. Typical due diligence usually focuses in particular on the area of law, taxes and finance with the aim on emphasizing strengths and weaknesses of the target and detecting risks connected with its acquisition. For the sake of simplification, we will use the term “enterprise” or “target” when talking about subject matter of the due diligence.
    - Weinhold Legal v.o.s

Legal Developments in Czech Republic

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

  • Real Estate Tax in 2010

    The real estate tax rate doubled on the basis of the amendment to the Real Estate Tax Act that came into force in 2010. Therefore some municipalities took their option and increased the tax rates. The rate increased from CZK 5.00 to CZK 10.00 per square meter of built-up area for structures serving for industry, building industry, transport, energy industry and other agricultural production, and from CZK 0.10 to CZK 0.20 per square meter of land. Arable land, hop gardens, vineyards, gardens, fruit orchards, permanent grasslands, productive forests and fish ponds, and also structures for other business activity make an exception.
    - Alfery & Partner

  • Regulation of Mergers as a Tool for Rationalising Costs in the Economic Crisis

    A merger of Slovak limited liability companies and an up-stream merger (of a mother and a daughter companies) of Slovak joint stock companies can be much easier than one might first think, and the benefits can significantly outweigh the costs. Mergers are perceived as an instrument that is most commonly used during economic growth. But in specific situations it can also be a useful instrument during an economic downturn.
    - PETERKA & PARTNERS v.o.s

  • Tax Review – How To Protect One’s Rights Effectively

    In the Czech Republic, a country with a continental legal system, court decisions do not set precedents as they do in common law jurisdictions. Nevertheless, court decisions in tax proceedings may not be ignored, as to a considerable extent they modify the interpretation of legislation.  Without knowledge of court decisions one may not succeed in tax proceedings. Recently, two substantial decisions of the Czech Constitutional Court concerning tax reviews have been published.
    - PETERKA & PARTNERS v.o.s

  • Changes in Ukrainian law with an Impact on Real Estate

    Recently some changes to Ukrainian law have been introduced which have repealed the need to notarise land lease agreements and bring greater transparency in land certification and land allotment procedures. This article briefly describes these changes.
    - PETERKA & PARTNERS v.o.s

  • New Regulatory Regime for Credit Rating Agencies in the European Union -

    Comments on legal basis and main features. The recent financial crisis has shown many of the weaknesses in the current regulatory framework of the financial market - a lack of or insufficiencies in the legal rules on the one hand and a lack of or insufficiencies in the competency and expertise of financial market supervisors and regulators on the other.
    - Brzobohaty Broz & Honsa, v.o.s.

  • Funds of qualified investors in the Czech Republic: beneficial way of RE investment

    A number of law changes requested over last few years regarding the regime of funds of qualified investors were finally enacted and became effective. These changes may give a positive stimulus to further development of the fund industry in the Czech Republic.
    - Ambruz & Dark

  • Due Diligence – when and why?

    The term “Due Diligence” is commonly used when referring to a process through which a potential buyer evaluates a target company, an enterprise or its assets. Typical due diligence usually focuses in particular on the area of law, taxes and finance with the aim on emphasizing strengths and weaknesses of the target and detecting risks connected with its acquisition. For the sake of simplification, we will use the term “enterprise” or “target” when talking about subject matter of the due diligence.
    - Weinhold Legal v.o.s

  • Amendment to the Income Tax Act - July 2009

    On 3 July 2009, President of the Czech Republic signed an amendment to Act No. 586/1992 Sb., on income taxes, as amended (hereinafter referred to as the “ITA”), drawn up by the Ministry of Finance. This amendment has been published in the Collection of Laws under No. 216/2009 Sb. and became effective on 20 July 2009. The law amends the Income Tax Act in the following areas (without limitation): Depreciation of tangible assets , Financial lease-purchase agreements , Education of employees
    - Alfery & Partner

  • Opportunities for entrepreneurs in times of economic crisis

    Against the backdrop of the worsening economic conditions, company management are often faced with the decision whether certain business activities should be terminated or if different measures should be taken with respect to cost reduction. In this article, we will examine various measures that can be taken within a given context. At the same time focus will be placed upon the circumstances in respect of individual cases. Concurrently, it is nevertheless always advisable to carry out a detailed and extensive analysis of the economic, tax and legal aspects in regard to the circumstances surrounding the given case.
    - Weinhold Legal v.o.s

  • Let´s Bid in the Czech Republic

    Public procurement is a significant part of the Czech economy and constitutes more than 17% of its GDP. Public procurement is regulated by Act No. 137/2006 Coll., on Public Contracts and Act No. 139/2006 Coll., on Concession Contracts and Concession Procedure (Concession Act).
    - Wolf Theiss
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