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PRK Partners

JÁCHYMOVA 26/2, 110 00 PRAHA 1, CZECH REPUBLIC
Tel:
Work +420 221 430 111
Fax:
Fax +420 224 235 450
Web:
www.prkpartners.com
Email:
Prague, Budapest, Bratislava

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

Banking, finance and capital markets

Within Banking, finance and capital markets, PRK Partners is a first tier firm,

Regional firm PRK Partners stands on par with the international heavyweights. It is advising several leading Czech banks on the CZK12bn aggregate financing of 75 photovoltaic power projects and is representing numerous banks as lead managers and arrangers in various debt issuance programmes. It is advising European Investment Bank (EIB) on a framework agreement for the CZK7bn purchase of Czech government bonds to support flood relief. Robert Nemec leads the team, which includes Marek Procházka, Radan Kubr, and Martin Aschenbrenner. Martin Bruthans was promoted to partner.

Corporate and M&A

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

PRK Partners advised Aliq Energy on the cross-border merger by acquisition of certain group companies. It is advising Secunet Security Networks in the liquidation of Czech subsidiary, and Freshfields Bruckhaus Deringer LLP on the ABN AMRO demerger. Martin Kríž and Radan Kubr are the key contacts.

Dispute resolution

Within Dispute resolution, PRK Partners is a second tier firm,

Robert Nemec is the key contact in PRK Partners’ dispute resolution practice, and is particularly well known for contentious banking matters. Marek Procházka represented Viktoria Plzen against illegitimate insolvency proceedings and is advising Saprantrans Shipping Limited in banking litigation against the Czech state. Jiri Cerny is also recommended.

Legal market overview

Within Legal market overview,

The Czech legal market saw a large number of lateral moves in 2011, following a period of spin-offs by firms. The most notable move was DLA Piper Prague LLP’s recruitment of corporate practice head Jakub Adam and finance head Pavel Marc, who joined along with a number of associates from Wolf Theiss in co-operation with Czech lawyers. Among notable law firm changes, the Prague office of Gide Loyrette Nouel A.A.R.P.I. merged into PRK Partners at the beginning of 2011, and local firm Horák & Chvosta merged with White & Case.

Real estate and construction

Within Real estate and construction, PRK Partners is a second tier firm,

PRK Partners has particular expertise in acting for banks in real estate financings including advising HYPO NOE Gruppe Bank on three Prague office building financings, Raiffeinsenbank on financing two photovoltaic power plants, and Komercní banka on financing a medical facility and multi-purpose building. It also advises on construction, leasing and state-funded developments.

TMT

Within TMT, PRK Partners is a third tier firm,

PRK Partners advises telecoms clients on licensing and regulatory issues. Robert Nemec heads the team.

Further information on PRK Partners

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

Czech Republic

Offices in Prague

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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.
    - Pokorný, Wagner & Partner

  • Reduction of the Number of Tenderers in the Czech Public Procurement Procedures...

    Instrument for Discrimination of Suppliers?
    - Pokorný, Wagner & Partner

  • 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).
    - Pokorný, Wagner & Partner

  • 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.
    - Schönherr

  • 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.
    - Alfery & Partner

  • 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.
    - Schönherr

  • CHANGES IN THE PROMOTION OF RENEWABLE ENERGY

    legal developments in the energy practice
    - Schönherr

  • 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.
    - PETERKA & PARTNERS v.o.s

  • 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.
    - PETERKA & PARTNERS v.o.s

  • 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.
    - PETERKA & PARTNERS v.o.s
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