The Legal 500

Kinstellar s.r.o advokátní kancelár

PALÁC MYSLBEK, NA PRIKOPE 19, 117 19 PRAHA 1, CZECH REPUBLIC

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

Banking, finance and capital markets

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

Kinstellar s.r.o advokátní kancelár’s ‘very professional’ Prague team attracts praise for its international perspective. Its cross-border mandates included advising a group of international banks on one of the region’s largest acquisition financings in 2009. Along with restructuring and refinancing, the practice also recently acted on a club loan transaction. Senior associate Martina Brezinova was appointed as banking and finance practice head in March 2010 and provides a ‘responsive, knowledgeable, client-oriented approach’. Kamil Blažek offers a range of financing and restructuring expertise.

Corporate and M&A

Within Corporate and M&A, Kinstellar is a first tier firm,

With a focus on energy, healthcare and pharmaceuticals, Clifford Chance was able to stay active with transactional work handling local and cross-border deals. The practice completed the sales of local operations for International Power and Anheuser-Busch InBev, and acted on significant regional TMT and energy sector transactions such as Dalkia’s acquisition of NWR Energy, and EQT Partners’ acquisition of Bulgaria-based telecoms companies. The group provides ongoing corporate and commercial advice to clients such as Chevron, Pfizer, KIT digital, Essmann, and Unipetrol. Practice head Alex Cook is supported by David Kolácek, who continues to develop the team’s energy-related work.

Dispute resolution

Within Dispute resolution, Kinstellar is a second tier firm,

Commercial, IP and insolvency disputes are key for Kinstellar s.r.o advokátní kancelár, which represents several well-known global brand manufacturers and government entities. Recent highlights include acting on a BIT arbitration, and representing a Czech gas company in an alleged €1bn breach of a shareholder agreement. Of counsel Ruzena Trojánková specialises in bankruptcy proceedings, while Jitka Logesová represents companies in commercial litigation and arbitration.

Real estate and construction

Within Real estate and construction, Kinstellar is a second tier firm,

Kinstellar s.r.o advokátní kancelár is ‘a strong team’ that provides ‘very clear and structured advice’, and can ‘apply commercial realities to legal issues to find a successful outcome’. Albeit mainly focused on real estate transactions, the group’s recent work also includes restructuring, disputes and energy-related matters. These include handling cross-border transactions for Tesco and Area Property Partners. Practice head Klára Štepánková leads on key deals, along with managing associate Martin Nemecek, ‘a commercial lawyer with an excellent understanding of real estate law’ and who has ‘very good analytical skills and is solutions-oriented’. Kamil Blažek is also recommended, and advised Czech Property Investments on various acquisitions and PPF ECM on the permitting process for a residential development in Prague.

TMT

Within TMT, Kinstellar is a second tier firm,

Kinstellar s.r.o advokátní kancelár’s ‘very efficient’ counsel Hana Gawlasova heads the TMT group in Prague, which advises clients such as Microsoft and British Telecom on IT and telecoms. Recent instructions include advising on regulatory, data protection and corporate matters, including competition law issues relating to a cross-border acquisition and a successful settlement in a domestic IT arbitration regarding software agreements.

Tax

Within Tax, Kinstellar is a third tier firm,

Kinstellar s.r.o advokátní kancelár focuses on tax relating to domestic and cross-border transactions for clients such as JPMorgan, Hyundai Motor and E.ON Ruhrgas. Recent matters include advising on cross-border tax aspects of Hyundai Motor Manufacturing Czech’s bond issuance, and providing tax structuring and due diligence advice to a consortium of banks on financing CVC’s acquisition of CEE subsidiaries of Anheuser-Busch InBev. Associate Petr Sebesta heads the team and has tax litigation experience.


What we say worldwide

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Czech Republic

Offices in Prague

Hungary

Offices in Budapest

Romania

Offices in Bucharest

Slovakia

Offices in Bratislava

Turkey

Offices in Istanbul

Serbia

Offices in Belgrade

Legal Developments by:
Kinstellar

  • NEW COMPANY LAW IN SERBIA

    In May 2011, the Serbian parliament adopted a new company law, which is scheduled to take effect on 1 February 2012 (hereinafter: the “New Company Law”). The new legislation will replace the current company law that has been in force since 2004 (hereinafter: the “Old Company Law”)
    - Kinstellar

Legal Developments in Czech Republic

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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.
  • Act on Significant Market Strength and Its Abuse – a Controversial Law Regulating Relations betwee

     
  • Comparing the Czech and Slovak regulation of the time limit for tax assessment: the Czech 3+0 rule

     
  • Czech Republic (in The European & Middle Eastern Arbitration Review 2011)

    Alternative dispute resolution is an important consideration in the Czech Republic, particularly on account of the fact that judicial proceedings in the state courts can take up to several years. Arbitration is currently in common use in the resolution of both national and international disputes.
  • 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.