The Legal 500

BBH, advokatni kancelar, v.o.s.

KLIMENTSKÁ 1207/10, 110 00 PRAGUE 1, CZECH REPUBLIC
Tel:
Work +420 234 091 355
Fax:
Fax +420 234 091 366
Web:
www.bbh.eu
Email:
Prague, Moscow, Bratislava

Czech National Bank Appoints BBH as Sole Capital Markets Advisor

January 2008. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

PRAGUE, January 16, 2008 - BBH has been selected by the Czech National Bank (CNB) as its main legal advisor for the highly important Capital Markets legislation and supervision areas.

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BBH Advised on Largest Share Buy-back

January 2008. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

Brzobohatý, Brož & Honsa, v.o.s. advised ČEZ, a.s., the largest electricity producer in the Czech Republic, the shares of which are admitted to trading on the regulated markets in the Czech republic and Poland, in relation to the share buy-back of ČEZ shares up to the estimated volume of CZK 60 billion (approx. EUR 2 billion).

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BBH - First Structured and Rated Securitization in CEE

January 2008. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

Tomáš Otruba, Petr Mlejnek and Tomáš Sedláček in 2003 acted as advisor on the structuring of securitization transaction methods and the preparation of the relevant documentation. It was the first ever rated and completed securitization not only in the Czech Republic, but in the whole of Central and Eastern Europe.

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BBH Advises on Largest Ever Czech Foreign Investment

January 2008. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

Brzobohatý Brož & Honsa ("BBH") acted as legal counsel to ČEZ, a.s., the largest electricity producer in the Czech Republic and one of ten of the largest energy companies in Europe, in relation to its investment into the energy sector of the Republika Srpska. The investment itself encompasses especially:

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BBH Named for Real Estate Deal of the Year

January 2008. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

The lawyers of Brzobohatý Brož & Honsa (BBH) are pleased to announce the signing on July 9th, 2007 of what has been referred to a number of times in the Czech media as, "The Real Estate Deal of the Year". This transaction involving the sale of 29 buildings and related land plots throughout the Czech Republic, including a number of lease-back deals, is valued at approximately 6.1 billion CZK. BBH represented Česká pojišťovna, a.s. as the seller and lessee who was selling these properties to Office Star group (PPF Investments) as the purchaser and lesser and who is working with Česká spořitelna as the financing bank, providing PPFI with a loan facility for financing a part of the purchase price.

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Brzobohaty Broz & Honsa Branch Opened in Bratislava

March 2007. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

 

Brzobohaty Broz & Honsa is pleased to announce the opening of BBH Slovensko s.r.o., located on Gorkeho 3 in the most central district of Bratislava. Brzobohaty Broz & Honsa ("BBH") emanated from and acquired a well known international law firm established in Prague in then Czechoslovakia in 1990, and has had Slovak and Eastern European investment support opportunities increasingly presenting themselves from their widening client base.  Similarly, Beláňová & Bak ("BB") emanated from and continued in the practice of leading domestic law firm Zelenay & Co, also established in 1990. Lawyers of BBH and BB have cooperated closely on a number of projects in Slovakia since 2002, including the due diligence of a national bank, insurance and industrial companies and on bank financing projects in Slovakia.  In due course, the business evolution and clientele of the two firms necessitated this merger as the next logical progression. 

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First Czech Law Firm Branch Opened in Moscow

February 2007. Press Releases by Brzobohaty Broz & Honsa, v.o.s. (view listing).

 

Brzobohaty Broz & Honsa is pleased to introduce the first Czech law firm branch office in Russia with the opening of BBH Legal LLC, located on Bolshoy Gnezdnikovsky per 1 in the most central district of Moscow. Formally established in April 2006, the firm was inaugurated with a cocktail reception on June 15, 2006 at the Embassy of the Czech Republic in Moscow, the Russian Federation in the presence of the Ambassador, Mr. Miroslav Kostelka, and attended by many distinguished Czech, Russian and other business persons conducting local and international enterprises.

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Legal Developments by:
BBH, advokatni kancelar, 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.

Legal Developments in Czech Republic

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Czech Republic: Re-codification and Entrepreneurship

    Three new laws re-codifying Czech private law are set to change the country's current legal order entirely. The current order (i.e. Act No. 40/1964 Coll., Civil Code; Act No. 513/1991 Coll., Commercial Code; Act No. 97/1963 Coll., on International Private Law) will be abolished entirely and replaced with new laws of symbolic numbers: Act No. 89/21012 Coll., New Civil Code; Act No. 90/2012 Coll.; on Corporations; and Act No. 91/2012 Coll., on International Private Law. As one of the largest legal overhauls of the Czech Republic's laws in recent decades, this development is indeed an admirable achievement. Of course, nothing new comes into this world without difficulties.
  • Energy Performance Certificates

    Starting from 1 January 2013 the amendment to Act No. 406/2000 Coll., on Energy Management, as amended, has increased, to a significant extent, the obligations of developers, building owners, associations of housing unit owners and housing unit owners as well (i.e. owners of flats and non-residential premises) relating to the issue of so-called energy performance certificates. This instrument, which was first introduced in 2009 for new constructions or large scale reconstructions, should provide simple and transparent information about the energy consumption of a building by classifying it in a respective energy performance class, such asweknowit in the case of electrical appliances.
  • Occupational health service – new duties for employers

    The Act No. 373/2011 Sb., on Specific Health Services, became effective on 1 April 2012.
  • Energy Community sets up competition network

    On November 23 2012 a seminar on competition law enforcement in the energy sector held at the Energy Community Secretariat in Vienna saw the creation of the Energy Community Competition Network. Competition authorities from Albania, Bosnia Herzegovina, Croatia, Macedonia, Moldova, Montenegro, Serbia, Ukraine, Kosovo and Armenia, as well as representatives of the Energy Community Secretariat, signed a joint declaration on the etablishment of the network at the Energy Community. 
  • Prioritisation in competition cases_a step forward

    The forthcoming amendment to the Act on the Protection of Competition will make several changes to Competition Authority practices. Among other things, the amendment will introduce prioritisation into its practices, allowing the authority to decide not to initiate administrative proceedings following certain alleged breaches of the act where those breaches have a minor effect on competition. The authority will also be able to legally prioritise the investigation of some alleged infringements over others.
  • Czech Republic: Liability for damage caused by construction

    The construction of new buildings or the reconstruction of existing buildings, especially in dense urban areas, is almost always connected with the risk of causing damage to third parties. It is therefore important for the builder (contractor or property developer) as well as subjects exposed to potential damages (especially owners and users of adjoining buildings) to know the statutory conditions of liability for damages and related rights and obligations(1).
  • Mergers & Acquisitions 2013. Chapter 15: Czech Rep.

    This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of mergers and acquisitions. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Mergers & Acquisitions; published by Global Legal Group Ltd, London. www.iclg.co.uk.
  • Real Estate 2013. Chapter 12: Czech Republic

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk )
  • Czech Republic: Mandatory energy performance certificates for buildings in the Czech Republic as...

    of 2013
  • BID RIGGING OR CARTEL AGREEMENTS OF TENDERERS

    by Kristýna Oberfalcerová, Attorney-at-Law, Randa Havel Legal