The Legal 500

BBH, Attorneys at Law, v.o.s

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

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

Banking, finance and capital markets

Within Banking, finance and capital markets, BBH, Attorneys at Law, v.o.s is a first tier firm,

The Czech firm BBH, Attorneys at Law, v.o.s has a market-leading practice that genuinely competes with larger international law firms for clients and instructions. Highly rated as ‘one of the best Czech firms in the market’, the banking, finance and capital markets team is led by Tomáš Otruba, who is supported by senior lawyer Tomáš Sedlácek in capital markets and structured finance work. Clients of the practice include PPF banka, CEZ, BAWAG Bank, Komercní banka and Ceská sporitelna.

Corporate and M&A

Within Corporate and M&A, BBH, Attorneys at Law, v.o.s is a second tier firm,

BBH, Attorneys at Law, v.o.s is one of the leading Czech firms, with a broad corporate practice covering commercial work and mergers and acquisitions across a range of sectors. Key partners Petr Mlejnek and Jirí Nemec lead the corporate work, with Nemec working for clients including Skoda Holdings, which he advised in 2009 on the sale of its subsidiary Skoda Power to the Korean company Doosan Heavy Industries & Construction for CZK11.5bn – one of the largest M&A transactions in the CEE region in 2009.

Dispute resolution

Within Dispute resolution, BBH, Attorneys at Law, v.o.s is a second tier firm,

František Honsa is the key partner in the dispute resolution team at Czech firm BBH, Attorneys at Law, v.o.s, handling litigation, arbitration, fraud and white-collar crime, while Robert Klenka focuses on international and domestic arbitration, and particularly significant trade disputes.

Legal market overview

Within Legal market overview,

The major Czech law firms have been 
busy over the past year, continuing to give 
their international rivals a run for their money thanks to their ability to attract talented lawyers away from the larger outfits. Chief among 
them are the highly successful firms 
BBH, Attorneys at Law, v.o.s, Glatzová & 
Co., v.o.s., Havel & Holásek s.r.o. 
Attorneys-at-Law, Kocián Solc Balastík and PRK Partners.

Real estate and construction

Within Real estate and construction, BBH, Attorneys at Law, v.o.s is a second tier firm,

The real estate team at Czech firm BBH, Attorneys at Law, v.o.s is led by Jan Petrík and also includes senior lawyer Jirí Šterba, working on complex transactions and property development work, including project planning, land zoning, acquisitions, building construction and financing and landlord and tenant matters. Clients include some of the most prominent Czech real estate investors and developers.

TMT

Within TMT, BBH, Attorneys at Law, v.o.s is a third tier firm,

At BBH, Attorneys at Law, v.o.s, Jan Petrík is head of the information technology and copyright team, and has worked for a number of banks implementing new banking and accounting software. Senior lawyer Ondrej Knebl handles outsourcing and e-commerce.


Legal Developments by:
BBH, Attorneys at Law, 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
  • 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