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

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

Banking, finance and capital markets

Within Banking, finance and capital markets, BBH, advokatni kancelar, v.o.s. is a first tier firm,

BBH, advokatni kancelar, v.o.s.’s ‘very responsible lawyers’ advise local and international banks and investment groups on debt, asset and structured financing. The team acted for PPF Bank on a number of transactions including restructuring loans, a bond issuance and acquisition financing. It also represented Skoda Transportation on a syndicated loan. Its other clients include Czech National Bank, Bawag, ING, CEZ, Bank of America and Home Credit Group. Practice head Tomáš Otruba, Petr Mlejnek and Tomáš Sedlácek are ‘business and risk focused, and consistently find solutions’. Associate Andrea Adamcová is also recommended.

Corporate and M&A

Within Corporate and M&A, BBH, advokatni kancelar, v.o.s. is a second tier firm,

BBH, advokatni kancelar, v.o.s.’s clients include CEZ and the insurer Ceská pojiš’tovna. Skoda Holding is also a key client, for which the firm completed the sale of Skoda Power to Doosan as well as handling restructuring of its transport business. The team also advised PPF Partners on setting up joint venture holdings with Czech companies in the energy and real estate sectors. Practice heads Jirí Nemec and Tomáš Pešek provide cross-border experience, while associates Miloslav Strnad and Petr Precechtel are also recommended.

Dispute resolution

Within Dispute resolution, BBH, advokatni kancelar, v.o.s. is a second tier firm,

BBH, advokatni kancelar, v.o.s.’s disputes team acts for local clients including investment companies, insurers and property developers on domestic litigation and international arbitration. Recent instructions have focused on insurance litigation for clients including Czech Insurers Bureau and Skoda Power. The team also successfully defended automotive manufacturer Linde + Wiemann in an ownership dispute concerning a Czech production plant. Frantisek Honsa and Vladimir Uhde head the practice.

Real estate and construction

Within Real estate and construction, BBH, advokatni kancelar, v.o.s. is a second tier firm,

BBH, advokatni kancelar, v.o.s. acted for PPF Group on establishing a joint venture, PPF ECM Holding, one of the largest real estate holdings in CEE. The practice also advised leading Czech investors on project construction and acquisitions as well as restructurings. Practice head Jirí Šterba is an experienced hand for transactions and projects.

TMT

Within TMT, BBH, advokatni kancelar, v.o.s. is a third tier firm,

Ondrej Knebl leads the TMT practice at BBH, advokatni kancelar, v.o.s., and has particular experience in IT law and outsourcing. The Czech Ministry of the Interior is a key client, which the team advised on telecoms and ICT infrastructure services, including contract agreements and outsourcing. Other clients include the insurer Ceská pojišt’ovna and Omnicom Media Group. Former practice head Jan Petrik left the firm.

Tax

Within Tax, BBH, advokatni kancelar, v.o.s. is a third tier firm,

BBH, advokatni kancelar, v.o.s. continues working on tax matters through its alliance with Fucík a Partneri.


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
  • 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.