The Legal 500

White & Case

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

Banking, finance and capital markets

Within Banking, finance and capital markets, White & Case LLP is a first tier firm,

One of the strongest financing practices in town’, White & Case also offers ‘a deep knowledge of debt capital markets, is very quick to respond and always finds the best solution for a client’. It represented Unicredit Bank as arranger on one financing and for Doosan Heavy Industries on another. On the capital markets side, it acted for the Ministry of Finance on a Swiss bond issuance and for CEZ, European Investment Bank and Ceské dráhy (Czech Railways) on other bond issuances. Practice head David Plch is ‘very responsive, knowledgeable, and client-oriented’, and recommended along with Jirí Tomola (‘delivers perfect quality; demonstrates business understanding, negotiation skills’) and Kvetoslav Krejcí (‘very quick and reliable, provides top-quality advice’). Senior associate Eva Svobodová is also recommended.

Corporate and M&A

Within Corporate and M&A, White & Case LLP is a first tier firm,

Possessing a ‘readiness to learn about industry specifics’, White & Case has recently acted on small and mid-market local transactions as well as large cross-border deals, and has witnessed an increase in outbound acquisitions by its sizeable Czech client base. Recent highlights include advising South Korea-based Doosan on acquiring Skoda Power for €450m, the client’s biggest foreign acquisition to date. Damian Beaven and Michal Smrek form ‘a fantastic team that is very passionate and committed to delivering even more than expected’. Beaven and Smrek worked as part of a cross-office team representing Studio Moderna on selling a minority stake to private equity groups.

Dispute resolution

Within Dispute resolution, White & Case LLP is a first tier firm,

White & Case’s four-partner team represents clients on a range of litigation and arbitration, including insolvency, commercial, regulatory and criminal cases. Tomáš Zagar specialises in the finance and energy sectors, and recently represented creditors in insolvency proceedings. Ivo Janda, who focuses on competition and labour disputes, is appreciated for his ‘ability to react flexibly in the appropriate time on client requests and propose suitable solutions’. Janda has worked as part of a multi-office team representing clients such as Unipetrol and Toshiba in cartel investigations. The team successfully defended CEZ before the European Court of Justice against a claim brought by Land of Upper Austria concerning the client’s Temelin nuclear power plant.

Real estate and construction

Within Real estate and construction, White & Case LLP is a first tier firm,

White & Case’s team is easy to deal with and has strength in depth, and a good spread of expertise. Practice head Petr Pánek handles fund formation, restructuring and real estate transactions, and recently assisted a consortium of banks on refinancing Orco Property Group’s Czech subsidiaries, and acted for Doughty Hanson & Co on selling a development project. Vaclav Kubr is ‘highly professional, dedicated, responsive and knowledgeable’, and is experienced in real estate M&A, construction and development. He has been advising investors, banks and developers on the construction and acquisition of solar power projects. Monika Rutland left the practice to found Rutland Jezek, Advokatni Kancelar in January 2010.

TMT

Within TMT, White & Case LLP is a second tier firm,

White & Case’s TMT practice is led by Václav Jerman, whose experience includes IT and telecoms corporate and regulatory matters. Michal Smrek is particularly notable for private equity transactions relating to telecoms, IP or entertainment. The group’s recent instructions include IP rights transactions for IT and media companies.

Tax

Within Tax, White & Case LLP is a first tier firm,

White & Case’s comprehensive tax practice represents corporate interests in domestic and cross-border matters. Practice head Aleš Zídek represents a number of energy and private equity clients, and recently has been advising on tax structuring for a multijurisdictional leveraged acquisition. He also advised HSBC Bank and Czech Export Bank on tax negotiations and transfer-pricing issues relating to financing nuclear power plants in Slovakia. Tomáš Hlavácek advises on tax aspects of M&A deals and corporate restructurings, and on setting up real estate investment funds. Former partner Ales Cechel left to work for Bonatrans Group Holding, which remains a client of the practice.


What we say worldwide

Please choose another White & Case LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Abu Dhabi

Belgium

Offices in Brussels

China

Offices in Beijing and Shanghai

Czech Republic

Offices in Prague

Germany

Offices in Frankfurt, Hamburg, Berlin, Munich, and Dusseldorf

Algeria

Finland

Offices in Helsinki

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Hungary

Offices in Budapest

Indonesia

India

Offices in Mumbai

Japan

Offices in Tokyo

Kazakhstan

Offices in Almaty

London

Offices in London

Philippines

Poland

Offices in Warsaw

Qatar

Offices in Doha

Romania

Offices in Bucharest

Russia

Offices in Moscow

South Africa

Offices in Johannesburg

Sweden

Offices in Stockholm

Singapore

Offices in Singapore

Slovakia

Offices in Bratislava

Saudi Arabia

Offices in Riyadh

Switzerland

Offices in Geneva

Tunisia

Turkey

Offices in Istanbul and Ankara

United States

Offices in Washington DC, Miami, New York, Los Angeles, and Palo Alto

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.