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Clifford Chance

JUNGMANNOVA PLAZA, JUNGMANNOVA 24, 110 00 PRAGUE, CZECH REPUBLIC
Washington DC, Warsaw, Tokyo, Sydney, Singapore, Shanghai , and 28 more

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

Banking, finance and capital markets

Within Banking, finance and capital markets, Clifford Chance is a first tier firm,

Clifford Chance is ‘able to deliver quality in line with international standards’ and ‘belongs among the firms of choice’ for domestic and cross-border banking and finance matters, particularly debt financing. It was busy with real estate-related transactions and restructuring in 2010. Practice head Vlad Petrus led on Unicredit Bank’s financing of one of the biggest solar power plants in the jurisdiction. In capital markets, the practice specialises in emissions trading, and recently advised the Ministry of Environment on its trades. The well-regarded team includes associates Jindrich Arabasz (‘well educated, experienced and able to communicate well with both the client and their counterpart’), Miloš Felgr (‘reliable’) and Martin Glajch (‘very good knowledge of products, excellent theoretical background and outstanding ability to deal with clients’).

Corporate and M&A

Within Corporate and M&A, Clifford Chance 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, Clifford Chance is a third tier firm,

Clifford Chance’s Emil Holub and counsel Jirí Fiala handle construction and real estate disputes, and represented Ikea in a construction liability claim against Skanska Construction. Other clients include ING Real Estate and energy-sector interests. Managing partner Vlad Petrus handles bankruptcy and insolvency cases.

Real estate and construction

Within Real estate and construction, Clifford Chance is a first tier firm,

Emil Holub leads Clifford Chance’s real estate team in Prague, where financing is a core component of the practice – it represented CSOB on financing for the New Karolina Shopping Center, one of the Czech Republic’s largest real estate developments. The group also represented clients on completing several significant investments in the jurisdiction, advised Siemens on selling the real estate assets of its local transportation systems operation in 2010, and acted for developers Inter IKEA and Warimpex on acquisitions for commercial projects.

What we say worldwide

Please choose another Clifford Chance 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 and Dubai

Australia

Offices in Sydney and Perth

Belgium

Offices in Brussels

China

Offices in Shanghai and Beijing

Czech Republic

Offices in Prague

Germany

Offices in Dusseldorf, Frankfurt, and Munich

Algeria

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Ghana

Hong Kong

Offices in Hong Kong

Indonesia

India

Italy

Offices in Rome and Milan

Japan

Offices in Tokyo

Kuwait

London

Offices in London E14 and London EC2R

Luxembourg

Offices in Luxembourg

Morocco

Netherlands

Offices in Amsterdam

Oman

Philippines

Poland

Offices in Warsaw

Qatar

Offices in Doha

Romania

Offices in Bucharest

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Taiwan

Thailand

Offices in Bangkok

Tunisia

Turkey

Offices in Istanbul

Ukraine

Offices in Kiev

United States

Offices in Washington DC, New York, and Menlo Park

Vietnam

Search News and Articles

Legal Developments by:
Clifford Chance

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.
    - Alfery & Partner

  • 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.
    - Schönherr

  • CHANGES IN THE PROMOTION OF RENEWABLE ENERGY

    legal developments in the energy practice
    - Schönherr

  • 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.
    - PETERKA & PARTNERS v.o.s

  • 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.
    - PETERKA & PARTNERS v.o.s

  • 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.
    - PETERKA & PARTNERS v.o.s

  • Act on Significant Market Strength and Its Abuse – a Controversial Law Regulating Relations betwee

     
    - PETERKA & PARTNERS v.o.s

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

     
    - PETERKA & PARTNERS v.o.s

  • 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.
    - ROWAN LEGAL Law Firm

  • 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
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