The Legal 500

DLA Piper Weiss-Tessbach

What we say about the firm's legal practice in Slovakia

Banking, finance and capital markets

Within Banking, finance and capital markets , DLA Piper LLP is a third tier firm,

DLA Piper Weiss-Tessbach’s ‘very good and timely’ team has a broad client base including a large number of German-speaking clients as well as clients from elsewhere in the EU. The group advised International Capital Markets Association and Securities Lending Repo Committee on provisions resulting from regulatory capital requirements in other jurisdictions relating to repo and stock lending transactions. It also advised Mitsubishi UFJ Securities International plc on closeout netting provisions under Slovak insolvency law and represented Toyota Financial Services (UK) plc in Slovak litigation. Michaela Stessl heads the practice.

Corporate and commercial, including M&A

Within Corporate and commercial, including M&A, DLA Piper LLP is a third tier firm,

DLA Piper Weiss-Tessbach provides ‘quick, accurate, and in-depth’ legal analysis. It is advising OstWest International Leasing on a cross-border merger between a Slovak company and a German LLC with over 3,000 silent partners to establish a subsidiary in Slovakia. It is also active in the renewable energy sector. Bratislava-based managing partner and practice head Michaela Stessl is ‘responsive and knowledgeable, with a commercially oriented approach’, and is also recommended by foreign clients for her command of the English language.

Legal market overview

Within Legal market overview,

There has been a great deal of reshuffling of personnel among some firms in the market, particularly Squire Sanders s.r.o and DLA Piper Weiss-Tessbach. It should also be noted that ARS Iuris Slovakia, spol. s.r.o. ceased trading, and, sadly, name partner Ernest Valko of Valko & Partners, which was previously ranked for its corporate work, was killed in November 2010.


Further information on DLA Piper LLP

Please choose from this list to view details of what we say about DLA Piper LLP in other jurisdictions.

Austria

Offices in Vienna

Belgium

Offices in Antwerp and Brussels

Germany

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

Egypt

Offices in Cairo

Spain

Offices in Madrid

Georgia

Offices in Tbilisi

Italy

Offices in Milan and Rome

London

Offices in London

Netherlands

Offices in Amsterdam

Norway

Offices in Oslo

North West

Offices in Liverpool and Manchester

Russia

Offices in Moscow and St Petersburg

Sweden

Offices in Stockholm

Ukraine

Offices in Kiev

West Midlands

Offices in Birmingham

Yorkshire and the Humber

Offices in Leeds and Sheffield

Legal Developments by:
DLA Piper LLP

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

Legal Developments in Slovakia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Frequent mistake about Slovak documentary shares

    It is a frequent and widespread misperception that private joint stock company that issued registered documentary shares (listinné akcie na meno) does not need to have any contact at all with the Slovak public authority in the area of securities, Central Securities Depository of the Slovak Republic ("CSD").
  • PITFALLS OF SQUEEZE OUT IN SLOVAKIA

    The right of squeeze out is the right of a majority shareholder in the joint stock company whose shares have been traded on regulated market to require from all the remaining (minority) shareholders to sell him their shares at a fair price.
  • NEW APPROACH TO MERGER CONTROL IN SLOVAKIA

    On January 1, 2012 the Act No. 387/2011 Coll. amending the Act No. 136/2001 Coll. on Protection of Economic Competition (the „Amendment“), entered into force.
  • SLOVAK INSOLVENCY CODE AMENDMENT: CHANGES TO THE TEST OF OVER-INDEBTEDNESS AND...

    NEW LIABILITY OF DIRECTORS
  • Slovak Labour Code: amendments effective since September 2011

    One of the responses of the Slovak government to the financial and economic crisis is the latest amendment of the Labour Code. Its declared aims is, inter alia, to (i) reduce employers' costs, mainly in relation to the redundancy payments, (ii) introduce more flexible employment relationships (iii) enable more tailor-made solutions for the respective employer and (iv) weaken the position of trade unions by allowing also works councils and works trustees to negotiate and conclude plant-level agreements with the similar content and effect as that of collective agreements; this goes hand in hand with the change of basic concept of these agreements as they are now allowed to introduce also some less advantageous employment conditions than minimums referred to under the law.
  • PPP in Slovakia: First Success Revealed the Weaknesses of Legal Framework

    The successful financial close of first major PPP project in Slovakia related to construction and operation of R1 expressway should be without any doubt regarded as important milestone in facilitating of partnership between the public and private sector in the Central and Eastern European region. This article briefly outlines legal regulation of PPP in the Slovak Republic and recent developments in Slovak law aiming to provide additional comfort for financing parties interested in partnership with public sector through PPP projects as well as certain outstanding legal issues which investors should take into account when considering their participation in such projects.
  • Legal Obstacles to Real Estate Investment in Slovakia

    Are you considering real estate investment in Slovakia? This article should provide you with a review of risks and fundamentals concerning the acquisition of real estate property in the Slovak Republic.