Allen & Overy, which is known for its market-leading asset finance practice, combines ‘unique knowledge of banking, finance and capital markets regulation with the strength of its international franchise’. The team advises on groundbreaking finance transactions and regulatory matters for high-profile clients, including international corporate borrowers, as well as major Czech financial institutions. Capital markets are another area of strength, with practice head and ‘outstanding practitioner’ Petr Vybiral, advising on numerous debt and equity capital raising deals, including IPOs. Petra Myšáková advises on asset-based and structured finance. Associates Martina Kristianová and Jana Chwaszcz are also recommended.
Banking, finance and capital markets in Czech Republic
Allen & Overy
Practice head(s):
Petr Vybíral
Other key lawyers:
Petra Myšáková; Martina Kristianová; Jana Chwaszcz
Testimonials
‘The Allen & Overy team in Prague combines unique knowledge of banking, finance and capital markets regulation with the strength of its international franchise. The team of practising lawyers have perfect understanding of client needs and is capable of creating tailor-made solutions from bond prospectuses, regulatory interventions as well as legal opininons.’
‘Petr Vybiral is an outstanding practitioner with vast knowledge of international best practice and local requirements, both regulatory and client-based. He is always available and his team has very good response time, also in complicated matters.’
‘Petra Mysakova – excellent technical knowledge and very personal approach.’
‘Great from beginning to end – competitive offer, great work quality, exceptional team. Petr Vybiral is a great counterparty professionally and also on a human level.’
‘Full dedication, protection of clients’ interests, high professionalism and deep knowledge.’
‘The practice is reliable, smooth and offers great certainty. You know you are in good hands, because of the great experience and gathered know-how of the team.’
‘Martina Kristiánová – always thinks of everything, every detail, in context; if everyone forgets, she doesn’t.’
Key clients
Fortuna Entertainment Group N.V.
UniCredit Czech Republic and Slovakia, a.s.
Accolade Fund SICAV plc
Česká exportní banka, a.s.
CZ4 Logimac s.r.o.
Raiffeisenbank, a.s.
Czech Banking Association
CZG – Česká zbrojovka Group SE
Komerční banka, a.s.
Česká spořitelna, a.s.
Československá obchodní banka, a.s.
Czech Gas Networks Investments S.à r.l
J&T IB and Capital Markets, a.s.
J&T BANKA, a.s.
Work highlights
- Acted for Fortuna Entertainment Group N.V. and its subsidiaries on its comprehensive refinancing in the amount of up to €551m.
- Advised a syndicate of Czech and international banks in relation to €640m senior secured facilities provided to SAZKA Group a.s. and its subsidiaries.
- Advised Česká zbrojovka Group SE, a leading European producer of firearms, on its initial public offering on the Prime Market of the Prague Stock Exchange.
Baker & McKenzie s.r.o., advokátní kancelář
In addition to having a first-rate banking and finance offering, Baker & McKenzie s.r.o., advokátní kancelář is also highly regarded acting for banks and corporate borrowers on capital markets transactions. The firm's international reach makes it a go-to for advice on financings involving cross-border elements. The team’s capital markets offering is also well regarded with the team acting on a number of major de-listings. Libor Basl leads the team, which also includes associates Lukáš Hron and Petr Vojtěch.
Practice head(s):
Libor Basl
Other key lawyers:
Lukáš Hron; Petr Vojtěch; Marek Disman
Testimonials
‘Unique combination of knowledge, negotiation skills, advice and friendliness.’
‘I was fully satisfied with the time flexitbility of the office and possibility to meet very challenging deadlines’
‘Hard-work, coordination experience.’
‘Libor Basl is very good on capital markets matters.’
Key clients
Adient Germany
Aetos a.s. / Kofola Group
AURES Holdings (formerly AAA Auto)
Československá obchodní banka (ČSOB) / KBC Bank NV
Commerzbank AG
Crestyl Group
Energetický a průmyslový holding (EPH)
Erste Group Bank AG
Kofola Československo
Komerční banka
Moulins de Kleinbettingen S.A.
PFNonwovens Holding
Raiffeisenbank a.s.
Silver Tower
ThomasLloyd
UniCredit Bank Czech Republic
Worldline SA/NV
Work highlights
- Advised a banking syndicate on €1bn term and revolving facilities agreement with Energetický a průmyslový holding, a.s.
- Advising club of banks in relation to the refinancing of an existing portfolio of logistic parks located in the Czech Republic and Slovakia owned by TPG and Contera group.
- Advising AURES Holdings a.s. and its subsidiaries in relation to refinancing of the group’s existing financial indebtedness and financing of working capital.
Clifford Chance
Fielding ‘an international team of experts,’ Clifford Chance‘s Prague office has a stand out reputation in big-ticket banking and capital markets transactions. On the banking and finance side, the team has extensive experience of handling globally-reported cross-border transactions for domestic and international banks, as well as corporate borrowers. Elsewhere, the firm covers a full spectrum of equity and debt offerings for clients, and is notably prominent in matters involving new frontier markets. The department is led by Miloš Felgr, who is ‘a tough lawyer who picks his battles well’. Dominik Vojta is highly regarded for his leveraged financing expertise, while associate Tereza Řehořová is recommended for her real estate finance experience.
Practice head(s):
Miloš Felgr
Other key lawyers:
Dominik Vojta; Milan Rákosník; Tereza Řehořová
Testimonials
‘Very high standard of work, efficiency, reliability, understanding. Dominik Vojta is outstanding’
‘Experience, knowledge, flexibility, availability. Very happy with their services on financing deals.’
‘Milos Felger is a tough lawyer who picks his battles well.’
‘Unique cross-border experience and capabilities running such complex deals.’
‘Milos Felgr – very good quality of work, always available.’
‘Global firm Clifford Chance Prague LLP has an international team of experts who combine their knowledge with a group of professionals worldwide.’
‘Excellent communication skills, ability to come up with solutions, great collaboration.’
‘Cooperative approach, understanding of the local market, responsiveness and flexibility.’
Work highlights
- Advised CTP on the €2bn complex refinancing of its Czech industrial portfolio.
- Advised a syndicate of major banks in connection with the acquisition of Knjaz Miloš business in the Balkan area by a Mattoni-PepsiCo joint venture.
- Advising J&T BANKA and the arranger J&T IB and Capital Markets on successful issuance of CZK 530m 6.5 % bonds by issuer ENERGO-PRO Green Finance.
Dentons
Dentons‘ first-rate banking and finance team has experience of handling Czech law transactions and CEE regional matters, as well as financings governed by English law. In addition to being active in matters involving acquisition finance, project finance and real estate finance, it is also noted for its structured finance expertise, among other areas. Elsewhere, the group is also sought after for advice on capital markets transactions and complex regulatory issues. Jiří Tomola and Daniel Hurych jointly lead the team, which also includes Martin Manduľák. In a notable recent development, Pavel Boguský joined from Clifford Chance in November 2021.
Practice head(s):
Other key lawyers:
Martin Manduľák
Testimonials
‘Professional local team, global footprint, innovative and flexible.’
‘Flexible, rational, reliable, capable banking practice.’
‘Jiri Tomola, Dan Hurych, Martin Mandulak, all fully trusted, committed and supportive. Negotiating constructively and responsibly even if representing borrower side.’
‘They are able to keep their loan documents more straightforward and practical (when compared with some of their competitors), without compromising on knowledge of trends, quality and legal protection.’
‘Daniel Hurych – good balance of personal involvement in client matters with leaving space to younger associates to do more routine tasks.’
‘Great co-operation, communicative employees, high involvement of the partner, supportive technology.’
‘Deep knowledge, ability to propose the right solutions, ability to deliver in challenging times.’
Key clients
Česká spořitelna (ERSTE)
Komerční banka (Société Générale)
Raiffeisenbank
UniCredit Bank
Československá obchodní banka (KBC)
Czech Export Bank
CPI Property Group
Enterprise Investors
Smartwings
Rockaway Capital/Invia Group
Sev.en Energy
Crestyl
Vestar/Kings’ Casino Group
Natland
Mezzanine Capital
BNP Paribas
Citi
Work highlights
- Advising a syndicate of banks on the €550m complex refinancing of Fortuna Entertainment Group.
- Advising Smartwings on its out-of-court restructuring and CZK2bn rescue financing.
- Advising a syndicate of banks on a loan to DEK for the purposes of acquisition of building materials manufacturer BEST.
PRK Partners
Clients praise PRK Partners for its ‘track record of delivering top-notch legal services’. On the banking and finance side, the firm has a strong profile among leading Czech and foreign banks. It is notably active in real estate and energy finance transactions, as well as matters involving club loans, syndicated finance, acquisition finance and export finance. Václav Bílý and Jan Kohout are names to note in this space. Elswhere, Martin Aschenbrenner heads up the capital markets practice, which distinguishes itself in issuances of fixed-income securities and bonds. Jan Ditrych, Tomáš Bureš and Norbert Hink are other key individuals at the firm.
Practice head(s):
Martin Aschenbrenner; Václav Bílý; Jan Kohout
Other key lawyers:
Testimonials
‘Each transaction had its specifics, where PRK Partners’ banking finance team can be praised for their extensive knowledge and focus on our needs.’
‘We may fully rely on this team. They are well trained to get the deal done, and they understand our sector’s business needs. Furthermore, they have the ability to find a good balance between the usual legal instruments and our business expectations as bankers. I can single out Jan Kohout, our contact partner for the PRK Partners team, together with senior associate Norbert Hink.’
Key clients
Komerční banka, a.s.
UniCredit Bank Czech Republic and Slovakia, a.s.
Česká spořitelna, a.s.
Raiffeisenbank a.s.
ČD Cargo, a.s.
J&T BANKA, a.s.
J&T Mezzanine, a.s.
J.P.Morgan
SAB Finance
J&T Banka
Československá obchodní banka, a.s.
UniCredit Bank Czech Republic and Slovakia
Komeční banka
Česká spořitelna
EBM
Prague Stock Exchange
Conseq
Work highlights
- Advising major Czech banks on club financing of the construction of the SM2 apartment building with commercial premises.
- Advised a syndicate of Czech banks led by Česká spořitelna, as coordinator, in connection with a bond issue by Czechoslovak Group amounting to over €75m.
- Acted as legal counsel to ČD Cargo in connection with the successful acquisition of a €130m loan from the European Investment Bank.
White & Case, s.r.o., advokátní kancelář
Known to some as ‘the best law firm in the CEE region’, White & Case, s.r.o., advokátní kancelář handles all aspects of high-value banking and finance mandates. In addition to acting on a number of high-value financings, the team also recently served as counsel to the Czech Banking association on the implementation of its Covid-19 protection programs. Elsewhere, the firm has a top tier capital markets offering, which is jointly led by dual Czech and New York-qualified partner Petr Hudec and Eva Svobodová. Jonathan Weinberg and Tomáš Jíně are highlighted for their strong capabilities in English law financings. Jan Linda leads the Prague office, offering cross border expertise. David Plch departed in April 2022.
Practice head(s):
Jan Linda; Jonathan Weinberg; Tomáš Jíně; Petr Hudec; Eva Svobodová
Other key lawyers:
James Greene
Testimonials
‘Peter Hudec is a skilled, experienced counsel who makes sure the product that shall be delivered is of top quality.’
‘The best law firm in the CEE region. Experienced and excellent track record.’
‘Tomáš Jíne – excellent lawyer, keeps exceptional relationship with his clients, always accessible’
‘Experienced team, which is reliable, deal-oriented and always available.’
‘I definitely appreciated the complexity of the solution. Responses not only to the questions and proposals we submited, but the completion of all points, from all points of wiev, to the all possible final stages. Proactive involvement and suggestions for possible solutions in the given situation were also very beneficial.’
‘Jonathan Weinberg – knowledgeable and experienced lawyer, always available for discussion, able to translate commercial/corp. finance language into legal very efficiently. James Greene – great ability to explain different bond terms and their implications, creative in terms of structuring. Petr Hudec – diligent, takes care of clients’ interests and has ability to give “early warnings”.’
Key clients
CTP
PPF Group
Rohlik.cz (Velká pecka)
Net4Gas
Czech Banking Association
Komerční banka, a.s.
PPF Group N.V.
Erste Group Bank AG
Czech Export Bank – Česká exportní banka, a.s.
UniCredit Bank Czech Republic and Slovakia, a.s.
J&T Banka, a.s.
Societe Generale
Aareal Bank AG
Citibank
Landesbank Hessen-Thüringen
Raiffeisenbank AG
Work highlights
- Advising the Czech Banking Association on all aspects of the preparation and implementation of the state-backed “COVID III” portfolio guarantee programme.
- Advised Komerční banka and Citibank on the first-ever club deal within the Covid Plus programme.
- Advising CTP B.V. as issuer on its initial public offering and listing of its shares on Euronext Amsterdam.
BBH, advokátní kancelár, s.r.o.
BBH, advokátní kancelár, s.r.o.‘s team undertakes a mix of banking and finance work and capital markets transactions, as well as financial regulatory matters. It advises domestic and foreign lenders and borrowers on major financing agreements and is particularly rated for its bond issuance program. The regulatory team is known for advising a full range of institutions on fast-changing EU regulations. Tomáš Sedláček leads the team; one client noted that ‘he is the lawyer I would like to work with on every single financing transaction’. Petr Přecechtěl, Zdeněk Husták and Andrea Adamcová are also recommended.
Practice head(s):
Tomáš Sedláček
Other key lawyers:
Petr Přecechtěl; Zdeněk Husták; Andrea Adamcová
Testimonials
‘Their people are key. Reliable and creative.’
‘Tomas Sedlacek – perfectly coordinates, helps us prioritize opened legal issues, so that we always know what we want to get and give in trade-off situations; he is the lawyer I would like to work with on every single financing transaction. Andrea Adamcova – she has a phenomenal memory and an ability to refer quickly to the relevant part of any document. A total must-have for complex negotiations, when we have to decide in real-time whether we aceept, reject or postpone the issue.’
Key clients
Air Bank a.s.
Česká Exportní Banka
Česká Národní Banka
Česká telekomunikační infrastruktura a.s. / CETIN Finance B.V.
EP Energy a.s./CE, Energy a.s.
EPH Group
Equa Bank
Home Credit Group
J&T Group
Nordic Investors Group, a.s.
PPF Group
PPF banka
Raiffeisenbank a.s.
RD Rýmařov Group
Rockaway Capital
Sberbank CZ
Škoda Transportation Group
Work highlights
- Provided comprehensive legal advice to PPF Group on complex refinancing of the acquisition of shares in Moneta Money Bank a.s.
- Assisted RD Rýmařov Group with their entrance to the Czech capital markets.
- Provided complex advice to Air Bank a.s. on the Bank ID project.
CMS
CMS combines local market knowledge with international reach to cover banking and finance transactions of the utmost complexity and significance for domestic banks, private equity sponsors and corporate borrowers. A distinguishing feature of the practice is its ability to leverage the expertise of English-qualified lawyers based on the ground in Prague. One of the key individuals at the firm is Pavel Srb, who has a specialism in real estate finance transactions. The firm is also strong in cross-border restructurings and acquisition finance transactions; Paul Stallebrass is a name to note for the latter area. Pavla Křečková heads up the team.
Practice head(s):
Pavla Křečková
Other key lawyers:
Pavel Srb; Paul Stallebrass
Key clients
Advent International
Vinci/Meridiam
ČSOB
Deka Immobilien
Česká spořitelna
Pradera
CSPP
Orbit Capital
Aareal Bank
Work highlights
- Advising VINCI and Meridiam on the financing of Czech Republic’s first road PPP.
- Advising Deka Immobilien on the refinancing of a key loan.
- Advising Česká spořitelna on the financing for the acquisition of a heating plant.
Glatzová & Co., s.r.o.
Glatzová & Co., s.r.o., which undertakes a mix of domestic and cross-border work, demonstrates strong capabilities in banking and finance transactions, as well as capital markets mandates. On the banking and finance side, areas of strength include matters involving project finance, acquisition finance, syndicated loans and consumer loans. The ‘very capable and resourceful’ team is jointly led practice heads Libor Němec and Martin Dančišin. Managing associate Jarmila Tornová is also recommended.
Practice head(s):
Libor Němec; Martin Dančišin
Other key lawyers:
Jarmila Tornová
Testimonials
‘We basically work with all the partners in their banking and corporate department. All are very capable and resourceful.’
‘Outstanding knowledge. In this team, there are two TOP people in the Czech rep. Nobody can compete with them in the financial sector.’
Key clients
ABN AMRO Bank N.V.
Landesbank Baden Württemberg
Oldenburgische Landesbank Aktiengesellschaft
Siemens Bank GmbH
International Automotive Component Group, S.A.
NortonLifeLock Inc.
Western Union group
Pale Fire Capital
Schnellecke Logistic Group
Travelex group
FRAENKISCHE group
Messer group
Aon
Willis Towers Watson
KBC Bank NV Niederlassung Deutschland
UniCredit Bank AG
Bundesverband Öffentlicher Banken Deutschlands, VÖB
I, Foundation, s.r.o.
ČSOB
Komerční banka
Petrus Advisers Ltd.
Smart group
Natland group
Winstor investiční společnos
Work highlights
- Advised Messer group on €200m revolving facility agreement provided by a bank consortium.
HAVEL & PARTNERS s.r.o., attorneys at law
HAVEL & PARTNERS s.r.o., attorneys at law's team is among the most active in the Czech market for banking and finance transactions, with it acting for domestic and international banks and borrowers on a wide ambit of matters; areas of expertise include event-driven, leveraged and real estate finance transactions, among others. Elsewhere, capital markets transactions are also a driver of mandates. The firm's work covers a number of sectors, such as automotive, energy, pharmaceuticals, media and insurance. Filip Čabart and Jan Topinka co-head the team. Dusan Sedlacek is also recommended.
Practice head(s):
Filip Čabart; Jan Topinka
Other key lawyers:
Dusan Sedlacek
Testimonials
‘Well established practice capable of using the resources of the largest law firm in the country (very good knowledge management, very easy use of other practices’ experts within the firm).’
‘Jan Topinka – besides excellent technical skills, he is always determined to support his client in negotiations and to close the deal’
‘This is a local law firm, which knows the Czech environment very well. In general the firm acts very proactively and thus the cooperation is not only in terms of the usual mandates for financing, but we are frequently communicating also on a number of other issues which forms the Czech legal environment, namely in the infrastructure development.’
‘Again active approach, with the main aim being “to deliver”.’
‘As the largest firm on the Czech market HAVEL team is quite exceptional in their ability to provide lawyers with in-depth legal knowledge even of very specific business issues/market sectors. I would also highlight their ability to concentrate on relevant business matters instead of getting bogged down in insignificant details and thus actively push each transaction forward.’
‘Filip Cabart – partner – key person in financing to have on your side. Effectively identifies relevant commercial points and is able to negotiate the maximum value out of them. His team provides excellent support.’
‘They know all current trends and actual benchmarks in financial transactions and may help to negotiate good terms. They are brilliant lawyers able to find come up with creative solutions. They are also capable of managing international financial transactions involving 2-3 jurisdictions.’
‘Filip Cabart is very dedicated with a great understanding of business needs and project management skills. His hard skills are also great.’
Key clients
Czech Development Bank
J&T Bank
Czech Postal Service
Ceska sporitelna
UniCredit Bank
Komercni Banka
CSOB
Stock Spirits
Sellier Bellot
Metalimex
Work highlights
- Advised the Czech state on the COVID 3 investment loan guarantee scheme.
- Structured, arranged and negotiated the complex financing structure of the Czech Postal Service.
- Advised UniCredit Bank and Ceska Sporitelna as arrangers on the refinancing of existing indebtedness and establishing investment lines for two separate acquisitions for TEKRO.
Kinstellar
The team at Kinstellar advises on a broad range of banking and financial transactions, with a particular emphasis on acquisition finance matters. While its core client base is made of domestic banks, the firm's strong connections to international firms enables it to perform the Czech aspects of multijurisdictional financings. It also has a strong compliance and regulatory practice. ‘Excellent professional’ Martina Březinová and English law expert Květoslav Krejčí jointly lead the team. Managing associate Leo Javorek is noted for his work on structured finance transactions.
Practice head(s):
Martina Březinová; Květoslav Krejčí
Other key lawyers:
Leo Javorek
Testimonials
‘Kinstellar’s highly professional team in Prague has rightly attracted praise for its international perspective. Its lawyers are efficient, the quality of their output is always very high and they understand what we are looking for as a client.’
‘Martina Brezinová is an accomplished and highly respected lawyer in the Czech market.’
‘Leo Javorek combines an excellent understanding of financing with an expert knowledge of banking client needs.’
‘Experienced team, which is reliable, deal-oriented and always available.’
‘Martina Brezinova – excellent professional’
‘Ability to listen to the requests of the customer and solve them, deliver the legal product on time and with the required quality.’
Key clients
GLP (operating in Europe as Gazeley)
European Investment Bank
Česká spořitelna, a.s. (Erste Group)
Deutsche Bank (Suisse) SA
MILETA
UniCredit Bank Hungary Zrt.
Erste Bank Hungary Zrt.
Credit Suisse International
Raiffeisenbank a.s.
EXPOBANK CZ
Lordship a.s.
Československá obchodní banka, a.s.
GOLDMAN SACHS, JP MORGAN And MORGAN STANLEY
Swiss National Bank
Liberty Steel
BNP Paribas Bank Polska S.A.
Komerční banka, a.s.
UniCredit Bank Czech Republic and Slovakia, a.s.
Work highlights
- Advising GLP on the acquisition financing for Goodman Group’s Central and Eastern Europe logistics portfolio.
- Advised the European Investment Bank on the issuance of a memorandum on Czech statutory requirements for publishing contracts in the Czech Register of Contracts.
- Advising MILETA a.s. on its debt restructuring and new international financing.
CERHA HEMPEL Kališ & Partners
CERHA HEMPEL Kališ & Partners has notable strengths in insolvency-related and distressed financings, with it frequently acting for debtors on negotiations with major banks. In addition, other mandates span areas such as real estate finance, export finance and investment funds. Martin Kartner leads the overall team. Barbora Kábrtová is also recommended.
Practice head(s):
Martin Kartner
Other key lawyers:
Lukáš Srbecký; Barbora Kábrtová
Testimonials
‘The team provides complex services viewed from various angles and points which provides certainty to the business.’
‘Lukas Srbecky – an outstanding lawyer with broad knowledge. Truly dedicated to providing the service to the client.’
‘The CERHA HEMPEL team is very flexible and responsive. They are able to deal with our matters even within very tight deadlines.’
‘Martin Kartner (partner), Barbora Kábrtová (associate) – very experienced and skilled lawyers with extraordinary knowledge of the law.’
‘We are very satisfied with the level of experience and professionalism of the CERHA HEMPEL team. They are very dedicated and always do their best to make the stipulated deadlines and deliver work of the highest quality.’
‘We work with Martin Kartner (partner) and Barbora Kábrtová (associate). They are both very dedicated professionals who always deal with our problems and matters in a very skilled and experienced way.’
Key clients
SES Spar European Shopping Centers GmbH
VÍTKOVICE HEAVY MACHINERY a.s.
Elysian Capital LLP
BRP Bizzozero & Partners SA
XXX Lutz KG
VEBA, textilní závody a.s.
FCC Česká republika, s.r.o.
MEDIN, a.s.
Gain Capital – Forex.Com UK Limited
Interactive Brokers LLC
CTP Invest, spol. s r.o.
Česká exportní banka, a.s.
SAFINA, a.s.
Mirova Eurofideme IV / BPCE Group
CARCLO PLC
ERSTE GROUP BANK AG
GAZPROMBANK
J&T Bank
Work highlights
- Assisted CARCLO PLC with entering into a new revolving loan agreement.
- Advised XXX Lutz on the process of the acquisition of an international chain of furniture stores including financing matters.
- Advised Elysian Capital LLP through cooperation with the client’s coordinating legal counsel on the financial aspects of the process of the acquisition of part of the shares in an international group.
DUNOVSKÁ & PARTNERS
Praised for its ‘perfect knowledge of the local market in the Czech Republic’, DUNOVSKÁ & PARTNERS' team is experienced in handling operational, investment and project finance transactions. It is also noted for its expertise in financial restructurings and work outs. Elsewhere, the firm provides representation in banking-related court and arbitration proceedings. David Urbanec leads the team. Other key lawyers include firm founder Barbora Simon Dunovská, who advises on major transactions, and insolvency expert Jan Vavřina.
Practice head(s):
David Urbanec
Other key lawyers:
Barbora Simon Dunovská; Jan Vavřina
Testimonials
‘I have cooperated with Barbora Dunovská and David Urbanec. They are professionals with deep legal knowledge and a commercial business approach in difficult banking transactions.’
‘Individual approach – they know their clients. Flexibility. A sense for detail.’
‘Experienced stable team with deep knowledge.’
‘Advice is to the point, accurate and practice-oriented. Pricing appropriate.’
‘David Urbanec, Barbora Simon Dunovská, they are both very innovative, flexible and business-oriented lawyers with strong negotiating skills, whom we recommend strongly.’
‘Dunovska and Partners team provide the market with excellent service focused on the real estate market. Always flexible, offering solutions.’
Key clients
Československá obchodní banka, a.s.
HSBC Continental Europe
Česká spořitelna, a.s. of ERSTE Group
ČSOB Factoring, a.s.
Euler Hermes SA, organizational unit
Raiffeisenbank a.s.
Sberbank CZ, a.s.
Odyssey 44, a.s.
Expobank CZ a.s.
PENTA INVESTMENTS LIMITED, organizational unit
Komerční banka, a.s.
UCB, s.r.o.
Work highlights
- Acted for a group of major domestic banks on the process of restructuring their credit facilities in the amount of CZK373m to companies operating in the promotional and gift market.
- Acted for HSBC UK on the creation of security for loan exposure greater than CZK1bn to Carclo.
- Advising Euler Hermes SA on all legal matters including representation in courts.
Kocián Šolc Balaštík
Kocián Šolc Balaštík‘s banking, finance and capital markets practice mainly focuses on cross-border matters, including bond issues, regulatory capital raisings, securitisations and structured finance transactions. Regulatory work is also a cornerstone of the practice, which spans advice on the establishment and regulatory authorisation of regulated entities, prudential and business conduct requirements, and the launch of digital financial service products. In addition, the firm provides representation in financial regulatory investigations and litigation. Martin Krejčí, Petr Kasík and Vlastimil Pihera jointly lead the team. Ivo Průša is also recommended as an ‘excellent expert and project manager.’
Practice head(s):
Martin Krejčí; Petr Kasík; Vlastimil Pihera
Other key lawyers:
Testimonials
‘Ivo Prusa – excellent expert and project manager.’
‘Our experience overall is very positive. Collaboration is always smooth, workflow is well structured and organised and responsiveness of lawyers is up to standards.’
‘We have worked on many transactions with Ivo Pruša, counsel, as project leader. We are very happy to recommend him as he is consistent and practical in his approach to each project. He organises workflow well so that we always receive instructions and requests in a timely manner. His communications are clear and to the point, thus avoiding time being unnecessarily spent on discussions and ensuring that time-spent costs are always within the quoted and anticipated limits.’
‘Ivo Prusa is very experienced and a really good lawyer.’
‘The advice was always very relevant, practical and delivered in a timely manner.’
Key clients
Goldman Sachs Group
Generali Investments CEE
Soros Fund Management
Dragon Capital Investments
Ontex Group NV
ING Bank NV
J&T Banka
Jefferies Finance
CIBC Bank
NUPEH CZ
Boels Topholding
O2 Czech Republic
ARETE Invest
ARETE Industrial
Nation1 GP
Corinthia Hotel Chain Group
J&T Real Estate
Novatec lnvestment Diseňo e lndustralización, S.L.
Unimex Group
J&T Alliance SICAV
J&T IB and Capital Markets
J&T Finance Group
J&T Private Equity Group
J&T Loan Fund
Fundlift
RN Solutions
Work highlights
- Advised Ontex Group NV in connection with multiple financing matters collectively valued near €1.05bn.
- Advised Unimex Group in connection with Smartwings’ restructuring of a CZK 2bn financing.
- Provided the J&T Alliance SICAV with legal services with respect to preparing a new investment structure for managing and developing the joint business projects of two wealthy individuals.
Schoenherr Czech Republic
Reflective of Schoenherr Czech Republic's growing market presence, it is increasingly seen in high-profile domestic and cross-border finance transactions, where it acts for lenders and borrowers. The firm's workload in this space includes transactions involving mezzanine finance, securitisations, acquisition finance and project finance. In addition, the team is also sought after for regulatory support; Vladimír Čížek, who is a noted expert in the payment services industry, has advised on the vast majority of merchant acquiring alliances formed in the Czech Republic since 2015. Ondřej Havlíček leads the group. Other key names include Matěj Šarapatka and Jiří Marek.
Practice head(s):
Ondřej Havlíček
Other key lawyers:
Matěj Šarapatka; Jiří Marek; Vladimír Čížek
Testimonials
‘Very good and prompt cooperation no matter of time of day. Easy accessibility of both our partners (Mr. Havlicek, Mr. Sarapatka) via phone and e-mail. Tailor-made approach.’
‘They are very responsive, work hard and always willing to find a pragmatic solution.’
‘Ondrej Havlicek has plenty of experience in complex financings, always available and helpful.’
‘Requests were treated on a same-day basis, and in high-intensity phases of the transaction, we could count on instant availability of all necessary resources needed. We had a regulatory proceeding with another CZ law firm in parallel. Schönherr clearly outperformed them. The process with Schönherr was significantly better structured and much more streamlined. Besides that it was obvious that Schönherr has a different setup, be it reg. available resources or experience.’
‘Vladimir Cizek – project lead on behalf of Schönherr. Provided great support during SPA negotiations and pre-closing conduct and helped to overcome all obstacles.’
‘Matej Sarapatka – key person at Schönherr for necessary regulatory proceedings. Provided outstanding expertise and support in the whole proceeding with regulator and organized this cumbersome process in such a structured and professional way that we received necessary approval way before the intended timeline.’
‘Ondrej Havlicek – very helpful and creative lawyer, flexible and friendly approach’
‘We primarily work with Jiri Marek, who is very much business-oriented and deal closure driven. His pragmatic approach helps to move transactions forward.’
Key clients
Kommunalkredit Austria AG
Erste Group AG
UniCredit Bank
BNP PARIBAS
Raiffeisenbank a.s.
Enery Development
UNIPETROL RPA
LEONI
Benteler International
Raiffeisen Bank International
UNIQA Insurance Group
FSN Capital
EVO Payments
LynxCap Group
Work highlights
- Advised BENTELER International AG, on all Czech law-related aspects of the restructuring of Benteler Group debt.
- Advised UNIQA on the acquisition of AXA subsidiaries in the Czech Republic, Poland and Slovakia for a purchase price of over €1bn.
- Advised Enery Development on the €140m bond financing for the purpose of the acquisition of Energy 21 a.s. and its subsidiaries.
Skils s.r.o. advokátní kancelář
Skils s.r.o. advokátní kancelář has an excellent capital markets offering, with it being strong in both debt and equity matters. The team is particularly skilled with bond issuances, including long term, short term and Eurobond offerings. It also acts on behalf of major banks in financing matters as well, both on domestic and international matters. Karel Muzikář leads the team. Karel Dřevínek is ‘a business-oriented lawyer with great knowledge and experience in the field.’
Practice head(s):
Karel Muzikar
Other key lawyers:
Karel Dřevínek
Testimonials
‘Business acumen. Capable of providing highly business-oriented advice.’
‘Karel Drevinek – a business-oriented lawyer with great knowledge and experience in the field.’
Key clients
Kiwi.com
Ceska sporitelna
MONETA Money Bank
Advent International Corporation
Equa Bank
Ústecký kraj
Kiwi.com
CEZ/CEZ Group
Plzensky Prazdroj/Pilsner Urquell Investments BV
Telefónica S.A.
Unipetrol
Squire Patton Boggs s.r.o., advokátní kancelář
Squire Patton Boggs s.r.o., advokátní kancelář is known for its transactional expertise, including matters involving novel structures such as green financings. It also has an excellent financial regulatory practice, covering domestic and international compliance, anti-money laundering and sanctions matters. Team head Danica Šebestová has additional experience in blockchain matters. Also recommended is Radek Janeček, who is highly regarded for his acquisition financing work. Marek Hrubeš is a ‘young lawyer with excellent skills well beyond his peers.’
Practice head(s):
Danica Šebestová
Other key lawyers:
Radek Janeček; Marek Hrubeš
Testimonials
‘Squire Patton Boggs team provides top-level legal services. While being an international law firm, they have a very good understanding of the local market. They can easily handle complex transactions and multi-party negotiations. They are a modern law firm with many female lawyers and partners and excellent technical support. I appreciate the stability and great availability of the team, which brings advantages, especially in long-term projects.’
‘Our primary points of contact are Radek Janecek, a managing partner, and Marek Hrubeš, an associate. We have worked with Radek for many years, he is a real professional and great negotiator. I especially appreciate his business thinking, he really understands the market and financials. Marek is a rising star of the team. A young lawyer with excellent skills well beyond his peers.’
Key clients
BGRS
Česká bankovní asociace
Česká exportní banka, a.s.
Československá obchodní banka, a.s.
Deutsche Bank AG
Galerie Šantovka a.s.
Galerie Teplice s.r.o.
Hanon Systems
Komerční banka, a.s.
Lordship a.s.
Raiffeisenbank International AG
REDSTONE REAL ESTATE, a.s.
Šantovka Holding
UniCredit Bank Czech Republic and Slovakia, a.s.
Work highlights
- Advised ČSOB on its first series of green financings in the Czech Republic and Slovakia.
Weinhold Legal
The team at Weinhold Legal covers a broad cross-section of finance transactions for borrowers and lenders, such as those relating to acquisition finance, project finance, asset finance and real estate finance. In addition, it is experienced in bond issuances and investment funds mandates, as well as financial regulatory matters.
Other key lawyers:
Wolf Theiss
Wolf Theiss offers an ‘unrivalled combination of Austrian and Czech legal advise’, with particular strength in capital markets matters. For financing matters, the team advises on bilateral, syndicated and corporate financing, and has experience in refinancing and trade receivables matters. Robert David leads the team, which includes compliance expert Filip Michalec and regulatory adviser Kristýna Tupà.
Practice head(s):
Robert David
Other key lawyers:
Testimonials
‘Unrivalled combination of Austrian and Czech legal advice.’
‘Robert David is a top lawyer in banking & finance in the Czech Republic.’
‘Virtual data room for sharing necessary documents – very helpful and effective’
‘Kristiny Tupa – reliable and hard working person.’
Key clients
Česká spořitelna
Liberty Ostrava
Česká spořitelna
Work highlights
- Advising the biggest Czech bank operating on the market with regard to the establishment of a multi-issuer bond programme under Czech law.
- Advising Liberty Ostrava in connection with its operational financing from a German bank in the amount of €76m.
- Advising Česká spořitelna on the establishment of a new covered bonds programme, admitted to the Vienna Stock Exchange in April 2021.
act Randa Havel Legal
act Randa Havel Legal has a broad finance platform, with clients recommending its ‘expertise in projects and real estate finance as well as debt refinancing.’ The firm is a founding member of act legal, which is an alliance of continental European business law firms, and is able to connect with other firms on multijurisdictional matters. Alois Šatava leads the team, which notably includes Jan Havel and Matyáš Kužela.
Practice head(s):
Alois Šatava
Other key lawyers:
Jan Havel; Matyáš Kužela.
Testimonials
‘Strong team with a deep knowledge of law and sectors.’
‘Jan Havel – skilled senior partner. Amazing experience among the sectors.’
‘This team has strong experience in many areas with further expertise in projects and real estate finance, as well as debt refinancing. Compared to other offices they deliver very high-quality advice, are very responsive and know the market very well.’
‘Matyáš Kužela, a partner, has great project management and communication skills that are really beneficial.’
Key clients
JUFA Investment Group
SENSE Invest, spol. s r.o.
FINKOVA Oy.
Pražské služby, a.s.
Export Guarantee and Insurance Corporation
G-Team a.s.
Synthomer a.s.
Work highlights
- Providing Synthomer a.s. with comprehensive legal services related to the realization of building a new energy centre.
- Acting for JUFA Investment Group on the acquisition of 12 companies owning and operating photovoltaic power plants.
- Providing Pražské služby a.s. with the comprehensive legal services in connection with the financing of the GOLEM Project in Prague.
bpv Braun Partners s.r.o.
bpv Braun Partners s.r.o. handles a variety of transactional matters for banks and other financial institutions, with its strengths including asset finance, project finance and lease transactions. David Vosol leads the team, which also has expertise in licences, contractual matters and business issues concerning securities brokers and other capital markets participants. Other key lawyers include managing partner Arthur Braun and Ivana Horáková.
Practice head(s):
David Vosol
Other key lawyers:
Testimonials
‘Strong negotiation skills.’
Key clients
IC Cash
Raiffeisenlandesbank Niederösterreich-Wien AG
ECO Finance Group
Key Bank
Raiffeisenbank a.s
Deloitte Legal s.r.o., advokátní kancelář
Deloitte Legal s.r.o., advokátní kancelář‘s finance practice focuses on providing regulatory advice on matters such as AML legislation, capital regulation and licensing. Digitalisation is a new area of focus for the team, supplementing existing specialisations in insurance, leasing, factoring and product distribution. Jan Procházka leads the team, advising regulated entities. Jan Kotous advises private equity firms.
Practice head(s):
Jan Procházka
Other key lawyers:
Jan Kotous
Testimonials
‘Their work is highly professional and their knowledge of the upcoming legislation is excellent.’
Key clients
Braiins Systems
Generali Česká pojišťovna a.s.
PKO Bank Polski
ZNPay a.s.
Waldviertler Sparkasse Bank AG
Work highlights
- Provided regulatory advice to Braiins Systems relating to its cryptocurrency matters.
DELTA legal
DELTA legal has ‘an international team with executive knowledge and experience in a wide range of areas of law’. It is known for its work on real estate finance transactions, financial restructurings and work-outs. Led by Libor Vacek it acts for banks, leading domestic corporates and investment funds. Michal Zahradník is another key individual.
Practice head(s):
Libor Vacek
Other key lawyers:
Pavel Fára; Michal Zahradník
Testimonials
‘Very good knowledge of the law combined with maximum practicality of proposed solutions.’
‘High-quality lawyers with long experience from top international firms working for local prices.’
‘Delta lawyers are knowledgeable, experienced, and at the same time, commercially reasonable lawyers. They really care about the clients’ interests and are very flexible in terms of time and other requests.’
‘Libor Vacek is an experienced lawyer who can think about the issues and their consequences in a broader context. This helps us to manage issues prior to their materialisation.’
‘Pavel Fára is an extremely calm negotiator who can discuss and solve even the most difficult/sensitive issues without irritating the counterparty. Pavel has a fantastic knowledge of real estate sector which helps us in the structuring of financing of the transactions.’
‘Michal Zahradník has great knowledge of finance sector and an excellent background in restructuring and litigations.’
‘An international team with executive knowledge and experience in a wide range of areas of law, including Banking, finance and capital markets.’
Key clients
Komerční banka, a.s.
INVESTIKA investiční společnost, a.s.
KKCG group
EXCHANGE s.r.o.
Trigea nemovitostní fond
Silverline Capital
Dimension Data Global Delivery Center Europe s.r.o.
Société Générale S.A.
CASIN Establishment
Smith Medical
Work highlights
- Acted for Komerční banka, a.s. on numerous debt work outs.
- Assisted KKCG a.s. with innovatively structured tailor-made asset finance transaction with Société Générale Equipment Finance.
- Assisted INVESTIKA Investiční společnost with numerous financings, including financing of Investika Gama s.r.o.
DLA Piper
DLA Piper‘s team is experienced in assisting clients with acquisitions, restructurings and real estate financings, and serves on advisory panels for a number of institutions. Miroslav Dubovský leads the team, offering experience in financing and securities transactions.
Practice head(s):
Miroslav Dubovský
Testimonials
‘The cooperation with Mr. Miroslav Dubovský was at the highest possible level.’
Key clients
Photon Energy
Globus ČR, v.o.s.
Trust Union Fund Industrial
John Menzies Group
Komerční banka a.s.
Hydratech Industries Holdings A/S
UniCredit Bank Czech Republic and Slovakia, a.s.
ING Bank N.V.
UBM Development
UniCredit Leasing CZ, a.s.
RCI Financial Services, s.r.o.
HVB
BM Management
J&T Banka
Erste Group Immorent ČR s.r.o.
Work highlights
- Advising Globus CR on refinancing agreements provided by a club of financiers.
- Advising Trust Union Fund Industrial on acquisition financing and refinancing of Kovosvit MAS group.
- Advising PHOTON ENERGY on the listing of its shares on the regulated parallel markets of the Warsaw and Prague Stock Exchanges.
Eversheds Sutherland, advokátní kancelář, s.r.o.
Eversheds Sutherland, advokátní kancelář, s.r.o. has ‘a knowledgeable team with a pragmatic approach’. It advises clients on acquisition finance, project finance, syndicated finance and real estate finance transactions. In addition, it advises clients on licensing and capital markets regulations. Petra Konečná and Stanislav Dvořák co-head the team.
Practice head(s):
Key clients
PAA CAPITAL SE
Consulting Company, s.r.o.
Exportní garanční a pojišťovací společnost, a.s.
Albert Česká republika (Ahold Delhaize)
Archdiocese of Prague and cardinal Dominik Duka
Conseq
Doosan Bobcat EMEA s.r.o.
KORADO, a.s.
PSP Engineering
ŠkoFIN s.r.o.
Tesco Stores ČR a.s.
Turkish Airlines
X-Trade Brokers
Mondi Group
Doosan
Sazka
Expandia
Raiffeisen investiční společnost a.s.
Giese & Partner, s.r.o.
Giese & Partner, s.r.o. is well known among the largest banks operating in central Europe, and has particularly strong links to German financial institutions. Led by Martin Holler and Jitka Sytařová, it is highly regarded for its strengths in real estate finance and acquisition finance, fund formation and syndication advice to international lenders. Markéta Mrázová is also recommended.
Practice head(s):
Martin Holler; Jitka Sytařová
Other key lawyers:
Testimonials
‘Experienced team, which is reliable, deal-oriented and always available.’
Key clients
Bayerische Landesbank
Deutsche Pfandbriefbank
Landesbank Hessen-Thüringen
Commerzbank
UniCredit Bank Austria
UniCredit Bank Czech Republic and Slovakia
Rodenstock Group
Work highlights
- Advised German banks Deutsche Pfandbriefbank and Helaba on Crestyl’s €130m refinancing of Prague’s Dock In Office Park.
- Advised Rodenstock group from the Czech law perspective on the acquisition by Apax.
- Advised Deutsche Pfandbriefbank and Helaba on refinancing of Futurama Business Park located in Prague.
PETERKA & PARTNERS
PETERKA & PARTNERS‘ team is knowledgeable about a wide array of matters, including export finance, syndicated loans and bond issues. It also has expertise in regulatory issues relating to banks, security brokers, investment funds and pension funds. Due to its strong network of offices throughout the CEE region, its cross-border offering is particularly well regarded. Petr Říha leads the group, which includes Hynek Peroutka.
Practice head(s):
Petr Říha
Other key lawyers:
Testimonials
‘Outstanding experts in their fields. High level of substantive advice. They are characterised by extraordinary openness and adherence to agreed deadlines. Considerable experience and high level of personal culture can be counted on.’
‘Prompt provision of information, openness to support on problematic issues, clear explanation of doubts, high value of expertise.’
Key clients
Komercni banka, a.s.
International Bank for Economic Cooperation
Web Shield Legal Library, spółka z ograniczoną odpowiedzialnością sp.k.
OTP Banka Slovensko, a.s.
Work highlights
- Prepared loan and security documents for Komercni banka, a.s.
- Advised International Bank for Economic Cooperation on the securing of a client’s debts by security instruments.
- Advised Web Shield Legal Library on a legal framework for cryptocurrencies in the Czech Republic.