Firm Profile > Clifford Chance > Prague, Czech Republic

Clifford Chance
110 00 PRAGUE
Czech Republic

Banking, finance and capital markets Tier 1

Clifford Chance remains a market leader in major banking and finance transactions, and it is particularly active in work for debt providers and sponsors. Miloš Felgr leads the team, which has expertise in finance transactions connected with sectors such as real estate, infrastructure and energy. It is also increasingly active in matters connected with the IT and TMT industries. Elsewhere, senior associate Vladimír Rýlich undertakes a mix of debt and equity capital markets work, and he also handles financial regulatory issues for clients. Marian Husár joined J&T Finance Group.

Practice head(s):

Miloš Felgr

Other key lawyers:

Vladimír Rýlich


‘Top in CZ, best team in the market. Comparable to most mature markets. Can be used as international counsel.’

‘Diverse team, individuals with dual qualification (Czech, England/Wales)’

‘Milos Felgr, Marian Husar – great negotiation skills, reasonable pricing’

‘Team strengths include a high degree of dedication to the project, time effectiveness, flexibility and far-reaching knowledge base. Key capabilities have been reflected in a deep technical analysis of the legal issues and accommodation of the results to the practical background of the case. ’

‘What makes individuals stand-out from competitors is definitely their friendly attitude towards us – clients, responsiveness, immense dedication to serve our needs and ability to hold the intricacies of the case under control with a decency of personal behaviour not showing any signs of external pressure or pushbacks.’

Key clients


Fortbet Holding Limited

Penta Investments Limited

Fortuna Entertainment Group

Citigroup Global Markets Limited

Sazka Group

Všeobecná úverová banka, a.s.

Goldman Sachs International

Bank of Communications

J & T BANKA, a.s.

GE Capital Funding Services Limited

FIA Europe

S&P Global Inc

Citibank Europe plc

CPI Property Group


UniCredit Bank Czech Republic and Slovakia, a.s.

CTP Invest, spol. s.r.o

Československá obchodní banka, a. s.

PPF Banka, a.s.

Česká spořitelna, a.s.

Komerční banka, a.s.

R2G Heritage a.s.


Raiffeisenbank a.s.

HSBC Bank plc

Erste Group Bank AG

UniCredit Bank AG


Sberbank CZ


HB Reavis Holding S.A.

Energetický a průmyslový holding, a. s.


HB Reavis Group CZ, s.r.o.

Active Development Investments Group (ADI)

Sev.en Energy

J&T Investment Advisors, s.r.o.

Commercial, corporate and M&A Tier 1

Clifford Chance's corporate practice is noted for its 'high technical competence and professionalism', and its focus on high-end corporate mandates spanning the CEE region and beyond. The team has sector strengths in energy, finance and pharmaceuticals. Managing partner Alex Cook jointly heads up the practice with David Koláček, who has over three decades of experience in the field. Counsel Michal Jašek handles cross-border work with English law aspects, while dual-qualified senior associate Stanislav Holec is recommended for matters governed by Slovak law.

Practice head(s):

Alex Cook; David Koláček

Other key lawyers:

Michal Jašek; Stanislav Holec


‘Their overall level of service is excellent as the Team shows: – deep knowledge and understanding of the legal framework; – high technical competence; – professionalism; – great negotiating skills and a particular ability to achieve consensus solutions, placing the customer’

‘All members of the team are experts in their practice, with a deep understanding of the overall legal framework thus ensuring that all issues are dealt in a professional and efficient way. Regarding David Kolacek, I would like to stress his exceptional competencies as a lawyer, as a leader and as a dedicated partner in every single issue he deals with. Always available and forward-thinking, David has a clear understanding of the legal framework in which we do business, consistently applying his expertise for the optimal resolution of our requests. ’

‘Tier 1 in CZ- Alex Cook, Michal Jasek, David Kolacek’

Key clients


Penta Investments and Fortuna Entertainment Group

EMMA Capital



Pfizer Inc.



Indorama Ventures Public Company Limited

Energetický a průmyslový holding, a.s.

HB Reavis

R2G a.s.

AutoCont Holding a.s.

Swiss Life AG

Assa Abloy

Arx Equity Partners

M.L. Moran, a.s.

Colas Rail


Teijin Limited

Colfax Corporation

Real estate and construction Tier 1

Clifford Chance's top-tier real estate practice is 'the best on the Czech market' according to clients and is led by highly-rated practitioner Emil Holub. The full-service team covers the gamut of real estate matters for clients with a specialty in high-value financing and refinancing transactions. Practice co-head and ducal Czech and Slovak qualified Miloš Felgr is the key banking contact and is noted for domestic and cross-border transactions. Milan Rákosník handles real estate M&A, asset management and development across a range of asset classes. At the associate level, Aneta Disman handles CEE-wide deals and is the contact for investments and divestments. The team has a considerable international reach and is able to leverage its wider European networks.

Practice head(s):

Emil Holub, Partner; Miloš Felgr

Other key lawyers:

Milan Rákosník; Aneta Disman


‘Market leading lawyer in Emil Holub and a strong team to back this up. Not only technically very strong and the best team in managing the expectations of clients in the Czech market.’

‘Emil Holub is able to bring a commercial know-how to his expertise and this is the key distinguishing factor in the market’

‘Emil Holub is the most experienced and competent lawyer on the market, understanding the viewpoints of both local and international players and both institutional and non-institutional outfits. He is supported by a strong team.’

‘Emil Holub – simply put the best RE transactions lawyer on the market. Milan Rákosník – excellent, versatile, diligent and hard-working lawyer, who really understands the detail. Aneta Disman -a competent lawyer with excellent relationship building skills.’

‘The team’s understanding of commercial practices combined with the strong performance on legal as well as practical matters during a transaction makes Clifford Chance a dream team of a legal partner.’

‘Emil Holub has in-depth knowledge of real estate transactions as well as a professional and friendly approach. Together with highly skilled Milan Rákosník the team is second to none.’

‘Attitude, responsiveness, availability, expertise.’

Key clients

CBRE Global Investors

Atrium European Real Estate


Allianz Real Estate Germany GmbH

Europa Capital



CA Immo

Dubai World

White Star

bpd partners


J&T Real Estate


Kirkbi A/S


Heimstaden Bostad AB

Generali Real Estate

Tax Tier 2

Clifford Chance has a reputable tax practice and is skilled in handling both domestic and international corporate tax matters, with particular expertise in major restructuring mandates. David Koláček leads the multidisciplinary group which is made up of counsel Petr Šebesta who is noted for his advisory work for multinational corporations on transactional matters and structured financing projects. The team is also experienced in tax litigation. Managing partner Alex Cook and Miloš Felgr are also involved in tax matters as part of their broader workloads.

Practice head(s):

David Koláček

Other key lawyers:

Petr Šebesta; Alex Cook; Miloš Felgr

Key clients

Sev.en Energy Goup

KKCG Group

LG International


CPI Property Group

J & T Real Estate

KPMG Česká republika

Heimstaden Bostad AB


CBRE Global Investors


Dispute resolution Tier 3

At Clifford Chance, the practice is strong in insolvency-related litigation matters and continues to be instructed by clients operating in the construction, technology and pharmaceuticals sectors. The practice is led by dual-qualified (Czech and Slovak law) practitioner Miloš Felgr, who specialises in pre-insolvency restructuring mandates. Associate Jan Dobry handles large volumes of contentious work; he is also skilled in local and international arbitration matters. Counsel Tomáš Richter is also recommended.

Practice head(s):

Miloš Felgr

Other key lawyers:

Tomáš Richter; Jan Dobry

Key clients

Moravia Steel

Komerční banka, a.s.

Colas CZ

Inžinierske stavby, a.s.

Česká spořitelna, a.s.


Projects and energy Tier 3

Clifford Chance is very experienced in advising on project financing matters for an assortment of domestic energy companies, particularly power plant clients. The practice is led by Alex Cook and corporate partner David KoláčekMiloš Felgr is a key contact for handling cross-border energy-related transactions.

Employment Tier 4

Clifford Chance focuses on employment-related corporate transactions and its offering is led by M&A expert David Koláček in Prague. The practice also has experience in collective terminations and complex restructurings, among other matters. It also has a data protection offering. 'Brilliant lawyer' Veronika Kinclová is highlighted for her EU law expertise and day-to-day advisory work for international clients.

Practice head(s):

David Koláček

Other key lawyers:

Veronika Kinclová


‘The Clifford Chance Prague employment team is unique for their ability to deal with any employment issue of the spectrum, their expertise is vast due to the fact that their lawyers also have to be experts in other related areas such as compliance, data protection, corporate, tax or litigation etc. They do offer complex solutions where employment teams of the other firms lack the expertise. Also, the employment team is able to provide advice on unprecedented matters or in addition to legal advice also offer strategic advice or the market’s view on the employment issue. ’

‘We have been working with Veronika Kinclova who advised us from the initial meeting to the very end. She advised us on a matter in which we had no previous experience but thanks to her advice we have always known what shall happen next, and as such, we managed to stay on top of things and the actions of the labour authority. We are very thankful for the advice provided because we were advised not only about the processes and laws, but also in soft skills – proceedings which were very helpful.’

‘Very well versed with the local laws and the ability to into complex multi-jurisdictional matters. 2. Conscious of Client’s cost. Providing the most cost-effective solutions. 3. Treat Clients as part of their own team. We were particularly grateful of their support during the Covid-19 pandemic. 4. Always looking for solutions. Never show you the dead-end. 5. Always available and promptly respond to any queries. 6. Very humble and provide a great work environment for clients. ’

‘My contact point has been Ms. Veronika Kinclova, she has been an excellent support and is a brilliant lawyer. Her knowledge of local laws and in general laws of other EU states is very impressive. As an in-house counsel, managing costs is at the forefront of our agenda; Veronika is not only conscious of that but, makes every effort to help us reduce external costs. Furthermore, her ability to foresee risks and mitigate them beforehand is exceptional. She is a very humble person and is mindful of client’s time and is always ready with answers and solutions.’

Key clients

ADC studio s.r.o.

Arx Equity Partners

Atrium Group Services B.V.

Bühler CZ s.r.o.

CBRE Global Investors

Fortuna Game a.s.

Heimstaden Czech s.r.o.

KKCG Investments AG

Kordárna Plus, a.s.


M.L. Moran, a.s.




Saxo Bank

Showmax s.r.o.

Supermax Corporation Czech s.r.o.

Teijin Limited

Volkswagen AG


The firm: Clifford Chance is one of the world’s pre-eminent law firms, with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, it prides itself on its approachable, collegial and team-based way of working. The firm always strives to exceed the expectations of its clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organisations. It provides them with the highest quality advice and legal insight, which combines the firm’s global standards with in-depth local expertise.

Types of work undertaken
Capital markets: the capital markets practice concentrates on securities transactions and other products sold into the capital markets. The practice is founded on a full-service US and UK securities law capability, complemented by local securities law expertise in each of the key financial centres. It provides practical, integrated legal advice covering the full spectrum of global capital raising activities including public and private domestic and international offerings of traditional debt and equity securities as well as convertible and other derivative and structured securities.

Corporate: the corporate practice handles some of the world’s largest and most complex M&A transactions. It combines global transaction capability with a full service of English, US and civil law expertise in the key financial centres across Europe, the Americas and Asia Pacific. In addition to mainstream M&A, the firm also encompasses leading specialist practices in: commercial contracts, competition and antitrust, communications, energy, healthcare, financial institutions, funds, investment banking, insurance, media and technology, and private equity.

Finance: Clifford Chance’s finance practice is the leading international finance practice of any law firm. The practice provides highly commercial and practical advice across the full spectrum of financial products including syndicated lending and leveraged and acquisition finance, asset finance, derivative products, project finance, financial regulatory, insolvency, restructuring and structured finance.

Litigation, dispute resolution and risk management: the firm has experience in virtually all segments of the business and financial markets across multiple jurisdictions. The lawyers work with clients to resolve disputes efficiently and effectively – whether through arbitration, litigation or other techniques.

Real estate: Clifford Chance’s leading real estate practice offers UK, European, Asian and US real estate capability. The practice advises the real estate industry’s leading players on the entire property ‘life-cycle’ from the initial acquisition, development, leasing, joint venturing and financing through to the final exit, as well as tax structuring, PFI/PPP, corporate outsourcing, planning, environment and litigation.

Tax, pensions, employment and incentives: Clifford Chance has one of the world’s largest international tax groups within a single law firm. The firm is uniquely placed to provide leading edge advice to clients, and the practice is structured on an integrated global basis. Local tax groups within the practice work closely with areas such as securitisation, securities, M&A, corporate restructuring, private equity, real estate and funds.

The pan-European VAT group advises on all areas of VAT and has particular strength advising on novel and complex issues in the structured finance, financial services, corporate finance and real estate sectors.

The team of experienced employment, employee benefits, ERISA, immigration and pensions specialists work with clients from a wide range of sectors to address local and cross-border issues.

International offices:Abu Dhabi, Amsterdam, Bangkok, Barcelona, Beijing, Brussels, Bucharest, Casablanca, Dubai, Düsseldorf, Frankfurt, Hong Kong, Istanbul, Jakarta*, London, Luxembourg, Madrid, Milan, Moscow, Munich, New York, Paris, Perth, Prague, Rome, São Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Warsaw, Washington, D.C., Riyadh**

*Linda Widyati & Partners in association with Clifford Chance

**Clifford Chance has a co-operation agreement with Abuhimed Alsheikh Alhagbani Law Firm in Riyadh

Photo Name Position Profile
 Alex  Cook  photo Alex  Cook Alex Cook is an experienced corporate, private equity and joint venture lawyer…
 Emil  Holub  photo Emil  Holub Emil Holub is head of Prague’s real estate practice and widely recognised…
Number of partners : 550
Number of other fee-earners : 3,300

Advice To My Younger Self: Reflections of Successful Women Lawyers

Women lawyers open up about their careers and defining choices

Advice To My Younger Self: Reflections of Successful Women Lawyers is published by The Legal 500‘s GC Magazine in collaboration with Clifford Chance. Now in its second release, the book is a practical resource for anyone interested in charting a successful career path at a law firm or by moving in-house. It features interviews with 20 women partners, alumnae and in-house counsel, with additional contributions from members of Clifford Chance’s senior management and US-based recruiting team. Visit our website to learn more about practical tips for building your career.

RISING LAWYERS open up about their priorities and strategies for success

Their Voices: Insights from Today’s Rising Lawyers by The Legal 500‘s GC Magazine in collaboration with Clifford Chance. Geared primarily for students and junior lawyers, the book is a practical resource for those considering law school or just beginning a legal career. Twenty junior lawyers offer diverse perspectives on what inspires them about the law, and the strategies that are helping them stay in touch with their priorities and define the future of their careers. Their Voices also provides insights for senior lawyers as they mentor the next generation of leaders.