Clifford Chance > Prague, Czech Republic > Firm Profile

Clifford Chance
JUNGMANNOVA PLAZA
JUNGMANNOVA 24
110 00 PRAGUE
Czech Republic

Czech Republic > Banking, finance and capital markets Tier 1

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.

Czech Republic > Commercial, corporate and M&A Tier 1

The corporate and M&A team at Clifford Chance mainly focuses on advising clients on big-ticket mandates, including international M&A and joint ventures, but it also attracts noteworthy mid-level work. Its work covers a broad range of sectors, including pharmaceuticals, TMT, industrials and financial services. David Koláček and managing partner Alex Cook co-head the team, with Cook also serving as head of the Slovak desk for the firm. Michal Jašek is experienced in cross-border M&A deals governed by English law. Senior associate Stanislav Holec is dual-qualified in Slovakia and the Czech Republic. Veronika Kinclová is another name to note.

Practice head(s):

Alex Cook; David Koláček

Testimonials

‘The team is always available and able to present their opinion and work within exigent time schedules.’

‘Valued qualities include: ability to solve problems quickly and efficiently, multidisciplinary capabilities, innovative approach to the client, extensive experience, coordination, international reach and many others.’

Key clients

Allianz

Amorim

Aricoma Group

Arx Equity Partners

Assa Abloy

AutoCont Holding a.s.

Axa

CBRE Global Investors

Cinven

Colas Rail

Colfax Corporation

EMMA Capital

Energetický a průmyslový holding, a.s.

HB Reavis

Indorama Ventures Public Company Limited

Kimberly Clark

KKCG

M.L. Moran, a.s.

Mondelez

Penta Investments and Fortuna Entertainment Group

Pfizer Inc.

PPF

R2G a.s.

SAZKA Group

Swiss Life AG

Takko Fashion

Teijin Limited

Tencent

Volkswagen AG

Work highlights

  • Advising Tencent on the acquisition of a minority share in the biggest Czech gaming company Bohemia Interactive.
  • Advising KKCG on sale of 100% shareholding in Geewa, a.s. by its shareholders to Applovin.
  • Advising Pfizer Inc. on Czech and Slovak law aspects on the global spin-off and combination of Upjohn with global generics company Mylan N.V.

Czech Republic > Real estate and construction Tier 1

Clifford Chance is widely-hailed by clients as ‘market leaders in the Czech Republic for real estate.’ The firm's first-rate reputation derives from the expertise of its transactional team in significant domestic and cross-border real estate transactions. It has a strong track record in acquisitions and divestments in a number of sectors, including retail, offices and residential. Emil Holub and Miloš Felgr co-head the team, with Holub being noted for his M&A expertise and Felgr acting on real estate financings. Also recommended are Aneta Disman and Milan Rákosník.

Practice head(s):

Emil Holub; Miloš Felgr

Other key lawyers:

Testimonials

‘Diversified team with a palette of skills.’

‘Client-oriented team members with an exceptional “chemistry”, which fits our company environment.’

‘Group of excellent professionals with the best real estate knowledge in the market.’

‘Market leaders in the Czech Republic for real estate. Main area linked to investment sales and acquisitions. Strong leadership involvement in transactions and a diverse and collaborative team.’

‘Emil Holub is recognised as the leading real estate lawyer in the Czech Republic, supported by a strong and diverse senior team.’

‘Knowledge of the subject, team empathy, always within the deadline, perfect value for the money, market standard overview (creating its own market standard).’

‘Aneta Disman – a very intelligent and diligent person having deep knowledge of the subject and extraordinary clients’ care.’

Key clients

Allianz Real Estate Germany GmbH

Atrium European Real Estate

bpd partners

CA Immo

CBRE Global Investors

Corporate Finance House Group

Crestyl

Cromwell Real Estate and Cromwell EREIT

CTP

Dubai World

Erste Group

Europa Capital

Generali Real Estate

Goldman Sachs

GLP

Heimstaden Bostad AB

J&T Real Estate

Kirkbi A/S

Unibail-Rodamco

White Star Real Estate

Work highlights

  • Advising Heimstaden Bostad AB on the acquisition of the RESIDOMO residential portfolio of over 42,000 units.
  • Advising Corporate Finance House Group on acquisition of over CZK 4bn of Churchill Square office from Penta Real Estate.
  • Advising Generali Real Estate on the acquisition of Kotva Department Store in Prague city centre.

Czech Republic > Tax Tier 2

Clifford Chance‘s ‘key strength is the unique combination of international tax and legal knowledge’, with the firm able to advise large corporates on a myriad of taxation concerns. Restructurings are a key area of strength for the firm, alongside its overall transactional and tax planning practice. The team is also able to advise clients on the tax aspects of debt and equity financing, with Petr Šebesta particularly regarded for this work. The practice is led by David Koláček, who has almost 30 years of experience in the Czech legal market.

Practice head(s):

David Koláček

Other key lawyers:

Testimonials

‘The key strength is the unique combination of international tax and legal knowledge.’

‘Petr Šebesta- senior counsel, experienced in M&A and energy sector.’

Key clients

Sev.en Energy Goup

Volkswagen AG

LG International

TCCM

CPI Property Group

J & T Banka

KPMG Česká republika

Heimstaden Bostad AB

Pfizer

CBRE Global Investors

AXA

Work highlights

  • Advising on tax structuring of Sev.en Energy group’s cross-border expansion.
  • Advising Heimstaden Bostad AB on tax structuring of acquisition of the RESIDOMO.
  • Advising the AXA Group on tax aspects in the signing of the €1bn agreement with the UNIQA Insurance Group.

Czech Republic > Dispute resolution Tier 3

Clifford Chance's team has extensive expertise in dispute avoidance, in addition to working with practitioners in other departments to support clients in litigation and arbitration proceedings. Drivers of work include contentious financial services, construction, competition and insolvency matters. Miloš Felgr and Emil Holub co-head the group, which is prominent in high-profile cases; in one ongoing mandate, Felgr and others are acting for Seznam.cz as an intervening party supporting the European Commission in the widely-publicised Google Android case. Counsel Tomáš Richter left for JŠK, advokátní kancelář, s.r.o. in April 2021.

Practice head(s):

Miloš Felgr; Emil Holub

Testimonials

‘The team is formed by competent professionals specialized in different fields of law, which enables them to cover almost every possible legal agenda.’

‘One of two preferred insolvency law firms in the Czech Republic. Quite experienced and skilled team for insolvency.’

Key clients

Seznam.cz

Moravia Steel

Komerční banka, a.s.

Colas CZ

Inžinierske stavby, a.s.

TEMPERATIOR s.r.o.

Work highlights

  • Representing Seznam.cz, a.s. as an intervener supporting the European Commission in Google’s abuse of dominance case.
  • Representing Komerční banka, a.s. as a secured creditor within insolvency-related litigation in front of the Constitutional Court.
  • Representing Colas CZ, a.s. in its defence before the Czech Competition Office and Czech courts in relation to alleged participation in a bid-rigging case.

Czech Republic > Projects and energy Tier 3

Czech Republic > Employment Tier 4

In addition to providing M&A-related support, Clifford Chance‘s employment practice is highly sought-after in its own right for advice on wide variety of day-to-day issues. The group's expertise includes collective bargaining negotiations, restructurings and collective dismissals, as well as sensitive terminations and the implementation of remuneration and benefits schemes. Recent work included mandates related to Covid-19, such as advice on return to work policies and employee testing. Managing partner Alex Cook and David Koláček co-head the team. Veronika Kinclová is praised for being ‘very competent with fast turnarounds, and business practical in her legal advice’. 

Practice head(s):

Alex Cook; David Koláček

Other key lawyers:

Testimonials

‘Aan innovative approach to problems, support in difficult negotiations.’

‘Veronika Kinclova has demonstrated a positive approach to problems, showing a commitment to solving all issues and leading us through the whole process very smoothly’

‘Our personal contact within Clifford Chance Prague LLP was very competent, fast turnarounds, business practical in her legal advice and always made herself available, sometimes at short notice.’

‘Deep knowledge of the market, great expertise.’

‘Veronika Kinclova is a very experienced HR lawyer.’

‘I simply learned a lot from them while working together on a labour-related case. I have worked with other law firms in the past concerning the same area of labour law and received a similar level of service provided. However, cooperation with Clifford Chance and Veronika Kinclova, in particular, was very pleasant, refreshing in the sense that I have worked with a professional in the right place and it enabled me to share and expand my horizons.’

‘I have experienced and enjoyed the following: high level of expertise and experience, and getting to the risky areas very quickly and addressing them in the correct way. Very professional and gracious attitude. It has been a real pleasure to work with Veronika Kinclová.’

Key clients

AOC Resins Česká a.s.

Arx Equity Partners

Assa Abloy Entrance Systems spol. s r.o.

Atrium Group Services B.V.

Bühler CZ s.r.o.

CBRE Global Investors

Fortuna Game a.s.

KKCG Investments AG

Kordárna Plus, a.s.

Mondelez

M.L. Moran, a.s.

Panduit

Pfizer

Prologis

Saxo Bank

Showmax s.r.o.

Supermax Corporation Czech s.r.o.

Teijin Limited

White Star Real Estate s.r.o.

Zoetis

Work highlights

  • Advised Pfizer on collective dismissal of approx. 200 employees.
  • Advised AOC HOLDING INTERNATIONAL B.V. on transfer of employees from Spolek pro chemickou a hutni vyrobu, akciova spolecnost to Polyeste.
  • Advised CBRE Global Investors on various COVID related measures.

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

PhotoNamePositionProfile
Alex  Cook photo Alex CookAlex Cook is an experienced corporate, private equity and joint venture lawyer…
Emil  Holub photo Emil HolubEmil 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

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http://www.legal500.com/clifford-chance/advice-to-my-younger-self


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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.

http://www.legal500.com/clifford-chance/their-voices