The bpv BRAUN PARTNERS team advised the investment fund IROMET on the acquisition of the assets of the insolvent Liberty Ostrava – a strategically significant steel producer with more than 70 years of tradition under the Nová huť brand.
This was one of the most complex transactions of the year on the Czech market – a challenging legal and financial process with major implications for regional industry and employment. Our advisory services covered legal due diligence, negotiation of transaction documentation, and representing in financing of the transaction.
“One of the key challenges was addressing environmental burdens and emission allowances, requiring not only in-depth knowledge of EU legislation but also a strategic mindset for legal solutions”, says David Vosol, who led the team together with František Čech, David Plevka, and Adam Dobiáš.
REMA PV Systém, a.s. (now XSOLAR REUSE SYSTÉM a. s.) no longer has a license to operate a collective system for solar panels. It is not registered in the list of subjects with the necessary permits published by the Ministry for the Environment.
On October 1, 2022 an amendment to the Act on the Registration of Ultimate Beneficial Owners came into effect.
Proud to have assisted our client Heidel Verwaltungs GmbH with the sale of its container factory in Rozvadov, with over 35,000 sqm, and machinery, stores and raw materials.