The team of bpv BRAUN PARTNERS PARTNERS in Prague expands its ranks with attorney Lenka Charvátová
The Prague team of bpv BRAUN PARTNERS welcomes a new addition! With effect from 1 March 2023, it will be strengthened by Mgr. Ing. Lenka Charvátová, a lawyer specialising in civil law, litigation, corporate and commercial law and insolvency law.
News in Energy legislation
The last several months have seen a number of developments that may or will have an impact on the energy business. We have put together a quick overview for your convenience.
bpv BRAUN PARTNERS advised the CREDITAS Group on the acquisition of the British group InterGen
bpv BRAUN PARTNERS advised the CREDITAS Group on the acquisition of a 100% stake in the British energy group InterGen. The sale was completed in these last few days of January and was subject to the usual regulatory approvals.
Amendment to the consumer law
The amendment to the consumer law came into force on January 6th 2023. In practice, this means that a purchase contract concluded today is already subject to the amended consumer law.
Ondrej Poništiak has joined the ranks of partners of bpv BRAUN PARTNERS
JUDr. Ondrej Poništiak, Ph.D. has become a new partner of bpv BRAUN PARTNERS with effect from 1 January 2023.
Levy on excessive revenues for electricity producers
On November 24, 2022 the Senate approved the draft amendment to the Energy Act introducing a 90% levy on excessive revenues for electricity producers with effect as of December 1, 2022.
Levy on excessive revenues for electricity producers
On October 6, 2022 the European Council issued Regulation (EU) 2022/1854 stipulating the framework for a levy on excessive revenues from electricity sales. The individual member states are to determine the details regarding the Levy, including its final amount and the conditions under which it will apply to electricity.
Slovakia: Amendment to the Labour Code
On 01.11.2022, an amendment to the Labour Code comes into force in Slovakia, transposing EU directives on transparent and predictable working conditions in the EU and on work-life balance for parents and persons with caring responsibilities.
Major amandment nto legislation o the registration of ultimate beneficial owners
On October 1, 2022 an amendment to the Act on the Registration of Ultimate Beneficial Owners came into effect.
bpv BRAUN PARTNERS assisted Austrian real estate company Immofinanz in one of the largest real estate transactions in the CEE region
bpv BRAUN PARTNERS advised its client, IMMOFINANZ, on the acquisition of 53 retail properties from CPI Property Group (CPIPG).
Special rules for heating and hot water during a (pre) emergency state and news on the energy-saving tariff
Several proposals for implementing regulations in the energy sector have been published in recent days:
SK: Is preventive restructuring the solution to high energy prices?
The world has been experiencing various crises recently. From the Covid virus pandemic, to the war in Ukraine, to the energy crisis. If companies want to survive, they have to react to these crises, and they are not always successful in doing so. Can preventive restructuring help companies solve the financial problems caused by high energy prices?
The energy-saving tariff and new powers for the Ministry of Industry and Energy Regulatory Office
On August 1, 2022, the President of the Czech Republic signed into law a new act amending the Energy Act and the Act on Promoted Energy Sources. The amendment will enter into force shortly, but the implementing regulations will be decisive in practice:
