The Ties That Bind: Czech-Slovak Legal Links
As the two countries maintain strong trade relations and extensive cross-border business activities, legal firms have recognized the need to establish a presence in both jurisdictions.
Advising MAHLE regarding the Czech aspects (share transfer and various carve-outs) of selling its thermostats business.
Congrats to our Prague team, Arthur Braun, Pavel Březina and Klára Procházková, who have assisted in a multijurisdictional transaction (legal lead: Jones Day Frankfurt) with the Czech legal aspects of automotive supplier MAHLE selling its thermostat business division to ADMETOS.
Can a Conservative Business go Digital?
Arthur Braun: “This is a matter of survival for law firms. They will become more digital, or they will disappear.”
“Privacy Shield 2.0” is here: the European Commission adopted the long-expected decision on the framework for personal data protection on data transferred to the USA
bpv BRAUN PARTNERS advised Gebr. Heinemann in acquisition share of Travel Free s.r.o. from UNIMEX GROUP
Znamená palec nahor (thumbs-up) uzavretie zmluvy
Martin Provazník sa podrobnejšie venuje pomerne kurióznemu súdnemu prípadu, ktorý nedávno prebehol médiami a nemal by nikoho nechať chladným, najmä tých, ktorí radi odpovedajú emotikonmi 👍 O čo vlastne išlo?
Does a thumbs-up mean a contract?
Martin Provazník takes a closer look at a rather curious court case that recently ran through the media and should leave no one cold, especially those who like to respond with emoticons 👍 What was it all about?
Amendment to the Energy Act Lex OZE II and it’s impact
The Czech government has approved the bill amending acts including the Energy Act (Act No. 458/2000), the Act on Supported Energy Sources (Act No. 165/2012), and other related acts. The bill is known to the public as Lex OZE II. Lex OZE II introduces a number of changes including the following:
REMA PV System lost its license to handle solar panel waste. Photovoltaic operators must look for a replacement or face a fine
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.
Whistleblower – Law in the Czech Republic
The long prepared and hotly debated law was passed a few days ago by the Lower chamber in its third reading without opposition and will most likely come into force on 1 July 2023.
bpv BRAUN PARTNERS assisted Plzeňský Prazdroj with a unique joint venture Pilsner Urquell Experience for half a billion crowns
bpv BRAUN PARTNERS provided legal advice and assistance to Plzeňský Prazdroj, a.s. in negotiations with QLS Assets a.s. on a “joint venture” with a total value of approx. half a billion CZK regarding the creation and operation of the “Pilsner Urquell Experience”.
bpv BRAUN PARTNERS advised UCED from CREDITAS investment group on its billion-crowns investment in the Prostějov power plant
The plant will double its capacity to 108 MW thanks to a new fast-start gas turbine to be delivered to UCED Elektrárny Prostějov by General Electric.
Update on Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) (sk)
On 28 March 2023, Members of the European Parliament from the relevant committees adopted an opinion on a new package of measures relating to the fight against money laundering and the financing of terrorism (AML/CFT).
