PRK Partners
(The following information was supplied by the firm)
PRK Partners (‘PRK’) is a leading regional full-service law firm with a team of experienced legal and tax professionals and thirty years’ experience in providing outstanding service in Central Europe. The firm has worked on many of the region’s largest and most complex transactions.
With offices and teams in both the Czech Republic and Slovakia PRK is perfectly suited for cross-border matters between these two countries. PRK combines profound knowledge of the local legal system with an international perspective. The firm frequently works on a non-exclusive basis with leading international law firms on large cross-border transactions. PRK’s team is led by highly experienced and internationally educated partners. Members of the team are eminent academics who have been participating in the recodification processes in the Czech Republic and Slovakia.
PRK is consistently recognised among the top law firms by leading international and domestic directories and rating agencies and has been honoured with numerous awards (e.g. Best Law Firm of the Year for Banking and Finance and Best Czech Law Firm on International Markets in the prestigious domestic Law Firm of the Year competition). The firm has a strong commitment to corporate social responsibility and pro bono work. PRK Partners is a member of Lex Mundi (exclusive member for the Czech Republic) and Celia Alliance.
OUR VALUES
Stability – Having held a leading position in the legal services market for more than 25 years, we pride ourselves on our stability.
Teamwork – We offer a welcoming environment and the chance to work in small teams led by Partners who are leading experts in their fields.
Experience – We are always ready to share our experience and give our advice. We work for both local companies and large multinational corporations.
Education – We believe in ongoing professional training, reflected in our sophisticated in-house training programme.
Friendliness – We offer a warm and friendly office spaces in the historical centre of Prague, Bratislava and Ostrava.
Responsibility – We take corporate social responsibility seriously and regularly participate in pro bono projects. We engage in sponsorship, donate to charity and support young artists.
LANGUAGE DESKS
French
We support French-speaking clients based in France, Switzerland, Belgium and other jurisdictions in various areas, including corporate, real-estate, M&A, contract law and employment. Our French desk is currently led by our Partner François Veit, a member of both the Paris Bar (Barreau de Paris) and the Czech Bar Association.
Key Contact
Partner – Francois Veit
[email protected]
www.prkpartners.com
German
We provide German-speaking clients from Germany, Austria and Switzerland with comprehensive legal and tax advice. This includes support in various areas such as M&A, corporate, real-estate, banking, public procurement, insolvency and restructurings, judicial and arbitration proceedings and tax. PRK is a member of the Czech-German Chamber of Industry and Commerce and a member of the HST Chamber of Commerce Switzerland – Czech Republic, of which our partner Marek Prochazka has been President for a number of years. We work in partnership with leading law firms in Germany, Austria and Switzerland, to which we can turn if our clients need external advice. This allows us to provide top-level, sophisticated legal solutions in cross-border assignments.
Key Contacts
Partner – Marek Procházka
[email protected]
www.prkpartners.com
Partner – Václav Bílý
[email protected]
www.prkpartners.com
MAIN PRACTICE AREAS:
Banking & Finance
Capital Markets
Competition Law & State Aid
Compliance
Corporate
Dispute Resolution
Environmental Law
Food, Drugs & Medical Devices
Information & Communication Technology
Infrastructure & Energy
Insolvency & Restructuring
Intellectual Property
Labour Law & Employment
Media & Marketing
Mergers & Acquisitions
Project & Investment Incentives
Public Procurement
Real Estate
Tax Advisory
Trade & Commerce
INDUSTRIES:
Automotive
Energy
Financial Sector
Hospitality and Leisure
Industrials and Manufacturing
Information and Communication Technologies
Insurance & Reinsurance
Life Sciences and Healthcare
Media
Natural resources
Real Estate & Construction
Retail
Transport & Logistics
Key Contacts
Partner
Jan Kohout
[email protected]
Partner
Robert Nemec
[email protected]
Partner
Radan Kubr
[email protected]
Executive Director
Gabriela Csontosova
[email protected]
Firm Rankings
Banking & Finance
Band 1
9.0
Capital Markets
Band 2
8.7
Capital Markets: Debt
Band 1
9.0
Capital markets: Equity
Band 3
7.0
Company
Band 1
Competition/Antitrust
Band 2
8.0
Compliance
Band 1
Corporate/M&A
Band 3
7.2
Dispute Resolution
Band 2
8.0
Energy
Band 2
8.0
IP
Band 3
7.0
Labour & Employment
Band 2
8.7
Projects
Band 2
8.0
Real Estate
Band 3
6.0
Restructuring & Insolvency
Band 3
7.0
Tax
Band 2
8.0
TMT
Band 3
7.0
Transport
Band 1
Lawyer Rankings
Articles
On 12 September 2023, the Parliament adopted an amendment to the Labour Code implementing the European Directives on work-life balance (No. 2019/1158) and on transparent working conditions (No. 2019/1152), which were to be implemented in the member states by August 2022. The Amendment will become effective probably already on 1 October 2023 and so, employers […]
We are thrilled to announce the completion of our latest pro bono project: free electronic guides on the taxation of Ukrainian IDPs both in Ukraine and in their countries of actual residence. We have developed this valuable resource in collaboration with esteemed colleagues from INTEGRITES (Ukraine, Kazakhstan) Heuking Kühn Lüer Wojtek (Germany), Domanski Zakrzewski Palinka (DZP) (Poland), Advokátska kancelária CREDIS Law (Slovakia), and Garrigues (Spain). […]
The Italian supervisory authority has ordered OpenAI, the US-based developer of the popular ChatGPT platform, to immediately suspend processing of personal data of its Italian users. The decision is temporary and will stay in place until OpenAI ensures compliance with data protection rules. Among the reasons for the suspension order, the supervisory authority cited: Failure […]
Jan What sets PRK Partners apart from other firms in Czechia? I think our history sets us apart. Our founders Marek Prochazka and Radan Kubr went back to the Czech Republic shortly after the Velvet Revolution. They were trained by international firms overseas and returned with that sort of work ethic and attention to client […]
The Slovak Republic is a landlocked country in the heart of Europe. The country borders Poland to the north, the Czech Republic to the west, Austria to the southwest, Hungary to the south and Ukraine to the east. The Slovak Republic comprises 49,035 square kilometres. Originally part of Czechoslovakia, it is divided into eight regions, […]
Meta Platforms Ireland Limited (“Meta”) has been fined EUR 1.2 billion for breaches of the GDPR due to lack of proper safeguards in place for transferring personal data outside the European Union (EU). The fine, imposed by the Irish Data Protection Authority (IE DPA), is the largest-ever penalty imposed under the GDPR. Meta’s unlawful […]
Supplier relationships and their management are one of the six main areas of governance covered by the European Sustainability Reporting Standards (ESRS, November 2022 draft; see here for more details). In this part of our series, we focus on what businesses will be required to report under Requirement G1-2 – Management of Supplier Relationships. Supplier Relationship Management […]
The SME Fund offers financial support to small- and medium-sized enterprises established in the European Union to cover the costs of protecting their intellectual property, including trademarks, industrial designs, patents and new plant varieties. Read more
New legislation on cybersecurity is expected to be passed in response to the implementation of the NIS2 Directive. The law should be endorsed and enter into force as early as mid-2024, but no later than 17 October 2024 in accordance with the transposition requirements. Read more
Many website operators are still unclear about the requirements for cookie bars and their correct implementation in accordance with GDPR and the Electronic Communications Act. Below is an example of an appropriate graphic design with a brief checklist of required features. Read more
On 2 May 2023, new rules of the Digital Markets Act (DMA) that will have a major impact on core platforms providing digital services within the EU entered into force. The purpose of the Regulation is to ensure fair and open competition in the digital sector and to curb unfair practices of large online technology […]
Governance is primarily covered in the ESRS G1 Business Conduct section of the European Sustainability Reporting Standards framework (ESRS, November 2022 draft). Requirement G1-1 represents one of its six main areas. In this article, we cover the information required for reports under the G1-1 Corporate Culture and Business Conduct requirement. The importance of the G1 […]
Personal data transfers to third countries are a sensitive topic, in particular after the invalidation of the Privacy Shield in 2020. In late February, the European Data Protection Board (EDPB) issued two sets of guidelines on transfers of personal data to third countries, i.e. Guidelines 05/2021 on the Interplay between the application of Article 3 […]
Our Ukrainian PRK Partners team understands the expectations of entrepreneurs and the specifics of conducting business under martial law very well. To insure investments against the risks of war, Ukraine already cooperates with the World Bank’s MIGA agency and the American DFC agency. We offer the most pertinent information in our complimentary monthly digest spurring businesses to […]
Our Ukrainian PRK Partners team understands the expectations of entrepreneurs and the specifics of conducting business under martial law very well. To insure investments against the risks of war, Ukraine already cooperates with the World Bank’s MIGA agency and the American DFC agency. We offer the most pertinent information in our complimentary monthly digest spurring businesses […]
In early March 2023, the European Chinese Lawyers Association (ACLE) held its annual member meeting and a themed seminar titled “Legal Challenges for Chinese Companies in Europe in the New Era” in Zurich, Switzerland, celebrating the 10th anniversary of ACLE’s establishment. At the member meeting, our colleague and attorney Shiyang Zhang was elected a new director of […]
The acronym ESG has recently become more and more common in business circles. Therefore, we have decided to write up this short article to help you understand what ESG is and what it means for business relationships. The acronym ESG (Environmental, Social, and Governance) refers to the new requirements in the field of social responsibility, corporate governance […]
Last year, citizens of Ukraine fleeing the war conflict had the opportunity to apply for temporary protection in EU countries, which allowed them to stay in these countries until 31.3.2023. Due to the continuation of the war, in accordance with the opinion of the EU Commission, temporary protection has been extended in the Czech Republic […]
It might seem that the year 2025 is quite far away, but we at PRK Partners are already engaged in projects scheduled for that year. Most recently, we have started work on management of the Expo 2025 event, to be held in Osaka, Japan. Our team led by Jakub Lichnovsky, partner, & Jaroslava Malcova, senior attorney, is representing the […]
Lawyers have long relied on technology for help. However, there has been no evidence until now that technology would take over attorneys’ thinking and working. That is changing with the ushering of artificial intelligence into the realm of the written word. In late November 2022, OpenAI, one of the world’s forefront AI companies, unveiled its […]
The Corporate Sustainability Reporting Directive (CSRD) took effect on 5 January 2023. This directive amends the Non-Financial Reporting Directive of 2014 (NFRD) and introduces more detailed requirements for non-financial reporting in the area of ESG. Companies subject to the CSRD will be required to report in accordance with the European Sustainability Reporting Standards (ESRS). The […]
A draft of a preventive restructuring act is being discussed in the Czech legal environment to implement the EU directive on restructuring and insolvency (directive (EU) 2019/1023). The aim of the new legal regulation is to introduce an out-of-court restructuring model with shorter times to improve operations and the balance sheets of debtors in financial […]
At the end of September 2022, the European Commission (EC) published the long-expected proposals for legal regulation on civil liability for damage caused with the involvement of artificial intelligence (AI Liability) and liability for damage caused by a defective product (Product Liability). Whereas a proposal on AI Liability already existed (Civil liability regime for AI, […]
PRK Partners initiated and led the preparation for an international comparative study on the development of online courts. Legal experts from a number of countries participated, including several Lex Mundi law firms. The study was also a research project by our intern student-researcher from Barcelona, Mr. Antonio Garrido Reus. Masaryk University in Brno also participated in the […]
PRK Partners’ dispute resolution team, having extensive experience in the defence of clients against class actions, became the exclusive contributor for the Czech Republic to the newly published Collective Redress & Class Actions 2022 Chambers Global Practice Guide, which contains the latest legal information on the implementation of the EU Collective Redress Mechanism; the procedure for […]
After successful publication of the first edition our pharma law expert Monika Maskova and ICT and IT expert Michal Matejka from our Prague office have been invited by the publisher Pharmaboardroom.com to prepare the updated edition of the guide to the legal regulation of the pharmaceutical sector in the Czech Republic which has just been published. Read more
ODR Track is annual online only conference and discussion forum organized by PRK Partners and Masaryk University Brno and dedicated to questions of e-justice and online dispute resolution (ODR). This year’s topic is Sharing experiences from existing online courts and preparatory projects in Europe, comparative discussion with other parts of the world. Top presenters from 10+ European countries, including representatives […]
Europe is awaiting the evolution of cybersecurity. On 3 May 2022, the Council and the European Parliament agreed on the so-called NIS 2 Directive (Directive on measures for a high common level of cybersecurity across the Union). NIS 2 repeals the currently effective NIS Directive. What is going to change? NIS 2 expands the range of […]
The Times They Are a-Changin’ – such a description is more than appropriate for the municipality-developer relationship in recent months in the Czech Republic. The adoption of a new construction code promises to bring fresh wind into development projects and improve the relationships between these two major players. This is most likely to happen thanks to […]
Russia’s military aggression in Ukraine and the subsequent wave of refugees has been a new challenge for all European countries – and the Czech Republic is no different. A very low unemployment rate and a shortage of workers is a long-standing problem in Czechia and, thus, this new situation brings not only challenges but also […]
Over the past few years, the phenomenon of ESG has grown in importance at a breathtaking speed. Originally an instrument in the financial markets allowing investors to better assess the risks in their investments, ESG has further evolved into a major legislative effort of the European Union. In countries with significant financial markets, ESG has […]
On June 21, 2022 PRK Partners, attorneys at law, along with its partners from EnviTrail, COM.SE Consulting, Digital First Marketing Group and T-Mobile Czech Republic a.s, launched a new online platform, CSRD (https://csrd.cz/), focusing on all ESG-related issues. During the platform launch, several great speakers provided their opinions on the latest developments in the area of ESG. PRK Partners was represented by Marek Prochazka, Founding […]
For the entirety of 2021 and also the first half of 2022, building materials have been in short supply and their prices have been growing significantly, making the building contractors, having problems with completing their works under construction on schedule and on budget, and the investors, with their projects getting more and more expensive every […]
The purpose of this guidebook is to provide newly incoming and existing businesses with comprehensive information about investing in the Czech Republic. PRK Partners partner Jakub Lichnovsky authored the article titled Protect your intellectual property rights where he details trademarks, patents and copyrights. The Czech Business Guide 2022 was created together with the Association for Foreign Investment, a group of […]
PRK team lead by partner Jakub Lichnovsky has achieved a significant legal success when the Supreme Administrative Court of the Czech Republic ceased the cassation complaint proceedings and rejected the complaint filed by the plaintiff in the matter of the building permit for the construction of the “Horní Tošanovice Industrial Zone”. For more information visit prkpartners.com
In a decision of 2 February 2022, the Belgian Data Protection Authority found the “Transparency and Consent Framework” (TCF) created by IAB Europe to be illegal. The vast majority of online operators in the EU, including Amazon, Google and Microsoft, rely on TCF as a tool for their GDPR compliance. According to the decision, all personal […]
In a decision of 2 February 2022, the Belgian Data Protection Authority found the “Transparency and Consent Framework” (TCF) created by IAB Europe to be illegal. The vast majority of online operators in the EU, including Amazon, Google and Microsoft, rely on TCF as a tool for their GDPR compliance. According to the decision, all personal data […]
In the runup to Christmas, two interesting opinions were issued by public authorities that address some controversial matters frequently encountered in practice regarding cookies and telemarketing. On 22 December 2021, the Office for Personal Data Protection issued an opinion in the form of a reply to questions raised about the new legislation on cookies under […]
The possibility of the employer to investigate whether its employees are vaccinated against COVID-19 was subject of heated debate in Slovakia. The prevailing view was the employer could not request such information from them as allegedly there was no legal basis for it in the Labour Code or other regulations. Surprisingly, such view was also […]
In May 2021 the Slovak Parliament adopted a new Slovak act No. 187/2021 Coll. on protection of economic competition (New Act) which is effective since 1 June 2021. The New Act introduced number of changes in various areas. Turnover tests for mandatory notification of transactions for merger control were partially changed as well. In particular […]
Beginning next year, Czech ecommerce merchants will very likely have to rethink their online marketing consents, and this includes more than just cookies. On 15 September 2021, the Chamber of Deputies approved an amendment to Act No. 127/2005 Coll. on Electronic Communications, which implements the European Electronic Communications Code (Directive (EU) 2018/1972). The amendment also […]
On May 25, 2018, the personal data protection rules in the Czech Republic were substantially changed. The Regulation (EU) 2016/679 of the European Parliament and of the Council (General Data Protection Regulation or GDPR) became directly applicable law in all EU Member States after a two-year transition period. Thus, the principles of the personal data protection […]
The COVID-19 pandemic has accelerated the digital evolution of clinical trials. Introducing new technologies and ways of working with clinical data, improving clinical data access, review, and monitoring processes, and making better use of the data for further scientific research are trends that are here to stay. Side by side with these developments come legal […]
HR Digitalization in the Czech Republic Recently, the topic of digitalization became important in all areas due to the current pandemic of COVID-19, which brought the need to look for an alternative to paper solutions. However, many employers are still hesitant about whether the switch to electronic documents in HR in the Czech Republic due […]
SUMMARY. An Amendment to Act No. 72/200 Coll. on Investment Incentives (the “Act”) opens the possibility for recipients of investment incentives to request an extension of the deadline for fulfilling the general grant conditions, subject to proper submission of a request. The extension is for up to two years, i.e. the period for fulfilment can […]
Press Releases
Piletilevi is a leading provider of ticketing services for cultural events in the Baltic states. The acquisition of Czech GoOut is part of Piletilevi’s ambitious plan to expand across Europe. GoOut was launched in 2011 as a review site for cultural events. In 2019, the company made the Deloitte Technology Fast 500 EMEA ranking, which […]
We are thrilled to announce the completion of our latest pro bono project: free electronic guides on the taxation of Ukrainian IDPs both in Ukraine and in their countries of actual residence. We have developed this valuable resource in collaboration with esteemed colleagues from INTEGRITES (Ukraine, Kazakhstan) Heuking Kühn Lüer Wojtek (Germany), Domanski Zakrzewski Palinka (DZP) (Poland), Advokátska kancelária CREDIS Law (Slovakia), and Garrigues (Spain). […]
Piletilevi is a leading provider of ticketing services for cultural events in the Baltic states. The acquisition of Czech GoOut is part of Piletilevi’s ambitious plan to expand across Europe. GoOut was launched in 2011 as a review site for cultural events. In 2019, the company made the Deloitte Technology Fast 500 EMEA ranking, which […]
PRK Partners’ team, headed by partners Jakub Lichnovsky and Martin Kriz, is also this year the exclusive contributor for the Czech Republic to the Alternative Energy & Power 2023 Chambers Global Practice Guide, which features a unique comprehensive overview of 33 jurisdictions and provides the latest legal information on the principal laws governing the structure and ownership of the power industry; […]
Lawyers of PRK Partners advised the banks Česká spořitelna, Komerční banka, J&T BANKA, and UniCredit Bank Czech Republic and Slovakia, as lead co-managers of the new bond issue by CZECHOSLOVAK GROUP a.s. (CSG) in the amount of CZK 4.5 billion at the issue date, with an option of an increase up to CZK 5 billion. […]
Today, we are thrilled to announce the completion of our latest pro bono project: free electronic guides on the taxation of Ukrainian IDPs both in Ukraine and in their countries of actual residence. We have developed this valuable resource in collaboration with esteemed colleagues from INTEGRITES (Ukraine, Kazakhstan) Heuking Kühn Lüer Wojtek (Germany), Domanski Zakrzewski Palinka (DZP) (Poland), Advokátska kancelária CREDIS Law (Slovakia), […]
PRK Partners provided comprehensive legal services to Electrostar Group, a German electronics manufacturer under brand name Starmix with a history back to the early twenty’s of the 20th century, in connection with establishment of the client’s operations in the Czech Republic. PRK Partners in particular assisted the client with the acquisition of an industrial site of almost 20,000 […]
PRK Partners s.r.o., successfully represented a PRO BONO client who had undergone gender reassignment in a dispute concerning the renewal of university diplomas with updated personal details. The Regional Court in Ostrava – Olomouc Branch ruled in favor of our client, affirming their rights against the inactivity of the administrative authority – Palacký University in […]
PRK Partners, in cooperation with lead counsel Freshfields Bruckhaus Deringer has advised The Yokohama Rubber Co., Ltd., on acquiring the entire wheel systems business of Swedish-listed Trelleborg AB, for an enterprise value of over EUR 2 billion. Read more
PRK Partners s.r.o., a leading law firm, successfully represented a PRO BONO client who had undergone gender reassignment in a dispute concerning the renewal of university diplomas with updated personal details. The Regional Court in Ostrava – Olomouc Branch ruled in favor of our client, affirming their rights against the inactivity of the administrative authority […]
PRK Partners provided comprehensive legal services to Electrostar Group, a German electronics manufacturer under brand name Starmix with a history back to the early twenty’s of the 20th century, in connection with establishment of the client’s operations in the Czech Republic. Read more
Monika Maskova, partner at PRK Partners and specialist in Life Sciences law, has been nominated among six finalists for the SPC Litigator of the Year in the LMG Life Sciences Awards 2023 EMEA. The Awards showcase legal excellence and recognize the leading law firms and lawyers from across the region in the Life Sciences industry. […]
PRK Partners has been named the Best Law Firm of 2022/23 by Lawyers & Business Magazine at a gala evening held at Brick’s restaurant on 22 May 2023. The awards are based on responses to an anonymous survey of law firms received by the magazine. According to the information from the organizer of the competition, “PRK Partners collected […]
We provided legal services to Taiwania Capital Management Corporation (an administrator of Taiwan’s Central and Eastern Europe (CEE) Investment Fund of approx. USD 200 million) in connection with its investment in a Slovak technological startup Photoneo, a leading provider of robotic vision and intelligence. Our role included conducting the due diligence of the target company, drafting and negotiating […]
PRK Partners Partner Vaclav Bily has been selected to join the Final Selection Committee for the 2022 CEE Deals of the Year Awards — the most prestigious peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deal of the Year Awards have been granted since 2017 by CEE Legal Matters — the leading […]
The new edition of The Legal 500 EMEA 2023 rating law firms in Europe, the Middle East, and Africa (EMEA) has arrived. The Legal 500 Series, which is widely acknowledged as the world’s largest legal referral guide, once again ranks PRK Partners as a Top Tier Law firm. According to The Legal 500, more than 300,000 corporate counsels were surveyed […]
According to Forbes magazine, PRK Partners is one of the TOP 5 largest law firms in terms of revenue. In addition to this prestigious award, PRK Partners has ranked among the TOP Lawyers in Business in two of the five categories – Banking and Finance and Litigation. Five areas of law that are particularly important to businesses were […]
Jan Kohout, Partner of PRK Partners, has joined a business delegation from the Czech Republic to the USA, which is part of a working trip of Mr. Jozef Sikela, Minister of Industry and Trade of the Czech Republic. The delegation is comprised of a large number of Czech technological start-ups and successful companies, and includes representatives […]
The Chambers Europe Guide 2023 confirms PRK Partners’ consistently high level of service and another member of its team receives a personal professional award For the seventeenth year running, PRK Partners is once again a highly rated and recommended law firm in the latest edition of the Chambers Europe Guide 2023. PRK Partners receives recognition […]
Discussions and presentations on the investment and industrial real estate market in Central and Eastern Europe and legal aspects of transactions and project development by Jakub Lichnovsky (partner PRK Partners) and Kevin Turpin, CRE (Colliers) also on behalf of the Association of Foreign Investment (AFI) (Sdružení pro zahraniční investice – AFI) as a platform for cooperation and support of […]
PRK Partners Partner Roman Pečenka has been selected to join the Country Selection Committee for the 2022 #CEEDealsoftheYearAwards — the most prestigious peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deal of the Year Awards have been granted since 2017 by CEE Legal Matters — the leading source of news and information about the lawyers and […]
PRK Partners is proud to announce the appointment of a trio of seasoned attorneys, Tomas Bures and Jan Varecha from the Prague office, and Eva Hromadkova from the Bratislava office, to new positions of Associate Partners. They will not only be an asset to our team, but will also serve as mentors for junior colleagues and will contribute to the continued […]
One of the most notable events in the real estate market, the MIPIM conference will take place in Cannes, France from 14 to 17 March 2023. It will host interesting presentations and exhibitions and it will also be a great place to meet top professionals in the industry. PRK Partners will be represented by partner Jakub Lichnovsky, […]
Monika Maskova, PRK Partners’ partner, was invited to an event organized by Irish Ambassador Cliona Manahan in cooperation with the Newstream.cz Business Club of Czech and Slovak Women and Enterprise Ireland. The evening presented interesting roundtable discussions, the central theme of which was Innovative Women Shaping the Future. The discussions covered a range of topics, including the necessity of using […]
Lawyers of PRK Partners, who have been representing automaker Volkswagen in diesel engine disputes, have scored a success in a court case against the company, which filed a class action claim on behalf of the owners of the affected vehicles. The District Court in Mladá Boleslav dismissed the class action, ruling that the plaintiff did […]
PRK Partners, Attorneys at Law, were ranked again among the five best law firms in the Czech Republic in the Chambers Europe Awards 2023 Shortlist, which has been just released. The rankings and the shortlist are the result of extensive research and thousands of interviews conducted by Chambers’ team of over 200 independent analysts. The […]
Based on our aapplication, a decision handed down by a regional court acting as an administrative court was annulled. The judgment of the Supreme Administrative Court dismissed an action seeking protection from the administrative authority’s inaction and its alleged delay. The original administrative court will therefore finally have to examine whether the administrative authority acted […]
Led by Torsten Rosenboom (Partner) and Matthias Murr (Senior Associate), global law firm Hogan Lovells has advised the owner of the Polish-Czech RGW Express Group Hartmut Luetz on the sale of 100 percent of the company’s shares to French BBL Group. Founded in 1983 by Hartmut Luetz, RGW Express Group operates as an IATA cargo […]
PRK Partners has initiated a proposal for a project for forward-looking open online environment for resolving dissatisfactions across various sectors (healthcare, finance, car industry etc.). The main goal of this project is to design and develop new type of online platforms, capable of providing and accessing artificial intelligence (AI) services for people assisting them to resolve […]
PRK PARTNERS has been named Best Law Firm of the Year for Banking and Finance and Best Czech Law Firm on International Markets in the 15th year of the prestigious domestic Law Firm of the Year competition organized by EPRAVO.CZ under the auspices of the Czech Bar Association and the Ministry of Justice of the Czech Republic. The award ceremony took place at a gala on 7 November […]
Miriam Galandova, a partner in our Bratislava office, has been elected the new president of the Slovak Chamber of Tax Advisors. Miriam holds an LL.M. in international arbitration and commercial law from the University of London, a J.D. from the Bratislava School of Law, and a Masters’ degree from the Faculty of Commerce at the University […]
PRK Partners has once again proven it meets the demanding criteria for a responsible and sustainable business and has been awarded the TOP Responsible Firm award in the small enterprises category by independent judges in the TOP RESPONSIBLE COMPANY 2022 competition. The award was received by PRK Partners’ managing partner JUDr. Vaclav Bily, LL.M., Ph.D. at a ceremony held […]
A team from PRK Partners headed by experienced senior attorney Jan Ditrych advised KARO Leather a.s., the leading leather processing company in the CEE region, on the public subscription of shares on the START market of the Prague Stock Exchange. KARO Leather a.s. successfully placed the entire issue of new shares, thereby obtaining CZK 132 million for its development. […]
PRK Partners has again been selected among the six best law firms in Central Europe by The Lawyer European Awards 2022. This recognition of PRK Partners as a top-tier regional law firm was confirmed by the expert panel set up by the internationally recognized legal magazine The Lawyer. The other finalists that will attend the awards ceremony to be held […]
We provided advice to the leading co-managers (Ceska sporitelna, Komercni banka and UniCredit Bank Czech Republic and Slovakia) in the sale of bonds issued by EPH Financing CZ, a.s. secured by a financial guarantee provided by Energeticky a prumyslovy holding, a.s. The maximum volume of the bond issue is CZK 2.5 billion. The securities have been admitted to trading on […]
After the success of the first edition, our pharma law experts Miriam Galandova and Elena Cervenova from our Bratislava office were invited to prepare an update to the legal regulations of the Slovak pharmaceutical sector by publisher pharmaboardroom.com that has just been released. Read a preview of the Pharma Legal Handbook for Slovakia here. The entire publication can be purchased from the […]
An in-depth look at Vaclav Bily of PRK Partners covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office. Career: PRK Partners, Partner, 2013-present PRK Partners, Attorney at Law, 2001-2013 Nobel & Hug, Trainee, 1999-2000 PRK Partners, Associate, […]
12 PRK Partners lawyers have been recognized as exceptional practitioners in the most detailed analysis of lawyers working in corporate finance conducted by IFLR1000 in 120+ markets covering over 5,000 firms. The following PRK Partners’ lawyers received individual recognition (in alphabetical order): Aschenbrenner Martin Highly Regarded in Banking and Finance, Capital Markets Bily Vaclav Highly Regarded in Banking and […]
PRK Partners confirms its strong position in both – M&A and Restructuring & Insolvency – having again received a Tier 2, respectively Tier 3 ranking in the newly released evaluation of law firms by the international law firm directory IFLR1000. Acknowledgment and congratulations belong to all members of PRK Partner’s team in Slovakia and the Czech Republic. We greatly appreciate and […]
PRK Partners’ team, headed by partners Jakub Lichnovsky and Martin Kriz, is also this year the exclusive contributor for the Czech Republic to the Alternative Energy & Power 2022 Chambers Global Practice Guide, which contains a unique comprehensive overview of 24 jurisdictions and provides the latest legal information on the principal laws governing the sale of power industry assets; market structure, supply […]
We’re delighted to announce that PRK Partners has been ranked a Tier 1 law firm for Capital Markets: Debt and Tier 2 for Capital Markets: Equity by the IFLR1000 (International Financial Law Review 1000), one of the most-respected guides to the world’s leading financial and corporate law firms and lawyers. Read more
PRK Partners confirmed its strong position in project development having again received a Tier 2 ranking in the newly released evaluation of law firms by international law firm directory IFLR1000. Furthermore, PRK Partners is the only firm in the top five in this field in the Czech Republic that does not belong to a network of international law firms. Read […]
PRK Partners advised SCS Software s.r.o., a large Czech software and online games developer, on all legal aspects of relocating its Prague headquarters to a completely new building from leading Czech developer Passerinvest Group: The Roztyly Plaza project. This transaction was allegedly the largest office relocation in Prague in the past three years. Read more
PRK Partners provided legal services to Ceska sporitelna, a.s., the lead manager in the bond issue by EUC a.s., the largest provider of outpatient medical care in the Czech Republic. A total of CZK 1.5 billion in floating-rate bonds maturing in 2027 were issued and were partially exchanged for the issuer’s existing bonds maturing in […]
PRK Partners joined lead counsel Luther Rechtsanwaltsgesellschaft and advised on the sale of I.G. Bauerhin Group (IGB Group) to US automotive supplier Lear Corporation. The transaction covers all locations of the IGB Group in Germany, Canada, China, the Czech Republic, Mexico, Serbia and Vietnam with more than 4,000 employees and, in particular, the existing customer […]
The associations CVCA and SLOVCA distributed awards for the transactions of the year in the fields of Private Equity and Venture Capital at a ceremonial gala evening in the gardens of the Grand Mark Hotel in Prague. In the category Private Equity (PE) Deal of the year, the sale of Equa Bank to Austrian Raiffeisenbank was awarded. In this major transaction, […]
Be prepared for the future and register to attend the National Industrial Summit 2022 organized by the National Centre for Industry 4.0 to take place at 10 a.m. on June 10 at the Bethlehem Chapel. One of the speakers will be our partner Jakub Lichnovsky, who will join a panel discussing aiding technologies and the […]
We are pleased to announce that partner Vaclav Bily has been appointed as a new managing partner of PRK Partners as of 16 May 2022. Vaclav Bily is a partner specializing in banking and finance, insolvency and restructuring, real estate and construction and corporate law. He is recommended as a leading expert by the International Financial Law Review (IFLR), The Legal 500 and European Legal […]
PRK Partners has confirmed its consistently strong position in banking and financial advisory in the latest rankings released by IFLR1000 (International Financial Law Review 1000), one of the most-respected guides to the world’s leading financial and corporate law firms and lawyers. PRK Partners continues to build on its almost 30 years of experience not only […]
Organized by Lawyers & Business magazine, the Law Firm of the Year 2021 ranking was announced at a ceremony held on 25 May 2022 at the Augustine Hotel, where PRK Partners received recognition for its diversity. The award was accepted by Robert Němec, partner at PRK Partners and Chairman of the Czech Bar Association, and by senior […]
PRK Partners has been awarded the Best Law Firm of the Year 2022 in Slovakia, this year in two categories: Banking & Finance and Tax Law. The awards have been received in the Best Law Firm of the Year competition traditionally organized in Slovakia by the weekly magazine TREND in cooperation with EPRAVO.SK. The results of this year’s competition […]
PRK Partners, in cooperation with lead counsel Freshfields Bruckhaus Deringer has advised The Yokohama Rubber Co., Ltd., on acquiring the entire wheel systems business of Swedish-listed Trelleborg AB, for an enterprise value of over €2bn. The transaction is to be effected via a share purchase of 100 per cent of the shares in Trelleborg Wheel […]
PRK team lead by partner Jakub Lichnovsky has achieved a significant legal success when the Supreme Administrative Court of the Czech Republic ceased the cassation complaint proceedings and rejected the complaint filed by the plaintiff in the matter of the building permit for the construction of the “Horní Tošanovice Industrial Zone”. Read more
The new edition of The Legal 500 EMEA 2022 directory of law firm ratings in the Europe, Middle East, and Africa region (EMEA) published by British rating company The Legal 500 (Legalease Ltd.) once again ranks PRK Partners among Top Tier law firms. We were rated in 9 out of 11 categories, specifically: banking, finance, […]
In its first-ever analysis of the Czech legal market, Forbes compiled a list of the 20 largest law firms and their leaders that have steered the most significant transactions on the market. We are honoured that PRK Partners and its lawyers are among this elite group. We believe in what we do and we’ve been […]
PRK Partners, in cooperation with lead counsel Freshfields Bruckhaus Deringer has advised The Yokohama Rubber Co., Ltd., on acquiring the entire wheel systems business of Swedish-listed Trelleborg AB, for an enterprise value of over €2bn. Read more
PRK Partners’ dispute resolution team led by Robert Nemec is the exclusive contributor for the Czech Republic to the 2022 International Comparative Legal Guide on the Enforcement of Foreign Judgments, which features in-depth analysis of laws and regulations across numerous jurisdictions as well as exploring enforcement under English common law, strategies for international enforcement and recognition and enforcement of foreign […]
PRK Partners attorneys at law recently prepared and published an updated brochure called Doing Business in the Czech Republic 2022. This is a practical guide that contains basic business-related information from selected legal areas including an overview of the legal environment in the Czech Republic. See https://www.prkpartners.com/doing-business-389 for more information.
For the thirteenth year in a row PRK Partners receives recognition and is ranked in 12 major practice areas, including Banking & Finance, Capital Markets, Corporate, M&A, Dispute Resolution, Employment Law, Competition/Antitrust, Real Estate, Restructuring/Insolvency, Projects & Energy, TMT and Tax in the newly released publication The Chambers Europe Guide 2022. Find more information at […]
PRK Partners, acting as the Czech local counsel in close cooperation with the leading counsel AllBright Law Offices in China, assisted Shaangu Power (Luxembourg) S.A., a member of Shaangu Group (a major state-owned Chinese industrial group focusing on energy projects, enlisted at the Shanghai Stock Exchange), to complete acquisition of 100% stock in EKOL, spol. […]
PRK Partners has advised a Vancouver based publicly traded battery materials company Euro Manganese Inc. (EMN) on strategic equity investment by the European Bank for Reconstruction and Development (EBRD) in the amount of appx. CAD $ 8,5 million. Upon completion of the private placement EBRD holds approximately 4,4% of EMN’s shares holding 17,800,000 common shares of […]
PRK Partners, Attorneys at Law, were ranked among the five best law firms in the Czech Republic in the Chambers Europe Awards 2022 Shortlist, which has been released on 1st February 2022. The rankings and the shortlist are the result of extensive research and thousands of interviews conducted by Chambers’ team of over 200 independent […]
Long-term representation of VERMONT s.r.o. during the development of a specialized medical facility in Zábřeh – Alzheimer’s center with a capacity of 450 beds built in 2017-18, and its lease to the operator. In November and December 2021, we assisted the client in transferring the lease and negotiating with the current long-term tenant Alzheimercentrum from […]
PRK Partners’ teams are the exclusive contributors for the Czech Republic and Slovakia to Doing Business in… Global Guide 2021/2022 published by Thomson Reuters PRACTICAL LAW, which contains unique comprehensive Q&A overviews of law and regulation in more than 60 countries, spanning more than 30 practice areas, written by leading lawyers, and includes a Country Q&A […]
PRK Partners has advised J.P.Morgan as the sole book runner, transactional advisor and financing arranger in connection with financing of Draslovka’s acquisition of a mining solution business from Chemours’ for USD 521 million, subject to customary cash, debt and working capital adjustments. The term and revolving facility commitments amounted to USD 368,000,000 and supported equity from […]
Robert Němec, a partner at PRK Partners (Lex Mundi member firm for the Czech Republic), was unanimously elected as President of the Czech Bar Association on 3 November 2021. For the past six years Robert acted as one of the vice-presidents of the Association and, in this year’s elections, received a record amount of votes […]
Martin Aschenbrenner (Attorney in the Czech Republic and in New York) and Tomas Vlasak (Attorney in the Czech Republic, Solicitor of England and Wales) advised Credit Suisse, Goldman Sachs, Morgan Stanley and other lenders in connection with the refinancing of EUR 2,130,000,000 senior acquisition and revolving facilities governed by English law. PRK Partners advised the clients on the Czech […]
We are honoured to announce that the independent professional committee of the Best Law Firm of the Year competition has named us – as it has done for the past 13 years of this competition the Best Law Firm of the Year 2021 in two areas of practice: Banking & Finance and Labour Law. The […]
PRK Partners provided legal services to the Fabory Group, Europe’s leading specialist in fasteners operating in 10 countries, in connection with the acquisition of Kebek Group. Kebek Group is a leading Czech wholesaler of fasteners operating in Czechia, Slovakia and Hungary which offers a comprehensive offering of fasteners for industrial companies in combination with value added […]
PRK Partners’ team, headed by Mr. Lichnovsky as partner, is the exclusive contributor for the Czech Republic to the Alternative Energy & Power 2021 Chambers Global Practice Guide, which contains a unique comprehensive overview of 21 jurisdictions and provides the latest legal information on the principal laws governing the sale of power industry assets; market structure, supply and pricing; […]
PRK Partners’ dispute resolution team, headed by Mr. Nemec as partner, is the exclusive contributor for the Czech Republic to the Enforcement of Judgments 2021 Chambers Global Practice Guide, which contains a unique comprehensive overview of 29 jurisdictions and provides the latest legal information on the identification of another party’s asset position, the costs and time involved in […]
On 1 July 2021, the long-awaited publications – the Pharma Legal Handbooks for the CR and SR – were published. These unique editions were co-created by our legal specialists, including the firm’s partners, Monika Maskova and Michal Matejka – experienced experts in the fields of pharmaceutical law, company law and information technology law in the Czech Republic. The Slovak version was produced by legal […]
The ELG comprises of approximately 500 lawyers with specialist expertise in the energy and natural resources sectors, all belonging to eminent independent law firms. Created in 1993, the ELG offers market leading advice to each client of a member law firm operating in Europe, the Middle East, Africa and beyond. With the Energy law sector developing rapidly we […]
PRK Partners has been named Banking & Finance Law Firm of the Year – Czech Republic by Lawyers Worldwide Awards Magazine’s Innovative Lawyers 2021. The Lawyers Worldwide Awards, Innovative Lawyers 2021, celebrates the leading, most prolific firms that have continually displayed a high degree of quality, tenacity and ability to punch above their weight within […]
Members of the PRK Partners team on both sides of the Czech and Slovak border are shining bright among the legal elite. This year, five legal experts from PRK Partners ranked among the TOP 100 Women of the Czech and Slovak Legal Business. Monika Mašková – Czech republic – Pharma Law Miriam Galandová – Slovak […]
In the 13th year of the most recognized local contest of law firms PRK Partners was named the 2020 Best Law Firm of the Year in the Corporate Law category. We are especially honoured to receive the special 2020 Best Pro Bono/CSR Law Firm of the Year award. We perceive it as recognition of our long-standing and, over the […]
PRK Partners, Attorneys at Law, were ranked among the six best law firms in Central Europe by The Lawyer European Awards 2020 (for the third time in a row). Recognition of PRK Partners as a top-tier regional law firm was confirmed by the expert panel set up by the internationally recognized legal magazine The Lawyer. The […]
PRK Partners (“PRK”) were successful in a public call organized by the Czech Ministry of Interior focusing on crisis management and epidemiological threats. PRK obtained funding to design and develop a digital crisis distribution system, for acquiring, offering, selling and purchasing critically important materials in emergency situations (such as medical supplies during pandemics), using ethical […]
PRK’s pharma law specialists answer questions linked to Regulation, Pricing, Clinical and Preclinical Trials, Marketing, Manufacturing, Trademarks and Patents in the pharmaceutical industry in Slovakia.
PRK Partners’ labour law team is the exclusive contributor for the Czech Republic to the Employment 2020 Chambers Global Practice Guide. Our professionals address trends and developments in labour law and employment regulation in the Czech Republic. This chapter can be downloaded here.
PRK Partners’ energy law team is the exclusive contributor for the Czech Republic to the Alternative Energy & Power 2020 Chambers Global Practice Guide. Our professionals address a variety of issues related to regulation of the Czech power sector. This chapter can be downloaded here.
We are pleased to announce that after receiving the top award in last year’s Best Law Firm of the Year contest, this year we scored remarkable success once again. In the 13th year of this competition, we were named the 2020 Best Law Firm of the Year in the Corporate Law category. We are especially […]