(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 twenty- nine 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 2021 in the Banking and Finance category for the tenth time and the Best Law Firm of the Year 2021 in the Employment Law category). 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.
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.
Our team of six lawyers, led by our Partner Jan Kohout and staffed with native Russian speakers, has extensive knowledge of cross-border transactions and an in-depth understanding of the various legal systems in those countries where Russian is still used as the official or working language. We can also call on the support of as many as 12 Russian-speaking attorneys from different practice areas within the firm. Moreover, we maintain close links with leading local law firms in Russia and other post-Soviet countries.
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.
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.
MAIN PRACTICE AREAS:
Banking & Finance
Competition Law & State Aid
Food, Drugs & Medical Devices
Information & Communication Technology
Infrastructure & Energy
Insolvency & Restructuring
Labour Law & Employment
Media & Marketing
Mergers & Acquisitions
Project & Investment Incentives
Trade & Commerce
Hospitality and Leisure
Industrials and Manufacturing
Information and Communication Technologies
Insurance & Reinsurance
Life Sciences and Healthcare
Real Estate & Construction
Transport & Logistics
Banking & Finance
Capital Markets: Debt
Capital markets: Equity
Labour & Employment
Restructuring & Insolvency
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 […]
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 […]