308 | 2017 | The Leading Law Firms
Arconic Czech s.r.o. (previously Alcoa Czech s.r.o.) VK LOŽISKA s.r.o.
Jáchymov Property Management, a.s. NEWTELELINE spol. s.r.o. Moravia Systems a.s.
TNT Express Worldwide, spol. s.r.o. JIHLAVAN, a.s.
Czech Aerospace Industries, s.r.o. Galerie Butovice s.r.o. AB Group CZ a.s.
Wüstenrot – stavební spořitelna a.s. X Energie, s.r.o.
MULTIMEDIA SYSTEMS s.r.o.
Mercuria Energy Trading S.A.
OUR PRACTICE Within the banking sector, we represent on a longterm basis the most reputable banking institutions on the Czech market. We act as external legal advisors to ČSOB since 1994 and we have succeeded repeatedly in tenders for this position. We assist the bank in many cases for various departments, especially credit division and legal department. We cooperate on a long-term basis with HSBC Bank Plc – Prague branch, especially in the area of financing and creation of new finance products and we are included in the list of Czech law firms designated for provision of legal services within the global HSBC network. In 2014 we were selected and approved as a supplier of legal services for Česká spořitelna, a.s. where we cooperate continuously on a number of cases with the restructuring and corporate work-out departments. Since 2010 we act as external legal advisors for Sberbank CZ, a.s. in the areas of non-performing loans, restructuring and insolvencies and we have succeeded repeatedly in tenders held by the bank for the position of legal advisor in 2015 and 2016. Our law firm drafted original boilerplate documentation for the most important factoring companies in the Czech Republic and we have continued to develop and enhance documentation to take account of changes in the law whilst resolving ongoing operational issues. During the past year, we advised on legal
aspects of new factoring financing exceeding several billions CZK. Given our wide experience and high success rate in solving work-out cases, we continue to receive mandates in complex and difficult restructuring and finance cases for corporate clients. In the past five years, we have provided legal advice on restructurings exceeding CZK 30 billion in aggregate. We are successful in expanding our practice and clientele in the area of M&A where we assist not only in due diligence procedures of target companies and in negotiating and drafting the purchase agreements, but also in arranging documentation for financing the M&A transactions and repayment thereof. In 2016 we have carried out successfully a number of mergers and acquisitions in the total amount of approx. CZK 9 billion, for example acquisition of the company Sportisimo s.r.o. Additionally, we have experience with complex corporate restructuring including difficult procedures of corporate transformation, for example the intragroup merger of the company AutoCont a.s. We also provide corporate advisory to our clients as a standard service. Our experience in complex insolvency proceedings is as representative of creditors. In order to deepen expertise in our insolvency practice we also operate an insolvency administrator through the company AB Insolvence v.o.s., which holds (as one of only few on the market) a license to act as a special insolvency administrator for large debtors. Representation of clients in court and arbitration proceedings forms an inseparable part of our specialization. Amongst our many recent successes in this area, we can highlight the successful defence of a leading local bank against negative consequences of the collapse of Icelandic banks during the recent financial crisis.
CURRENT REFERENCES Banking and Financing Legal
advisory to a Cypriot holding company in the matter of drafting, execution and implementation of loan and security documentation for financing of a real estate portfolio acquisition in the amount exceeding CZK 1 billion.