Czech Republic

About

Lawyers in our Prague office deliver bespoke legal and tax advisory services to Czech and international clients doing business in the Czech Republic, across Central and Eastern Europe (CEE), and in markets around the world.

Since 1991, our clients have relied on our advice on a wide range of Czech and cross-border legal and tax advisory issues in the Czech Republic. Our practice concentrates on complex corporate and financial transactions, as well as litigation and dispute resolution matters, which typically involve a strong international component. We help clients in the areas of mergers and acquisitions, private equity, leverage, corporate, project and asset finance, restructurings and insolvencies, debt and equity capital markets, energy and infrastructure, real estate, competition, antitrust, IP/IT, tax and commercial law, litigation, arbitration and criminal law. Our ability to bring to bear top-flight experience in all core areas of business law is of substantial commercial benefit to clients.

As one of the largest international law firms in Prague, we offer a significant degree of comfort and assurance to clients looking to realize investment opportunities or navigate complex challenges in the country and abroad. We have exceptional experience in advising foreign companies investing in the Czech Republic, and have advised on some of the largest investments in the country, representing international investors on their most significant projects.

Our Prague team is often the go-to advisor for clients operating within the most important sectors in the CEE region, including the financial, private equity, power/oil and gas, telecommunications, infrastructure, IT and real estate sectors. In this role, the Prague team has advised on numerous “firsts” on the Czech market and across the CEE region, including almost all financing and capital markets “firsts” in the country, as well as regularly advising on the largest transactions, year in and year out. 

White & Case is the only law firm on the Czech market with the local capability to offer Czech, English and US law experience on all types of transactions and financings, including senior, mezzanine and high-yield financings. We are perfectly positioned for multijurisdictional cross-border work, with Czech, English and US lawyers working seamlessly across practices and across our entire network.

 

AWARDS & RECOGNITION

"Law Firm of the Year" in the Czech Republic
International Financial Law Review (IFLR) Annual European Awards, 2014, 2015, 2016 and 2018

"CEE Legal Adviser of the Year"
Mergermarket European M&A Awards, 2015 and 2017

"International Law Firm of the Year" in the Czech Republic
Chambers Europe Awards for Excellence, 2014

The only law firm in the Czech Republic ranked Tier 1 in all practice areas
IFLR1000, 2010 to 2019

White & Case (Europe) LLP "understands the complexities of multi-jurisdictional legal structures."
The Legal 500, 2018

White & Case (Europe) LLP "goes the extra mile in terms of quality."
The Legal 500, 2018

"Well-known team which is often active on the larger transactions in the Czech market. Noted for its strength in private equity deals, and frequently works on transactions in the finance, software and energy sectors. Utilizes the strength of its network across the CEE region to provide tailored support on cross-border mandates in the region."
Chambers Europe, 2018

"Clients appreciate the value for money provided by the firm, saying: The firm does a very good job of managing complex matters in a cost-effective way."
Chambers Europe, 2018

"They are very client-oriented, they even have the business view in addition to the legal view." 
Chambers Europe, 2018

"This partnership started like a short-term one and became a long-term partnership, because I was exceptionally happy with the services that White & Case is providing."
World Tax, 2018
 

Experience

The largest M&A transaction in the CEE telecoms sector, and the largest loan syndication in the region, since 2011
White & Case advised global investor PPF Group on its acquisition as well as related financing of Telenor’s telecommunications assets in Central & Eastern Europe for €2.8 billion on an enterprise value basis. The acquisition represents the largest M&A transaction in the CEE telecoms sector, and the largest loan syndication in the region, since 2011. The deal includes Telenor’s wholly owned leading mobile operations in Hungary, Bulgaria, Montenegro and Serbia, and the technology service provider Telenor Common Operation. 

US $816.6 million IPO of Avast
White & Case advised Avast, one of the world’s major players in the security software market, on its US$816.6 million initial public offering, the biggest ever software IPO on the London Stock Exchange.

Senior term and revolving facilities for ArcelorMittal and Tauron joint venture
Representation of TAMEH, an energy group that is a joint venture of ArcelorMittal and Tauron, in up to CZK 2.39 billion and PLN 507 million senior term and revolving facilities provided to the TAMEH group by a syndicate of global lenders arranged by Raiffeisen Bank International AG, Raiffeisen Bank Polska S.A. and Raiffeisenbank a.s. The senior facilities were preceded by a CZK 1.2 billion bridge facility provided to the Czech subsidiary of the TAMEH Group by Raiffeisenbank a.s.

Largest restructuring in the CEE region 
Assisting VTB Group and various other banks in connection with the Croatian insolvency (under new legislation specifically adopted for the purpose) of Agrokor, the largest Croatian company, and related difficulties of the Agrokor Group outside of Croatia.

Unique pre-packed reorganization of a major Czech auto-parts producer
White & Case advises Commerzbank as an agent in the financial restructuring of a major Czech auto-parts producer Motorpal, a.s. Česká spořitelna, a.s. is also a lending party on this mandate. Our restructuring team assessed the potential restructuring options, taking into consideration the difficult business situation caused partially by the situation in the Russian Federation. On the basis of our advice, the client agreed on the restructuring of the loan and ultimately agreed to a unique pre-packed formal court reorganization approved by the creditors. This type of reorganization is being used for the first time on the Czech market.

The largest-ever real estate deal in the Czech Republic
White & Case represented P3 Logistic Parks (P3) and leading global investment company, TPG Real Estate, the previous owner of the P3 developer alongside Ivanhoé Cambridge, on the sale of P3 to GIC, a sovereign wealth fund established by the Government of Singapore. With a transaction value of €2.4 billion, this represents the largest deal in the European real estate market in 2016, and the largest real estate deal ever in the Czech Republic.