Czech Republic | White & Case LLP International Law Firm, Global Law Practice
Czech Republic
Czech Republic

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, anti-trust, 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. Our lawyers have been involved in transactions in more than 25 countries in the last 12 months, including high-profile mandates in the following jurisdictions: Azerbaijan; Belarus; Bulgaria; Germany; Hungary; Russia, Serbia, Slovakia, Slovenia, Ukraine; United Kingdom; United States; Poland; Slovakia; and Turkey.

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 and 2016

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

"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, 2017

Received the most practice and individual lawyer rankings of any law firms on the Czech market
Chambers Global, Chambers Global, 2016

"The only firm to secure top tier rankings in all IFLR1000 tables, White & Case’s Prague office has expertise and depth."
IFLR1000, 2017

"White & Case (Europe) LLP's team is 'one of the best in the Czech market' and is 'a go-to firm for English law governed finance transactions across the CEE'"
The Legal 500, 2017

"This firm has a strong, well-organised and dedicated team, perfectly able to serve its
own clients and co-operate with the teams in other countries and continents."
"These willing and efficient specialists always provide reliable work that is of the
highest quality."
Chambers Europe, 2016

Czech Business Superbrands, 2015

Experience

US$1.3 billion acquisition of AVG Technologies by Avast Software
White & Case advised Avast Software, one of the world's major players in the security software market, on its acquisition of the New York Stock Exchange–listed AVG Technologies N.V., a developer of business, mobile and PC device security software applications, for a total consideration of US$1.3 billion.

€1.16 billion sale of CGS Holding to Trelleborg
We advised the owners of ČGS Holding, a Czech Republic–based rubber conglomerate with leading positions in agricultural and speciality tires and engineered polymer solutions, in the sale of the company to Swedish industrial giant Trelleborg for approximately €1.16 billion.

Financing of Česká telekomunikační infrastruktura, a.s. – one of the largest financing transactions in the Czech Republic
White & Case represented Banca IMI S.P.A., BNP Paribas Fortis SA/NV, Československá obchodní banka, a.s., ING Bank N.V., Komerční banka, a.s., Société Générale S.A. and UniCredit Bank Czech Republic and Slovakia, a.s. in their role as coordinators of CZK 32 billion financing of Česká telekomunikační infrastruktura, a.s., the operator of the largest data and communication network in the Czech Republic.

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.

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 reorganisation 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.

Breakthrough in capital markets financing in the Czech Republic
We represented Raiffeisenbank a.s., as issuer, in connection with the establishment of its €5 billion Covered Bonds Programme and the issue of €500 million floating rate covered bonds due 2017 under the programme. It was the first-ever issue of covered bonds by a Czech bank that are eligible as collateral for the European Central Bank. We have subsequently represented the client in connection with the update of the programme and the issue of €500 million fixed-rate covered bonds due 2019 under the programme. Both issues have been listed on the Luxembourg Stock Exchange.