Štěpán Krb is a member of the Disputes Practice Group of the Prague office of White & Case, having joined the firm in 2013.
He focuses on insolvency, arbitration, litigation and financial regulatory matters. Within these core areas of his interest and expertise, Štěpán provides legal services to major corporate clients as well as financial institutions.
Mr. Krb's experience in insolvency matters includes for instance advising a global bank as a creditor in insolvency proceedings of a group of heavy industry companies, or a club of banks as creditors in the formal reorganization of a motor parts manufacturer.
Mr. Krb's experience in litigation includes advising, for example:
A global bank, with respect to the recovery of its receivables amounting to more than CZK 200 million from project vehicles used to purchase commercial real property in Prague;
A non-bank provider of consumer credit services, in connection with alleged claims of its clients for the return of interest charged on their consumer loans;
A global manufacturer of generic drugs, in litigation over the amount paid as due compensation in the squeeze-out of minority shareholders;
A local bank in an assessment of its claims against an insurer in connection with a defaulted export credit;
A foreign bank, in connection with the assessment of its claims in connection with the loss of security (of a defaulted loan) as a result of wrongful acts during insolvency proceedings.
Mr. Krb's experience in arbitration includes advising, for example, an export bank in connection with the recovery of its receivables from a Russian company and its guarantors.
Mr. Krb's experience in financial regulation includes advising, for example:
A local subsidiary of a global bank group, in connection with the assessment of compliance of its cross-selling practices;
A major energy company trading in emission allowances, with respect to the set-up of its trading scheme under MiFID II;
An investment fund manager, in connection with the passporting of an AIF to the Czech Republic.