News archive

Representation of the international bank HSBC UK regarding the creation of security for loan exposure greater than CZK 1 billion to Carclo (a leading global producer of technical plastics listed on the London stock exchange). The condition for increasing and extending the maturity of the loan facilities, was that a pledge of 100% of the shares in a Czech subsidiary of the Carclo holding company be granted to the bank. Our firm's assistance consisted of drafting contractual security documentation related to the Czech subsidiary including the drafting of legal and capacity opinions regarding the fulfilment of all conditions for a…

For the fifth time in a row, the Bank Board appointed Mgr. David Urbanec for another yearly term as a member of the Appeals Commission of the Czech National Bank. The Appeals Commission is an advisory body for the preparation of draft decisions of the CNB Bank Board issued in administrative proceedings - in particular the commission discusses appeals against CNB decisions and submits proposals, replies and provides legal opinions to the Bank Board. Leading experts in the field of law and economics become members of the Appeals Commission.

Dear friends, clients and business partners, We would like to use this opportunity to thank you for your trust and cooperation with us, and we wish you a Merry Christmas and a lot of success in the upcoming year of 2021 in both your personal and professional life. This year our law office has decided to send our annual PF’s electronically. The money which would otherwise be spent on the PF’s, postage and other costs, is being donated to charity. Barbora Simon Dunovská, David Urbanec and Jan Vavřina

DUNOVSKÁ & PARTNERS has been ranked as one of the very recommended law firms for Banking & Finance, Restrukcturing & Insolvency and Capital Markets and also as one of the recommended firms for Mergers & Acquisitions in the thirteenth year of The Law Firm 2020 award organized by Eprávo. For more information see the following link: https://www.epravo.cz/top/clanky/pravnicka-firma-roku-2020-vysledkova-listina-112123.html

DUNOVSKÁ & PARTNERS succeeded in proceedings for one hundred million CZK at the Supreme Court of the Czech Republic. The office represented a major banking client before the Supreme Court of the Czech Republic, which granted the office's appeal and annulled the earlier decision of the Court of Appeal. The Supreme Court agreed with the legal opinion of the office that the assessment of the bank's liabilities from the bank guarantee is governed by formalistic principles, even to the extent of deciding whether the bank guarantee has taken effect. Such formalistic approach applies even to the extent of conditions for…

Representation of AUTOCONT, a.s. (member of ARICOMA Group, the largest IT services provider in the Czech Republic, wholly owned by KKCG) regarding the sale of the Czech, Slovak and Hungarian business units of CAD STUDIO, (the leading partner of the US technology giant Autodesk in the CEE region), to the buyer Arkance (member of the French- based Monnoyeur Group). Advice consisted of a complex representation of the client during the whole sale process, including drafting, negotiation and execution of the Share Purchase Agreement, Escrow Agreement and subsequent Transitional Services Agreement. https://tekdeeps.com/kkcg-sells-cad-studio-to-arkance/ https://kkcg.com/upload/article/PR-CAD-Studio-is-changing-owners-and-becoming-part-of-ARKANCE.pdf