Longtime lawsuit ends in victory

Longtime lawsuit ends in victory

After many years we have been successful and finalized a lawsuit involving tens of millions of Czech crowns in which we represented the leading local factoring provider, ČSOB Factoring, a.s.

In the lawsuit ČSOB Factoring, a.s. opposed a claim which disputed the very foundations of the factoring concept providing a protection against undesirable effects of bankruptcy proceedings. Our client’s victory in this lawsuit (initiated in 2005) was confirmed by the decision of the High Court of Prague.