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Clifford Chance

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We work with clients on complex domestic and multi-jurisdictional matters. With almost twenty years of experience in the Czech Republic we have a broad understanding of the local and Central and Eastern European markets.

A team that works hard for our clients

Our team is made up of four partners and around 40 fee-earners, and includes lawyers qualified in English, Czech and Slovak law. We opened our Prague office in 1995 and work with domestic, regional and international clients.

The office has been recognised as International Law Firm of the Year in the Czech Republic by Chambers European Awards for Excellence twice in the last four years.

Transactions that make domestic and international headlines

We take a one firm approach to our clients' needs with integrated cross-practice and cross-border teams working together to achieve success. We know how to make our resources, which include 3,300 lawyers across our international network, work for all our clients and can call on the specialised skills of globally-recognised, top-ranked lawyers to help them reach their business goals.

This way of working, and the expertise of our talented lawyers, regularly delivers headline-making results for clients.

Selected landmark transactions on which we have advised over the last couple of years include: Telefónica on the €2.47bn sale of its Czech and Slovakian operations to PPF Group, a Czech investment firm; the German arm of Aberdeen Asset Management on the sale of a 116,000 square metre office park in Prague to US investor Starwood Capital – the largest ever commercial real-estate transaction in the Czech Republic; Ceskoslovenská obchodní banka, a. s., Komerční banka, a.s. and Česká spořitelna, a.s. on the CZK 10.6 billion (approx. €382 million) refinancing and development facility provided to PointPark Properties (P3), and relating to the €523 million acquisition of 11 logistics parks in the Czech Republic - the largest direct real estate deal in the history of the Czech Republic and one of the largest single logistics transactions by value in Europe in the last decade.

Complex projects across the CEE region

Our Prague office is an integral part of our CEE network. We have close working-relationships with colleagues from across the region and with partner law firms in neighbouring countries where we do not have our own office.

The firm's reach in the region is further expanded by foreign law desks, such as our Prague-based Slovak desk which features a team of lawyers with expert knowledge and practical experience of Slovak law.

Our integrated regional practices help clients solve complex questions that involve several CEE countries.

Recent examples include advising Emma Delta, a Czech-Greek fund, on its €650 million purchase of a controlling interest in Opap, a Greek state-owned gambling company (one of the deals submitted to win Private Equity Legal Adviser of the Year: Financial Times and Mergermarket European M&A Awards 2013); Citigroup Global Markets Limited on a Reg S Eurobond issued directly by Západoslovenská energetika a.s., the largest electricity distributor in the Slovakia, and UK-listed Aviva on the sale of its Czech, Hungarian and Romanian life and pensions business to US insurance giant MetLife.

Recent highlights

Awards and milestones

Recent assignments 

Examples of our work include advising:

  • Ceskoslovenská obchodní banka, a. s., Komerční banka, a.s. and Česká spořitelna, a.s., on the CZK 10.6 billion (approx. €382 million) refinancing and development facility provided to PointPark Properties (P3), and relating to the €523 million acquisition of 11 logistics parks in the Czech Republic - the largest direct real estate deal in the history of the Czech Republic and one of the largest single logistics transactions by value in Europe in the last decade.
  • Hampden Investments Ltd. on the disposal of leading Slovak terrestrial and satellite television provider and radio broadcasting services operator Towercom to Macquarie European Infrastructure Fund 4 (MEIF4).
  • CBRE Global Investors on its successful sale of the landmark Dancing House building (in Czech: Tančící dům) in Prague.
  • Deutsche Telekom on the acquisition of the remaining 39.23 percent stake of its T-Mobile Czech Republic division from investors Mid Europa Partners (MEP) and Al Ain to take full control of the unit.
  • TK Development on the disposal of 'Fashion Arena Outlet Center', the largest outlet shopping centre in the Czech Republic.
  • CVC Capital Partners on its investment in AVAST, a global leader in consumer PC antivirus and mobile security.

Directory listings and client comments

Directory listings

Chambers Europe: the Czech Republic 2014

  • Tier One in Banking & Finance
  • Tier One in Corporate/M&A
  • Tier One in Real Estate
  • Tier One in Projects & Energy
  • Tier One in Restructuring & Insolvency

IFLR1000: the Czech Republic 2014

  • Tier One in Banking & Finance
  • Tier One in Mergers & Acquisitions
  • Tier One in Restructuring & Insolvency

The Legal 500 EMEA: the Czech Republic 2014

  • Tier One in Banking, Finance and Capital Markets
  • Tier One in Corporate and M&A
  • Tier One in Real Estate and Construction

Directory and client comments

  • "A top international player endorsed for its global network and high level of quality. Regarded as prominent in the energy sector. Strengthened by strong links to the insolvency team and a growing presence on export financing projects."
    Chambers Europe: the Czech Republic - Banking & Finance 2014
  •  "M&A is the chief focus of the firm's corporate practice. It has had a very strong year advising clients on mergers, acquisitions and disposals in the Czech Republic, Central and Eastern Europe (CEE) and the wider region."
    IFLR 1000: the Czech Republic – Mergers and Acquisitions 2014
  • "Exceptional team often involved in the market's biggest deals, advising on planning, development, investment and financing mandates. Highlighted for acting for both landlords and tenants on industrial, retail and office leases, and active on transactional matters."
    Chambers Europe: the Czech Republic – Real Estate 2014
  • "Sector strengths for the team at Clifford Chance include banking, pharmaceuticals, energy, construction and retail."
    The Legal 500: the Czech Republic – Dispute Resolution 2014