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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 approximately 30 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 over 3,000 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.

During 2013 we advised Telefónica on the €2.47bn sale of its Czech and Slovakian operations to PPF Group, a Czech investment firm; The Riverside Company, a US private-equity fund, on its majority stake acquisition in Bohemia Interactive; an Australian-Czech training technology and interactive simulation systems company with military clients in the US, UK and Australia, and 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.

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:

  • a Telefónica, S.A. on the sale of a 65.9% shareholding in Telefónica Czech Republic, a.s. to investment firm PPF Group for a total consideration of €2.47 billion in 2013
  • Aberdeen Asset Management Deutschland AG on the sale of "The Park" administrative centre in Prague in 2013. This constitutes the largest office investment transaction in the Czech Republic ever
  • Czech-Greek fund Emma Delta on the acquisition of a controlling interest in Opap, a Greek state-owned gambling company.
     

Directory listings and client comments

Directory listings

Chambers Europe: the Czech Republic 2013

  • 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 2013

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

The Legal 500 EMEA: the Czech Republic 2013

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

Client comments

  • "This prestigious firm boasts exceptional expertise in representing banks and financial institutions in several areas, from real estate and distressed financings to emission trading."
    Chambers Europe: the Czech Republic - Banking & Finance 2013  
  • "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 2013
  • "This firm is proactive and finds solutions which set the standard."
    Chambers Europe: the Czech Republic – Real Estate 2013
  • "Lawyers here work on a higher level in terms of clients, complexity and the size of deals."
    Chambers Europe: the Czech Republic – Real Estate 2013