KŠB assisted in the first spin-off of a commercial company in the Czech Republic
This project was realized within the PPF Group in which a part of the assetsfrom Česká pojišťovna a. s. was spun-off to establish the new company Home CreditGrand Holding a. s.
Spin-offs were included in the Commercial Code with effect from April 1, 2006(Section 69, subsection 4) as a new form of legal transformation of a company.They are possible in either the form of spin-off to establish new companies orspin-off with parallel merger or by a combination of the above forms.
Česká pojišťovna a. s. was split as part of restructuring within the PPF Groupaimed at creating a separate holding structure under which a commercial line wasconcentrated focusing on the provision of consumer loans, thus separating itselffrom the insurance business from both the administrative and risk viewpoint. Thefact that this new institute itself was realized in a company that is aregulated entity was an important specific character of this project.
Other articles
KŠB secures landmark Supreme Court ruling on size premiums in squeeze-out valuations
Kocián Šolc Balaštík (KŠB) has obtained a significant victory before the Czech Supreme Court in a dispute over the fairness of the consideration paid to minority shareholders in Léčebné lázně Mariánské Lázně a.s. In its judgment in case no. 27 Cdo 1678/2025, the Court dismissed the claimants’ appeal and upheld the lower courts’ decisions. KŠB lawyers Radka Felgrová and Vlastimil Pihera represented the company and its majority shareholder.
KŠB advises on the sale of a majority stake in Znakon Group to enteria
KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.
KŠB Runs for a Good Cause
On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.
