15.9.2015
News
Disputes
Environmental Law

Penalty Rescinded for KŠB Client

KŠB helped a client win a lawsuit against the Czech Environmental Inspectorate, which had imposed a penalty on the client, an electric device manufacturer, for failure to abide by the Electric Waste Act. The penalty, which the Ministry of Environment confirmed, was rescinded by the Municipal Court in Prague due to being unlawful. 

The dispute dates back to 2005/2006 when there were a number of administrative proceedings in which one funds manager was appointed for each of the ten electrical and electronic equipment (EEE) categories from among the collective systems for electric waste collection. KŠB represented one of the unsuccessful candidates. As a result of winning the dispute, the Ministry of Environment’s selection of the funds manager was abolished. At the same time, all penalties imposed on manufacturers involved in the collection system were not selected for the particular group of devices by the Ministry. Subsequently, the law applicable to the issue was amended and the monopoly eliminated.

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KŠB provided legal advice to its long-standing client, the J&T group, in connection with the preparation of another bond programme, this time related to the Europacity Berlin project. Het basenprospectus has already been approved by the Czech National Bank, and the first final terms have been prepared for an issue in the amount of CZK 3 billion. The advisory team at KŠB included Josef Kříž, under the partner supervision of Martin Krejčí. Vlastimil Pihera.
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A Distinguished June Visit to KŠB: Gisela Bergmann, Princess of Liechtenstein

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KŠB advised the seller on the sale of mcePharma to the Brenntag Group

The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.