KŠB won a dispute as the National Theatre’s legal counsel
The Supreme Court’s decision No. 26 Cdo 2585/2019 of 15 April 2020 is also important in general as it confirms the voluntary nature of the legal provisions applicable to leases of business premises. According to the Supreme Court, the parties may deviate from Section 2314 of the Civil Code, which regulates judicial review of the legitimacy of a lease’s termination. The Supreme Court held that parties to a lease agreement may exclude the application of this provision, which means that the party which receives a termination notice may challenge the termination at any time and is not limited by any deadline. Moreover, in the context of Section 1763 of the Civil Code, the Supreme Court confirmed that the validity of a lease agreement is not prejudiced by the fact that later another lease agreement is concluded for the same premises and for the same lease term.
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KŠB Assisted with the Refinancing of the BigBoard Group, a leading player in the premium outdoor advertising market
Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.
KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions
The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
