KŠB cooperates with PPF Group member Torpera Limited in preparing joint-venture agreement with Sichuan Changhong Electric Co., Ltd.
KŠB represented Cyprus-based Torpera Limited, a member of the PPF FinancialGroup, in preparing a joint-venture agreement with the Chinese company SichuanChanghong Electric Co., Ltd. for the manufacture of plasma televisions. Theagreement sets forth the fundamental parameters of cooperation in the jointventure between the PPF Group and Changhong and was entered into onSeptember 12, 2006.
Changhong is the largest Chinese investor in the Czech Republic. The manufactureof plasma televisions is scheduled to begin in Nymburk at the beginning ofDecember, and the company plans to create jobs for up to 300 employees at itsfacility.
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KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
