Supreme Administrative Court confirms no bakers’ cartel
On 30 September 2008, the Supreme Administrative Court dismissed the Anti-Monopoly Office’s complaint to annul and confirmed the judgment by the Regional Court in Brno dated 24 August 2006, by which the Regional Court in Brno dismissed the Anti-Monopoly Office’s decision (having legal force and effect) on the existence of a cartel, allegedly taking the form of concerted conduct during determination of sale prices for bakery products.
Delta Pekárny and Odkolek are both members of the United Bakeries Group, a leader on the CE bakery market.
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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.
