KŠB Wins the Lázně Kyselka Defamation Case
The Association’s representative is to apologize for public statements addressed to KMV’s CEO (whom KŠB represented in the dispute) regarding the condition of buildings in Kyselka. The High Court in Prague (as the appellate court) held that, rather than fair criticism, the statements were grossly insulting and defamatory to Mr. Pasquale. In addition to the apology, the court awarded non-pecuniary damages in the requested amount and ordered the Association to refrain from making further defamatory public statements against Mr. Pasquale. That part of the claim was originally dismissed by the Municipal Court in Prague; however, in response to the claimant’s appeal, the High Court ruled in favour of the claimant and the decision is now enforceable.
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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.
