Increased performance under insurance of deposits
The depositor is entitled to receive the cited maximum amount as a compensation for insured receivables arising from deposits at one bank. In current practice, this means that all deposits of one depositor are added up in one bank for the purposes of providing compensation, including potential shares of accounts maintained for two or more co-owners. Performance is also provided under the above-mentioned cap of up to 100% of the aggregate amount of insured receivables and former depositor’s obligation to cover 10% of the amount has been cancelled.
Other articles
Tomáš Sequens featured in “Trends in Sustainability” podcast
KSB partner Tomáš Sequens appeared as a recent guest on the Trends in Sustainability podcast produced by [ta] Udržitelnost in collaboration with E15.
KŠB Advises PPF on Landmark Cross-Border Conversion to the Czech Republic
Kocián Šolc Balaštík provided comprehensive legal counsel to the PPF Group in connection with the cross-border conversion of its holding structure from the Netherlands to the Czech Republic. KŠB’s team, led by partner Jan Lasák, played a central role with structuring the reorganisation and preparing the key documentation.
KŠB ranked among the largest law firms in the Czech Republic by Forbes
Kocián Šolc Balaštík has been ranked among the largest law firms in the Czech Republic in the Forbes overview of leading legal practices, based on revenues over the past three years.
