Increased state aid "de minimis" threshold
Under the new rules, total de minimis state aid granted to a single entity in any three-year period may not exceed 200 000 EUR. In the road-building sector, this sums falls to 100 000 EUR in any three year fiscal period. Imposition of a fine under the Act on Administration of Taxes and Fees has also been deemed to constitute a form of state aid.
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KŠB advises Olpran in Bikero insolvency proceedings
Kocián Šolc Balaštík has advised bicycle manufacturer Olpran in connection with the insolvency proceedings of Bikero, a notable player in the Czech cycling market.
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.
