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Glatzová & Co

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This content is provided by Glatzová & Co.

Partners: Vladimíra Glatzová, Martin Dančišin, Jiří Sixta, Jindřich Král, Libor Němec, Erik Kolan, Jan Veselý
Number of partners worldwide: 7
Number of other lawyers worldwide: 36
Languages: Czech, English, French, German, Slovak

Firm Overview:
Since its foundation in 1994, Glatzova & Co. quickly established a reputation for the technical excellence of its lawyers, their sensitivity to the commercial objectives of clients and their positive approach to legal issues. The law firm has expanded to offer round-the-clock advice on cross-border and domestic transactions and operations to businesses, financiers and governmental bodies.

Main Areas of Practice:

M&A/Corporate:
Glatzova & Co. is experienced in all stages of M&A transactions, from transaction structuring and due diligence through drafting and negotiation of complex transaction documents, closing and post-closing issues including public offers, squeeze-out of minority shareholders and delisting. The firm is skilled in corporate restructuring including cross-border mergers. Glatzova & Co. is very active in energy sector E.ON, New World Resources Electricite de France, Dalkia, MVV Energie CZ and RWE, Czech investment arm of KKCG and PRE. It is also a specialist for acquisitions in the area of internet retail as well as in software. Glatzova & Co. clients include Netretail Holding BV (parent company to Internet Mall, leading operator of internet shops in Central Europe), Y Soft or intelligence. Recently, Glatzova & Co. assisted several important clients from automotive industry in their acquisitions in the Czech Republic (e.g. Magna Interiors, Chongquing Light Industry & Textile Holding and THK CO., LTD). A recent M&A transaction included assisting Nufarm, a global player in agriculture, with reorganising its shareholdings in the CEE market.

Banking, Finance & Capital Markets:
Glatzova & Co. handles structuring transactions in all areas of financing, drafting and negotiating contractual documentation on behalf of both creditors (banks) and debtors, legal advice on financial services regulations, IPOs, transactions with financial and commodity derivatives, securitisation, financial leasing of real property and other assets. In 2015 Glatzova & Co. advised, among others, Alltub Group in connection with EUR 74 ,000,000 refinancing, Reichhold Group in connection with issue of USD 154,171,000 senior secured notes and USD 80,000,000 PIK promissory note or Messer Group in connection with EUR 160,000,000 refinancing. Further, Glatzova advised ČSOB in connection with contemplated acquisition of retail business of Citibank Europe, Hypoteční banka, ČSOB and ESSOX in connection with consumer protection legislation and managed to attract some important new clients, e.g. ESSOX (a leading consumer loan provider and SoGe member) or DRFG (Czech private equity group).

Real Estate:
Glatzova & Co. acts for international and local investors, private equity funds, financing banks, architects, resort owners, construction companies, property developers, state agencies and municipalities. The firm’s achievements include pioneering work in local shopping centres, office space, resort, industrial and residential constructions and other mixed-development and greenfield/brownfield projects. The recent major deals include representing Erste Group Immorent in the sale of three shopping malls in Cheb, West Bohemia or representing Kovošrot Group in sale of major brownfiled in Prague.

Litigation & Arbitration:
The firm offers clients comprehensive assistance with all aspects of the dispute resolution process, including amicable settlement negotiation, ADR, and representation at all stages of both common and arbitration court proceedings. The firm’s lawyers have experience with disputes across a wide range of practice areas at Czech and foreign arbitration courts (e.g. Hypoteční banka, the largest Czech mortgage credit provider in a number of disputes with its clients).

Restructuring & Insolvency:
Glatzova & Co. has broad experience with insolvency and restructuring under the new Czech insolvency law. The firm advises major creditors in one of the first reorganisations allowed under the new Czech insolvency law. In 2015 Glatzova & Co. represented, among others, TEREX USA, LLC and Terex Cranes Germany GmbH in the insolvency proceedings with claims exceeding (in total) EUR 27, 3 mil. or BRX group in connection with restructuring of New World Resources group.

Competition & Antitrust:
Glatzova & Co. has extensive experience in all areas of competition law including antimonopoly clearances, disputes related to abuse of a dominant position, subsidies and state aid, advice on issues related to cartel agreements including block exemptions, as well as leniency programmes. The firm provides its clients Volvo, Ford Motor Company, Mazda, Jaguar, Land Rover, Isuzu, DAF, Volvo Trucks with everyday advice including competition law (vertical agreements), representing in proceedings with the Czech Antimonopoly Office and courts.

Labour:

The labour law practice covers the entire spectrum of services in the areas of labour law with a particular emphasis on individual and collective dismissals, reorganisation, labour law aspects of mergers, take-overs and outsourcing, as well as advice on specific issues relating to employment managers, agreements for Board members, remuneration issues, employment of foreigners, posting employees to perform work abroad, agency employment, collective bargaining, personal data protection, internal investigation and labour law litigation etc.

Intellectual Property & IT:
Glatzova & Co.’s advises clients on regulatory, licensing, equipment supply, and data and IP protection issues including domain names, disputes and trademark protection matters. It has provided services in a wide range of terrestrial, cable and satellite broadcasting company transactions. Examples include advising Volvo Auto Czech, s.r.o. on IP/IT aspects of separation of the Volvo brand, licensing and SW distribution model development for Y Soft.

Utilities & Related Areas:
Glatzova & Co. has served as a consultant to both the public and private sector on virtually every aspect of utilities law including construction/development of power plants, regulatory, transactional and litigation issues. Glatzova & Co. is very active especially in the renewable energy market and provides legal counsel to numerous solar, wind and biomass energy producers. Recent projects include advising Raiffeisenbank a.s. in connection with refinancing several deals within photovoltaic industry, acquisition of solar power plant projects for PRE, or representing group of Czech solar investors in disputes with the Czech Republic due to retroactive changes to the solar energy support system.

General Commercial Services:
Glatzova & Co. provides comprehensive short and long-term services to multinational clients including corporate housekeeping, corporate governance, shareholder/board, meetings, liquidation, representation before legal and administrative authorities, and arranging compliance with reporting and filing obligations and other regulatory requirements.

International Work:
The firm has a history of close cooperation with Hengeler Mueller, Freshfields Bruckhaus Deringer, Slaughter&May, De Brauw Blackstone Westbroek, Cleary Gottlieb Steen & Hamilton LLP, Jones Day, Latham Watkins, Sherman Sterling, Ashurst and many other prominent international firms.

Clients:
Clients include major Western investors and/ or their Czech subsidiaries active over a large number of commercial sectors. The following companies are representative: ABB, ArcelorMittal, Brano, Bosch, Citibank, Commerzbank, ConocoPhillips, ČSOB, Deutche Bank, Česká pošta, ESSOX , E.ON, Equa bank , Ford, Fuji, GDF, Hochtief, Hypoteční banka, KBC, KKCG, Kolbenschmidt, Mazda, MVV, New World Resources, Ondeo, Penta, Raiffeisenbank, RWE, sanofi-aventis, Siemens, Skanska CZ, Strabag, Suez, Tesco, Volvo and Warburg Pincus.

Offices:
Czech Republic:
Betlémský palác, Husova 5, 110 00 Prague 1
Tel: +420 224 401 440 Fax: +420 224 248 701 Email: [email protected]
Slovakia: Hviezdoslavovo námestie 25, 811 02
Tel: +421 232 335 333 Fax: +421 232 335 330 Email: [email protected]