Financial Sector

In these turbulent economic times, no other industry has been changed as significantly as the financial services sector. New regulations and difficulty raising capital have transformed the daily operations of banks and other financial services. The experts at PRK Partners have both an in-depth understanding of the legal regulations that govern the industry, and the business acumen to advise all types of financial services on how to organise their day-to-day operations and structure their biggest, most important deals.

We are well-known in financial circles in our region, and are now gaining a broader reputation internationally. And we should be. We started out as a banking firm, and continue to be recognised for our ability to represent clients in this industry sector. We advise not only banks, but investment houses, asset management companies, hedge funds, and other financial services on anything from M&A to joint ventures and project financing to complex syndicated transactions . Our financial services lawyers help structure local and cross-border transactions for major banks and institutional investors on a regular basis. We have also helped banks finance real estate projects, settle employment issues , and find agreeable settlements in arbitration and litigation . Our firm also has considerable experience helping financial services clients through bankruptcy proceedings. Simply put, we have a team of experts that can deliver top rate services to any client in this sector.

Notable Experience:

  • Advised CVC Capital Partners on the acquisition of Anheuser-Busch InBev’s Central and East European operations -- The deal was worth over USD 2 billion. The acquisition included Prague’s Staropramen brewery, as well as many others across Bosnia-Herzegovina, Croatia, the Czech Republic, Hungary, Montenegro, Romania, Serbia and Slovakia.
  • Represented CALYON as arranger and lead manager in the CZK 10 Billion debt issuance programme of Česká pojišťovna a.s.
  • Gave Czech law assistance to GE on a EUR 88.5 million loan to finance the acquisition of Aerocan France by Barclays Private Equity France.
  • Assisted Kommunalkredit Austria AG in its bankruptcy proceedings, with the claim amount totalling approximately CZK 90 million.
  • Represented Komerční Banka a.s. in arranging its CZK 150 billion debt issuance programme.
  • Advised Sullivan & Cromwell and a major French financial institution on the Czech legal aspects of acquiring a mutual fund business.
  • Clients include the Czech Banking Association, Komercni banka, CSOB, ING Bank, LBBW, the Prague Securities Exchange, Raiffeisenbank, Royal Bank of Scotland, Investkredit Bank, Hypo Investmentbank, Credit Agricole and many other leaders in this sector.