PRACTICE AREA

Corporate

We have an experienced group of lawyers that can help you with everything from company restructuring to securing state contracts. Chambers Europe wrote that PRK is “making its presence felt at the top end of the transactional ladder.

We offer clients a unique combination of attributes:

  • We are large enough to assist on significant deals
  • We have the experience needed to understand your business and legal objectives
  • We work closely with you to deliver timely, effective and value-added services

Company formation and corporate governance

PRK helps with the formation of all legal forms of companies. We offer an up-to-date understanding of corporate governance practices and regularly advise family companies and large corporations in the management of day-to-day operations.

The EU’s 2003 action plan “Modernising Company Law and Enhancing Corporate Governance in the European Union” mandated sound management as a key factor in domestic and international competition. Companies with solid corporate governance records are always a step ahead of their rivals.

We can help you manage registered capital changes, carry out corporate housekeeping, draft shareholders’ agreements, complete regulatory filings and reporting, and also organise general meetings, board meetings and supervisory board meetings. Our knowledgeable professionals keep our clients up-to-date with best practices and ensure compliance with new and changing legislation.

Joint ventures & venture capital

Throughout the economic transition in Central and Eastern Europe in the early 1990s, PRK advised clients on their investments and facilitated the creation of joint ventures. Today, our private equity and venture capital division works closely with numerous equity and hedge funds and also private individuals to ensure that their investments are protected and structured in line with their business goals. PRK is a leader in the formation and regulation of EU co-financed hedge funds in Central Europe.

We have helped set up joint ventures in a wide variety of industries. Whether you are embarking on a joint venture or investing capital, our professionals focus on ensuring that your strategic and operational issues are properly addressed.

Business contracts

Contracts lie at the heart of most of today’s business activities. Few things in business are as important as having well-constructed, sound contracts that properly reflect the intentions of the parties.

We advise clients on every aspect of commercial contracts. Many local and international businesses have benefited from our expertise in drafting and enforcing contracts, from property construction deals to executive compensation packages.

Company liquidation

PRK provides legal support in relation to the termination of business enterprises, from corporate resolutions to removal from commercial registers. We can appoint a PRK attorney as liquidator, communicate with creditors, prepare all the necessary documentation, disclose the information required by law, ensure proper filing of all required documentation, and represent clients before commercial courts. Our wide experience allows us to proceed with utmost efficiency both in the routine winding up of “sleeping” companies and in highly complex liquidations involving complex dealings with creditors and the conversion of material assets into cash.

References

Providing continuous legal advice on corporate and commercial law matters to BEL Sýry Česko a.s., a Czech subsidiary from the group of the leading international branded cheese manufacturer Fromageries Bel.

Legal advice to EMI Group Limited on the intra-group ownership restructuring of the company’s operations in the Czech Republic in connection with their sale to Universal and Sony. EMI is a major music publishing corporation, which cooperates with some of the biggest names in music.

Complex legal assistance to PCTC Invest AB, a Swedish investment fund, in the squeeze-out of all minority shareholders of TONAK a.s. including structuring the squeeze-out process, drafting all relevant legal documents, communication with all involved parties, dealing with all legal formalities and ensuring the legality of the squeeze-out process.

Legal advice to Ströer Digital International, a member of Ströer Group, an international advertising group, in connection with the buyout of shares from minority shareholders in its Czech subsidiary, Internet BillBoard.

Providing legal advice to a group of private investors on the founding of news information server Echo24.cz