Eversheds Sutherland provided legal advice to Polish fund EQUES Fotovoltaika in the sale of five local solar parks to Czech investment group Jufa. The firm's assistance consisted in the negotiation of contractual documentation, advisory in the termination of existing financing and transaction closing.

Almost CZK 400,000 will help victims of domestic violence, children from children’s homes and terminally ill people  

According to the newest CBRE Shopping Centre Index study, which has been compiled for the seventh year by the CBRE company, the world leader in the field of retail services, shopping centres in the Czech Republic have been successful again. Turnover in Czech regional shopping centres grew for the fifth consecutive year. Comparing the year 2017 with the previous year, turnover grew 4.2%. Rents grew only minimally. The vacancy rate is stable. The “Rent-to-sales ratio” reached a historical minimum and the average basket achieved its historical maximum. This once again proves that Czech retail is doing well.  

59% of companies worldwide plan deals in the next year fueled by portfolio reshaping Strong M&A intentions accelerated rather than stalled by uncertainty Despite Brexit uncertainty, UK is top investment destination for the first time in 10 years Despite mounting geopolitical complexities, the appetite for global mergers and acquisitions (M&A) is at a 10-year high, according to the 20th edition of the EY Global Capital Confidence Barometer (CCB), a biannual survey of more than 2,900 senior executives across 47 countries. Companies continue to use acquisitions to build the foundations for future growth amid rising uncertainty. Almost six in ten (59%) global companies are now planning to acquire in the coming year — up from 52% 12 months ago.

Weinhold Legal assisted Lagardére Travel Retail, the global operator of duty free shops, in the concession procedure that it won to become the operator of duty free shops at Václav Havel airport.   In winning the tender Lagardére acquired a contract to lease 24 business units with an area of 4,371 square meters. The initial term of the contract is ten years, during which the total rent is up to 8 billion Czech crowns.   The Weinhold Legal team was led by partner Martin Lukáš in cooperation with managing attorney-at-law Jan Turek.   (For further information on the transaction here: LetistePraha, Prazskydenik and Seznam.cz.

Associate Professor Tomáš Richter, Of Counsel at Clifford Chance LLP, was elected to the Board of Directors of the International Insolvency Institute, a non-profit organization dedicated to improving international cooperation in the insolvency area, at its 19th annual conference held in Barcelona in June. He thus became the first member of the Board of Directors from the Central and Eastern Europe in the 19-year history of the International Insolvency Institute.