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Transaction overview

Overview of selected transactions with the involvement of HAVEL & PARTNERS I/2024

Over the past 18 years, we have been involved in 870 transactions, not only in mergers, acquisitions, sales and restructurings. Their total value exceeds CZK 850 billion. Here is an overview of the most significant ones from the recent period.

Interview

The billion family. We aspire to invest just like the richest Czechs, says Jaroslav Havel

Jaroslav Havel, the leader of the largest Czech law firm, announced his entry into the family office industry by launching ONE FAMILY OFFICE together with three partners earlier this year. ONE FAMILY OFFICE's top management and advisory body include experts connected to Wall Street and Silicon Valley.

When the tax authority asks

Do you use advertisements? And could we see them?

Does your company claim advertising costs as a tax-deductible expenses? Do you exercise the entitlement to VAT deduction? This is indeed possible. However, as the decisions of the Supreme Administrative Court show, it is necessary to provide proper (supporting) documentation during a tax audit to prove that the marketing services were actually rendered in accordance with the contract. The mere existence of invoices and signed contracts does not automatically establish the tax-deductibility of the costs.

Martin Pecha, David Krch a Josef Žaloudek · 8 January 2024

Flexible Financing for Startups Featuring Convertible Loans

When founders are looking for investors and a quick cash injection for their startup or don’t know their initial valuation, they might want to get a convertible loan, which is a combination of a loan with favourable terms and an investment. A convertible loan enables investors to invest in a project that has great potential but a not particularly clear value. How exactly does it work?

Jaroslav Baier a Josef Bouchal · 8 January 2024

Trends, vision, future

What is and will be the real estate market in the Czech Republic and Slovakia?

How much will apartments in Brno cost and how will the gradual interest rates cuts affect the South Moravian real estate market? Investors, architects, and representatives of real estate funds discussed this and other trends in real estate and construction at the Real Estate Forum, which we, together with HAVEL & PARTNERS, organized for the fifth time in Brno in the autumn of 2023. The topic of the first year of the Slovak Real Estate Vision & Trends conference in Bratislava was rental housing and its future in Slovakia.

‘Till death do us part. Matrimonial property and inheritance

On their wedding day, a couple vows (both to themselves and to each other) to live together happily ever after. But what happens after that, in case one of the spouses dies? The surviving partner must deal not only with a profound personal and emotional turmoil, but also with significant legal and financial changes.

David Neveselý, Jiří Kunášek a Veronika Bočanová · 8 January 2024

What do the new rules bring for retail, e-commerce and consumers in Slovakia?

An end to misleading practices of supposed price reductions on Black Friday. A large consumer law amendment entails a comprehensive regulation of Slovak consumer law. Since the middle of this year, this will affect not only e-shops, but also brick-and-mortar stores, which have to adapt to the new obligations. What are these specific changes?

Štěpán Štarha a Róbert Gašparovič · 8 January 2024

News I/2024

An overview of the firm’s news — victories in the Law Firm of the Year competitions in the Czech Republic and Slovakia, Who’s Who Legal and TOP Employers awards, revenue exceeding CZK 1 billion, a silver medal from EcoVadis, the New Year’s promotion of 15 colleagues and our partnership with the Diamonds of Czech Business award.

HAVEL & PARTNERS office in Frankfurt, the gateway to global business

In May, we were the first law firm from the CEE region to establish direct representation of HAVEL & PARTNERS in Frankfurt am Main, Germany, which is a gateway for international business. Through this step, we continue to deepen our exceptional international reach and cooperation with clients and business partners abroad.

From an employee to a millionaire

What ESOP plans are good for?

The history of companies, especially those that have changed the world, is full of stories of employees who became millionaires thanks to holding shares in the company. How did companies achieve this success? They used employee stock ownership plans, so-called ESOPs. How do such incentive programmes work and what options do we have in the Czech Republic?

Jaroslav Baier, Josef Žaloudek a Josef Bouchal · 11 September 2023

With health problems to a medical expert,

With assets to a multi-family office

When you break your leg, you want the best surgeon or orthopaedic surgeon to take care of you. It should be the same when it comes to family assets. Today, experienced professional management is increasingly used, not least because the family successors of entrepreneurs who have managed to build significant wealth over the last 30 years now face the difficult task of ensuring that their assets are managed so that their value does not fall, and the revenues continue to provide for the family.

Foreword II/2023

We live in an era where perhaps the only constant is change. The world is changing at a pace like never before in history. Those who cannot keep up and adapt to change have little chance of success in such a reality.

Jaroslav Havel · 11 September 2023