News Archives | Page 12 of 14

Municipality of Bucharest prevails in zoning dispute with support from bpv Grigorescu Stefanica

bpv Grigorescu Stefanica represented the Municipality of Bucharest and won a dispute with two private companies, owners of a plot land located in Obor area. The amount claimed by the two owners was of approx. EUR 5,000,000. The amount was determined based on a judicial appraisal and represented the alleged income not earned due to the impossibility to build on the owned plot land in absence of a Zonal Urban Plan which was issued by GCBM only in 2015.

Bucharest Mayoralty was represented by Daniel Stefanica, Partner and Head of Dispute Resolution Practice together with his team of lawyers from which Raluca Marcu (Managing Associate) and Serban Dumitrescu (Senior Associate) were part.

“The case was challenging in terms of both the time length of the dispute (it was initiated in 2012) and the required evidence. Thus, the expert opinions issued in this case had, mainly, the aim, to determine the constructions that the owners could have built, on the plot land, in 2011, as well as their most sensible business use. Finally, the calculation of the unearned income was made in relation to the income that the owners could have derived if they could have erected the buildings and use them at the best since 2011, and the income that they actually earned by exploiting the plot land. From another point of view, the court decision is relevant because it validates a line of thought in the administrative law: the public authority has the right to assess the opportunity of issuing an normative administrative act” declared Daniel Stefanica.

Iveco Defence Vehicles secures EUR 700 million contract with support from bpv GRIGORESCU STEFANICA

bpv Grigorescu Stefanica advised Iveco Defence Vehicles (IDV), part of the CNH Industrial group of companies, during the public procurement procedure of the Romanian Ministry of National Defence for the acquisition of more than 2.900 high mobility trucks for a total contract value over EUR 700 Million. The procedure was finalized with the awarding of the framework agreement to IDV in December 2019, the first batch of 942 vehicles to be delivered over four years, starting 2020.

During the past 12 months, the procedure was challenged several times by IDV’s closest competitor, but the Romanian courts dismissed all claims.

IDV was advised by a joint team of public procurement and litigation experts led by Anca Albulescu, Partner and Head of the Public Procurement Practice, and Daniel Stefanica, Partner and Head of the Dispute Resolution Practice of bpv Grigorescu Stefanica, assisted by Raluca Marcu, Managing Associate, and Serban Dumitrescu, Senior Associate.

bpv BRAUN PARTNERS assisted Unicapital Energy Group in the acquisition of PSP Technické služby

bpv BRAUN PARTNERS provided comprehensive legal advice to its client on the acquisition of PSP Technické služby, a.s., including extensive due diligence, helping to structure the transaction and preparing all the transaction documentation. The parties decided not to disclose the value of the
transaction.

The team was led by partner David Vosol, supported by managing attorney Pavel Vintr and senior associate Markéta Nešetřilová.

Eversheds Sutherland acted as legal counsel for the seller.

The buyer belongs to the investment group UNICAPITAL a.s., which focuses on strategic acquisitions in real estate and development, energy, agriculture and health care.

The business of PSP technické služby, a.s. includes electricity and natural gas distribution and trade as part of the industrial complex Přerovské strojírny.

bpv BRAUN PARTNERS provided legal advice to Carrier Transicold

bpv BRAUN PARTNERS supported Carrier Transicold in the sale of its Czech subsidiary which will continue to act as Czech distributor for the internationally leading manufacturer of land transportrefrigeration systems. The purchase price was not disclosed. bpv prepared the data room and advised
in the transaction.

The team was lead by partner Arthur Braun and associate Pavel Březina.

Carrier Transicold helps improve transport of temperature-controlled goods with a complete line of equipment and services for refrigerated transport and cold chain visibility. For more than 45 years,

Carrier Transicold has been an industry leader, providing customers around the world with advanced, energy-efficient and environmentally sustainable trailer refrigeration systems for light commercial vehicles, trucks and trailers.

Nikola Neumanová and David Plevka become the newest attorneys at bpv BRAUN PARTNERS

On January 15, 2020 Nikola Neumanová and David Plevka became the newest cooperating attorneys at bpv BRAUN PARTNERS.

Nikola Neumanová graduated from the Faculty of Law at Charles University in Prague and also studied at the Faculty of Law at the University of Leipzig. She focuses primarily on litigation, personal data protection, commercial law, energy law and legal relationships with an international element.
David Plevka has studied at the Faculty of Law at Charles University in Prague and the universities in Tübingen and Brisbane. He focuses primarily on legislation, arbitration, company law, commercial law and real estate law.

Both new attorneys have been working at bpv BRAUN PARTNERS since the beginning of their careers (nearly 10 years) and speak Czech, English and German.

“Nikola and David are both exceptionally gifted attorneys and it is a joy to work them on a professional and personal level. I am extremely proud to welcome them now as full-fledged attorneys,” comments Arthur Braun, managing partner at the firm.

bpv BRAUN PARTNERS assisted Pojišťovna Patricie in the sale of real estate projects

bpv BRAUN PARTNERS provided comprehensive legal advice to its client in two transactions: an intragroup sale of two properties from a real estate project in Prague, and an extragroup sale of real estate in Ostrava and Ústí nad Labem to the Capexus group.

The legal advice involved preparing the transaction documentation as well as securing finalization of the transaction.

The parties decided not to disclose the value of the transaction.

Partner Jiří Bárta and associate Markéta Nešetřilová ensured that the transaction went off without a hitch.

Attorneys from HAVEL & PARTNERS s.r.o. and attorney JUDr. Theodor Klán acted as counsel for the buyer.

Since December 21, 2019 Generali Pojišťovna a.s. has begun trading under the new name Pojišťovna Patricie a.s. (a member of the Generali group). The Prague branch of Generali was established in 1832 and is one of the strongest, most stable insurance providers on the Czech market.

bpv Huegel advised Valneva SE in its successful delisting from the Vienna Stock Exchange

bpv Huegel advised Valneva SE, headquartered in France, in the delisting of its
shares from the regulated market of the Vienna Stock Exchange. The delisting aims to centralise the trading of the shares on the Euronext Paris.

It was one of the first delistings in Austria under the new delisting regime of Section 38 of the Austrian Stock Exchange Act. Such delisting without the provision of a cash compensation may be executed in case of another listing on a regulated market (EEA member state) with equivalent delisting conditions.

Valneva SE is a biotech company developing and commercialising vaccines for infectious diseases with major unmet needs. Valneva SE’s portfolio includes two commercial vaccines for travellers: IXIARO®/JESPECT® indicated for the prevention of Japanese encephalitis and DUKORAL® indicated for the prevention of cholera and, in some countries, prevention of diarrhoea caused by ETEC. The Company has various vaccines in development including a unique vaccine against Lyme disease. Valneva SE has operations in Austria, Sweden, the United Kingdom, France, Canada and the US.

bpv Huegel`s team was led by Elke Napokoj (Partner, Capital Markets/M&A) and included Michaela Pelinka (Partner, Corporate) and David Pukel (Associate, Capital Markets/M&A).

bpv Huegel’s capital market team is regularly involved in high profile capital market transactions and already advised on the outbound cross-border merger between listed Intercell AG and listed Vivalis SA forming Valneva SE.

bpv Huegel 20th anniversary in Brussels

12 December 2019. bpv Huegel has been present in Brussels for 20 years. In its anniversary year, bpv Huegel once again strengthened its Brussels focus and moved to new offices in the EU district. As a pioneer in questions of European law, bpv Huegel offers many years of expertise and direct access to European institutions with its competence centre for European merger and antitrust law, general EU law as well as regulatory, public procurement and state aid law for national and international clients.

This year, the 20th anniversary was in the spotlight of the traditional bpv Christmas party in the centre of Brussels, where bpv Huegel once again welcomed over 100 international guests and took this opportunity to thank them for a successful year and a trusting cooperation.

Press release

Guide to the World´s Leading Finance Law Firms IFLR 1000 lists bpv LEGAL offices for 2020

We are delighted that once again the Guide to the World´s Leading Finance Law Firms IFLR1000 lists our offices for 2020 in the areas of banking and finance and M&A.

Two partners from bpv Braun Partners are recognized by the guide: Arthur Braun as notable practitioner, Igor Augustinič as highly regarded lawyer.

Five partners from bpv Huegel are ranked with Stefan Gaug as notable practitioner and Elke Napokoj, Christoph Nauer, Thomas Lettau and Florian Gibitz listed as highly regarded lawyers.

The third Moot Court!

This year’s Moot Court focused on employment law took place on Thursday, November 14, 2019, once again organized by our office in conjunction with the student association ELSA Czech Republic Prague. The competition takes place in two rounds: first teams receive a written assignment, and then the best teams proceed to a simulated court hearing where they have to defend their position and argue for a fair resolution as counsel for their client before a panel of three judges.
The judges were partner Arthur Braun, of-counsel Lucie Kalašová, and associate Markéta Nešetřilová, and they had their work cut out for them, as this year’s teams were extremely well prepared with supporting arguments. They gained invaluable experience in what it is like to represent a client in practice as well as feedback from the judges at the end of the simulated hearing. The two winning teams receive a financial reward.
Congratulations to the winning teams!