The largest law firm in the Czech Republic has seen its net profit more than triple the figures of the previous year.
A new civil law code in the Czech Repubic which comes into effect next year will have a major impact on business life and requires 'urgent action' from investors, according to lawyers in the jurisdiction.
The majority of Czech entrepreneurs are failing to comply with basic company duties and are escaping penalties due to insufficient court resources.
Leading central and East European law firm Cerha Hempel Spiegelfeld Hlawati is to launch in Prague after taking over a local practice.
International law firm Salans advised French real estate company ORCO Property Group on the sale by its subsidiary of the Radio Free Europe/Hagibor Office Building in Prague to a subsidiary of American owned business L88 Companies.
Published by: Linde Prague Authors: John DiblĂk, François Veit December 2011 P/B CZK432 (£14) ISBN: 978-80-7201-863-5