Successful Divestiture of a business unit by TRW Automotive

Our law firm provided legal services to TRW Automotive, one of the globally most important suppliers for automotive industry, regarding sale of its motor valves division to Federal-Mogul Group. Our role was to provide a complex legal transaction support in the Czech Republic where the sale affected part of business of TRW-DAS a.s. in Dačice. Transaction was successfully closed in the first week of February this year.

Team of Dvořák Hager & Partners was led by Veronika Odrobinová, partner, who was supported by Jana Kolářová. Transaction was globally managed by international law firm Gleiss Lutz.

Dvořák Hager & Partners is representing Danish Saxo Bank

Dvořák Hager & Partners is representing Danish Saxo Bank with respect to enforcement of claims against its clients in the Czech Republic and Slovakia which originated as a result of FX transactions with CHF when sudden increase of CHF occurred in January 2015. Dvořák Hager & Partners closely cooperates in this matter with a group of significant international law firms which, under the lead of Danish law firm Rønne & Lundgren, represent Saxo Bank in similar proceedings in a number of other jurisdictions.

Dvořák Hager & Partners advised BORCAD in connection with new financing

Our firm provided legal services to BORCAD cz s.r.o. in connection with the refinancing of the existing credit facility and drawing of new operating financing. Legal services included reviewing of the loan documentation, security documentation, assistance with the conditions precedent satisfaction and advice on the financial assistance (cleanwash procedure) provided by BORCAD to the shareholders. Dvořák Hager & Partners team was led by Lukáš Zahrádka, managing attorney.