Finance and Capital Markets
We Represent Creditors in the Preston Case
The Preston investment group, owned by businessman Filip Navrátil, has admitted that it no longer has sufficient funds to service its debts. Preston Business has already filed an insolvency petition in respect of itself. We are bringing together and representing creditors of the Preston group.
MiCA - The Transitional Period Has Ended
As of 1 July 2026, crypto-asset services may only be provided by entities holding the relevant authorization under the MiCA Regulation. Providers that continue operating without the required authorization may face sanctions imposed by the Czech National Bank.
Securities Offerings of up to EUR 12 Million without a Prospectus
Since 5 June 2026, companies have been able to raise almost EUR 12 million from investors through a significantly simpler process - without a prospectus approved by the Czech National Bank. The Czech Republic has not yet completed the adoption of its national implementing legislation, which was intended to reduce the prospectus threshold to EUR 5 million.
MiCA - The Transitional Period is Ending.
On 1 July 2026, the transitional period for existing crypto-asset service providers will end. From that date, only entities holding the relevant authorization from the Czech National Bank under MiCA will be permitted to continue providing such services. Merely submitting an application is not sufficient.
Expanze OPTAK - Interest-Free Loan of up to CZK 120 Million for Family Businesses
The National Development Bank has launched the Expanze OPTAK program, under which it is possible to obtain an interest-free loan ranging from CZK 500,000 up to CZK 120 million, covering up to 50% of project expenses. The repayment period can be up to 15 years, with a repayment deferral of up to 4 years.
Legal Services in Connection with CZK 650 Million Financing for REICO
Stuchlíková & Partners successfully represented REICO investiční společnost Erste Asset Management in drawing down a bank loan for Logistics Park Rokycany.
Insolvency of Bond Issuer YD Real Estate Finance a.s.
Following an insolvency petition filed by a group of creditors, the Municipal Court in Prague declared the insolvency of YD Real Estate Finance a.s. on 2 June 2026. Creditors now have a two-month period within which to file their claims in the insolvency proceedings.
NIS2 and the New Cybersecurity Act - Deadline Passed, Sanctions May Apply!
According to NÚKIB (the National Cyber and Information Security Agency), out of approximately 6,000 obligated entities, around 4,800 have so far notified a regulated service. The notification was to be submitted by the end of 2025, and failure to meet this obligation may result in substantial sanctions.
Comprehensive Service Package for the MiCA License
For all entities operating in the crypto asset market and subject to the MiCA regulation, our law firm, in cooperation with our partners, has prepared a service package to help you implement the new MiCA rules quickly and smoothly.
Audit for CASPs under MiCA
Crypto-asset service providers (CASPs) should establish an internal audit function. However, there is no need to hire new employees immediately — this function can be outsourced. In addition to setting up the internal audit function, CASPs are also required to have their financial statements audited.