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Awards & Deals


  • (IFLR 1000 2019, Slovakia)

    The IFLR1000 guide ranked HKV in the categories Banking and finance, Project development and M&A for the year 2019.

  • (Law Firm of the Year 2018, Slovakia)

    HKV became the absolute winner in the category Mergers & Acquisitions of the competition Law Firm of the Year 2018.

  • (Law Firm of the Year 2018, Slovakia)

    HKV was ranked among the „highly recommended“ and „recommended“ law firms in the categories Corporate Law, Developer Projects and Real Estate, Banking and Finance, Completion and Restructuring & Insolvency.

  • Law Firm of the Year 2017, Slovakia

    HKV named as the “highly recommended law firm” in seven categories of the competition Law Firm of the Year 2017: Corporate Law, Competition, Developer Projects and Real Estate, Mergers and Acquisitions, Banking and Finance, Employement and Public Procurement.

  • Legal 500 2017, Slovakia

    Legal 500 guide for the year 2017 identified HKV in five ranking categories: Banking, Finance & Capital Markets; Commercial, Corporate and M&A; Employement; Projects and Energy and Real Estate and Construction.

  • IFLR 1000 2017, Slovakia

    “They have deep knowledge in all areas, provide quick reactions and deliveries and have done a good job recently,” says a client who worked with the firm on project finance.

  • Chambers Europe 2017, Slovakia

    HKV ranked by the Chambers Europe 2017 in the categories Banking & Finance, Corporate/M&A, Employment, Energy, Real Estate and Restructuring/Insolvency.

  • Chambers Europe 2017, Slovakia

    Peter Víglaský is admired by clients and highlighted for his "excellent knowledge of the international environment."

  • Chambers Europe 2017, Slovakia

    Well known as a practitioner who "makes deals happen," Roman Hamala is appreciated by his clients, who say: "He can anticipate future problems and avoid them or provide solutions before we ask."

  • Chambers Europe 2017, Slovakia

    Martin Kluch impresses clients with his "pro-deal" attitude. He is described as "technically very good, very pragmatic and personable. We get clear answers from him. He provides business-oriented advice."

  • IFLR 1000 2017, Slovakia

    The IFLR1000 guide ranked HKV in the categories Energy and Infrastructure and Financial and Corporate for the year 2017.

  • IFLR 1000 2017, Slovakia

    „The approach that we have experienced was client friendly, pro-active and practical,” says a client from the energy industry.


News



Unconstitutionality of certain provisions of the law concerning the acquisition of agricultural land


After almost 4 years, the Constitutional Court of the Slovak Republic decided that some provisions of the law concerning the acquisition of agricultural land, specifically those related to the transfer of ownership of agricultural land, are unconstitutional.

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On 14 November 2018, the Constitutional Court of the Slovak Republic issued a decision, based on the joint initiative of two groups of members of the Slovak National Parliament in 2014, in the case of the unconstitutionality of some provisions of Act No. 140/2014 on the Acquisition of Agricultural Land and Amending Certain Other Acts, as amended. The unconstitutionality was specifically related to the wording of Sections 4, 5 and 6 of this law, which were deemed incompatible with Articles 1 (1), 13 (4) and 20 (1) of the Slovak Constitution.

These Sections govern the procedure for the transfer of agricultural land via public bids (not directly), and specify the persons for whom the law permits an exemption (for example, close relatives or persons which have engaged in agricultural production as a business for the last 3 years before the signing of a ownership transfer agreement related to the land on which they had previously worked), and as a result of which a public bid is not required.

As of the date of publication of this decision of the Constitutional Court in the Bulletin of Acts and Decrees, the aforementioned Sections are no longer enforceable (which means that a public bid will not be necessary when selling agricultural land). The national legislature will have a period of six months to amend these Sections to bring them in compliance with the Slovak Constitution. If it fails to do so within this six-month period, the aforementioned Sections shall also lose their validity.

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Amendment to the Act on the Ownership of Apartments and Non-Residential Premises


The Slovak Parliament approved an amendment to the Act on the Ownership of Apartments and Non-Residential Premises in order to simplify and clarify the legislation concerning the decision-making process of owners of apartments and non-residential buildings and to eliminate interpretational ambiguities and practical complications related to the administration of residential buildings.

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Effective as of November 1, 2018, the Amendment to Act. No. 182/1993 Coll. on the Ownership of Apartments and Non-Residential Premises and on the Amendment and Supplementation of Certain Acts, as amended, introduced new definitions of the terms garage in a building, garage stand, storage and related new rules.

The amendment clarifies that the obligation of owners of apartments and non-residential premises in a building to ensure its administration (by an owners’ community based on a community contract or by an external administrator based on a management contract) applies from the day of the first transfer of ownership of an apartment or non-residential premises in a building. In the event that, as of November, several management contracts or community contracts have been concluded, only the contract which was entered into first shall remain valid; the other contracts shall be deemed invalid by operation of law.

The method of entering into a community contract was also affected by the Amendment. The contract is to be signed only by the person elected as the president of the owners’ community and another person authorized by the owners of the apartments and non-residential premises (their signatures must be officially verified).  The signatures of other owners are not required. Any other new (co)owner of an apartment or non-residential premises in a building will accede to the community contract by operation of law at the moment of acquisition of the (co)ownership right without the need to perform any other legal act. A community contract may not be terminated by any owner. A similar approach was also established for management contracts.

The communication of owners of apartments and non-residential premises with an administrator is ensured by the elected representative who must be an owner of some apartment or non-residential premises in the building. Already-elected representatives that are not owners must be replaced by June 30, 2019.

The Amendment also specifies that the responsibility of an administrator or a community for liabilities incurred in relation to the administration is limited to the amount of the owners´ contributions paid in connection with the use of apartments or non-residential premises or to the amount of the balance of funds collected for the operation, maintenance and repairs in a building. The responsibility for any amount above this limit is transferred to the owners of the apartments or non-residential premises to the extent of their co-ownership share in the building.

As of November 1, 2018, the rights and obligations from liabilities for defects and damage towards the builder of the building are transferred to the owners of the apartments and non-residential premises in the building.

Last but not least, the amendment also covers the matter of owners´ meetings. For instance, the amendment stipulates that a power of attorney granted for representation and voting at a meeting must also include an order on how the representative should vote on specific questions to be dealt with at the meeting (unless a general power of attorney applies). It also stipulates that a valid decision and approved contract or amendment to an existing contract is binding on all owners, even if not signed by all owners.

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