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Awards & Deals


  • Law Firm of the Year 2019, Slovakia

    Twice in a row HKV became the absolute winner in the category Mergers & Acquisitions of the competition Law Firm of the Year 2019.

  • Chambers Europe 2019, Slovakia

    "They are very reactive; when I send them a query they immediately get to work and get it done by deadline or even earlier."

  • Chambers Europe 2019, Slovakia

    "They go the extra mile. They try and engage us on a business level, not just a legal level."

  • Chambers Europe 2019, Slovakia

    "They are very hard-working and very flexible with regards to timing. There are no delays, they try to deliver as soon as possible. They are very experienced, so they take care of everything independently."

  • (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



New rules for funding political parties and election campaigns


The National Council of the Slovak Republic approved an amendment to the Act on Election Campaigns and the Act on Political Parties which will mainly affect the financing of campaigns before the elections to the National Council in March 2020.

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The bill has provoked a great deal of controversy, first of all because it was presented by Members of the National Council, and thus it did not have to go through the interdepartmental comment procedure. In fact, only proposals which are submitted by the Government are subject to the interdepartmental comment procedure where the most important state authorities are permitted to express their opinions. Critics argue that the bill heavily interferes in election campaign conditions and that it would be more appropriate for the Government to submit it and have it undergo the comment procedure.

Furthermore, the petitioners asked the Government to submit a proposal for an accelerated legislative procedure in which standard procedural time limits for approval are waived. It should be noted that only the Government may submit a proposal for an accelerated legislative procedure.

The Government approved this request and the National Council approved the Government proposal at the next vote on the same day. This step also seemed problematic because it was not clear if the conditions for accelerated legislative procedure had been fulfilled; such procedure should only be applied under exceptional circumstances, such as when fundamental rights and freedoms, state security or significant economic damage are at risk.

The content of the Act itself is also controversial as it will prohibit the participation of so-called third parties in election campaigns. This relates to people who supported a party or candidate in an election but were not members of a party or a candidate. At the same time, the membership contribution that a party may receive from a single member is limited to EUR 10,000 per year. The amendment also introduces an overall financial ceiling of EUR 3,500,000 per one term of the National Council, (i.e., four years) from membership contributions, donations and loans granted to a party. Exceeding this limit will result in the automatic dissolution of the party.

The law has also caused an outcry as it places parties that have not yet stood for election to the National Council at a disadvantage. As opposed to parties that have been elected to the National Council, they cannot fund their election campaigns from financial resources provided by the State (A party that gains at least 5% of the votes in National Council elections gains seats in the National Council and receives State funding). These newly created parties will only be able to fund their campaigns from contributions from members or other entities, with the new rules limiting the amount of these contributions.

The law is effective from the date of its submission to the Collection of Laws.  However,  this may be prevented if the president vetoes the law and the National Council does not have enough votes to override the veto.

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New rules for the use of external legal services by state authorities


The Government of the Slovak Republic approved new rules for the use of external legal services by state authorities, which should bring more transparency and economic efficiency.

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On April 17, 2019, the Government of the Slovak Republic approved the rules governing the principles of the transparent and economically effective use of the services of external lawyers by state authorities, in particular concerning their selection and remuneration and the publication of related information. The rules will apply to all Ministries, central government authorities and companies exclusively owned by the State (while the Government of the Slovak Republic may also recommend that the rules apply to other state bodies), regarding  all legal services, irrespective of whether they involve litigation or other non-litigation related legal services.

Under these rules, a state authority will only be able to use external legal services in cases where its own legal staff lacks the necessary manpower or expertise, and the subject of legal services is significant. Furthermore, the essence of the legal service to be provided by external lawyers cannot be directly related to the decision making or legislative activity of the relevant state authority.

The newly adopted rules impose the obligation on state authorities to follow a precisely defined procedure when choosing a lawyer to provide external legal services. The state authority will always be obliged to contact at least five lawyers, the Slovak Bar Association and the Ministry of Finance of the Slovak Republic when choosing a provider of external legal services. When choosing a lawyer, the state authority will have to pay particular attention to its expertise, professional experience and fees. It is important to point out the possibility of imposing specifying conditions, for example, for a statutory body or lawyer’s staff. The state authority will only be able to avoid this rather complicated procedure for selecting an external legal service provider in cases where it can prove time constraints. It can be assumed that the application of this exemption will be closely monitored to prevent the abuse and circumvention of the rules.

The new rules also stipulate the possibility of choosing the form of remuneration for a lawyer; in other words, both contingent fees and hourly fees may be agreed. In the case of a contingent fee, the rules specify the percentage of the fee depending on the value of the legal matter. In the case of hourly remuneration, the amount of hourly remuneration may not be higher than the hourly remuneration stated in the future cost overview, which the lawyer applying for external legal services submits to the state authority during the selection process.

A state authority using external legal services will also be obliged to publish on its website the minutes of the evaluation of the tenders, the concluded contract and any amendments. Also pursuant to these rules, the Ministry of Finance of the Slovak Republic must be informed.

A state authority that concludes a contract on the provision of legal services before June 1, 2019 shall be obliged to inform the Ministry of Finance of the Slovak Republic of this situation by July 1, 2019. State authorities shall also be obliged to inform the Ministry of Finance of the Slovak Republic of the termination of contracts on the provision of the legal services concluded before June 1, 2019, on the amount of the remuneration provided to the lawyer and on the results of the provided services.

These rules are expected to become effective on June 1, 2019.

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