News

Acquisition of development project in Prague 1.

In August 2016, INVICTA together with its client, an eminent Czech developer, started negotiations with respect on purchase of development project in the city center of Prague 1. After more than a year and half, we are very pleased to announce that this demanding transaction worth more than EUR 4 million was successfully finished and our client is now the owner of company entitled to build a significant residential project. Legal advice in this matter involved not only drafting of the acquisition documentations but also complex legal services concerning dealing with the competent public authorities and all other parties to administrative proceedings.

 

INVICTA helps with investments into real estate fund.

In January 2018 we have provided a prominent Czech investor with a broad legal advice on his investment of CZK 50,000,000 to acquisition of commercial real estate by a real estate fund. A revision of wide transactional documentation was done before closing together with drafting a loan agreement and several contracts for securing investor´s receivables.

Successful representation in tens of restitution law suits against the State Land Office.

For the third year in a row, INVICTA law office team successfully represents holders of unsettled restitution claims pursuant to the Land Act. From the total number of 24 law suits, one third is already decided in favour of the restitution claim holders. INVICTA helps to redress the injustice by acquiring substitute land plots and correct appraisal of restitution claims which the State Land Office has refused to accept for years.