Libor Basl
Czech Republic
Baker & McKenzie
Klimentská 46
110 00 Prague 1
Czech Republic
Tel: +420 236 045 001
Email:
libor.basl@bakermckenzie.com
Web:
www.bakermckenzie.com
Libor Basl leads the Banking & Finance Practice Group in the Prague office. He is recommended as a leading finance lawyer in the Czech Republic by IFLR 1000. Mr. Basl advises on a broad range of acquisition, securities and capital market transactions.
Practice Focus
Mr. Basl routinely focuses on privatizations and tax-driven post-acquisition restructuring, including squeeze-outs, mergers and sales of enterprise. He also assists clients in complex banking and finance matters, including the drafting and negotiation of loan and security documentation. Mr. Basl provides sound counsel on divestments of non-performing and under-performing assets.
Representative Legal Matters
- Advised a consortium of banks on EUR 135m asset financing of New World Resources.
- Advised Ceskoslovenska obchodni banka, a.s. and UniCredit Bank Czech Republic, a.s. on CZK1.2bln financing of acquisition of Elektrizace zeleznic, a.s.
- Advised Ceskoslovenska obchodni banka, a.s. and Citibank, a.s. (each providing 50% financing for this transaction) in connection with acquisition financing of Window Holding Czech, a.s. for the purposes of acquisition of Vekra spol. s.r.o., including refinancing of Otherm s.r.o. and refinancing of Vekra spol. s.r.o. and other related banking law advice with the aggregate value of the transaction approx EUR 70m.
- Advised AIM Group in relation to the bidding process, due diligence, drafting, negotiation and closing of EUR135 million financing of indirect acquisition of administrative building in Prague.
- Represented HVB in connection with CZK 4.8 billion financing of acquisitions of Severomoravske vodovody a kanalizace Ostrava AS (SmVAK) – a water utility by FCC of Spain.
- Advised Meadow Hill / Blue River in the Czech Republic in relation to the CZK 1.3 billion financing of acquisition of a majority stake in Tatra, a.s., the largest heavy truck manufacturer in the Czech Republic.
Today’s lenders and borrowers face a myriad of challenges, including restrictions on foreign banks lending to companies in certain jurisdictions, distressed debt and increasing complexity of financial services regulation across the world. With most financing transactions that involve global companies requiring execution in more than one jurisdiction, and local law requirements posing challenges that can significantly affect deal value, it is crucial that their lawyers can navigate them through this complex environment. Baker McKenzie is exceptionally well positioned to do this.
Baker McKenzie has grown from the grass roots up, with established, local expertise in both financial centers and key emerging markets. Our people know their markets and how to operate effectively in them to deliver value to our clients, among whom we include the world’s leading financial institutions as well as major multinational companies. The variety of work across our diverse client base and our experience on all sides of a transaction enables us to create highly commercial, successful strategies for clients. We have helped structure and close pioneering financing transactions across the globe – often recognized as award-winning by independent industry bodies.
Our practice is particularly noted for its proficiency in acquisition finance, project finance, restructuring and insolvency, financial services regulation, structured finance, trade and export finance, real estate finance and securitization. Our extensive coverage allows us to seamlessly manage multi-layered processes and minimizes the inefficiencies of using multiple law firms. Furthermore, Baker McKenzie is a pioneer in the use of alternative business models and innovative approaches to service delivery, including harnessing the latest technology, to reduce the overall cost to our clients.
Baker McKenzie is one of the world’s largest and most prestigious international law firms, renowned for its global reach and cross-border capabilities. Founded in 1949 in Chicago, the firm has grown to encompass over 70 offices across more than 40 countries. This extensive global presence enables Baker McKenzie to provide seamless legal services across jurisdictions, making it a go-to firm for multinational corporations, financial institutions, and governmental entities navigating complex legal environments.
The firm offers a broad spectrum of legal services across key practice areas such as mergers and acquisitions, international tax, dispute resolution, employment and labor law, intellectual property, and compliance. Baker McKenzie is particularly known for its strength in advising on regulatory and transactional matters that require deep local insight combined with international coordination. Its industry-focused teams serve clients in sectors like healthcare, technology, energy, and financial services, providing strategic guidance tailored to the unique challenges of each industry.
What sets Baker McKenzie apart is its commitment to innovation, diversity, and sustainability. The firm embraces cutting-edge legal technologies to enhance efficiency and client service, while also fostering a diverse and inclusive workplace reflective of the global markets it serves. Recognized consistently in major legal rankings, Baker McKenzie continues to shape the future of the legal profession by championing forward-looking solutions and cultivating long-term partnerships with clients worldwide.
“The practice is headed by Libor Basl, who assists with both high-value financings and the establishment and optimisation of financial and corporate structures.”