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Lukas Valusek

Counsel

CMS Cameron McKenna Nabarro Olswang, advokáti, v.o.s.
Palladium, Na Poříčí 1079/3a
110 00 Prague 1
Czech Republic
Languages Czech, English, Slovak

Lukáš Valúšek is counsel in the Banking & Finance team at CMS Prague. He specialises in large-scale restructuring and insolvency matters, NPL transactions, financial services regulatory issues, and also has considerable experience advising both lenders and borrowers on cross-border financing transactions in the Czech Republic. Before joining CMS in 2014, Lukáš gained a number of years’ experience in various in-house positions at banks in the Czech Republic.

Lukáš is a certified insolvency practitioner.

 

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Relevant experience

  • Czech manufacturer of bike frames on the restructuring of their business and corporate structure, advising on new investors' structure and potential insolvency impacts.
  • Private investor with the negotiation of a reorganisation plan and advising on successful purchase of a RE company owning real estate assets worth USD 100m+ in reorganisation.
  • Klarna Bank SA with its entry into the Czech market in respect to the regulatory environment and contractual documentation.
  • AnaCap Financial Partners, a leading financial services specialist mid-market private equity investor, on its sale of Equa bank to Raiffeisenbank a.s.
  • Balbec Capital on the sale of various NPL insolvency portfolios to a third-party buyer. Advising on the insolvency implications of the sale and mitigation of the risks involved. 
  • Distressed debt investor on the purchase of a manager of non-performing assets.
  • Leading car manufacturer with insolvency aspects related to its supplier in financial difficulties.
  • Leading aircraft leasing company on an aircraft servicing contract and insolvency implications of a lessee concerning two aircraft located in the Czech Republic.
  • Leading European central depository on securities settlement and capital markets regulatory matters in the Czech Republic. 
  • Czech bank on strengthening its Tier 1 capital and remuneration policies.
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Memberships & Roles

  • Member, Czech Bar Association
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Education

  • 2007 – JUDr., Charles University, Prague
  • 2004 – Mgr., Trnava University, Trnava
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16/11/2016
CMS advises Deka Immobilien on a landmark deal in the Czech Republic
CMS has advised German real estate fund Deka Immobilien on the acquisition of the prestigious building complex “The Park” in Prague from an affiliate of global private investment firm, Starwood Capital...

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04/03/2024
Aircraft finance and leasing in Czech Republic
1. PROPOSED TRANSACTION STRUCTURE The Aircraft will be purchased by the Owner and leased on an operating lease basis to the Airline pursuant to the Lease. Is this is the usual structure for transactions...
28/02/2024
Harmonisation of insolvency avoidance rights from the Czech perspective
The right to effectively avoid the illegitimate removal of assets from a company in financial difficulties is a key element of any insolvency law that protects the rights of creditors and maximises the...
07/02/2024
CMS Expert Guide to Crypto Regulation in Czech Republic
Disclaimer: This chapter was last updated on 5 September 2023 and does not reflect any subsequent developments. The information provided is intended for general informational purposes and should not be...
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05/09/2023
Preventive restructuring finally arrives in the Czech Republic—and it may...
After more than two years of delay, preventive restructuring has finally become available to companies in financial difficulties in the Czech Republic. Czech companies can now seek to restructure their...
07/08/2023
Pre-pack insolvency sale in the Czech Republic: Current situation and outlook
A pre-pack insolvency sale, which is an expedited liquidation proceeding that allow for the sale of all or part of a debtor’s business as a going concern to the best bidder shortly after the insolvency...
23/05/2023
New NPL regulation in the Czech Republic on the horizon
The carrying out of business in relation to non-performing loans (NPLs) is currently not regulated in the Czech Republic. This is going to change as the Czech Ministry of Finance introduced a new draft...
23/08/2022
Restructuring and insolvency law in the Czech Republic
1. What is the primary legislation governing insolvency and restructuring proceedings in your jurisdiction? The Czech Insolvency Act (no. 182/2006 Coll.) and the European Regulation on Insolvency Proceedings...
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24/03/2021
Doing business with an insolvent customer. How to recover your trade receivables?
Seeing a good customer face solvency issues is always problematic at best. If the customer stops its operations, the case is clear: we stop delivering, lodge our claims in the insolvency proceedings and...
24/03/2021
Further changes to personal insolvencies on the horizon
Less than two years since the big “debt relief” bill entered into force on 1 June 2019, the Czech Ministry of Justice has sent to the Parliament a bill amending the personal debt relief procedure...
02/10/2020
AML and CTF law and regulation in the Czech Republic
1. What national legal act(s) provide for Anti-Money Laundering (AML)/Counter Terrorist Financing (CTF) measures in your country? Act No. 253/2008 Coll., on certain measures against money laundering and...
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31/08/2020
Stabilisation and restructuring law in the Czech Republic
1. Which financial (not tax or labour) short-term compensation schemes for immediate losses due to social distancing measures have been implemented? For which industries/sizes of business? Direct support...
09/04/2020
Czech insolvency rules to change under Lex COVID-19
In reaction to the anticipated economic impacts of the COVID-19 pandemic, on 31 March 2020 the Czech Government approved the so-called ‘Lex COVID-19’ and sent the draft law to the Parliament for expedited...