Last month the Czech Republic saw a rare economic setback as Finnish paper giant Myllykoski – advised jointly by local firm Vejmelka & Wuensch (V&W) and the Berlin and Hamburg arms of Freshfields Bruckhaus Deringer – ditched plans to invest €450m (£303m) in new premises in Opatovice 100 kilo-metres east of Prague.
However, that setback – which Myllykoski attributed in part to ‘regulatory uncertainty’ – belies a buoyant legal market that has been boosted in recent years by a surge in interest among overseas investors, beyond the usual suspects from the US and UK.
