COVID-19 Crisis Adds to Czech Automotive Industry Woes
By Dr. Iur. Ernst Giese, Partner & Judr. Marie Zámecníková, Associate, Giese & Partner S.R.O.
The COVID-19 pandemic hit the world unexpectedly and caused what is expected to be one of the biggest global economic crises in history. One of the hardest hit branches is the automotive industry, a crucial sector for many national economies, including the Czech Republic, a small country of 10.6...
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Marie Zámečníková is an attorney-at-law at Giese & Partner, s.r.o., with major international experience. She mostly advises German-based and other international clients willing to extend or restructure their business in the Czech Republic as well as insolvency trustees or creditors within various cross-border European insolvency and restructuring proceedings. In addition, Zámečníková frequently lectures and writes on cross-border and international legal and business issues and better lawmaking.
Ernst Giese is the founder and managing partner of Giese & Partner, s.r.o., a leading law firm in both the Czech and Slovak Republics, focusing on corporate, banking, and industry law. For the last two decades, he has acted as legal counsel for leading international banks and was involved in major M&A transactions. Also, he has gained excellent expertise in numerous cross-border restructuring and insolvency cases, especially in the automotive, construction, and energy industries.