Savoric & Partners has advised Biochem Polska on its acquisition of Croatian wholesale medical equipment distributor Kvantum-Tim. Bradvica Maric Wahl Cesarec advised an unidentified private individual on the sale.
Banking & Finance in Croatia
Contributed by Savoric & Partners.
Savoric & Partners and Kovacevic, Prpic, Simeunovic Advise on Hrvatski Telekom and Liburana Partnership
Savoric & Partners has advised Hrvatski Telekom on its renewable-source virtual power purchase agreement ten-year partnership with Liburana. Kovacevic, Prpic, Simeunovic advised Liburana.
Wolf Theiss Advises Rhenus Group on Trans Integral Acquisition
Wolf Theiss has advised Germany-based logistics specialist Rhenus Group on its acquisition of Croatian logistics provider Trans Integral.
Squire Patton Boggs Successful for Croatia in ICSID Arbitration
Squire Patton Boggs has successfully represented the Republic of Croatia before an International Center for Settlement of Investment Disputes tribunal against a EUR 200 million claim brought by Marko Mihaljevic.
Karanovic & Partners Advises Mandated Lead Arrangers on Istrian Y Motorway Facilities Restructuring
Ilej & Partners in cooperation with Karanovic & Partners has advised the mandated lead arrangers on the restructuring of facilities granted for the Istrian Y motorway concession project.
Capital Markets in Croatia
Contributed by Deloitte Legal.
Bright Prospects and Busy Lawyers in Croatia: A Buzz Interview with Mojmir Ostermann of Ostermann & Partners
Despite the challenges, Croatia’s M&A market appears to hold promise in 2023 – particularly in the retail, IT, and renewables sectors – according to Ostermann & Partners Managing Partner Mojmir Ostermann.
BDK Advokati Advises on Sale of Integrator to Meritus
BDK Advokati has advised Integrator majority shareholder Aleksandar Hangiman on the sale of the company to Meritus. Mamic Peric Reberski Rimac reportedly advised Meritus.
CMS Advises Best in Parking on Minority Investment by Macquarie Asset Management
CMS has advised Best in Parking and its majority shareholder Breiteneder Immobilien Parking on receiving a minority investment from Macquarie Asset Management. Linklaters advised Macquarie Asset Management.
Closing: PPD and INA’s Sale of TMF to Yildirim Group Now Closed
On April 28, 2023, CMS announced that PPD and INA’s sale of TMF – the largest shareholder of Croatian fertilizer company Petrokemija – to the Yildirim Group (reported by CEE Legal Matters on November 22, 2022), had closed.
Karanovic & Partners and Zagorc & Partners Advise on Volution Group's Acquisition of I-Vent in Slovenia and Croatia
Ketler & Partners, a member of Karanovic, and Ilej & Partners in cooperation with Karanovic & Partners have advised the Volution Group on its acquisition of I-Vent in Slovenia and Croatia for EUR 25.2 million on a debt-free cash-free basis from Milan Kuster. Zagorc & Partners advised Kuster on the sale.
Ilej & Partners Advises ALS on Acquisition of Hidro.Lab
Ilej & Partners in cooperation with Karanovic & Partners has advised ALS on its acquisition of Hidro.Lab.
Kinstellar, ODI, Jadek and Pensa, and Bradvica Maric Wahl Cesarec Advise on TAWAL's EUR 1.2 Billion Acquisition of United Group CEE Tower Assets
Kinstellar and ODI Law, working with Morgan Lewis London, have advised TAWAL on its bid to acquire the Bulgarian, Croatian, and Slovenian tower assets of the United Group for EUR 1.2 billion. Jadek and Pensa and Bradvica, Maric, Wahl, Cesarec advised the United Group. Paul Weiss and Kambourov and Partners reportedly advised United as well.
Leaving the Network Behind: An Interview with Tarja Krehic of the Krehic Law Office
On April 28, 2023, CEE Legal Matters reported that Tarja Krehic had left the Deloitte Legal network to set up a new law firm in Zagreb. We spoke with Krehic shortly afterward to learn more about the concluded cooperation, the intricacies of her new agenda, and the plans for her firm going forward.
Tarja Krehic Leaves Deloitte Legal Network to Establish Law Office Krehic
Tarja Krehic of Krehic & Partners has left the Deloitte Legal Network to set up Law Office Krehic in Zagreb.
Croatian Transposition of Directive (Eu) 2020/1828 on Representative Actions for the Protection of the Collective Interests of Consumers
Croatian Consumer Protection Act authorizes qualified entities such as consumer organizations and public authorities to bring civil proceedings against traders or trade associations engaged in practices that violate Croatian consumer protection laws. Under the current regime, the competent court is authorized to (i) establish that the infringement occurred, (ii) order the respondent (e.g., trader) to cease the prohibited behaviour and, if possible, to adopt measures necessary to eliminate the harmful effects of respondent’s prohibited conduct, and (iii) prohibit any such or similar future behaviour.
Legal Innovation in Continental Europe: A Sneak Peek into Lexpo 2023 with Andrea Miskolczi
As Lexpo – The Legal Innovation Event returns in 2023 after a three-year hiatus, showcasing the latest trends in legal innovation in Continental Europe, CEELM spoke with Dentons Europe Director of Innovation and Member of Lexpo's Advisory Board Andrea Miskolczi to gain an insight into the current state of technology and innovation in CEE, and what the event's attendees have to look forward to.