Contributed by Cipcic-Bragadin Mesic & Associates
”The most important things coming up in Croatia are the HDZ's intra-party elections,” says Damir Topic, Senior Partner at Divjak Topic Bahtijarevic in Zagreb, of the ruling party. “Mid-March will see these elections concluded and we’ll see which direction the party will take.“ Former Croatian President Kolinda Grabar-Kitarovic, a member of HDZ, lost her bid for re-election in December, 2019 and stepped down on February 18 of this year According to Topic, “the right-wing of the party argues this is due to Grabar-Kitarovic taking a mellow stance (which apparently stems from the 'pro-liberal' orientation of current party’s leaders), which lost her the support of some of the more right-wing parts of the electorate.“
The words which probably best describe trends in the field of logistics and transportation are “information connectivity” and “automatization.” The aim of both is the same – to increase efficiency and to achieve effective control of time, costs, quality of services, etc. In Croatia, as elsewhere, these concepts have resulted in some new legal challenges.
Investment funds represent a rather small part of the financial market in Croatia, but they are undeniably growing in presence and importance. Investment funds are recognized as a significant economic driver for business growth, joining the already well-established banks, insurance companies, and pension funds.
In addition to their traditional role guiding companies through legal and regulatory waters and managing disputes, General Counsels are increasingly called upon to provide input on strategic matters. An expert panel at the second annual Balkan GC Summit considered how this change in the nature of the General Counsel role is manifesting itself in the countries of the former Yugoslavia.
Following the adoption of the Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC („GDPR“) on April 27, 2016, the Croatian GDPR Implementing Act („GDPR Act“) entered into force on May 25, 2018, simultaneously with the start of application of the GDPR.
Why would anyone knowingly become a law firm marketing specialist – a role that is demanding, complicated, challenging, and stressful? To explore this mystery, we went to the source. Accordingly, this time around we asked the law firm marketing specialists of CEE to complete the following question: “I went into Law Firm Marketing/BD as a career because ____________.“
“There haven’t been any large shifts in the legal landscape recently if we’re talking about legal offices, teams moving, exits, and so forth,” says Schoenherr Partner Miriam Simsa. “The general situation seems to be that established players have things pretty much in control and that there is not a lot of room for new entries. Yet it is fair to say that the spin-offs have been increasing their market share over the last few years.”
Divjak, Topic & Bahtijarevic has helped Globe Trade Center obtain stage two financing from Erste & Steiermarkische Bank for the construction of the Matrix Office Park, a project consisting of “two highly-efficient buildings, designed and constructed in line with LEED Platinum certification for green construction,” according to DTB.