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Divjak Topic Bahtijarevic & Krka has advised borrower Zadar Resort and sponsor Dogus Croatia on a EUR 31.2 million loan with Privredna Banka Zagreb and the Croatian Bank for Reconstruction and Development as the mandated lead arrangers. Mamic Peric Reberski Rimac advised Privredna Banka Zagreb and the CBRD.

One of the most important questions within every M&A deal is whether the transaction at hand is subject to merger clearance. The answer to said question might impact the timeline and (potentially) the successful completion of the deal itself. Up until Towercast cases (C-449/21), the analysis was straightforward by applying the clear turnover-based rules defining the applicability of the Regulation No 139/2004 (“Merger Regulation”).

During the Three Seas Initiative annual general meeting in Bucharest in September 2023, Austria's Dorda, Bulgaria's Boyanov & Co., Croatia's Divjak Topic Bahtijarevic & Krka, the Czech Republic's Kocian Solc Balastik, Estonia's Ellex Raidla, Hungary's Lakatos Koves & Partners, Latvia's Ellex Klavins, Lithuania's Ellex Valiunas, Poland's Wardynski and Partners, Romania's Nestor Nestor Diculescu Kingston Petersen, Slovakia's Barger Prekop, and Slovenia's Selih & Partnerji announced they formed the Three Seas Legal Alliance, in recognition of the progress made by the Three Seas Initiative.

Croatia’s energy and real estate sectors are well-positioned for growth, while frequently changing legislation and an ongoing strike by judicial clerks complicate the lives of lawyers, according to Divjak, Topic, Bahtijarevic & Krka Senior Partner Mario Krka.

Did You Know that CEELMDirect tracks – for every law firm and law firm partner – the client matters reported by CEE Legal Matters, and that the Activity Rankings function of the CEELMDirect website allows visitors to create updated leaderboards broken down by time, market, and practice area?

Legal markets, much like other markets, are susceptible to global tendencies and changes shaping the industry. CEELM sat down with Divjak Topic Bahtijarevic & Krka Partner Ema Mendjusic Skugor to discuss the Croatian legal market and its growing pains in keeping up with global trends.

On January 1, 2023, Croatia will finally gain a much-coveted place in the eurozone club. Making the switch is a massive undertaking that will impact every person living and working in the Adriatic country. Eight Croatian legal experts share their insights on how the market will adapt, how the legislative framework will change, and who will stand to gain the most.

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DTB at a Glance

DTB is internationally recognized and award-winning top-tier Croatian legal service provider. For almost thirty years, DTB has been successfully advising national and multinational corporations, financial institutions, investors, and governments both in everyday business and in sophisticated strategic transactions. Its dedicated team of unrivalled efficiency and competence has an interdisciplinary approach tailored to all clients’ legal needs.

Since its establishment in 1994, DTB has been constantly growing in the number of legal areas in which it provides legal services, hence today it represents a one-stop shop for any legal or corporate inquiries made by potential or existing clients. DTB’s main expertise is corporate and commercial, M&A, real estate and project finance, banking, finance and capital markets, regulatory and compliance, IP & TMT, competition and antitrust, energy, labor law and dispute resolution.

DTB’s highly ranked market position in many practice areas is reflected by constant awards and rankings of leading independent researchers. The law firm is also a member of several leading law firm networks, not only on regional, but also on the global level.

For more details, please visit dtb.hr.