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“There is a lot going on at the moment, politics-wise,” says Rojs, Peljhan, Prelesnik & Partners Partner Ana Grabnar. “One of the coalition parties left the coalition and joined opposition parties in filing for a no-confidence vote for the government – that took place this week.”  The opposition did not gather the necessary majority; “surprisingly it gathered even fewer votes than predicted,” she says.

“Well, the legal market is pretty much stable – all firms stay firmly in their places, not a lot of tectonic shift …. all is quiet on the Western front," smiles Robert Prelesnik, Senior Partner at Rojs, Peljhan, Prelesnik & Partners in Ljubljana. “Our economy has been rather stable too, even as we approach a period of slight stagnation – we are quite far away from a recession, which is a good thing in this day and age of Europe," says Prelesnik.

In the light of the favourable economic climate and affordable financing sources, Slovenia has been facing a lively M&A market in the recent few years, especially in the area of commercial real estate. Further, companies are eager to refinance their existing debt or borrow new funds under the more favourable conditions currently available on the market.  Since the majority of financing is done via standard bank financing, every deal poses the same old question: “How will be the loan secured”?

Intellectual property law in the European Union governs the creation and commercial exploitation of exclusive rights given by statutory law to a creator (or inventor). An EU Member State grants a creator a temporarily limited right – intellectual property right – to exclude others from any exercise of the protected intellectual property right as an incentive to promote creative works, innovation or to prevent market confusion. In other words, the main purpose why a state grants intellectual property rights stems from its pursuance of the above-mentioned public interest.

Resentment by domestic law firms in CEE markets against the international and regional firms that have moved in on their once exclusive domain is a common, though perhaps diminishing, refrain. How do domestic law firms in Slovenia feel about the foreign firms that have opened up shop next door?

Law firm Miro Senica and Attorneys has advised household appliance manufacturer Gorenje d.d., on its December 20, 2018 sale of Gorenje Surovina d.o.o., a waste management services provider in Slovenia, to Eko Surovina d.o.o., a member of the Rastoder Group. Rojs, Peljhan, Prelesnik & Partners advised the buyers on the deal.

Rojs, Peljhan, Prelesnik & Partners, and Allen & Overy (together with Consultant Hugh Owen of Go2Law), have advised insurer Generali CEE Holding BV, a part of Italy's Generali Group, on its EUR 245 million acquisition of Adriatic Slovenica Zavarovalna Druzba d.d from financial group KD Group d.d. Ulcar & Partnerji and solo-practitioner Simon Gabrijelcic advised the buyers on Slovenian law matters, and Mayer Brown advised on English law matters.

Rojs, Peljhan, Prelesnik & Partners (RPPP) has advised Enterprise Investors on the acquisition by the Polish Enterprise Fund VII, which it manages, of 100% of shares in sporting good retailer Intersport ISI in a carve-out transaction from Mercator Group. According to RPPP, "the value of the transaction is up to EUR 34.5 million and the transaction transaction is conditional upon obtaining customary regulatory approvals." RPPP — a member of the TLA alliance — reports that "all other TLA law firms from the region, including JPM Jankovic Popovic Mitic from Serbia, Tkalcic-Djulic, Prebanic, Rizvic and Jusufbasic-Goloman from Bosnia and Herzegovina, and Debarliev, Dameski & Kelesoska from Macedonia" were involved as well. Slovenia’s Jadek & Pensa and Serbia’s Prica & Partners advised Mercator on the transaction.

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