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The firm: Divjak, Topic & Bahtijarevic Law Firm is a top-tier corporate and commercial legal service provider to international and Croatian corporations in the Republic of Croatia. Whether it is in established or emerging industries, its lawyers offer an integral insight into the local business environment. It has been successfully advising national and multinational corporations, financial institutions and governments in both everyday business and sophisticated strategic transactions for more than 20 years.

The firm’s 30 lawyers allow it to tailor-assemble a team based on client’s needs, unmatched by competitors both in numbers and qualifications. Besides Croatian, its lawyers are fluent in, court interpreters for, or native speakers of English, German, Russian, Ukrainian and Italian.

DTB’s highly ranked market position is reflected by its constant awards and rankings. Holding the top position is far from effortless; yet, Divjak, Topic and Bahtijarevic has maintained this it for a number of years, over a number of editorial areas, including banking and finance, corporate and M&A, real estate, competition and antitrust, dispute resolution, energy, infrastructure and IP.

This has made the firm’s banking and finance, corporate and commercial, employment, M&A, real estate and dispute resolution groups a top choice for clients’ Croatian-based business plans.

In a nutshell, it has offered clients a steady presence of over 20 years, 30 fee earners, multilingual competence and regional presence through tightly related professional networks.

Divjak, Topic & Bahtijarevic’s associates make up one of Croatia’s strongest corporate and transactional legal teams offering business-friendly solutions and competitive fee structures, with the highest professional standards.

Areas of practice: The firm’s lawyers are organised into more than ten diversified practice groups, allowing it to observe the 24-hour response policy when getting in touch with clients and providing them with up-to-date advice.

Its hallmark practices are:

Commercial and corporate: experienced in major local and cross-border transactions, the firm’s corporate and commercial practice group guides clients through commercial contracts, corporate governance, general company advice, joint ventures and many more.

Banking and finance: the firm’s banking and finance experts guide its clients through the full range of regulatory and compliance issues, as well as in sophisticated transactions.

Energy: having represented clients in the power, oil, gas and renewable energy sectors, the firm has a comprehensive and in-depth understanding of the legal issues that are most important to their continued success.

Mergers and acquisitions: the firm’s dedicated M&A lawyers advise clients on public and private M&A transactions across many different industries and in single and multijurisdictional deals. The team has been engaged in some of the most complex M&A transactions in Croatia.

Real estate and project finance: DTB has exceptional experience and knowledge in representing clients in the most complicated and demanding real estate transactions and most noteworthy infrastructure and energy projects in Croatia. The firm’s clients have included leading developers and investment companies from Europe and the US.

Competition and antitrust: the team’s engagements include successful defence in various cases before the competent bodies, including defence of alleged cartel, alleged abuse of dominance position, proposal for commitments, leniency application etc, as well as various day-to-day competition law advising. Inter-department co-operation is particularly active in terms of merger clearances for M&A transactions.

  • Number of lawyers: 30
  • Languages
  • English
  • German
  • Italian
  • Russian
  • Ukrainian
  • Croatian

Above material supplied by Divjak, Topic & Bahtijarevic.

Legal Developments in Croatia

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  • Implementing Regulations on Public Procurement

    On 1 January 2008 the new Public Procurement Act came into force. However, following the coming into force of the new Act the Public Procurement Office, a regulatory body authorized to develop and coordinate the public procurement system in Croatia reported that in the practice the new Act is actually suspended until the regulations necessary for its implementation are adopted.
  • Amendments to the Personal Data Protection Act

    On 28 March 2008 Croatian Parliament enacted Amendments to the Personal Data Protection Act ("Amendments").
  • Amendments to Civil Obligations Act

    The currently applicable Croatian Civil Obligations Act was enacted in 2005 ("2005 Act") with a goal of harmonizing Croatian legislation with a number of EU Directives relating to combat against late payment in commercial transactions, self-employed commercial agents, sale of consumer goods and associated guarantees, liability for defective products, as well as package travel.
  • Amendments to Electronic Commerce Act

    On 17 June 2008 the Amendments to Electronic Commerce Act ("Amendments") came into force. These amendments are aimed at fully harmonizing Croatian electronic commerce regulations with the relevant EU laws.
  • One-Tier Corporate Governance System Introduced in Croatian Legal System

    On 3 October 2007 Croatian Parliament enacted the Amendments to the Companies Act which should enter into force on 1 April 2008 ("Amendments", "Act"). These Amendments represent the first substantial change to the Act since 2003.
  • New Takeover Act Enacted

  • New Public Procurement Act

    On 1 January 2008 the new Public Procurement Act came into force. The Act was modeled on a number of EU regulations concerning public procurement, most notably directive on coordination of procedures for award of public works, public supply and public service contracts, directive on procurement procedures of entities operating in the water, energy, transport and telecommunications sectors, as well as directive on review procedures to the award of public supply and public works contracts.
  • Resignation of a Member of the Management Board

    In a recently published decision, the Croatian High Commercial Court held that in corporations having two-tier corporate structure, the Supervisory board (as a body resolving on appointment and revocation of members of the Management Board) is not authorised or required to resolve on resignation of the Management Board's member. The court was on the standpoint that the resignation has legal effects as of the moment of its delivery to the Supervisory board. As a result, once the Supervisory board receives a resignation of a member of Management Board, it is not to discuss such resignation, but only undertake necessary steps to appoint new member of the Management Board and register the changes with the competent registry court.
  • Constitutional Court Rules on Squeeze Out

    According to recent press release, in February 2007 the Croatian Constitutional Court overruled the claim filed by minority shareholders of Siemens affiliate in Croatia. The minority shareholders requested the Constitutional Court to declare that rules on squeeze-out introduced into Croatian legal system under the 2003 Amendments to Companies Act are in violation of the Croatian Constitution. Under the disputed rules, shareholders' meeting may, at the request of the majority shareholder holding at least 95% of the shares, decide to transfer to such majority shareholder the shares held by minority shareholders, provided that the squeezed-out shareholders are paid appropriate compensation.
  • Regulation on Investment Fund Mergers

    Based on the authority granted under the 2005 Investment Funds Act, on 14 December 2006, the Croatian Agency for Supervision of Financial Services ("Agency") adopted the Regulation on Open Investment Fund Merger. The Regulation sets out a number of rules related to procedure, conditions and methods for merger of open investment funds in Croatia. The Regulation will come into effect on 30 December 2006.