The Legal 500

Wolf Theiss - Zagreb branch

EUROTOWER, 19TH FLOOR, IVANA LUCICA 2A, 10000 ZAGREB, CROATIA
Tel:
Work +385 1 49 25 400
Fax:
Fax +385 1 49 25 450
Web:
www.wolftheiss.com
Email:
Zagreb, Warsaw, Vienna, Tirana, Split, Sofia and 10 more

Croatia : Banking, finance and capital markets

Within Banking, finance and capital markets, Wolf Theiss - Zagreb branch is a first tier firm,

Wolf Theiss – Zagreb branch provides ‘prompt, clear and business-oriented legal advice’, and its cross-border clients value the firm’s network across the CEE. Recent instructions include acting for investment houses as borrowers of acquisition financing, and acting for Erste Bank Group to recover a €26m construction loan. The firm is also advising UniCredit Bank Austria as lender of a secured financing package for Zapadni trgovački centar d.o.o. to develop its West Trade shopping mall in Rijeka, and continues to advise Citigroup Global Markets on the acquisition of a loan portfolio from Hypo Alpe-Adria-Bank International. Dora Gaži Kovačević heads the team, in which senior associates Vedrana Iveković and Dalibor Valinčić are valued contributors. Luka Tadić-Čolić and ‘very reliable’ managing partner Ronald Given are also recommended.

Croatia : Corporate and M&A

Within Corporate and M&A, Wolf Theiss - Zagreb branch is a first tier firm,

Wolf Theiss – Zagreb branch’s ‘prompt, clear and business-oriented legal advice’ spans general corporate, commercial and transactional matters, as well as competition, labour and tax law. Recent transactions include advising Alpha poslovno savjetovanje d.o.o. on acquiring a stake in Dokument IT, and advising NYSE-listed Commercial Metals Company on the divestiture of a steel mill following financial restructuring of its local holding company. Managing partner Ronald Given is valued as a team leader and dealmaker. The team is deep in quality associates: Dora Gaži Kovačević is ‘a very approachable, hardworking, creative lawyer with in-depth knowledge of various legal fields’, and Silvije Cvjetko is ‘reliable, responsive’, has ‘strong negotiating skills’ and is fluent in German and English. Luka Tadić-Čolić heads the team, Vedrana Iveković is ‘very sharp, proactive and business-oriented’, and Saša Jovičić is valued for IP work as well as his problem-solving ability. Aleksandra Raach and Danijel Pribanić joined Karanovic & Nikolic.

Croatia : Dispute resolution

Within Dispute resolution, Wolf Theiss - Zagreb branch is a second tier firm,

Wolf Theiss – Zagreb branch’s clients include Arenaturist, which it is defending against a minority shareholder action; the team won the initial case, which has gone to appeal. Other cases include litigation and arbitration variously arising from failed privatisations and business relationships. Dalibor Valinčić heads the team.

Croatia : Privatisation, projects and energy

Within Privatisation, projects and energy, Wolf Theiss - Zagreb branch is a first tier firm,

The team at Wolf Theiss – Zagreb branch is ‘very experienced and up-to-date with both relevant legislation and judicial and business practises’, and is able to staff local and cross-border transactions and projects across the transport infrastructure, renewable energy and oil and gas sectors. It advised one of the consortia bidding for the PPP tender to develop and operate a new passenger terminal at Zagreb International Airport. It is also advising a client on a potential tender bid on the privatisation of a port in the Balkan region. In the energy sector, the firm has been retained by Vestas Central Europe to advise on establishing sustainable operations in Croatia and recently advised EVN Croatia Plin on procurement laws. Associates Ira Perić Ostojić and the ‘very approachable and reliable’ Silvije Cvjetko, who heads the team, are the key figures, with senior associate Saša Jovičić also contributing.

Croatia : Real estate and construction

Within Real estate and construction, Wolf Theiss - Zagreb branch is a second tier firm,

Wolf Theiss – Zagreb branch is ‘very responsive and available’, and provides ‘clear and business-oriented legal advice’. The team is advising Leonhard Moll Betonwerke on a complex proposal to lease a railway sleeper factory from bankrupt Croatian entities, and continues to advise investor Bruno Gantenbrink on the purchase of forest following a similar transaction previously. The team advised Movieplex Kina on several lease agreements for multiplex cinemas. Construction financing and advice to investors are also areas where the group has experience. Slaven Šego heads the team. Saša Jovičić and Ronald Given are recommended for corporate real estate, and associate Silvije Cvjetko has ‘very in-depth knowledge’ and ‘presents complex issues in a simple and understandable way’. Former team leader Danijel Pribanić joined Karanovic & Nikolic.

Croatia : Shipping

Within Shipping, Wolf Theiss - Zagreb branch is a first tier firm,

Wolf Theiss – Zagreb branch is ‘excellent – very flexible, expert and efficient’, and clients also appreciate the firm’s office in Rijeka. The practice’s expertise ranges from corporate support to container ports to disputes over the impounding of vessels. Saša Jovičić is the lead legal adviser to International Container Terminal Services Inc for the Adriatic Gate container terminal. Other clients include APM Terminals Management BV, Lombard North Central plc and Mitsubishi Corporation. Rijeka-based attorney Ira Perić Ostojić is able to ‘transform difficult legal problems into normal language’. Zagreb-based Dalibor Valinčić is also recommended.


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Legal Developments by:
Wolf Theiss

  • EU TRANSACTION TAX: ADDITIONAL BURDENS ON BANKS?

    The finance ministers of the European Union met again last week to discuss the plan of introducing a single EU financial transaction tax. According to the plan, a 0.1 percent tax would be levied on bond and capital transactions, while a 0.01 percent tax would be charged on derivatives transactions.
    - Wolf Theiss

Legal Developments in Croatia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Real Estate 2013. Chapter 11: Croatia

    This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London. www.iclg.co.uk ´.
  • Restitution of Property to non-Croatian Citizens – Possible at Last?

    After 14 years from the adoption of the Croatian Restitution Act, restitution to non- Croatian citizens of their nationalised property has become possible after the issuance of a Croatian Supreme Court ruling. Will the remaining restitution proceedings be finalised at last?
  • 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

    Background
  • 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.