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Madirazza & Partners

MASARYKOVA 21, 10000 ZAGREB, CROATIA

What we say about the firm's legal practice in Croatia

Banking, finance and capital markets

Within Banking, finance and capital markets , Madirazza & Partners is a third tier firm,

Madirazza & Partners advises banks and investment funds on general legal matters and on specific transactions including financing and restructuring across a range of industry sectors include real estate, IT and manufacturing. The firm’s clients include Nexus Private Equity Partneri, which it has been advising on an ongoing basis since 2008, as well as a leading Croatian bank and a leading leasing company. Managing partner Josip Madirazza is ‘extremely thorough and delivers on time’.

Corporate and M&A

Within Corporate and M&A, Madirazza & Partners is a third tier firm,

Madirazza & Partners rates very highly, fielding ‘local experts who help steer through local laws and local custom’. It provides general corporate and labour law support, as well as restructuring and M&A advice, and has particular expertise in the automotive, logistics and telecoms sectors. Josip Madirazza and senior associate Tin Težak are ‘extremely thorough and deliver on time. They have both the expertise and contacts necessary to help navigate what can be a very bureaucratic landscape’. Ivan Madirazza is also a busy practitioner.

Foreign investment, projects and privatisation

Within Foreign investment, projects and privatisation, Madirazza & Partners is a third tier firm,

Madirazza & Partners is familiar with acting for foreign clients, particularly those involved in renewable energy or tourist resort developments.

Real estate and construction

Within Real estate and construction, Madirazza & Partners is a third tier firm,

‘Very professional, reliable and trustworthy’, Madirazza & Partners advises developers and construction companies throughout the project lifecycle including regulatory requirements. Josip Madirazza is ‘a very experienced lawyer. He gives proper advice based on his knowledge and significant personal experience, thereby minimising the risks for his clients’.

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Legal Developments in Croatia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

  • 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?
    - Schönherr

  • 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.
    - BABIC & PARTNERS Law Firm

  • Amendments to the Personal Data Protection Act

    On 28 March 2008 Croatian Parliament enacted Amendments to the Personal Data Protection Act ("Amendments").
    - BABIC & PARTNERS Law Firm

  • 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.
    - BABIC & PARTNERS Law Firm

  • 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.
    - BABIC & PARTNERS Law Firm

  • 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.
    - BABIC & PARTNERS Law Firm

  • New Takeover Act Enacted

    Background
    - BABIC & PARTNERS Law Firm

  • 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.
    - BABIC & PARTNERS Law Firm

  • 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.
    - BABIC & PARTNERS Law Firm

  • 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.
    - BABIC & PARTNERS Law Firm
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