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Porobija & Porobija

GALLERY IMPORTANNE, IBLEROV TRG 10/VII, PO BOX 92, 10 000 ZAGREB, CROATIA
Tel:
Work +385 1 469 3999
Fax:
Fax +385 1 469 3900
Web:
www.porobija.hr
Email:

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

Banking, finance and capital markets

Within Banking, finance and capital markets , Porobija & Porobija is a first tier firm,

Porobija & Porobija acted on behalf of lead managers Barclays, Citigroup and JPMorgan Securities in some of the few capital markets issues of last year, assisting on two international bond issues by the Republic of Croatia totalling $2.75bn. Zelijka Rostas headed the team which also advised international finance houses from Raiffeisen Zentralbank to BayernLB and Eksportfinance on a variety of credit facilities and related security packages, including a €90m credit line for a Croatian oil company.

Corporate and M&A

Within Corporate and M&A, Porobija & Porobija is a first tier firm,

At Porobija & Porobija, Drazen Grubisic-Cabo heads the team which is a regular first choice for foreign and domestic sellers and purchasers. Grubisic-Cabo acted for Croatian engineering company Exor in its acquisition by ABB, and for Shell International on its sale of a 50% stake in a Croatian subsidiary in 2010, in addition to representing the foreign sellers of a majority stake in Istra Cement and Istra Cement itself in relation to its division. Senior partner Boris Porobija is also on hand for special projects in the tourism and construction sectors.

Foreign investment, projects and privatisation

Within Foreign investment, projects and privatisation, Porobija & Porobija is a first tier firm,

Porobija & Porobija has a varied portfolio of projects experience which matches the current trend for energy (oil and gas), renewable energy and infrastructure projects. The team is advising HSH Nordbank in its €63m financing of a wind farm in Vratarusa, and has completed the financing of another €10m wind farm for a lender. A consortium of lead arrangers and lenders, including RBS and Société Générale, recently instructed the firm on the ongoing secured refinancing of the Istrian Epsilon Motorway. Real estate specialist Sanja Porobija is advising Riviera Porec in the uncharted area of amendments to laws covering privatisation and the status of tourist land.

Real estate

Within Real estate, Porobija & Porobija is a first tier firm,

Sanja Porobija at 14-lawyer Porobija & Porobija comes highly recommended. She has recently advised on a variety of standalone and transactional real estate issues, including retailer Condor Real in relation to lease agreements for retail outlets, and an international investor on the purchase of agricultural land. Disputes over land are also a feature – Porobija is engaged on four litigious matters on behalf of a Greek real estate fund and Croatian contractors and corporates.

What we say worldwide

Please choose another Porobija & Porobija office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

Croatia

Offices in Zagreb

Search News and Articles

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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