Legal500

Zuric i Partneri

IVANA LUCICA 2A (EUROTOWER), 10000 ZAGREB, CROATIA

Tel:: Work +385 1 555 5630
Fax:: Fax +385 1 485 6704

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

Banking, finance and capital markets

Within Banking, finance and capital markets , Zuric i Partneri is a first tier firm,

Active on some of the jurisdiction’s foremost financing transactions, Zuric i Partneri consistently receives client and peer praise as ‘one of the top five Croatian law firms’. Highlights for recommended finance partner Bojan Fras included advising the syndicate of banks acting as security agent – including ING and Bayerische Hypo- und Vereinsbank – on financing of the acquisition of InBev by StarBev (subsequently renamed StarBev); and advising Société Générale on the provision of a large credit facility to Agrokor. Capital markets activity was reflected in advice given on a potential €100m IPO for issue in London and Zagreb, and several smaller placements, including Magma’s €15m offering.

Corporate and M&A

Within Corporate and M&A, Zuric i Partneri is a first tier firm,

Zuric i Partneri provides strong general corporate counsel to clients such as IBM, Cisco and General Motors together with a stream of high-profile transactions. In 2010, Tomislav Tus completed the largest ever transaction in Croatia with the final clearance of merger control issues in Hungarian oil and gas company MOL’s acquisition of INA; and guided Austrian Duropack through its €30m takeover of Croatian packaging manufacturer Belisce. Clients praise the group’s level of performance and knowledge.

Foreign investment, projects and privatisation

Within Foreign investment, projects and privatisation, Zuric i Partneri is a first tier firm,

Zuric i Partneri’s 15-year specialisation in the energy sector has been recognised by the European Energy Law Group. Most recently, the team assisted Enercap on the development of wind energy on the Croatian coast, and advised several energy trading organisations. Previous projects included the €381m refinancing of the Croatian motorways, and assisting foreign investors in the development of tourist resorts.

Real estate

Within Real estate, Zuric i Partneri is a second tier firm,

A highlight of 2010 for Zuric i Partneri was advising on a 25-hectare tourism development in Hvar for a foreign developer. The team continues to work on the Royal Golf Park in Dubrovnik, and received new instructions relating to another golf park in central Croatia.

Shipping

Within Shipping, Zuric i Partneri is a second tier firm,

Zuric i Partneri is strong on ship financing and has recently used its proficiency to assist HSBC with the financing of a shipyard.

What we say worldwide

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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