The Legal 500

NOVA CESTA 60, 10000 ZAGREB, CROATIA
Tel:
Work +385 1 3821 124
Fax:
Fax +385 1 3820 451
Email:

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

Banking, finance and capital markets

Within Banking, finance and capital markets , Babic & Partners Law Firm is a second tier firm,

Babic & Partners Law Firm is familiar with working for major banks, and provides ‘a good level of service and excellent response times’. Recent instructions include advising consortia of local and international lenders on sizeable facilities for borrowers, advising on fund management issues, and on workouts for distressed loans. Practice head Boris Babic is recommended.

Corporate and M&A

Within Corporate and M&A, Babic & Partners Law Firm is a second tier firm,

Babic & Partners Law Firm’s lawyers ‘clearly grasp and understand the objectives of the client, and deliver timely and relevant advice’; there is ‘a high standard of service and excellent knowledge of the English language’. Fees are deemed more in line with international rather than local rates but worth the cost. The team advises on M&A, labour and employment law and general corporate issues. Recent instructions include representing two renewable energy companies on divesting certain interests, advising on a potential acquisition in the retail sector, and acting as local counsel to Jones Lang LaSalle during its global merger with King Sturge property consultancy. Senior partner Boris Babic is recommended, as are recently promoted partner Boris Andrejas and the ‘prompt and proactive’ Marija Gregoric, who has ‘excellent negotiation skills’, and ‘clearly sets out the legal issues and risks, and always provides explanations as to whether the issues raised are significant’.

Foreign investment, projects and privatisation

Within Foreign investment, projects and privatisation, Babic & Partners Law Firm is a second tier firm,

Babic & Partners Law Firm advises on investments, acquisitions and related competition issues, as well as on trade practices and litigation. The firm represents several powerful multinational corporations in various industries, but particularly in the commodities and retail sectors. Boris Babic and Marija Gregoric are recommended.

Real estate and construction

Within Real estate and construction, Babic & Partners Law Firm is a third tier firm,

Babic & Partners Law Firm has been advising a local company on development of a coastal hotel as part of an international franchise. The ‘very reliable, friendly and always responsive’ Marija Gregoric is the firm’s key lawyer for real estate financing.


Further information on Babic & Partners Law Firm

Please choose from this list to view details of what we say about Babic & Partners Law Firm in other jurisdictions.

Croatia

Offices in Zagreb

Legal Developments by:
Babic & Partners Law Firm

  • 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

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?
  • 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.
  • 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.