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Savoric & Partners

GUNDULICEVA 15, 10000 ZAGREB, CROATIA
Tel:
Work +385 1 4855 900
Fax:
Fax +385 1 4856 232
Web:
www.savoricandpartners.com
Email:

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

Banking, finance and capital markets

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

Savoric & Partners’ savvy team provides ‘excellent service, and is professional, timely, and spot on’. Its primary constituency is domestic and international lenders – such as CIB Bank, JPMorgan Chase, and Morgan Stanley – which it is able to advise on loans, financing, capital markets and regulatory compliance. Marin Vice Vujicic is the key investment funds and regulatory lawyer. Managing partner Boris Šavoric leads on capital markets instructions, and is ‘very available, business-oriented, and makes things easier rather than more complicated’.

Corporate and M&A

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

‘Very good and excellent value for money’, Savoric & Partners is well regarded for its general corporate, commercial and M&A expertise, with one very well placed multinational client deeming it ‘probably the best in Croatia’. It advised Croatian food and healthcare conglomerate Atlantic Group on the acquisition of Slovenia’s Droga Kolinska in 2010, a complex deal that faced antitrust issues. In 2011, it acted for Digitel Communications on selling CityEx, the Croatian postal and courier services company, to Bancroft Private Equity via Bancroft 3 LP fund. Managing partner Boris Šavoric is ‘very available, to the point, business-oriented, and makes things easier rather than more complicated’.

Foreign investment, projects and privatisation

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

‘Very good and excellent value for money’, Savoric & Partners has substantial exposure to international clients, and can advise adeptly on foreign investments into privatising manufacturing industries, transport infrastructure and energy projects. Recent mandates include advising EBRD on financing of municipal projects. Managing partner Boris Šavoric is ‘very available, business-oriented, and makes things easier rather than more complicated’. Marin Vice Vujicic is another significant figure in the practice, and represents a number of investment funds.

Real estate and construction

Within Real estate and construction, Savoric & Partners is a first tier firm,

‘Very good and excellent value for money’, Savoric & Partners is becoming well known for its work in the leisure and tourism sector, and is developing its retail sector client base. The firm is also IKEA’s appointed legal adviser on starting its business in Croatia, including all real estate matters for acquiring and building its retail centres. The team is acting for Hidrocommerce and Jupiter fund in the €100m Sun Gardens project to build three hotels and refurbish four other hotels and some 200 apartments on the coast near Dubrovnik. Managing partner Boris Šavoric is the key figure, particularly for property acquisition financing, and is ‘professional, timely and spot on’. Helena Sjauš leads in litigation and transactions.

Further information on Savoric & Partners

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

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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