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Polenak Law Firm continues a tradition of providing top-quality legal services since 1946.
The firm developed from an individual practice working in criminal and civil litigation to a partnership in the 1970s and added commercial and corporate matters, growing its partnership and areas of work in the 1990s and rising to a structured full-service law firm in 2007.
Throughout its history the firm and its brand was considered one of the market leaders. Today this leadership is recognised and praised by clients and legal directories.
The firm comprises four partners, four senior associates, five associates and six junior lawyers.
The dedication of the firm’s lawyers enable it to offer assistance needed to address all clients’ needs for prompt and well-reasoned legal advice.
The number of transactions handled makes it the most experienced law firm on the market in banking, project finance, M&A, privatisation processes, competition and antitrust matters, aviation, energy, telecommunications and PPP. The innovative approach and newly introduced legal structures give the firm a competitive advantage.
The knowledge and practice of the firm’s litigation lawyers in criminal, civil and commercial cases is remarkable, construing one of its prominent benchmarks.
The affiliation with leading law firms from each jurisdiction in the region through the South East Europe Legal Group (www.seelegal.org) enables it to offer its clients coverage and superior legal services in the region.
Areas of practice
Over 80% of the firm’s clients are multinational corporations and international financial institutions. The firm’s M&A experience over two decades of practice was built by participating in most of the largest M&A transactions, and in numerous share transfers in SMEs. Recently the firm acted for Hyprop as purchaser in the acquisition of the Skopje City Mall, the largest M&A transaction in 2016.
One of the firm’s flagships is its banking and finance practice. The firm advised joint managers on several issuances of sovereign bonds, including advising Deutsche Bank, Citibank and Societe Generale as joint managers of the Macedonian Eurobond issue in 2016. The firm provided regulatory advice and opinions to international banks and IFIs, including advice on loan structuring, drafting agreements, FX matters, enforceability of ISDA and GMRA contracts in Macedonia, secured loan structures, syndicated lending, etc. The firm also assisted corporate issuers in public and private share offerings.
The firm provides full legal support to its corporate clients, including drafting internal rules and procedures for full compliance with the local regulatory framework, local legal compliance on data protection, consumer protection, competition and anti trust, labour law requirements, reporting requirements, etc. The firm prepares drafts and reviews contracts with suppliers and/or buyers and provides legal assistance at the courts and governmental agencies in the Republic of Macedonia.
The firm’s competition practice is a market leader in merger notifications, proceedings at the Commission for Protection of Competition (prohibited agreements, introduction of behavioural or structural remedies, abuse of dominant position) and internal competition compliance checks.
The experience record in real estate includes title examinations and transfers, leases, lease-backs, drafting complex asset deal documentation, entry into public registers, creation and perfection of security over immovable assets, investing immovable assets into a corporate entity (as a share capital increase).
Polenak Law Firm has advised clients on energy generation and energy distribution, as well as companies in the mining industry.
The firm’s IP practice has picked up the pace with the joining of an experienced senior associate who added value and knowledge to its IP group.
Contact Kristijan Polenak (managing partner)
International groupingsSouth East Europe Legal Group
World Services Group
European Business Association
American Chamber of Commerce in Macedonia
Above material supplied by Polenak Law Firm.