Firm Profile > Madirazza & Partners > Zagreb, Croatia

Madirazza & Partners
10000 ZAGREB

Banking, finance and capital markets Tier 1

Madirazza & Partners handles a vibrant mix of new money financings and refinancings/restructurings for lenders and borrowers. Having been at the vanguard of the pre-bankruptcy procedure in the country (it was involved in the first major case implementing the procedure following its enactment in 2012), the team has developed an excellent reputation for handling high-profile creditor-side work, including its pivotal role for numerous banks as fulcrum stakeholders of the Agrokor Group under the newly enacted Extraordinary Administration Act. 'Very well-respected' managing partner Josip Madirazza was central to the aforementioned mandate and is also noted for his 'excellent work' on energy project financings. Morana Herak and recently promoted partner Tatjana Radmilović regularly advise issuers and underwriters on debt and equity capital markets transactions.


The firm combines in-depth knowledge of specific sectors with a very flexible and reasonable approach to foreign clients which have little knowledge of the Croatian legal system, and need to be guided and advised efficiently.

Josip Madirazza stands out as a result of his longstanding experience in corporate and finance law and his patience and insight in handling complex negotiations between strong personalities.

Tin Težak is a knowledgeable and hands on lawyer.

Key clients

VTB Bank (Europe) SE

Zagrebačka banka d.d.

Deutsche Bank Luxembourg S.A

Zagrebačka banka d.d. (UniCredit Group)

Raiffeisen Leasing d.o.o.


Dispute resolution Tier 1

Madirazza & Partners has an excellent track record for energy, telecoms and financial services companies in litigation before the commercial courts, as well as in arbitration. Josip Madirazza has recently handled numerous cases for banking clients, including successfully securing an arbitral award for UniCredit Bank Austria in a dispute arising from its role as one of the syndicated banks on the financing of a major domestic PPP project. The firm is also regularly involved in large debt collection cases, including its ongoing work for the Croatian public broadcaster, Hrvatska radiotelevizija, on its collection of unpaid service fees from companies and private individuals.

Key clients

UniCredit Bank Austria AG

VTB Bank (Europe) SE

Hrvatska radiotelevizija

Croatia osiguranje d.d.

Privatisation, projects and energy Tier 1

Madirazza & Partners is particularly noted for its expertise in M&A and project finance relating to energy projects. Josip Madirazza is 'one of the most successful and recognised senior attorneys in the market' and handles work for both lenders and borrowers. Senior associate Marinka Kovačić has 'excellent knowledge of energy-related matters'.


Josip Madirazza is one of the most successful and recognised senior attorneys in the market.

Marinka Kovačić has excellent knowledge of energy-related matters

Key clients


wpd europe GmbH


Biomass to Energy Županja d.o.o.

Biomass to Energy Benkovac d.o.o.

Maltezian, a. s.

MET Croatia Energy Trade Ltd. (subsidiary of MET Holding AG, Switzerland)

Vjetroelektrana Rudine d.o.o.

RP Global Danilo d.o.o. (RP Global group)

Vjetroelektrana Lukovac d.o.o.


Commercial, corporate and M&A Tier 2

Madirazza & Partners advises domestic and international entities on M&A work, as well as day-to-day corporate and commercial matters - including corporate governance advice and guidance on contractual law matters. The 'experienced and calm' Josip Madirazza regularly handles M&A matters within the telecoms, energy and pharmaceutical sectors. He has also established a market-leading reputation for handling corporate restructuring matters and has had a pivotal role for many major financial institution creditors on the high-profile Agrokor insolvency.


The firm is very client oriented.

The experienced Josip Madirazza is a calm attorney, who is open minded when seeking solutions.

Morana Herak has high sense of responsibility for her work, she is responsive to the client and solution-oriented.

Senior associate Marinka Kovačić has very good knowledge of energy transactions.

Key clients

VTB Bank (Europe) SE


Triglav INT, holdinška družba, d.d.



Dalekovod, d.d.

wpd europe GmbH



Sunčani Hvar

PharmaS d.o.o.


Real estate and construction Tier 2

Led by Josip MadirazzaMadirazza & Partners advises investors and developers across the spectrum of work associated with the development of real estate, from permits, to building contracts, lease contracts, and the acquisition of real estate via asset and share deals. Madarizza is also well versed in advising lenders and borrowers on secured lending matters using real estate as collateral.

Key clients



The firm: Madirazza & Partners is a full-service law firm specialising in corporate law and business transactions, established in 2000 in Zagreb by the managing partner Josip Madirazza. The firm is now one of the leading law firms in Croatia covering banking, industrial, commercial, service and energy sectors. The firm has distinguished itself with its role as advisor in several most significant transactions and projects in Croatia to date. In addition to providing advice in complex M&A and financing deals, the firm is especially recognized for its specific expertise in renewable energy, cross-border investment as well as bankruptcy and restructuring.

The firm’s particular advantage is its membership in the prominent regional legal network ADRIALA – an alliance of top-tier regional law firms who cooperate and provide harmonized services in 10 jurisdictions to international clients. The firm also maintains close contacts with major international law firms and is often engaged on joint mandates regarding Croatian law matters.

Its team of lawyers is highly specialized in a variety of practice areas, enabling it to offer expert advisory services to the highest professional standard.

Areas of practice: The firm provides its clients with expertise in the following practices and industries: corporate law, governance, mergers and acquisitions, competition law, banking and finance, capital markets, project and infrastructure finance, bankruptcy and restructuring, real estate law, arbitration, litigation, renewable energy, industrial and consumer products, healthcare, hospitality and leisure, labour and employment law.

The firm’s clients include multinational enterprises, domestic and international corporations, public institutions and high-net-worth individuals. The firm regularly acts for banks, investment funds and corporations from various sectors.

The firm has great experience in bankruptcy, corporate restructuring and refinancing procedures. The firm advised a number of the leading Croatian listed companies on issues such as the restructuring of their €1bn debt as well as on their share capital increases and public offerings valued altogether at more than €100m. The firm has advised major financial creditors of AGROKOR Group in successfully completed restructuring procedure.

The firm advised on transactions in the hospitality sector, such as the landmark sale of a major hotel company in Istria for €120m, which has been recorded as the largest ever M&A transaction in Croatia.

Madirazza & Partners is a sought-after advisor in the field of renewable energy project development and finance. The firm has been acting as legal advisor in the development and financing of a number of wind parks, which have all been successfully developed.

Madirazza & Partners advised a Croatian mandatory pension fund on the Croatian government’s process of granting motorway concessions for the operation and maintenance of highways to private operators, for a period of 30 to 50 years and with a one-time concession fee between €2.4 to €3.2bn.

Madirazza & Partners has a standing dispute resolution and arbitration practice, being one of the few Croatian law firms with significant experience in domestic and international commercial arbitration. Madirazza & Partners also runs a strong debt enforcement department with over 150,000 active cases.

Department Name Email Telephone
Banking and Finance Josip Madirazza
Banking and Finance Tin Težak
Capital Markets Morana Herak
Capital Markets Tatjana Radmilović
Energy and Infrastructure Josip Madirazza
Energy and Infrastructure Marinka Kovačić
Mergers and Acquisitions Morana Herak
Mergers and Acquisitions Tatjana Radmilović
Bankruptcy and Restructuring Josip Madirazza
Bankruptcy and Restructuring Tin Težak
Corporate and Commercial Morana Herak
Corporate and Commercial Tatjana Radmilović
Corporate and Commercial Tin Težak
Project Finance Morana Herak
Project Finance Marinka Kovačić
Real estate and construction Ivan Madirazza
Real estate and construction Veno Vozetić
Employment and labour Marinka Kovačić
Foreign investment Josip Madirazza
Foreign investment Tin Težak
Arbitration and dispute resolution Tin Težak
Arbitration and dispute resolution Josip Madirazza
Litigation Veno Vozetić
Regulatory and administrative Morana Herak
Regulatory and administrative Marinka Kovačić
Competition Tatjana Radmilović
Competition Tin Težak
Transport Veno Vozetić
Number of lawyers : 16
Contacts : Josip Madirazza
Contacts : Ivan Madirazza
Contacts : Morana Herak
Contacts : Tin Težak