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21 MASARYKOVA, 10000 ZAGREB, CROATIA
Tel:
Work +385 1 487 7280
Fax:
Fax +385 1 492 0801
Email:
Web:
www.madirazza.hr

Tin Težak

Tel:
Work 00385 1 487 7280
Email:
Madirazza & Partners

Work Department

Banking & Finance, Secured Transactions, Infrastructure, Public Procurement

Position

Tin Težak is partner since 2014. From the beginning of his career in 2007 he focused on contract law, project finance and corporate governance. His current work includes structured lending, investment projects and M&A. For the last several years, he has also been active in company reorganization and debt restructuring.


Croatia

Banking, finance and capital markets

Within: Banking, finance and capital markets

Madirazza & Partners has ‘excellent banking and finance insight’ on behalf of international and domestic lenders and corporates. Recent highlights include advising Dalekovod in an offering to existing shareholders and acting for RP Global Group on financing issues associated with its two Croatian wind farm projects. The team has a longstanding relationship with Zagrebačka banka which it regularly assists on project and real estate finance matters, as well as on the refinancing and restructuring of distressed projects. Josip Madirazza has ‘ample banking experience’ and is a key member of the team that also includes the ‘very knowledgeableMorana Herak and the ‘thoughtful and solutions-orientedTin Težak. Senior associate Tatjana Radmilović is recommended for capital markets work.

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Commercial, corporate and M&A

Within: Commercial, corporate and M&A

Madirazza & Partners provides a ‘timely and accurate service’ encompassing M&A, corporate governance advice and pre-bankruptcy counselling. Josip Madirazza and the ‘knowledgeable’ and ‘analyticalMorana Herak recently advised OT-Optima Telekom on its merger with H1 Telekom. The ‘responsive and helpfulTin Težak is also recommended.

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Dispute resolution

Within: Dispute resolution

The ‘responsive and knowledgeable’ team at Madirazza & Partners provides ‘pragmatic’ advice to clients from the energy, financial services, real estate and telecoms sectors across a range of commercial disputes, including contentious insolvency matters where the firm is praised for its ‘intimate knowledge of the new pre-bankruptcy procedures’. Josip Madirazza and Tin Težak are ‘very confident at handling delicate matters of international arbitration’.

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IHL Briefings

If your firm wishes to publish IHL Briefings or articles, please contact Antony Dine on +44 (0) 207 396 9315 or antony.dine@legalease.co.uk

 

Croatia: Arbitration

October 2017. By Tin Težak, Partner

This country-specific Q&A provides an overview of the legal framework and key issues surrounding arbitration law in Croatia . [Continue Reading]

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Legal Developments in Croatia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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.
  • Regulation on Investment Fund Mergers

    Based on the authority granted under the 2005 Investment Funds Act, on 14 December 2006, the Croatian Agency for Supervision of Financial Services ("Agency") adopted the Regulation on Open Investment Fund Merger. The Regulation sets out a number of rules related to procedure, conditions and methods for merger of open investment funds in Croatia. The Regulation will come into effect on 30 December 2006.