Jadek & Pensa Senior Partner and Head of the Transaction Unit Ozbej Merc talks about the evolution of the banking sector and their role as legal advisors in Slovenia over the last 10 years.
The Debrief: April 2024
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Unpacking the Minimum Tax Act: Implications for Slovenia, Croatia, and the Region
Slovenia and Croatia adopted the Minimum Tax Act (MTA). The MTA implements Directive (EU) 2022/2523 to ensure a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the EU. The latter is a consequence of the OECD’s global fight against tax base erosion within the scope of Pillar II.
The Corner Office: 2024 Wishes and Perils
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. As we bid farewell to 2023, this time around we turn our attention forward: What is your one main wish for 2024 and what do you see as the biggest potential risk?
Slovenia: Amendment to the Insolvency Act Brings Additional Duties to the Management and Supervisory Bodies
On November 1, 2023, the amendment to the Slovenian Insolvency Act (ZFPPIPP-H) entered into force and introduced a series of significant changes that should not be overlooked.
Suzana Boncina Jamsek Sets Up BJK Law in Ljubljana
Former ODI Law Partner and Head of Transactions Suzana Boncina Jamsek has launched BJK Law, a specialist boutique law firm in Ljubljana.
Cerha Hempel Enters Slovenian Market with Addition of Ulcar & Partnerji
Cerha Hempel has announced it is expanding into Slovenia through a new cooperation with Ulcar & Partnerji as of March 1, 2024.
Harrisons, Maric & Co, Lambadarios, Wolf Theiss, and Selih & Partnerji Advise on EUR 1.7 Billion United Group Refinancing
Harrisons, Maric & Co, Lambadarios, and Wolf Theiss, working with Linklaters, have advised a banking consortium led by UniCredit Bank London on the United Group's EUR 1.7 billion issuance of four tranches of senior secured and PIK notes as well as on the increase and extension of its EUR 410 million revolving credit facility. Selih & Partnerji, working with Paul Weiss, advised the United Group. Schoenherr, Koutalidis, De Brauw Blackstone Westbroek, and Elvinger Hoss Prussen reportedly advised the United Group as well.
Sibincic Novak & Partners Opens Doors in Ljubljana
Partners Jan Sibincic, Matic Novak, and Nina Cuden have recently announced the launch of their new firm: Sibincic Novak & Partners has opened its doors in Ljubljana.
Did You Know: 2023 Leaderboards in Bosnia and Herzegovina, Moldova, Montenegro, North Macedonia, and Slovenia
Did you know that, using the Activity Rankings function of the CEELMDirect website, you can look up the 2023 deal leaderboards in each CEE market, including Bosnia and Herzegovina, Moldova, Montenegro, North Macedonia, and Slovenia?
Changes of the Value Added Tax Act (ZDDV-1) in Slovenia from January 1, 2024
In a recent update to the VAT Act in Slovenia, notable amendments have been introduced, particularly focusing on services in the public interest. Article 42(1)(5) of the VAT Act has changed, emphasizing VAT exemptions exclusively for services provided within activities deemed in the public interest.
Nlaw Appoints Martin Hren as Managing Partner in Croatia and Katya Mezek To Lead Newly Opened US Office
Nlaw Partner Martin Hren has become the new Managing Partner of the firm's Croatian office. At the same time, Nlaw announced the opening of its US office with Of Counsel Katya Mezek at the helm.
Austria's Mariella Kapoun and Georg Gutfleisch and Slovenia's Amela Zrt and Ivan Kranjec Make Partner at CMS
Mariella Kapoun and Georg Gutfleisch have become Partners at CMS in Austria, while Amela Zrt and Ivan Kranjec have become Partners at CMS in Slovenia, as part of the firm's latest promotion round.
Schoenherr Appoints Seven New Partners in Poland, Romania, Serbia, Slovakia, and Slovenia
Poland's Weronika Kapica and Daria Rutecka, Romania's Adina Damaschin and Mara Moga-Paler, Serbia's Zoran Soljaga, Slovakia's Michal Lucivjansky, and Slovenia's Peter Gorse have all been appointed to Partner positions with Schoenherr.
Drakopoulos Joins South East Legal Alliance
Drakopoulos has become a part of the South East Legal Alliance, thus expanding the network’s reach to Athens, Bucharest, and Nicosia.
Masa Kramar, Eva Rop, Matija Urankar, and Marusa Senica Make Partner at Senica
Masa Kramar, Eva Rop, Matija Urankar, and Marusa Senica have all been promoted to Partner positions with the Senica law firm in Ljubljana.
Closing: Sale of Cargo-Partner Subsidiaries to Nippon Express Now Closed
On January 4, 2024, Boyanov & Co announced that the EUR 1.4 billion sale of Cargo-Partner subsidiaries to Nippon Express (reported by CEE Legal Matters on May 17, 2023) had closed.
Wolf Theiss Advises Joint Lead Managers on EUR 1.5 Billion Republic of Slovenia Note Issuance
Wolf Theiss has advised joint lead managers Barclays, BNP Paribas, Deutsche Bank, Erste Group, Goldman Sachs Bank Europe, and Nova KBM on the Republic of Slovenia’s EUR 1.5 billion Reg S note issuance.