Category: Croatia

  • DTB Advises Talan Group on Sale of Solvis to Advance Capital Partners

    Divjak Topic Bahtijarevic & Krka has advised the Talan Group on its sale of a 60% stake in Solvis to Advance Capital Partners. Sole practitioners Branimir Zarkovic and Toni Smrcek advised ACP.

    The transaction remains contingent on regulatory approval.

    The Talan Group is an international consulting group.

    Solvis is a Croatian producer of solar panels and developer of power plants.

    Advance Capital Partners is a regional private equity fund based in Slovenia.

    The DTB team included Senior Partner Damir Topic, Senior Attorney Dina Salapic, and Attorney Dominik Glavina.

  • Krehic Law Firm Advises Elka on Acquisition of Elkakon

    Krehic Law Firm has advised Elka on its acquisition of Elkakon from Cotra Business Center.

    The transaction remains contingent upon regulatory approval.

    Elka is a subsidiary of the Slovenian Group Iskra.

    Elkakon specializes in the production of round and profile industrial conductors.

    The Krehic team included Managing Partner Tarja Krehic.

  • Savoric & Partners Advises on Jadran Hoteli and Marriott International Partnership

    Savoric & Partners has advised Jadran Hoteli on a partnership agreement with Marriott International under its Tribute Portfolio.

    According to the firm, the first hotel within the partnership is scheduled to open at the end of 2024 and will operate under the Tribute Portfolio brand.

    Marriott International’s portfolio includes 8,800 properties in 139 countries. “This exclusive collaboration marks a significant milestone as it positions not only the city of Rijeka but also Croatia and its hospitality offerings as one of the premier destinations,” according to Savoric & Partners.

    The Savoric & Partners Team was led by Partner Nina Radic Kuzik and included Senior Associate Igor Crne. 

  • How Are Political Parties (Ab)Using Intellectual Property?

    In the realm of modern politics, where every move is meticulously calculated and every tactic scrutinized, the strategic employment of intellectual property (IP) has emerged as a potent tool for political parties. From catchy slogans to iconic logos, intellectual property has become integral to shaping public perception and garnering support during election seasons. However, the fine line between legitimate use and exploitation of IP often blurs, raising ethical and legal questions about the (ab)use of intellectual property by political entities.

    Political parties across the globe have recognized the power of intellectual property in crafting their identities and messages. A prime example is the utilization of trademarks to protect party symbols and slogans from unauthorized use by opponents or commercial entities. These trademarks not only safeguard the party’s brand but also enable them to control its narrative in the public sphere.

    One common tactic employed by political parties is the appropriation of popular culture references or existing trademarks to resonate with voters. This could range from incorporating elements of well-known brands into campaign materials to leveraging catchphrases from movies, songs, or memes. While such tactics may initially generate attention and engagement, they can also spark controversy and legal challenges if perceived as copyright infringement or misleading appropriation.

    New possibilities of the digital era

    Moreover, the digital age has opened up new avenues for political parties to exploit intellectual property. Social media platforms serve as battlegrounds where parties seek attention through memes, videos, and other content. However, this often involves repurposing copyrighted material without proper authorization, raising concerns about fair use and the infringement of creators’ rights.

    Another contentious issue is the use of intellectual property in political advertising. Parties frequently commission original artwork, music, or slogans for their campaigns, but conflicts may arise if these creations resemble existing works or infringe upon the rights of artists. Additionally, the dissemination of political ads through various channels, including television, radio, and online platforms, complicates the legal landscape surrounding intellectual property rights.

    Furthermore, the rise of deepfake technology introduces a new dimension to the (ab)use of intellectual property in politics. Deepfakes, which involve the manipulation of audio and video to depict individuals saying or doing things they never actually did, pose a significant threat to the integrity of elections. Political adversaries could use deepfakes to spread misinformation, discredit opponents, or manipulate public opinion, blurring the line between reality and fabrication.

    In response to these challenges, lawmakers and regulatory bodies are grappling with how to address the (ab)use of intellectual property in political contexts. Strengthening copyright laws, enhancing enforcement mechanisms, and promoting digital literacy are among the proposed measures to safeguard intellectual property rights and preserve the integrity of democratic processes.

    Moreover, ethical considerations play a crucial role in guiding the use of intellectual property by political parties. While leveraging IP for strategic advantage is an inherent aspect of political campaigning, parties must exercise caution to ensure that their actions uphold principles of fairness, transparency, and respect for creators’ rights. This entails obtaining proper permissions, avoiding misleading or deceptive practices, and fostering a culture of ethical conduct within the political sphere.

    Certainly, there have been numerous instances in recent history where political parties have been accused of infringing on intellectual property rights during campaigns. Just a few notable examples:

    • Obama “Hope” Poster: During the 2008 United States presidential campaign, artist Shepard Fairey created a now-iconic poster featuring Barack Obama with the word “Hope” underneath. The image became synonymous with Obama’s candidacy and was widely distributed. However, Fairey later faced legal challenges for using a photograph taken by Associated Press photographer Mannie Garcia without permission. The case was eventually settled out of court, with Fairey agreeing to share profits from the poster’s sales with the AP.
    • Trump Campaign’s Use of Music: Donald Trump’s presidential campaigns in 2016 and 2020 were marked by several instances of alleged copyright infringement related to the unauthorized use of music. Numerous artists, including Neil Young, Rihanna, and Pharrell Williams, publicly objected to the Trump campaign’s use of their songs at rallies and events without permission. While some artists issued cease-and-desist letters, others pursued legal action to protect their intellectual property rights.
    • UK Conservative Party’s Use of Fonts: In the lead-up to the 2019 general election in the United Kingdom, the Conservative Party came under fire for using a typeface called “Beepo” in its campaign materials without obtaining the appropriate license. The font’s designer, Anthony Burrill, publicly criticized the party for unauthorized use and demanded that they cease and desist. The incident sparked debate about the ethical implications of political parties failing to respect intellectual property rights.

    These examples highlight the complexities and controversies surrounding the use of intellectual property by political parties during campaigns. While some instances may result from inadvertent oversight or lack of awareness, others raise questions about the ethics and legality of exploiting intellectual property for political gain.

    Big fish in our own small pond. An overview from Croatia

    Some days ago Croatia went through the parliamentary elections, and the ones for the EU Parliament are just around the corner, so the campaign is ongoing and the presence of the political parties in the media is unavoidable. While specific examples of Croatian political parties explicitly using intellectual property rights may not be so widely reported as the above, they too have distinct logos and symbols to represent their identity and values. These are typically protected under trademark law to prevent unauthorized use by other parties. While there haven’t been prominent cases of infringement by political parties, there have been occasional disputes over the similarity of logos or symbols between parties, leading to legal challenges, especially when it comes to campaign materials such as posters, flyers, various forms of digital content, including videos, memes, and infographics, to engage with voters online, all used to promote their candidates and platforms during elections. These materials may incorporate (original) artwork, slogans, or imagery that could be subject to copyright protection. Ensuring that these materials are created or licensed in accordance with copyright laws is essential to avoid potential infringement claims. The State Electoral Commission recently published information on how much political parties and independent lists have spent until this point. The record holder in spending reported payment of a significant sum to a certain rock musician and songwriter for using his song in the campaign.

    While the distribution of political positions in Croatia is now in the negotiation phase, it is encouraging to see a growing awareness of the importance of protecting intellectual property rights.

    This text is for informational purposes only and should not be considered as legal advice. Should you require any additional information, feel free to contact us.

    By Ivana Ervacanin, Senior Trademark & Patent Attorney, ZMP

  • Posavec Vlasic & Mecar Opens Doors in Zagreb

    Tihana Posavec Vlasic and Marko Mecar have teamed up to launch the Posavec Vlasic & Mecar Joint Law Office in Zagreb.

    While Posavec Vlasic & Mecar is set to offer legal services across various industries “they have recognized a growing demand for highly specialized legal services in the energy sector due to Croatia’s increasing focus on renewable energy sources,” the firm announced, as it will focus primarily on energy and infrastructure, company and commercial law, project financing, real estate, M&A, dispute resolution, employment law, IT, and data protection.

    With over 15 years of experience, each has spent over a decade working with energy-focused Laktic & Partners in Zagreb. Before setting up her new firm, Posavec Vlasic in fact spent over 14 years with Laktic & Partners, which she had joined as a Legal Associate back in 2010. Earlier, she spent almost three years with Divjak Topic Bahtijarevic & Krka, between 2007 and 2010.

    Mecar spent 12 and a half years with Laktic & Partners as an Attorney at Law, having joined the firm back in 2011. Before that, he spent two years as an Associate with Maglicic–Migic–Bosnic, one more with Boric & Partners, and a further eight months with Porobija & Porobija. He has also been an Arbitrator with the Croatian Academic and Research Network, since 2018.

    “We pride ourselves on offering strategic and personalized legal advice, tailoring our approach to meet each client’s unique needs,” Posavec Vlasic commented. “Our commitment to excellence drives us to continuously improve our services and stay at the forefront of legal trends.”

    “With our extensive experience and deep understanding of the local legal landscape, we provide innovative and effective solutions to complex legal challenges,” Mecar added. “Our goal is to guide clients through the legal system with confidence and help them achieve their business objectives efficiently.”

  • BDV Advises Kommunalkredit Austria on EUR 25 Million Facility for Star Energy Group

    BDV Batarelo Dvojkovic Vuchetich has advised Kommunalkredit Austria on a EUR 25 million facility for the Star Energy Group’s transition strategy into geothermal energy and for enabling continued investment in the group’s oil and gas business.

    Kommunalkredit Austria is an energy and infrastructure bank.

    The Star Energy Group is an oil and gas company based in the UK.

    “Securing this facility is an important milestone for Star Energy,” Star Energy Group CEO Chris Hopkinson said. “It allows us to use cashflows from our existing oil and gas business to optimize near-term conventional production (with quick pay-backs) and deliver our transition strategy; namely developing and monetizing our geothermal business in both the UK and Croatia.”

    The BDV team included Partner Laurenz Vuchetich and Attorney at Law Anamarija Javor.

    BDV did not respond to our inquiry on the matter.

  • The Season of Change in Croatia: A Buzz Interview with Martin Hren of NLaw

    Impactful legal updates are on the ticket in Croatia according to NLaw Managing Partner Martin Hren, and the stage is set for changes that could significantly bolster the Adriatic country’s start-up ecosystem and IT sector, with more work needed to support renewable energy projects and new technologies.

    “Starting on January 1, 2024, Croatia has made a pivotal change regarding Employee Stock Ownership Plans in limited liability companies,” Hren begins. “Previously, ESOPs were not as enticing for companies and employers due to unfavorable tax schemes, which included additional taxes on top of the social contributions when employees cashed them out. Now, the tax scheme has been aligned with that of joint-stock companies, significantly reducing the tax burden on employees when they exercise their ESOPs.” According to him, this adjustment is a major leap forward in making Croatia a more start-up-friendly environment.

    And, speaking of start-ups, Hren believes this legislative update to be a veritable game-changer. “Start-ups primarily aim to attract talent through ESOP schemes, and the previous tax structure was a considerable deterrent. With the new, more favorable tax treatment, start-ups can now offer ESOPs as a compelling incentive to prospective employees,” he explains. Moreover, he feels that this aligns Croatia’s start-up scene more closely with global standards, “where ESOPs are a common practice to motivate and retain key employees.”

    Moreover, Hren posits that this update will “foster substantial growth in the IT sector and the broader start-up ecosystem in Croatia. While 2023 was somewhat challenging for the IT sector, marked by stagnation and a slowdown reflective of the global economic context, this change in ESOP regulation, combined with ongoing engagement with venture capital funds in both Croatia and Slovenia, is expected to rejuvenate the sector,” he opines. “There’s a temporary pause in VC activity, with many awaiting the funds from the Croatian Venture Capital Initiative 2. This legal update could catalyze increased activity and investment, propelling the Croatian start-up ecosystem forward,” he further explains.

    Aside from the start-ups, there are other sectors poised to benefit from the forthcoming legal updates. “The energy sector, especially renewable projects, is currently experiencing delays due to the non-implementation of regulatory measures,” notes Hren. “Croatia has yet to adjust its legal framework to promote investments in wind, solar, and geothermal projects, which is in line with the EU’s green transition objectives. This indicates promising prospects for legal practices focusing on energy matters in Croatia in the future,” he says. “Additionally, developments in technology law, especially regarding blockchain, crypto, and AI, signal growing legal support needs in these areas.”

    Finally, having all of this in mind, Hren shares that he feels optimistic about the road ahead. “The legal landscape is adapting to support growth and innovation, and these changes, particularly around ESOPs and the energy sector, are steps in the right direction. With careful navigation and strategic investments, I believe we’ll see a resurgence in activity and innovation in the years to come,” he concludes.

  • Kinstellar and Vukina & Partners Advise on S Immo’s Sale of Zagrebtower

    Kinstellar has advised S Immo on the sale of the Zagrebtower office building to the OTP Group. Vukina & Partners advised the OTP Group.

    The transaction remains contingent on regulatory approval.

    According to Kinstellar, “located in the heart of the Croatian capital, the class A office building encompasses a total net area of almost 26,000 square meters and has a BREEAM International In-Use Excellent certificate.” The Zagrebtower consists of a 22-story, 79-meter office tower with a connected nine-story low-rise building. Its tenants include the Croatian Ministry of Economy and Sustainable Energy, Bayer, and Deloitte.

    The Kinstellar team included Counsel Andrijana Kastelan and Senior Associates Matea Sekur and Zrinka Ivankovic.

    The Vukina & Partners team included Partner Fran Vukina and Senior Associate Martin Labas.

  • Vukmir & Associates and BMWC Advise on Sale of Ludwig Pfeiffer Adria

    Vukmir & Associates, working with the German offices of Taylor Wessing, Reimer Rechtsanwaelte, and White & Case, has advised Ludwig Pfeiffer Hoch- und Tiefbau on the hive-down of all Croatian assets to the newly established Ludwig Pfeiffer Adria and its full sale to Croatian construction companies AMM and Vodoprivreda Vinkovici. Bradvica Maric Wahl Cesarec Skerlev advised the buyers.

    Ludwig Pfeiffer Hoch- und Tiefbau is a civil engineering company specializing in the construction of water supply and wastewater networks and is currently under debtor-in-possession management.

    According to Taylor Wessing, the “hive-down under the German transformation act was preceded by an insolvency plan, extensive coordination with the registry and insolvency court as well as the local Croatian contractors (water authorities in Zadar, Nin and Sinj) in order to maintain the public tenders in the context of the hive-down and the sale.”

    The Croatian buyer consortium comprising of AMM and Vodoprivreda Vinkovici will continue the construction projects in Croatia.

    The Vukmir & Associates team included Partner Ivan Cuk and Senior Associates Tea Cerinski and Andrea Kozul Pedisic.

    The BMWC team included Partners Matthias Wahl and Gabriele Wahl Cesarec and Junior Partner Jan Gebauer.

    The Taylor Wessing team included lawyers in Munich and Frankfurt.

  • Maja Seat Makes Partner at Miskovic & Miskovic

    Former Miskovic & Miskovic Attorney-at-Law Maja Seat has been promoted to a Partner position with the Zagreb-based firm.

    Seat advises clients on corporate, commercial, competition, real estate, capital markets, and labor law matters as well as representing them before courts. She joined Miskovic & Miskovic back in 2020, as an Attorney-at-Law. Earlier, she spent over a year with Gjurgjan & Sribar Radic, joining the firm in 2019. Before that, she spent almost three years with Porobija & Porobija, between 2016 and 2019.

    “Maja, a young and diligent lawyer, set forth on a quest to discover a workplace where her skills and unwavering dedication would truly shine to their fullest potential,” Miskovic & Miskovic announced. “Over the course of four transformative years, Maja not only refined her legal expertise but also proved her commitment and a readiness to stand by the team in crucial moments. [Her] transformation from a lawyer to a partner [was] a genuinely earned and well-deserved achievement.”

    “Big thanks to everyone who helped me achieve this milestone: my former and current colleagues who supported and shaped me, the clients who trusted me, and the friends who stuck around,” Seat commented. “And special thanks to [Partners Iva Miskovic and Pavo Miskovic] for this new opportunity!”