At its session on May 13, 2022, the Croatian Parliament passed the Law on the Introduction of the euro as the Official Currency in the Republic of Croatia, which regulates the introduction of the euro as the official currency in the Republic of Croatia, as well as the rules for the conversion, supply and exchange of kuna for cash euros and other important issues. However, it was determined that the law will enter into force only on the first day after the publication of the EU Council's decision on the adoption of the euro. On July 12, 2022, the Council for Economic and Financial Affairs of the EU (Ecofin) adopted the three final legal acts that are necessary for Croatia to introduce the euro, which made the Law to come into force on July 13, 2022.

While the legal proceedings are initially associated with "litigation" between two opposing parties, court proceedings are also conducted in a form of non-contentious procedures. These are judicial proceedings that have the characteristic of a non-contentious procedure (non-contentiousness exists either regarding the facts and/or regarding rights), and the rules governing their conduct are significantly more flexible than the "rigid" and "formal" litigation procedure. In this type of procedure very significant life situations are resolved, such as matter of the legal status of an individual, as well as specific property related legal situations. Despite the vital importance of these procedures, the first Law on non-contentious procedure in the Republic of Croatia was only enacted in 2023. In this overview, we will briefly outline its most essential features

This text presents a concise insight into the world of mezzanine loans; a hybrid institute created from the need to seek alternative financing to traditional bank loans. As its name suggests – a mezzanine loan is located between two “layers”, i.e., between senior loans and equity, and can be considered as a hybrid of these two forms of financing.

Are you an undertaking operating in the food supply chain? If so, you are by now certainly familiar with the fact that the Republic of Croatia has adopted specific rules for contractual relations between buyers and suppliers in the mentioned sector (Act on Prohibition of Unfair Trading Practices in the Food Supply Chain). Although you have certainly already adapted your business to the rules of aforementioned regulations, we are confident that you will be interested in the changes that may soon occur.

WAHL advised Perform[cb] on their acquisition of Bay42 Banja Luka