Slovenia

Reviews

Practice area

IFLR1000 Reviews

Overview

Solicitors governing body: Odvetniška zbornica Slovenije (Slovene Bar Association)

Competition authority: Slovenian Competition Protection Agency

Financial regulator: Bank of SloveniaAgencija za trg vrednostnih papirjev (Securities Market Agency)

IFLR1000 ranking categories for this jurisdiction: 

Financial and corporateProject development

Jurisdiction overview

Slovenia declared its independence on June 26 1991 from the Socialist Federal Republic of Yugoslavia and became a member of the EU in 2004. The country is a civil law system backed by the constitution. Due to its historic role as part of the Austro-Hungarian empire and Yugoslavia, the legislation has been influenced by the German and socialist systems.

In Slovenia, lawyers practice under the title Odvetnik/Odvetnica. Slovenian lawyers must be registered with one of 11 regional assemblies ultimately regulated by The Slovene Bar Association and the Bar Act.

As a member of the EU, Slovenia allows lawyers from EEA countries to practice foreign law, set up local offices and practice as foreign legal consultants. They can also re-qualify as Slovenian lawyers.

There are few restrictions for EU law firms setting up in the country. though non-EU firms may only establish as unlimited partnerships. There are no naming restrictions.

The legal market is largely made up of local firms, though regional players such as CMS, Karanović & Nikolić, Schoenherr and Wolf Theiss also have offices. Recent years has seen a number of firms look to establish alliances with other Balkan firms.

Financial and corporate
Avbreht Zajc & Partners

Avbreht Zajc & Partners is a member of Warwick Legal Network. Through its membership the firm is equipped to provide legal support to its clients throughout Europe.

During the research period, the firm acted on investments and restructuring mandates in the energy sector while providing due diligence support to the buyer in a takeover transaction in transportation sector.

Client feedback

"Highly professional and responsive." – M&A, regulatory, restructuring and insolvency

Borut Zajc

 "Highly professional and responsive."

CMS Reich-Rohrwig Hainz

CMS is strong in Slovenia across the financial and corporate area. It also often acts alongside its other branches on cross border mandates.

In financial and corporate, the firm has been active in cross border mandates advising on the Slovenian law across M&A, financing, NPLs and capital markets work, acting for a mix of sellers, creditors and borrowers. Publishable highlights include work as local advisor to the sellers in the CIMOS privatisation process and advisor to the lenders including UniCredit on refinancing of SIJ’s existing loan portfolio.

In project development, the firm has been advising a real estate manager on the acquisition of land for the development of a business park.

Key clients include CTP Ljubljana, Credit Suisse and BNP Paribas.

Client feedback

"Highly motivated, available for its clients, and professional." – Banking, restructuring and insolvency

Jadek & Pensa

Jadek & Pensa is one of the leading domestic firms in the market, and strong across the financial and corporate area.

In the banking area, the firm acted on Livar’s syndicated credit facility advising Gorenjska Banka as the creditor

The firm been active in M&A advising the likes of Greenbay Properties and Sportina Group as sellers in real estate transactions. It also advised Gorenje in its bid to go from public to private company.

In project work, the firm has been advising Slovenian railways on the development of Ljubljana railway station.

Partners Simon Gabrijelčič and Jansa Car Kranjc left the firm while Anja Strojin Štampar joined corporate team as senior counsel.

Key clients include Greenbay Properties, Gorenje and Slovenian railways.

Karanović & Partners in cooperation with local lawyers

Karanović & Nikolić draws upon its network of offices across the Balkans area and can be seen acting on notable cross border mandates.

During the research period, the firm has acted for Pine River Capital on acquisition of an NPL portfolio and KBM Invest on its restructuring process. Elsewhere, it has advised the lenders on corporate financing and debt refinancing of publicly listed companies.

In project development, the firm has been advising corporate companies on the construction of business facilities in Slovenia. One publishable highlight saw the firm advise Marifarm on the reconstruction of pharmaceutical laboratory.

Corporate lawyer Alexander Poels joined the firm as partner.

Key clients include Pine River Capital, KMB and Addiko bank.

Law firm Kavčič Bračun & Partners

Law firm Kavčič Bračun & Partner has primarily focused on M&A work during the research period. The firm has acted for public and privately listed companies in M&A, with a mix of buy and sell side work, across sectors including telecommunications. It advised the buyer on the acquisition of Teleray. 

In banking area, the firm has been active in refinancing work acting for the lenders on refinancing of a Slovenian company. On the borrower’s side the firm advised on debt refinancing transaction. 

Its capital markets work includes advising the issuers on notes issuance and ICO mandates.

The firm’s project work is confidential but it has been advising on acquisition of property rights for reconstruction purposes and also advising project developers on the structure of a processing plant development.

Publishable clients include DARS and RSBC Group.

Client feedback

"Fast, high expertise, and a good negotiator." – Banking

"The firm provided brilliant work. They were always available, practical and knowledgeable. It was a pleasure working with them." – M&A

"Kavčič, Bračun & Partners is a reliable firm offering holistic services, with deep industry knowledge. They are always on time and available when needed." – M&A, regulatory, restructuring and insolvency

Igor Angelovski 

"Excellent knowledge and availability. It was very easy to get along and agree on the different matters of the transaction. Great practical view of things."

"Superb financial knowledge."

Simon Bračun

"Fast, expert, risk oriented and good negotiator."

"Great restructuring lawyer."

Rok Jerovšek

"Another outstanding lawyer with a great approach to legal matters."

"Top potential among young lawyers."

Matej Kavčič

"Great industry sector knowledge in telecommunication. Strong negotiation skills with understanding of business position and able to find best solution. He is reliable and always accessible."

Peter Malis

"Analytical and very precise."

Law Firm Miro Senica and attorneys

Law Firm Miro Senica and attorneys is one of the largest firms in Slovenia and has a strong M&A practice. 

During the research period the firm's M&A work involved transactions spanning several sectors including real estate, banking and energy. One highlight was advising Clean Energies Investors on its acquisition of distressed assets from ECOS. Elsewhere, in confidential mandates, the firm represented an international fund on acquisitions across the banking and infrastructure sectors.

Away from M&A, the firm also represented AUTORIZE on its ICO assisting on contracts and documents preparation. It also provided regulatory advice to Banca IMI in relation to the recent changes in European legislations.

Recent staff hires include Counsel Anastasiia Poels and Partner Katarina Kresal, who joined the firm from Peterka and Partners and Law office Katarina Kresal respectively. Corporate lawyer Mojca Muha left the firm.

Law firm Sibinčič Križanec

Law firm Sibinčič Križanec has been active in corporate work, advising companies on restructuring mandates and acting M&A transactions. Highlight works include acting on behalf of Gold Elephant on its acquisition of Hotel Kompass, and advising DATALAB on its restructuring process.

Staffing changes include the addition of six new associates, while partner Jure Medak has left the firm.

Key clients include Httpool, Gold Elephant and Axion Holding.

Client feedback

"Experienced in complex cross border transactions. Very responsive, creative and efficient." – Banking, M&A. regulatory, restructuring and insolvency

"Law firm Sibinčič Križanec consists of two managing partners, among others, who are very valuable in terms of accuracy, speediness and focus on execution." – M&A

"Mr Sibinčič, who I work with, is a trustful and knowledgeable young legal counsel whose legal assistance gives me full confidence." – M&A

Jan Sibinčič

"Jan is very valuable in terms of accuracy, speediness and focus on execution"

"Fantastic, hardworking, creative and very efficient with a strong international acumen."

ODI Law Firm

With four offices across Slovenia, Serbia, Croatia and Macedonia, ODI law firm is able to take on cross border transactions.

The firm has been active across financial and corporate area, advising on several financing and debt refinancing transaction acting for a mix of lenders and debtors. The firm also acted for creditors on debt restructuring mandates. Notable highlights include advising B2 Kapital on its NPL acquisitions and advising lead arranger financing the takeover of Pekarna Grosuplje. 

In projects the firm acted for the Slovenian government concerning investment agreement in project magna. It also advised the municipal government on PPP process in public housing renovations project.

Key publishable clients include EBRD, Unicredit and Municipality of Slovenska Bistrica.

Client feedback

"All the lawyers of ODI Law Firm, with whom I have been working in the past, have truly impressed me as they provided the support that I needed being new to the country, and not being familiar with the legal system in detail. They answer very fast, are tough in negotiations and provide good feedback. Their main strength is that they try to maximise my support and not their hours." – Banking, M&A, project development, project finance, regulatory

"Fast and reliable." – M&A

"ODI Law Firm delivers commercially pragmatic and responsive service." – M&A

"ODI Law Firm is professional, proactive and reliable." – Banking

Maša Drkušič

"Fast, kind, available and has made no mistakes so far."

Primož Mikolič

"Though he is very young, he is very responsive and supportive and knows how to get the information I need."

Tine Mišic

"He delivers commercially pragmatic and responsive service."

Lea Peček

"She is very professional with proactive approach (she proposes new solutions) and also very prompt with replies."

Odvetniki Šelih & Partners

Odvetniki Šelih & Partners is a member of SEE Legal Network.

During the research period, the firm’s financial work has included advising both the lenders and borrowers on refinancing transactions and aviation and acquisition finance. In the corporate area, it has advised international businesses, banks and private equity firms on acquisitions and exits, and restructuring work. Notable highlights include advising EBRD on its exit from Prva and assisting Pepco in its entry into the Slovenian market.

Key clients include Zara Holdings, EBRD, MARS and AGIC capital.

Client feedback

"They are highly qualified, with much experience and are always up-to-date with all jurisprudence and regulatory changes." – M&A, restructuring and insolvency

Rojs Peljhan Prelesnik & Partners

Rojs Peljhan Prelesnik & Partners is one of the largest firms in Slovenia and has a strong practices across the financial and corporate area. 

During the research period, the firm’s corporate work has included some of high-profile mandates namely advising Agrokor on its restructuring and advising the buyer on world’s first acquisition of an established cryptocurrency exchange in the world. It also advised Lone Star on the sale of its real estate portfolio 

In capital markets, the firm has acted for arranger on the issuance of registered notes. 

In the projects space, the firm mostly advised investors and project developers in construction projects such as project Nukelus.

Notable clients include EBRD, Lonestar, City Municipality of Ljubljana and HETA asset Resolution.

Schoenherr Slovenia

Schoenherr Slovenia has an active financial and corporate practice, working on a mix of banking and M&A transactions. 

During the research period, the firm picked up several M&A mandates in the TMT sector, advising on the buy side. Clear highlight saw the firm provide due diligence support to United Group on its acquisition of Pro Plus and Nova TV. 

The firm’s other work, though confidential, includes advising both lenders and borrowers on cross border refinancing transactions, advising buyers on the acquisition of foreign bank’s NPL portfolios, and acting for creditors on high value insolvency mandates.

Key clients include Telekom Slovenije, UniCredit banka, and HETA Asset Resolution.

Client feedback

"Excellent work. Good team with strong co-ordination capabilities and business acumen." – M&A

"We have had great working experience with Schoenherr. They are very quick to act. They elaborate on a wide range of topics and have also created some leverage for us, which came in very handy when dealing with the counter party. Their strengths include precision, constant availability, fast reactions and great scenario analysis." – Restructuring and insolvency

"Good international network. Very professional and timely responses." – Banking, M&A, restructuring and insolvency

"The key strength for the Schoenherr team is their responsiveness and constant drive to find the most optimal solution, while considering the commercial needs and institutional framework of the client. Apart from their strong legal expertise, their in-depth knowledge of the banking and financial industry is more than appreciated. Very good value for money." – Banking

Ulčar & Partners

M&A has been the focus of Ulčar & Partners during the research period, acting on deals in several sectors including automotive, IT and real estate and advising a mix of buyers and sellers.

The firm has also advised shareholders of a Slovenian bank on the disposal of shares. Elsewhere, it advised UniCredit, acting as lead arranger, on cross border financing of Litostrj Power.

Partners Maja Menard, Klemen Tičar, Benjamin Zagorc left the firm recently.

Key clients include UniCredit, 3TS Capital Partners and Palladio Holding.

Client feedback

"Everything is perfect." – Banking, M&A, restructuring and insolvency

"Highly professional, very experienced and skillful." – M&A

"I have been very satisfied with their work. In particular, I appreciated their competencies and flexibility." – Banking, M&A, restructuring and insolvency 

"I have known the firm for more than 15 years. The work of the law firm has been consistently on a very high level. Their quality of work is very well recognized in Slovenian corporate world. Lawyers of the firm are experienced, responsive and knowledgeable." – M&A, restructuring and insolvency

Matjaž Ulčar

"Strong leader with significant experience and great track record, deep understanding of business issues, proactive and pragmatic when relevant."

"Everything is perfect."

"Very flexible, quick and competent."

"Very good negotiator."

Wolf Theiss

During the research period, Wolf Theiss has been mostly active in financing transactions. 

In the financing area, the firm is mostly active in advising lenders on corporate and acquisition financing. On the borrower’s side it acted for York Capital management on credit facility.

In capital markets, the firm advised the managers including the likes of JPMorgan and Barclays bank in the issuance of series of notes by Republic of Slovenia.

The corporate team has been engaged in the acquisition of distressed company Merkur’s assets where it acted for the buyers. It has also acted on restructuring mandates notably advising York Capital Management on DZS’ restructuring.

Notable clients include JPMorgan, York Capital Management and HPS Investment partners.