The banking, finance and capital markets team at Ilej & Partners in cooperation with Karanovic & Partners have significant experience advising on a wide range of financing matters, from top-up financings to regulatory compliance matters for financial products. The firm act as Croatian counsel to some of the largest regional banks, often in connection with financings and re-financings of infrastructure projects. Key clients of the practice also include leading European banks, equity funds, gaming companies and financial services businesses. Recently the firm have advised the mandated lead arrangers on the restructuring of the existing facilities for one of the largest infrastructure projects in Croatia, the Istrian Y concession motorway. Partners and practice co-heads Ivana Sverak and Franka Baica are praised by clients as 'exceptional professionals who stand out for their sharp legal acumen, dedication to client service, and collaborative approach', and together bring significant expertise in banking and finance, covering derivatives, project finance, energy law and infrastructure, and project development.
Testimonials
Collated independently by Legal 500 research team.
‘The team stands out for its exceptional depth of expertise, client-centric approach, and innovative strategies that set it apart from other firms. One of the key strengths of the team is its interdisciplinary collaboration. Each lawyer brings specialised knowledge in various sectors, allowing the practice to offer comprehensive legal solutions. This diversity in skill sets makes the team particularly well-equipped to handle complex, multifaceted cases that require expertise across different areas of law.
- 'Potential clients would be keen to know that the team places a strong emphasis on communication and transparency. From the initial consultation to case resolution, they prioritise keeping clients informed, explaining legal nuances in clear terms, and offering practical guidance. This proactive communication ensures that clients feel confident and in control throughout the legal process, a factor that can be pivotal in selecting a legal firm.'
- 'In terms of diversity and inclusion, the team has made significant strides. They actively promote an inclusive work environment and have a strong representation of women, making them more reflective of the broader society they serve. This commitment to diversity not only enriches the team’s perspectives but also strengthens their ability to connect with a wide range of clients.'
- 'Compared to other firms, this team excels in delivering a personalised experience, backed by legal innovation and a forward-thinking approach. Their ability to blend legal expertise with modern, client-focused strategies makes them a top choice for those seeking reliable, efficient and compassionate legal representation.’
‘Iva Tokić and Ivana Sverak are exceptional professionals who stand out for their sharp legal acumen, dedication to client service and collaborative approach. Both demonstrate an impressive depth of knowledge in their respective fields, making them highly sought after in an increasingly competitive legal market. What sets them apart from competitors is their blend of technical expertise with a genuinely client-focused approach, ensuring that every case is handled with both precision and empathy.’
‘They have amazing team of people especially Iva Tokić Čuljak, which is their best asset and is essential when it comes to statutory projects and labour law.’
‘Iva Tokić Čuljak-experienced and quick, always gives advice's that are straightforward and understandable.'
Key clients
- Société Générale, BNP Paribas, Komerčni Banka and other banks
- UniCredit, Intesa, Erste, OTP, SocGen, et al.
- Fortuna Entertainment Group
- International Capital Market Association / International Securities Lending Association
- aosphere Limited
- VÖB-Service GmbH and several banking institutions
- ADP International Services B.V.
- Eurizon Asset Management
- MZLZ - Zagreb International Airport
Work highlights
- Advised the mandated lead arrangers in connection with the restructuring of the existing facilities granted for the Istrian Y concession motorway project, in the amount of EUR 1.1bn.
- Acted as Croatian counsel to CEE betting and gaming operator Fortuna Entertainment Group N.V. and its Croatian subsidiary Hattrick-PSK d.o.o. on a top-up financing totalling up to EUR 751m.
- Acted as Croatian counsel to Komerční banka, a.s. in connection with financing of CME MEDIA ENTERPRISES B.V. and its subsidiaries from PPF Group, including its Croatian subsidiary RTL Hrvatska d.o.o., securing the claims in the amount of up to EUR 10m.
Practice head
The lawyer(s) leading their teams.
Ivana Sverak, Franka Baica