Noted for its expertise in non-performing loans, Gugic, Kovacic & Krivic law firm is ‘exceptionally adept’ in handling loan sale agreements, due diligence mandates and receivable acquisitions. The team is jointly led by ’exceptionally professional’ Lovro Kovačić  and Damjan Krivic, who handle the full range of day-to-day advisory work, in addition to business regulation related to highly regulated financial institutions in Croatia. Inga Paripović is another key contact in the group.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The individuals I have worked with at this firm truly stand out due to their unparalleled dedication and professionalism. Their approach is not just about providing legal services but forging partnerships with clients, nurturing a relationship built on trust and respect.’
  • 'The team is exceptionally adept offering clients a seamless and efficient experience.'
  • ‘Damjan Krivić is very skilled in NPLs and financing structures of it.’

  • ‘Lovro Kovačić is a brilliant tactician.’

  • ‘Lovro Kovačić is always calm and solution-oriented.’

  • ‘Damjan Krivić and Lovro Kovačić proved to be exceptionally professional, reliable, and accessible at every stage of the given project. Their approach to the work was highly professional and composed, demonstrating a sense of reliability and confidence on their part.’

  • ‘Lovro Kovačić is very approachable, is trustworthy and has great knowledge.’

  • ‘A great team, who are proactive.’

Key clients

  • AxFina Croatia d.o.o.
  • KentBank d.d.
  • LCL Securities I S.à r.l.
  • LCL Opportunities SV.
  • TRIGLAV OSIGURANJE d.d.
  • DDM INVEST III
  • AxFina Austria GmbH
  • Lynxcapgroup AG
  • ERSTE&STEIERMÄRKISCHE BANK d. d.
  • Hrvatska poštanska banka d.d.
  • Erste Group Bank AG
  • Allianz ZB d.o.o.
  • Croatian Insurance Bureau

Work highlights

  • Advised AxFina Croatia d.o.o., a pan-European debt servicing provider, in the acquisition of 2400 receivables from a leasing company undergoing liquidation.
  • Advised KentBank d.d., as the first-time seller of a portfolio, in the sale and purchase of a diverse portfolio comprising non-performing loans and other receivables from various entities.
  • Advised LCL Securities I S.à r.l., a securitization company that acquired a Non-Performing Loan (NPL) portfolio from Raiffeisenlandesbank Kärnten – Rechenzentrum und Revisionsverband, Registrierte Genossenschaft mit beschränkter Haftung, which included a claim towards a corporate debtor in bankruptcy.

Practice head

The lawyer(s) leading their teams.

Lovro Kovačić, Damjan Krivić

Other key lawyers

Inga Paripović