Serbia's MIM Law has announced that former Karanovic & Nikolic Partner Tanja Unguran has joined the firm as a Partner.
JPM has advised the sellers of I.KOM, one of the largest cable TV, broadband Internet, and telephone industry providers in Serbia, on its takeover by SBB. The identities of the sellers — three SPVs ultimately owned by three private individuals — was not disclosed. Moravcevic Vojnovic and Partners in cooperation with Schoenherr advised SBB on the takeover.
At the moment, data protection in Serbia is primarily regulated by the provisions of the Law on Personal Data Protection, enacted in 2008, with the last amendments from 2012 (the “Law”). Naturally, a number of other laws also regulate certain aspects of data protection, and these other laws are to be interpreted together with the basic principles and general rules of the Law.
Karanovic & Nikolic has successfully obtained conditional Serbian Competition Commission clearance for SBB's takeover of IKOM.
Karanovic & Nikolic has announced that Milan Lazic, Marjan Poljak, and Darko Jovanovic have been promoted to Senior Partner at the firm.
On September 24 the Belgrade Bar adopted a new bylaw, controversial both in its effect and in the manner by which it was adopted, limiting the voting and participation rights of lawyers at major commercial law firms in favor of criminal lawyers and solo practitioners. Leading commercial lawyers in Belgrade are, unsurprisingly, not happy.
To the untrained eye, technology and the judiciary sector may seem rather far apart. IT is ever changing and dynamic, while courts are by design deliberate and slow. However, even the most resistant institutions are not immune to change; Serbian courts now appear to be further steps towards incorporating new technology for the ultimate goal of greater efficiency.
Karanovic & Nikolic has supported Affidea, a large European medical service provider, on its opening of the first foreign hospital located in Belgrade. The firm's services consisted of "extensive regulatory and corporate advice related to formation and start of operations of Affidea`s first hospital in Serbia."
It is no secret that Montenegro is a country heavily oriented towards tourism, and its macro-economic activity is primarily based on services related to hotels, restaurants, and other similar tourist facilities. Generally speaking, one of the main characteristics of the tourism industry is expressed in its seasonal nature.
In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.