The Russian Legal Information Agency (RLIA) has reported that the Central European Aluminum Company (CEAC) has filed a request for arbitration proceedings with the government of Montenegro seeking over EUR 600 million in compensation for losses.
The National Bank of Serbia’s Administration for Supervision of Financial Institutions has approved MetLife’s application to transfer a portion of its life insurance portfolio to the joint-stock insurance company Wiener Stadtische osiguranje.
The US Court of Appeals for the Second Circuit has affirmed a grant of summary judgment against a Serbian entity and in favor of the Republics of Croatia and Slovenia, represented by Squire Sanders and Dempsey and Cleary Gottlieb, respectively.
Four law firms in CEE have joined 11 other firms around the world in launching a new global alliance of firms with specialty practices in employee benefits, executive compensation, tax, employment, and labor law.
The Serbian Arbitration Association (SAA) has announced the founding of the Belgrade Arbitration Center (BAC), which started operating in January, 2014 as the first arbitration institution in Serbia not established by the State.
The Jankovic Popovic & Mitic Competiton team has provided legal support to Microsoft in obtaining clearance from the Serbian Commission for Competition for its purchase of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services.
KBC announced that the process set forth in agreements of 26 April 2013 with Societe Generale Srbija and Telenor Serbia on the divestment of KBC Banka, KBC's banking entity in Serbia, had been concluded.
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