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There are different ways to acquire a majority stake in a joint stock company, and each of them has its particularities, pros and cons. However, notwithstanding the specific acquisition method, each process requires the undergoing of stringent procedures by the acquirer, which can often be lengthy and complicated, involving dealing with various minority shareholder issues and rigid supervision by regulators.

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.

Changes to existing Serbian public procurement framework are expected in 2017, as it was announced by the Serbian Public procurement office. The main motive for amendments is the harmonization of the existing public procurement framework in Serbia with EU Directive 2014/24/EU on public procurement, which features the principle of “most economically advantageous tender” (the “MEAT” criteria) as the main selection criteria. The MEAT criteria shall now gain a prominent place in the Serbian public procurement procedure, too.

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.

Harrison Solicitors has advised the Yazaki Corporation on the investment agreement it signed with the Government of the Republic of Serbia, to produce cable kits for Daimler trucks in the Serbian town of Sabac. The first stage of the investment will amount to EUR 25.1 million and employ 1,700 workers.

White & Case has advised P3 Logistic Parks (P3) and global investment company TPG Real Estate and developer Ivanhoe Cambridge on the sale of P3 to GIC, a sovereign wealth fund established by the government of Singapore. Kirkland & Ellis advised GIC on the EUR 2.4 billion deal, which White & Case describes as "the largest deal on the European real estate market this year, and the largest real estate deal in the Czech Republic ever."

Based on the Payment Services Act which was adopted in 2014 and came into force on 1 October 2015, a new type of payment service has been introduced to the Serbian Payment Service Market.

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