The latest financial crisis revealed a number of weaknesses in the Bosnia and Herzegovina banking system, just as it did in most developed countries. In an attempt to preserve a sound banking system in the Federation of Bosnia and Herzegovina (‘FBiH’), both BiH Entities have adopted new Banking Laws.
Lawyers in Bosnia and Herzegovina are especially busy, says Stevan Dimitrijevic, Managing Partner at Dimitrijevic & Partners of Banjaluka, benefitting, among other things, from the complicated decentralized nature of his country, which leads to a “lot work for lawyers.” Dimitrijevic claims that, for clients, it is a “necessity to retain a good advisor to cut through the complexity,” whereas, “with good advisors, of legal and financial vocation, everything is much easier and quite predictable.”
The commercial legal markets of Central & Eastern Europe didn’t appear automatically. They didn’t develop in a vacuum. They were formed, shaped, and led, by lawyers – visionary, hard-working, commercially-minded, and client-focused individuals pulling the development of CEE’s legal markets along behind them as they labored relentlessly for their clients, their careers, their futures.
4th and 5th of October 2017 in Casablanca, Morocco
The Bosnian practice of BDK Advokati in cooperation with attorney-at-law Dijana Pejic has advised British American Tobacco on its acquisition of the assets of the Bosnian tobacco products manufacturer Fabrika Duhana Sarajevo. The transaction closed on August 7, 2017, following merger clearance by the Bosnian competition authority and internal approvals in FDS.