BDK Advokati has assisted India's Tractors and Farm Equipment tractor producer on the acquisition of the assets of IMT Beograd — including the trademarks and the location for the development of a new production plant — in bankruptcy.
IMT was once a major tractor producer in the Balkans, though its fortunes have been waning for several decades. According to BDK Advocati, "it is expected that under TAFE's management and know how, the IMT brand will regain its reputation on the market.”
TAFE is a part of the India's Amalgamation Group conglomerate and the owner of the Ferguson tractor brand.
The BDK Advokati team was led by Senior Partner Vladimir Dasic, assisted by Associate Djordje Zejak.