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Serbia's Gajin Law competition boutique has announced that it will merge with full-service Doklestic & Partners. As part of the arrangement, Dragan Gajin will become a Partner at Doklestic & Partners and head the firm’s competition practice.

The Deal:  On December 8, 2016, CEE Legal Matters reported that Wolf Theiss had advised the EBRD on its issuance of RSD 2.5 trillion Floating Rate Bonds due December 2019. AP Legal advised Raiffeisen Banka A.D., Beograd, acting as underwriter for the issuance, and Harrisons advised marketing agent Citigroup Global Markets Limited. 

Sensationalism – a word that often causes the media to “forget” about the law and ethics and trade them in for greater circulation/ratings. Serbia is not an exception to this phenomenon, unfortunately, especially when it comes to reporting about public figures.

Reorganization was introduced in Serbian bankruptcy legislation in 2010 and is very often used to restructure claims, as it provides an opportunity for a debtor to continue operating if the settlement proposed through a reorganization plan is more favorable to creditors than liquidation.

In the last decade, as a result of the global economic crisis and the accompanying recession, there has been a significant increase in NPL ratios throughout the SEE region.

Lately, investors have had fairly high expectations for the Serbian real estate market. New and improved real estate and construction regulations, updates to the urban plans, and the announcement of significant projects all indicate that a very interesting period is in front of us.

As Serbia doubles down on its EU accession efforts, the pivotal role of State aid in a crucial negotiation chapter creates serious challenges for the finalization of country’s prolonged privatizations and the continuation of its recently revamped subsidy scheme for foreign and local investors. 

Serbia’s 2010 Anti-Mobbing Act prescribes the procedure for fighting workplace harassment in a detailed manner. Employers are obliged to familiarize all staff members with the anti-mobbing procedure by providing them with an info sheet before they commence work.

More than 27 years have passed since I became a lawyer back in 1990, and there’s not so much that can really surprise me anymore. My country (at that time called Yugoslavia) went through hyperinflation, a war with its neighbors, UN sanctions, a NATO bombing campaign, democratic protests which led to major political changes at the beginning of a 21st century, Prime Minister Djindjic’s assassination, and privatization, with all the typical transition issues which led to huge social and economic changes. Serbia today is still under the burden of the Kosovo crisis and trying to balance between East and West on its slow path towards EU integration. 

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Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

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We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

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Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

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