On 20 October 2017, Serbian Business Registry Agency (the “SBRA”) initiated a nationwide process of statutory winding-up of all companies which operate and exist contrary to the Serbian Companies Act (the “Act”).
Gecic Law has acted as legal counsel to the Government of Serbia and the Zelezara Smederevo steel mill with respect to an European Commission investigation on State Aid received by the old company, and the potential obligation of Hesteel Serbia to reimburse it, under the Stabilization and Association Agreement.
JPM has announced that it has "terminated cooperation" with Partners Uros Markovic and Nikola Vukotic, effective immediately.
The digital era brought us new ways of distribution of media content, one of them being the performance of services of online media platforms. Since this is a relatively new kind of business activity, it is necessary to analyze the way it fits within the provisions of Serbian legal system. The major question in this respect pertains to potential copyright and related rights infringement.
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.
One of the new possibilities introduced by the new Serbian General Administrative Procedure Act is an administrative guarantee. It is a statement issued by an authority that it will issue an administrative act at the request of a party. By issuing an administrative guarantee, the authority guarantees that the act issued will have a precisely defined content.
On 22 September 2017 the public debate on the proposed amendments to the Serbian Companies Act (hereinafter: the “Act“) was initiated. The changes of the Act are expected to create conditions for further development of the concept of e-government, and are mainly focused on expediting the process of company registration and creating space for further europeanization of business environment in Serbia upon accession to the EU.
The Appellate Court in Belgrade has granted the appeal of Serbian business magnate Miroslav Miskovic made by his counsel, including JPM Senior Partner Nenad Popovic, and reversed the decision of the Higher Court in Belgrade (Organized Crime Unit), clearing Miskovic of charges of abuse of office and reversing a guilty verdict against him on tax evasion charges.