CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On July 4, the EU Commission introduced a new Procedural Regulation aimed at enhancing cooperation among data protection authorities (“DPAs“) when enforcing the General Data Protection Regulation (“GDPR“) in cross-border cases.
On July 4, 2023, the Court of Justice of the European Union (“CJEU“) pronounced a momentous judgment in Meta Platforms and Others.
The new General Product Safety Regulation of the EU, which has recently entered into force, was published in the Official Journal of the EU on May 23, 2023, and it shall start to apply on December 13, 2024 (“the Regulation”).
According to positive regulations in the Republic of Serbia, each party shall present the facts and propose the evidence on which it bases its request or with which it disputes the allegations and evidence of the opponent. The evidence includes all the facts relevant to making a decision. Both in civil and arbitration procedures, the most common means of evidence are documents and testimonies.
Despite a recent M&A slowdown, updates to the capital markets and land rights laws, renewable energy auctions, and business migration heavily impact Serbia's legal and business landscape, according to Doklestic Repic & Gajin Partner Slobodan Doklestic.
The BBR Bank has appointed Cvjeticanin & Partners Partner Nenad Cvjeticanin as its data representative for Serbia.
Kinstellar has announced it is strengthening its presence in Serbia by teaming up with the local SOG Law Firm in a strategic partnership.
Karanovic & Partners has advised Marriott International on the development and opening of its first Moxy hotel in Belgrade, Serbia.
Serbia’s banking sector faces another year of challenges. Global inflation in 2023, compared to the last quarter of 2022, records a slight slowdown, but one thing is indisputable – the main challenge in 2023, and not only in the banking sector, is the war in Ukraine.
Bojovic, Draskovic, Popovic & Partners has announced the launch of its Environmental, Social, and Governance department led by Partner Milica Pesteric.
Court fees represent an important part of the costs in every legal proceeding. Matters related to court fees in the Republic of Serbia are currently regulated by the Law on Court Fees and the Fee Tariff contained within that law.
Radovanovic Stojanovic & Partners has advised the Soravia Group on its sale of the Radisson Collection Hotel Old Mill Belgrade – through a share deal for all shares in Prigan DOO – to the Delta Real Estate Group.
Harrisons has advised the EBRD on its EUR 5 million loan to Banca Intesa Belgrade for on-lending to women-led businesses.
Accountability is one of the key notions both in GDPR and the Serbian Data Protection Act.
In June 2023, JPM Jankovic Popovic Mitic announced that it will operate under the JPM & Partners brand name going forward, a step in the firm's journey towards a regional format.
On May 25, 2023, CEE Legal Matters reported that Hristov & Partners had advised e-commerce-focused digital company Aiopsgroup on its sale to IT development and services tech group Valantic. CEELM reached out to Hristov & Partners Partner Pavel Hristov to learn more about the deal.
Zivkovic Samardzic has advised US venture capital fund TinySeed on its investment in video automation software developer Plainly. Radovanovic Stojanovic & Partners advised Plainly's shareholders.
The Ministry of Mining and Energy of the Republic of Serbia published the public call for auctions for awarding of market premiums (in the form of CfD) for wind and solar projects earlier today (Wednesday, 14 June 2023).
SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.
SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.
Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.
Firm's website: https://www.kinstellar.com/
