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Restructuring of FORI Group
FORI Restructures Its Debt Towards Slovenian Bank Assets Management Company and Obtains Financing to Secure Further Growth
FORI Skupina d.o.o. has successfully completed the restructuring of its debt by obtaining new financing from fund AMC Capital IV Fortuna S.á. r.l. and refinancing debt towards, among others, Slovenian Bank Assets Management Company (BAMC) – recently merged with Slovenian Sovereign Holding (SSH) – as well as restructuring of its group by dividing its group […]
Read moreSlovenia Update
The Novelties Brought by the New Personal Data Protection Act
Several years have passed since the General Data Protection Regulation (“GDPR”) has been in force in the EU, regulating personal data protection. Although the GDPR is directly applicable, the act governing the matter of personal data protection must nevertheless be adopted in each member state, as some areas in the GDPR are left to be […]
Read moreSlovenia Update
Substantial Developments of the Slovenian Consumer Protection Legislation
On 26 January 2023, a new Consumer Protection Act (“the Act“) will enter into force, which combines the provisions of the currently applicable Consumer Protection Act and the Act on the Protection of Consumers against Unfair Commercial Practices. The new Act also systematically transposes the content of the three EU Directives in the field of […]
Read moreNew Law on Capital Market in Serbia
New Capital Market Law Started to Apply in Serbia
On 6 January 2023, the new Law on Capital Market started to apply in Serbia (except for certain provisions delayed further until the accession of Serbia to the EU). This law is adopted as a part of a comprehensive reform of the capital market legal framework in Serbia and introduces a completely new set of […]
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