Newsroom

March, 2020

COVID-19 Croatia Update

Remote Work during COVID-19 Epidemic in Croatia

Croatian Labour Act already provides the possibility for employers to agree to remote (home) work with their employees, following certain requirements (specific content of employment agreements, in addition to standard provisions – such as working hours, required equipment, compensation of work-related costs, etc). Employees working remotely are entitled to the same rights as regular employees […]

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March, 2020

COVID-19 Slovenia Update

COVID-19 as Force Majeure under Slovenian Legislation

As governments implement ever stricter measures to combat the global COVID-19 pandemic more and more businesses find themselves in the unfortunate position in which they are unsure if they will be able to perform their contractual obligations to their business partners. The Slovenian Government has imposed several measures aimed at slowing the virus spread, such […]

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March, 2020

COVID-19 North Macedonia Update

North Macedonia Introduces Measures to Combat COVID-19 Outbreak

The President of the Republic of North Macedonia declared a state of emergency to combat the outbreak of COVID-19. The measure will initially be in place for 30 days. The Government of the Republic of North Macedonia (“Government“) also announced an initial set of economic measures for mitigating the consequences suffered by the businesses and caused […]

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March, 2020

COVID-19 Serbia Update

National Bank of Serbia Introduces Moratorium on Loans and Leasing due to COVID-19 Outbreak

Due to the developments regarding the outbreak of COVID-19 and the declaration of a state of emergency in Serbia, the National Bank of Serbia (“NBS”) undertook emergency measures to facilitate the position of citizens and businesses in servicing debts. The two decisions on temporary measures were adopted on 17 March 2020 for the protection of […]

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March, 2020

COVID-19 Serbia Update

Effects of COVID-19 to Contracts – is it Enough to Call it Force Majeure?

The current COVID-19 outbreak and severe and numerous preventive and restrictive measures governments are continually introducing are first and foremost a global health concern. However, this situation has already caused significant distortions to businesses and their ability to perform their contractual obligations. The question of all questions seems to be if COVID-19 pandemic is a […]

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March, 2020

Safety always comes first

Karanovic & Partners’ Approach to COVID-19 Outbreak

In line with the latest developments regarding the COVID-19 outbreak, Karanovic & Partners followed the advice given by the authorities to its maximum extent. With that being said, our team has been instructed to work remotely from home, and our daily operations continue uninterrupted. This measure has been applied in all our cooperating offices. In […]

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March, 2020

Top Ranked Legal Practice in the SEE

Karanovic & Partners Ranked as a Leading Law Firm in Chambers Europe 2020

Karanovic & Partners is proud to announce that we have once again been listed among the leading law firms in Europe in the latest edition of Chambers Europe 2020. In the newest edition of Chambers guide, eight practice areas within Karanovic & Partners legal practice rank Band 1 – including Corporate/Commercial, Banking & Finance, Competition/Antitrust, […]

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March, 2020

Karanovic & Partners holds a lecture at the Startit Centre

What do the Lastest Legislative Changes and the Test of Independence bring for the Serbian Entrepreneur?

Karanović & Partners held an event dedicated to the latest changes of the Companies Act, Personal Income Tax Law and the Law on contributions for the mandatory Social Security insurance at the Startit centre on 4 March. Over 100 attendees from IT community and various companies and startups joined the vivid discussion. Partner* Ivan Nonković […]

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March, 2020

Six Deals in Five Jurisdictions

Karanovic & Partners Shortlisted for the CEE Legal Matters Deal of the Year Award 2020 with Record Number of Deals

Karanovic & Partners, in cooperation with local lawyers, has been shortlisted for the prestigious CEE Legal Matters Deal of the Year Award for the third year in a row. The practice found itself among 151 different firms from the CEE region competing for awards in 22 different countries. Karanovic & Partners, as a regional legal […]

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March, 2020

Changes on the Employment Horizon

First Staff Leasing Law in Serbia comes into force

After years of legal vacuum, the new Staff Leasing Law (Law) finally introduces the legal framework for the so-called “staff leasing”. The Law tackles conditions under which staff leasing is possible, rights and obligations of agency workers, their equal status of agency workers and comparable employees, conditions for licencing of agencies as well as the […]

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February, 2020

Event dedicated to newly adopted Agency Employment Law in Serbia

Karanovic & Partners Takes the Leading Role at the FIC Insight into Agency Employment Law

Karanovic & Partners took the leading role at the Foreign Investors Council (FIC) event dedicated to the insight into the Agency Employment Law. Partner* Milena Jakšić Papac, who is also the President of the FIC HR Committee, presented in great detail the Agency Employment Law, along with Siniša Simić from Adecco. This event was a […]

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February, 2020

Getting to Know the New Law

Karanovic & Partners holds a Briefing on the New Lobbying Law

Karanović & Partners held a briefing on the new Serbian Law on Lobbying (Law) on 26 February 2020. The event was devoted to the novelties introduced by the new Law with the objective of discussing and understanding the reasoning behind the Law’s adoption and mechanisms for its implementation. The event, led by Partner* Goran Radošević […]

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February, 2020

Introducing the GDPR into the local regulatory framework

In the Data Protection Crosshairs: New Legislation in North Macedonia

After more than two years of preparations, public debates and consultations between different stakeholders, the Parliament of North Macedonia passed the new Law on Personal Data Protection (“Law”) on 16 February 2020. This game-changing piece of legislation introduces the GDPR in the local regulatory framework and it is already in force as of 24 February […]

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February, 2020

Embracing the changes

Briefing on the New Labour Law in Montenegro

Karanovic & Partners, in cooperation with local lawyers, held a briefing on the novelties of the new Labour law (Law) in Montenegro, focusing closely on the new obligations proposed for the employers. The event was held on 24 February and was attended by the clients. The main reason for the adoption of the Law was […]

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February, 2020

Chambers Global Guide 2020

Karanovic & Partners Ranks as Leading Law Firm in Chambers Global Guide 2020

We are proud to announce that Karanovic & Partners has been top-ranked once again on the most recent Chambers Global leading law firm listing. The 2020 Chambers Global Guide highlights the Corporate & Commercial Group in the jurisdiction of Serbia as belonging to Band 1. Managing Partner Dragan Karanović has been ranked as Band 1, […]

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February, 2020

Changes on the Horizon

Serbia: Rebranding the Trademark Law

Serbia recently reworked its Law on Trademarks, coming into force on 1 February 2020. What has changed? In local parlance: “Everything and nothing”. The changes are not extensive, but concern key features of the local trademark rules: Oppositions The new law introduced an opposition system, as an auxiliary system to the existing framework. Per previous […]

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February, 2020

The Impact of MDR

Is the Market for Medical Devices in Slovenia and Within the EU Becoming More Significant?

This Article was originally published in Issue 6.11 of the CEE Legal Matters Magazine. The significance of medical devices is most certainly on the rise, considering not only its importance to patients, for whom medical devices represent life-enhancing products, but also developments in innovation, economics, and in the regulatory and legal sphere. Issues such as data […]

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February, 2020

Backer AB Acquires shares in Elektrotermija

Karanovic & Partners Advises Backer AB in Elektrotermija Transaction

Karanovic & Partners advised the Swedish company Backer AB, part of NIBE group, in the acquisition of shares in Elektrotermija transaction. Our scope of work consisted of performing due diligence of Elektrotermija, drafting and negotiating of transactional documentation, structuring the transaction, as well as all-encompassing legal advisory regarding post-closing activities for Backer AB. The core […]

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February, 2020

The Position of the Supreme Court

Mortgage Extension with Special Reference to the Montenegrin Supreme Court’s Legal Position

This Article was originally published in Issue 6.11 of the CEE Legal Matters Magazine. Claims from Loan Agreements are generally secured by establishing a mortgage over a certain property on the basis of a Mortgage Agreement or a Pledge Statement. Establishing a mortgage over the land for the purpose of securing a contractual claim for land […]

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February, 2020

Two Perspectives

Lawyering in an Age of Transformation

This Article was originally published in Issue 6.11 of the CEE Legal Matters Magazine.  Concerns about how the legal profession will be impacted by the ongoing technological revolution are rampant across the industry. Artificial intelligence, distributed ledger technology (blockchain), and robots, among other things, are already altering the way lawyers serve clients in fundamental ways, and […]

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2020