Competition Overview
The Impact of COVID-19 on Submissions, Deadlines and Decision-Making of Competition Authorities in the West Balkans
Last Updated on 4 May 2020, 15:00 CET Country Submissions Deadlines Decisions Expected delays Albania All submissions: via post or electronically Deadlines are applicable and the parties can be sanctioned for a late submission. No suspension of issuance of decisions so far. Delays in review and decision making should be expected. Bosnia and […]
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Much Needed Change
Serbia Adopts New By-Laws Regarding Investment Funds
The Serbian Securities Commission (“Commission”) enacted a series of by-laws regulating open and alternative investment funds as well as other relevant issues regarding the issuance of an investment prospectus. The by-laws will enter into force on 5 May 2020. These by-laws were much needed as the Law on Alternative Investment Funds and Law on Open […]
Read more Ongoing Reforms
Expedited Liquidation Procedure in the Republic of Srpska
This Article was originally published in Issue 7.2 of the CEE Legal Matters Magazine. The Republic of Srpska’s much-anticipated Law on Liquidation Procedure (the “Law”) entered into force in October 2019. The Law was adopted three years after the reform of the Republic of Srpska’s bankruptcy procedure and is part of ongoing reforms targeted at cutting […]
Read more COVID-19 Slovenia Update
Slovenia Amends Two “Anti-Corona” Acts
On 28 April 2020, the Slovenian National Assembly adopted the Amendment of the Anti-Corona Act[1] and the Amendment of the Judicial Measures Act[2]. Both amending acts are expected to enter into force shortly. The Amendment of the Anti-Corona Act introduces the following changes to the existing package of intervention measures for employers: Cap on State […]
Read more IFC/City of Belgrade Waste Management PPP
Karanovic & Partners Wins IFLR Europe Deal of the Year Award
Karanovic & Partners is pleased to announce that we have been awarded the IFLR Europe’s Deal of the Year Award 2020 for our role in advising the International Finance Corporation and the City of Belgrade in the process of financing the landmark public-private partnership project for the “Belgrade Energy from Waste Project” for the landfill […]
Read more COVID-19 Bosnia and Herzegovina Update
E-Signature in Bosnia and Herzegovina
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in Bosnia and Herzegovina. Legal framework Electronic signature has been introduced on the state level in Bosnia and Herzegovina (“BH”) in 2006 with the Law on Electronic Signature (“BH Law”). Due to lack of pre-conditions for implementation […]
Read more COVID-19 Montenegro Update
E-Signature in Montenegro
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in Montenegro. Legal framework In Montenegro, electronic signatures are regulated by the Law on Electronic Identification and Electronic Signature (Montenegrin Zakon o elektronskoj identifikaciji i elektronskom potpisu; “ZEIEP”). Electronic signature is a set of data in electronic […]
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Montenegrin Courts Preparing the Return to Work
In order to prevent the spread of COVID-19 and to protect the health of citizens, the Supreme Court of Montenegro has introduced a special work regime of all Montenegrin courts. This special work regime of courts was introduced on 16 March 2019 and will probably last until 25 May 2020. Courts in Montenegro have been […]
Read more COVID-19 Serbia Update
Extended Deadline for Tax Exemptions Application for Newly Engaged Employees
The Government of the Republic of Serbia issued the decree on the extension of the deadline for local companies that employ new individuals on 24 April 2020, in order to prolong their possibility to apply for tax exemptions introduced at the end of last year. Originally, local companies that decided to enter into employment agreements […]
Read more COVID-19 North Macedonia Update
E-Signature in North Macedonia
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in North Macedonia. Legal framework In the Republic of North Macedonia, electronic signatures are regulated by the Law on Data in Electronic Form and Electronic Signature (Macedonian Закон за податоците во електронски облик и електронски потпис; “Current […]
Read more COVID-19 Serbia Update
E-Signature in Serbia
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in Serbia. Legal framework In the Republic of Serbia, electronic signatures are regulated by the Law on Electronic Document, Electronic Identification and Trust Services in Electronic Business (Serbian Zakon o elektronskom dokumentu, elektronskoj identifikaciji i uslugama od […]
Read more COVID-19 Croatia Update
E-Signature in Croatia
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in Croatia. Legal framework In the Republic of Croatia, electronic signatures are regulated by the Regulation (EU) No 910/2014 on electronic identification and trust services for electronic transactions in the internal market (“eIDAS Regulation”), together with the […]
Read more COVID-19 Slovenia Update
E-Signature in Slovenia
The health situation and restrictive measures worldwide have (somehow unexpectedly) required businesses in most industries to adapt and operate in a remote work environment. This abrupt change in a day-to-day business has heightened the importance and advantage of using electronic signatures, in contrast to traditional wet ink signatures. This is the first in a series of […]
Read more New Horizons
Karanovic & Partners Holds a Webinar on the Measures to Support the Serbian Economy during the COVID-19 Outbreak
Karanovic & Partners held a live webinar for the first time on 22 April 2020 on the topic of the measures introduced by the Serbian Government in order to curb the impact of the COVID-19 outbreak on the economy. The webinar was visited by a large number of people, who had the opportunity to hear […]
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New COVID-19 State Guarantee Scheme for EUR 2 Billion Loans
Last Updated on 19 April 2020, 10:00 CET As part of a package of economic measures worth EUR 5.1 billion, the Serbian Government adopted a decree on 16 April 2020 establishing a guarantee scheme for loans to be provided by local banks to businesses to reduce the effects of the COVID-19 pandemic (the “COVID-19 Guarantee […]
Read more COVID-19 Merger Control Overview
The Impact of COVID-19 Outbreak on Merger Control Matters in Western Balkans
Last Updated on 17 April 2020, 15:00 CET The COVID-19 pandemic has been heavily affecting economies and countries across the globe. In such circumstances, ensuring the undisturbed work of the competition authorities is difficult, but important in order to soften the impact of the pandemic on businesses and market competition. Changes in behaviour have been […]
Read more COVID-19 Force Majeure Overview
Overview of Force Majeure Rules in the SEE Region in Times of COVID-19 Outbreak
Karanović & Partners is pleased to present an overview of the force majeure rules in six countries of the SEE region. The pandemic, and consequently the numerous restrictive measures imposed by the governments caused significant distortions to businesses and their ability to perform the contractual obligations. Among a number of other implications, the situation has […]
Read more Coca-Cola HBC Slovenia Commended
Slovenia and Coca-Cola: Better Safe than Sorry
The Slovenian Competition Protection Agency recently publicly commended Coca-Cola Hellenic Bottling Company Slovenia for voluntarily implementing improvements to its business practices in the local HoReCa sector. The improvements were the result of a constructive dialogue, that lasted more than a year, between the Agency and Coca-Cola. The new practices were implemented voluntarily by Coca-Cola, without […]
Read more Legal 500 Rankings for 2020 Announced
Karanovic & Partners Among Top Ranked Law Firms in 2020
Karanovic & Partners is proud to announce that we have once again been recognized as a leading law firm in the 2020 Legal 500 rankings. Apart from upholding our top-tier ranking in 10 practice areas in 5 jurisdictions, numerous individuals have received individual acclaim from the prestigious UK-based legal directory. Senior Partners Dragan Karanović, Darko […]
Read more COVID-19 Slovenia Update
Public Procurement During the COVID-19 Pandemic in Slovenia
Last Updated on 15 April 2020, 13:00 CET Regardless of the pandemic, public procurement procedures are still being conducted. The standstill concerning court and administrative deadlines does not apply to public procurement procedures. The contracting authorities nevertheless have the possibility to postpone a public procurement procedure, but they are not obliged to do so. The […]
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