Vale acquires earn-in for four locations
Mundoro and Vale Put Through the Earn-In Agreement for Timok Complex
Vale Canada Limited (Vale) acquired the option to earn-in in four of Mundoro Capital Inc’s (Mundoro) exploration licenses in Timok complex. The earn-in relates to Sumrakovac, Osnić, Dubrava and Padina properties, hosting primarily the copper-gold mineralization (Projects). Under the agreement, Mundoro has granted to Vale the option to earn up to a 75% interest in […]
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The biggest wind farm in Western Balkans
Wind Farm Čibuk 1 starts operation
The largest wind farm in Western Balkans, Čibuk 1, officially started operations on Friday 11 October, following an investment worth EUR 300 million. The wind farm has a maximum capacity of 158MW and will generate power to supply 113,000 households. The EUR 300 million wind farm Čibuk 1 was developed by Vetroelektrane Balkana, a Serbian […]
Read more What the future holds for the legal profession
Karanovic & Partners at the 2019 Balkan General Counsel Summit
Karanovic & Partners once again supported the 2019 Balkan General Counsel Summit, organized by CEE Legal Matters. The Summit was held on 10 October in Belgrade for the second time in a row and gathered around 100 participants from all over the region. Our Managing Partner Rastko Petaković, Partners* Milena Jakšić Papac and Goran Radošević […]
Read more Agrokor under the loupe
Competition authorities in the region initiate merger control investigations against Agrokor’s successor Fortenova
The Croatian food and retail powerhouse Agrokor almost collapsed due to financial difficulties in 2017, but was saved from bankruptcy when its creditors accepted a debt resettlement deal in July 2018. Following the implementation of the deal, Fortenova Grupa d.d. (“Fortenova“) begun its operations on 1 April 2019 as the successor to the troubled conglomerate. […]
Read more Law on Amendments to the Law on Corporate Income Tax adopted
Republika Srpska Introduces Tax Incentives From 2020
The National Assembly of Republika Srpska, one of entities in Bosnia and Herzegovina adopted the Law on Amendments to the Law on Corporate Income Tax (CIT Law). The most important changes to the current provisions concern introduction of tax incentive for investments made in equipment and production facilities. Incentive will start to apply from 1 […]
Read more Part of a formal investigation
Dawn Raid conducted in Montenegro
Montenegrin Competition Agency announced earlier this month that it conducted a dawn raid on 25 July 2019 in the premises of providers of after-sales services for motor vehicles (including motorcycles), looking at the terms of guarantees, manner of service provision and spare parts sales. The dawn raid was conducted as a part of a formal […]
Read more Judicial Practice in Litigation Procedure
Karanovic & Partners at the AmCham Roundtable
AmCham organized a roundtable discussion on judicial practice in litigation on 1 October in Belgrade. A series of discussions was aimed at finding applicable answers to contentious legal issues. One of the topics was the connection of factual allegations of a lawsuit with the probative value of proposed evidence, as well as an outreach of […]
Read more New members of INTA Committees
Nikola Kliska and Relja Mirkov appointed to INTA Committees
Senior Associates* Nikola Kliska and Relja Mirkov have been appointed to International Trademark Association (INTA) Copyright Committee and Non-Traditional Marks Committee, respectfully, for the 2020–2021 term. The Copyright Committee develops and advocates INTA’s policy regarding the impact of copyright law and enforcement on trademark rights. This committee is tasked with monitoring copyright cases, legislation […]
Read more Karanovic & Partners Open Day 2019
Karanovic & Partners holds an Open Day for Students and Recent Graduates
Karanovic & Partners held an Open Day for students and recent graduates on 1 October. Visitors had an opportunity to talk to our trainees and junior associates. The team held a panel discussion with the students, regaling them with stories about past times and how they began their cooperation with Karanovic & Partners. Around 20 […]
Read more IFLR 1000 2020 Rankings
Karanovic & Partners Ranked as a Top-Tier Law Firm by IFLR 1000
We can proudly announce that Karanović & has been recognized once again as a top-tier law firm in the 2020 IFLR 1000‘s ranking of leading legal practices. This legal directory covers more than 120 jurisdictions, with more than 14,000 ranked lawyers. IFLR 1000 focuses on ranking law firms and lawyers on the basis of financial […]
Read more Legal aspects of eLearning
Karanović & Partners at the eLearning Conference
Senior Associate* Nikola Kliska was one of the speakers at the eLearning Conference held on 1 September at the Metropolitan University in Belgrade. Kliska was one of the participants at a roundtable discussion on legal aspects of eLearning and also one of the speakers during the session on “LMS (Learning Management Systems) Content Development in […]
Read more Tinkering to stir growth and combat stasis
Karanovic & Partners at The Lawyer Business Leadership Summit
The Business Leadership Summit organized by “The Lawyer” magazine and proudly supported by Karanovic & Partners is taking place in London on 25 September. This year’s summit titled “Back to basics: in a world of ever-growing complexities” is attended by more than 150 senior legal professionals from top-tier law firms. Our Managing Partner Rastko Petaković […]
Read more The Amendments to the Serbian Law on Patents
Serbia Changed the Law on Patents
The Amendments to the Serbian Law on Patents were enacted on 17 September 2019 and will come into force on 26 September 2019. The most significant changes were brought in the field of innovations made in the course of employment (employees’ invention). The previous version of the law stipulated that innovation created even up to […]
Read more Explaining the amendments of the Law on Protection of Copyright and Related Righ...
Copyright and Related Rights: Next level
With Directive on Copyright in the Digital Single Market still causing mixed feelings throughout Europe, Serbia takes the best out of earlier EU Directives in the area of protection of copyright and related works and implements it into its national legislation. The amendments to the Law on Protection of Copyright and Related Rights as of […]
Read more A new energy perspective for the Energy Community
Karanovic & Partners at the 7th Vienna Forum on European Energy Law
The 7th Forum on European Energy Law took place in Vienna on 19 and 20 September and Karanović & Partners was honoured to be a part of it. Our Partner* Petar Mitrović delivered a presentation titled “A new energy perspective for the Energy Community”. Mitrović talked about key challenges regarding sustainable energy production in SEE […]
Read more Next step for parents in CryoSave case
Contact form for CryoSave case set up
Considering the recent events surrounding stem cell bank CryoSave, Karanović & Partners decided to set up a dedicated form, where parents can leave their information and choose whether to be contacted with additional information as it becomes available. Parents who have already sent an E-mail do not need to fill out the new form, as […]
Read more Financial services without going to the bank
Serbian Banks Embracing Digital Technologies
The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further development of […]
Read more Karanović & Partners holds a presentation on new Serbian Data Protection Law
The new Law on Personal Data Protection – Key Innovations and What you Need to Know
Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into […]
Read more Reference Rates Reform in SEE
In the Wake of the Reference Rates Reform – Focus on SEE
Reference interest rates play a central role on the financial markets. They are widely used across a range of financial products, including loans, deposits, securities and derivatives. Concerns about the sustainability of the existing reference rates following global rate-rigging scandals have led to a reform process. The reform is aimed at creating new, nearly risk-free […]
Read more Legislation Update - Croatia
Act on Amendments of the Civil Procedure Act Steps into Force
The Act on Amendments of the Civil Procedure Act in Croatia stepped into force on 1 September 2019 and brought substantial changes through the first amendments of the provisions governing civil procedure since the reform in 2013. The amendments were praised in Croatian legal community, because they aim to expedite dispute resolution and end the […]
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