On 16 March 2023, the French supervisory authority (“CNIL“) imposed an administrative fine in the total amount of EUR 125,000 against Cityscoot, a company that provides electric scooter rental service. CNIL found that Cityscoot violated provisions of the GDPR, by collecting its customers’ geolocation data almost constantly. Cityscoot failed to comply with the obligation to […]
The ECJ issued an important ruling on 16 March 2023 in Towercast case (C-449/21), in which it clarified that mergers which are not notifiable under the EU or national merger control rules can be reviewed based on Article 102 TFEU. This means that an acquisition by a dominant undertaking may, under certain conditions, represent in […]
Amendments to the 2008 Guidance on enforcement priorities The 2008 Guidance on the European Commission’s enforcement priorities in applying Article 82 of the EC Treaty to abusive exclusionary conduct by dominant undertakings (“Guidance”) has been until recently the only piece of soft law applicable to Article 102. In March 2023, the Commission amended the Guidance […]
BDK Advokati advised the shareholders of Expobank A.D. Belgrade on the sale of 100% of their shares to the shareholder of Adriatic Bank A.D. Podgorica. The BDK team was led by partner Vladimir Dašić and associate Sanja Dedović.
BDK Advokati’s team in Montenegro successfully advised Abu Dhabi Capital Group on the sale of the group of companies that own and operate The Capital Plaza, a premium business and residential complex in Podgorica, Montenegro. The companies were acquired by Big Group. The deal is the second largest M&A deal in Montenegro in the past […]
BDK Advokati remains Tier 1 law firm in Banking and finance, Commercial, corporate and M&A, Dispute resolution, Projects and energy and Real estate and construction. Our Intellectual property, Employment and Competition practices are also highly ranked. We have also confirmed our status of a Leading firm on the Montenegrin market. We have three senior partners […]
Dragoljub Cibulić and Dragoljub Sretenović analyzed recent trends and developments in Serbian project finance market for Getting the Deal Through: Market Intelligence. They authored the chapter in which they examine the impacts of the current macroeconomic environment and the regulatory measures. BDK represents sponsors, borrowers, lenders, and other participants in large energy and infrastructure projects. Among […]
The amendments to the new Companies’ Act of Republika Srpska, the sub-sovereign entity within Bosnia and Herzegovina, entered into force on 2 March 2023. We offer an overview of the most important changes pertaining to limited liability companies (LLCs), this being the most common corporate form for private investments. Founding capital The popularity of LLCs […]
Employee share-based incentives are still relatively rare in Serbia, compared to more traditional cash bonuses. The Serbian Companies’ Act was updated in 2018 to provide, for the first time, a basic framework for implementing share incentive plans in a limited liability company, which is by far the most popular corporate form in Serbia. Share-based incentives […]
