The Montenegrin Agency for Protection of Competition (“Agency“) issued on 3 September 2020 a decision to open a formal investigation procedure into the compatibility with state aid rules of the state aid granted by virtue of the 2019 Law on Investment into Consolidation and Development of the Company for Air Transport of Passengers and Goods […]
An appellate labour court in Germany rendered a decision on 4 June 2020, stating that a biometric time recording system, in the employment context, as a rule is not lawful. This decision is in line with earlier EU member states’ practice. There is an emerging consensus that processing of biometric data is impermissible except in […]
Uz blinkdraft| Corporate, korisnici pristupaju odabranom templejtu i, prateći online intervju, kreiraju finalni dokument prilagođen specifičnostima organizacije. Usluga je dostupna u web shopu. “blinkdraft| Corporate je komplementaran sa blinkdraft| Employment koji smo lansirali u martu 2020. Projekat je odraz našeg oslanjanja na tehnologije u pružanju pravnih usluga i uverenja da standardizovani pravni procesi treba da […]
BDK Advokati advised the European Bank for Reconstruction and Development (EBRD) and the Enterprise Expansion Fund (ENEF) on their recent closing of a €12 million secured credit facility loan to the software developer and technology research and development service provider, High Tech Engineering Center (HTEC). This loan will provide HTEC capital to support their short- […]
Our associate Jelena Bogetić for CEE Legal Matters on the situation in Montenegro.
Vlada Srbije je 31. jula 2020. objavila Zaključak kojim privrednim subjektima odobrava dodatnu direktnu pomoć iz budžeta. Preduzetnici i mikro, mala i srednja pravna lica (MMSP) koja su u julu 2020. godine primila direktnu pomoć iz budžeta u skladu sa Uredbom o fiskalnim pogodnostima i direktnim davanjima privrednim subjektima u privatnom sektoru i novčanoj pomoći […]
Obligations subject to moratorium Less than a month after the expiry of the first COVID-19-related moratorium on corporate and retail debt, to Serbian banks and financial leasing companies, the National Bank of Serbia has imposed a new moratorium on payment obligations owed to banks under banking products (such as loans, overdrafts, credit cards, hedge instruments […]
The new Montenegrin Companies Act entered into force on 11 July 2020, introducing numerous novelties in the regulation of companies. Some of the new provisions have not been sufficiently developed to be operational and will have to be supplemented by further legislation or interpretation. Existing corporates will have to amend their memorandums of association and […]
The Ministry of Labour adopted the Rulebook on Prevention of Epidemics of Infectious Diseases (Pravilnik o preventivnim merama za bezbedan i zdrav rad za sprečavanje pojave i širenja epidemije zarazne bolesti “Official Gazette of the Republic of Serbia”, no. 94/2020) (“Rulebook“), which will become applicable on 11 July 2020. The employers must enact a Plan […]
COVID-19 pandemic is on a hike and the employers are therefore faced with the necessity to introduce remote work in order to secure occupational safety and health of their employees. However, the Serbian law does not provide for a legal basis for the employers to order teleworking in exceptional times. During the recent state of […]
