FrieslandCampina and Salford Capital Partners have signed a Memorandum of Understanding regarding the acquisition of Imlek and Mlekara Subotica. This acquisition will add the activities of both companies in the Western Balkans to the FrieslandCampina network. Salford Capital Partners currently holds majority stakes in the two dairy companies of approximately 79% and 82% respectively. The […]
After several years of announcements, the new Montenegrin Law on the Protection of Competition has been recently enacted and will come into force on 9 October 2012. The most significant changes, compared to the previous Montenegrin competition legislation, pertain to the notification threshold, deadlines for the submission of a notification and the decision by the […]
On 28 June 2012, the U.S. Supreme Court issued a ruling in the politically controversial ObamaCare litigation (National Federation of Independent Business v. Sebelius). The ruling upholds the constitutionality of the provisions of the omnibus health care law (Patient Protection and Affordable Care Act- ACA) requiring individuals – excluding certain vulnerable categories and those covered […]
According to the Serbian Law on Obligations, parties cannot freely set default interest rate applicable to late payments but are bound to apply a statutory rate. The Serbian Parliament passed a new Law on Default Interest (“Law”) on 15 December 2012. The highlights of this legislation are as follows: Default interest on Serbian Dinars is […]
BDK’s Head of M&A Practice Vladimir Dašić has provided an insight in the current investment climate in Serbia for a special Serbian report published by “The Lawyer”.
The Montenegrin Agency for Protection of Competition has decided its first cartel case. The decision, issued on 25 April 2014, concerns price-fixing conspiracy between the publishers of the country’s major newspapers – Pobjeda, Vijesti, Dan, and Dnevne novine. The Agency’s investigation leading to the decision also spanned to two Serbian newspapers sold on the Montenegrin market (Blic and Novosti) but the Agency […]
BDK Advokati/Attorneys at Law has submitted to the Serbian Commissioner for Information of Public Importance and Data Protection (“Commissioner”) an analysis of the draft Data Protection Act. The draft was recently developed by the Commissioner as the first step in a process that should lead to replacing Serbia’s out-of-date data protection law with a new […]
On 1 August 2013, the Serbian government, the country’s national air carrier Jat Airways (at that time wholly owned by Serbia), and the air carrier from the United Arab Emirates Etihad Airways entered into a series of agreements related to Jat. Five agreements were concluded in total – Transaction Framework Agreement, Support Services Agreement, Investment Agreement, Consulting Services Agreement, and […]
BDK has become a member of the recently established Swiss-Serbian Chamber of Commerce (SSCC). SSCC is a non-governmental organization committed to the development of economic cooperation between Swiss and Serbian companies, institutions and individuals, particularly through stimulation of bilateral trade and investments and promotion of the concept of Swissness.
BDK’s Managing Partner Tijana Kojović spoke at the arbitration panel of the Balkan Legal Forum 2014 held in Vienna on 26-27 June. The panel was entiled “Arbitration – is it the silver bullet that settles all disputes?”. Balkan Legal Forum is a conference organized by IBA European Regional Forum and the Legal Development Foundation, with […]
