Did you know that the CEE Q1 leaderboards are available through the Activity Rankings function of the CEELMDirect website?

Gecic Law has advised JFE Shoji on a EUR 50 million greenfield investment in Serbia through the acquisition of a 10-hectare land plot in the Indjija industrial zone.

Gecic Law has advised the European Bank for Reconstruction and Development and Enterprise Expansion Fund II on their investment in Vega IT.

All domestic or foreign creditors can lodge claims in insolvency, but international practice shows a stark disadvantage for foreign creditors despite supposed equality.  This article delves into two key aspects – how foreign creditors are informed and lodge claims – shedding light on their status within Serbia’s legal framework. Key insights stem from major international documents like the UNCITRAL Model Law on Cross-Border Insolvency (MLCBI), EU Regulation 2015/848 on Insolvency Proceedings (Regulation), with Serbian insolvency primarily governed by the Insolvency Act (Act).

Did you know that the early 2024 deal leaderboards are already available via the Activity Rankings function of the CEELMDirect website?

On February 8, 2024, the European Commission (“EC”) unveiled an updated Market Definition Notice (“the Notice”). The revision plays a crucial role in the EC’s approach to assessing mergers and antitrust cases by delineating the competitive boundaries and assessing the market power of companies.

Gecic Law, working with Shibolet & Co, has advised the Paskal Group on "the successful submission of the first CBAM reports from Israel in accordance with the EU’s new Carbon Border Adjustment Mechanism Regulation."

Gecic Law, working with the Brussels office of Clifford Chance, has successfully represented the interests of the Arena Channels group regarding a broadcasting dispute in Kosovo. Deloitte Legal reportedly advised Arena Channels as well.

Gecic Law and Maric & Co have successfully represented the interests of the Arena Channels Group before the Competition Authority and courts of Bosnia and Herzegovina in an antitrust case.

Business activity generates thousands of documents, contracts, letters, invoices, and the like. This constitutes documentary material. This means that every entrepreneur and company in the Republic of Serbia, in one way or another, is either a creators or possessor of documentary material.

During its last session on October 26, 2023, the National Assembly adopted amendments to the Public Procurement Act.

ACI Partners Legal Manager Carolina Parcalab, Avellum Senior Partner Glib Bondar, Gecic Law Counsel Miodrag Jevtic, Vujacic Law Office Partner Sasha Vujacic, and Schoenherr Bulgaria Local Partner Tsvetan Krumov discuss the current status of capital markets in CEE.

Gecic Law has advised Telekom Srbija on its memorandum of understanding with the College of Europe to provide up to ten annual scholarships for Serbian students.

A historic labor strike unfolded in 2023’s ever-evolving Hollywood scene, resembling a gripping drama.  On May 2, the Writers Guild of America (WGA) took center stage, unanimously endorsing a strike.  This was reminiscent of the industry-shifting 2007–2008 Hollywood strike, marking fifteen years since writers last voiced dissent.

The EU Digital Markets Act (DMA) is meant to make digital markets fairer and more competitive. How DMA does this is simple: the European Commission designates the “gatekeepers” (mostly the big tech companies), imposing on them new obligations such as mandatory interoperability of gatekeeper’s services and preventing the gatekeeper from favoring its products and services against similar services or products offered by third parties on the gatekeeper’s platform.

Polo shirts are probably more broadly recognized than the sport itself. Unlike t-shirts, polo shirts feature a collar, a sleek design, and a knitted polo player logo on the chest. However, if you’re not fashion-savvy and examine it closely, you’ll notice that this polo player logo varies.

5G is the fifth-generation mobile network, which promises to lead to a revolution, particularly in transportation.  This article focuses on connected and automated mobility (CAM), an offspring of 5G.  CAM lets vehicles communicate with each other and with the surrounding infrastructure.  Such communication can, in fact, enhance road safety, ease traffic jams, and cut CO2 emissions.  With this in mind, countries worldwide are diligently working on developing 5G cross-border corridors.

Recently, the Serbian Parliament enacted amendments to the Act on Electronic Communications (Act). The Act was drafted through a collaborative effort of representatives from a broad range of organizations, including the Regulatory Agency for Electronic Communications and Postal Services (RATEL), the Regulatory Agency for Electronic Media (REM), the National Alliance for Local Economic Development (NALED), the Foreign Investors Council, the National Convention on the European Union, supplemented by expert opinions from the business sector.