Milos Vuckovic has been appointed as the new Managing Partner of Karanovic & Partners, taking over from Darko Jovanovic who has been leading the firm for the past two years. Milos Jakovljevic has been promoted to Senior Partner. Additionally, the firm announced that Senior Partner Marjan Poljak will assist Vuckovic in his new role.
Processing of Personal Data in Serbia – Video Surveillance and GPS Tracking
Processing personal data through video surveillance and GPS tracking is a widespread practice that is used for a variety of purposes. Nonetheless, this is a matter that is not clearly defined by law, and there is no consensus practice that would provide guidelines for data processors on how to achieve legal compliance.
Are Questions on a Test Considered Personal Data?
In German case law the stance was taken recently that questions on a test undertaken by a specific individual do not constitute personal data within the meaning of the General Data Protection Regulation (“GDPR”). The court’s position is that these questions, therefore, should not be included in the copy of data issued or provided in accordance with Article 15(3) of the GDPR (right to access to personal data undergoing processing).
Gecic Law and Maric & Co Successful for Arena Channels Group in Antitrust Case
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.
Harrisons Advises EBRD on Inaugural EUR 50 Million Loan to AIK Banka in Serbia
Harrisons has advised the EBRD on its inaugural EUR 50 million loan to Serbia's AIK Banka for on-lending to local small and medium-sized enterprises.
Regulation on Financial Support for Dual Education
On 29 December 2023, the Government of the Republic of Serbia adopted the Regulation on financial support for dual education ("Official Gazette of the RS", No. 120/2023), which entered into force on 6 January 2024 (hereinafter: the Regulation).
Intellectual Property Generated by Employees
Despite their undeniable awareness of importance of intellectual property (IP) for business success, many multinational companies overlook the fact that IP laws vary between countries. This has motivated us to write this article as a memento of IP that can be generated by employees. It explains the general regime related to use of such intellectual property and suggests which legal mechanisms are available to employers in safeguarding their legitimate interests in relation to IP.
Dragoljub Sretenovic Makes Senior Partner while Bisera Andrijasevic Makes Partner at BDK Advokati
Former Partner Dragoljub Sretenovic has been promoted to a Senior Partner position and former Counsel Bisera Andrijasevic has been promoted to a Partner position with BDK Advokati.
AP Legal Advises on EUR 34.5 Million Loan for Hillside
AP Legal has advised a syndicate of banks including Eurobank Direktna, NLB Komercijalna Banka, and OTP Bank Srbija on an EUR 34.5 million loan to Hillside.
Kinstellar, Karanovic & Partners, and AP Legal Advise on Evelixon Acquisition of Grand Wind Park from Windvision
Kinstellar has advised Evelixon Trading Limited on its acquisition of the Grand Wind Park project company from Windvision Serbia Holding and the subsequent sale of a 50% stake in Grand Wind Park to MK Green Energy Limited. Karanovic & Partners advised Windvision. AP Legal advised MK Green Energy.
Did You Know: The 2023 Serbian Leaderboard
Did you know that, according to the Activity Rankings function of the CEELMDirect website, a total of eleven law firms and five individual lawyers worked on five or more reported Serbian client matters in 2023?
NKO Partners Advises on Achiona and Triglav Joint Venture
NKO Partners has advised Achiona on its joint venture with Triglav to develop 20,000 square meters of office space in Belgrade.
Serbian Competition Commission Closes the Bid-Rigging Investigation with Sanctions
By its decision dated 29 December 2023, the Serbian Competition Commission determined that the companies KTG Solucije and Eco Sense from the town of Subotica (in Serbia) entered into a restrictive agreement by colluding in public procurement procedures (i.e., bid rigging).
Bitcoin ETF Approval – Opening New Avenues for the Billion-Dollar Market
The U.S. Securities and Exchange Commission (SEC), the agency responsible for regulating the securities markets and protecting investors in the U.S.A, granted approval to 11 spot Bitcoin exchange-traded funds (ETF), in its Approval Order on 10 January 2024.
Immigration Reimagined in Serbia: A Buzz Interview with Damjan Despotovic of DNVG
Serbia has been hard at work implementing extensive revisions to its immigration laws – merging the work and residency permits, for example – producing both timely results and temporary issues, according to DNVG Attorneys Partner Damjan Despotovic.
Schoenherr Appoints Seven New Partners in Poland, Romania, Serbia, Slovakia, and Slovenia
Poland's Weronika Kapica and Daria Rutecka, Romania's Adina Damaschin and Mara Moga-Paler, Serbia's Zoran Soljaga, Slovakia's Michal Lucivjansky, and Slovenia's Peter Gorse have all been appointed to Partner positions with Schoenherr.
PwC Legal Advise Blue Sea Capital on Acquisition of Telekom Srbija Tower Portfolio
PwC Legal, working with Van Campen Liem, has advised Blue Sea Capital on co-investing to acquire the Telekom Srbija telecommunications tower portfolio alongside Actis and in co-operation with Andrej Jovanovic’s family office.
Kinstellar Announces New Firm-Wide Practice and Sector Leadership Appointments
Kinstellar has announced several appointments to firm-wide practice and sector leadership positions, including Partner Csilla Andreko in Budapest, Partner Iustinian Captariu and Special Counsel Magda Raducanu in Bucharest, Managing Partner Milos Velimirovic in Belgrade, Managing Partner Lukas Sevcik and Counsel Jan Lehky in Prague, and Managing Associate Lukas Mrazik in Bratislava.