Tinkering to stir growth and combat stasis
Karanovic & Partners at The Lawyer Business Leadership Summit
The Business Leadership Summit organized by “The Lawyer” magazine and proudly supported by Karanovic & Partners is taking place in London on 25 September. This year’s summit titled “Back to basics: in a world of ever-growing complexities” is attended by more than 150 senior legal professionals from top-tier law firms. Our Managing Partner Rastko Petaković […]
Read moreThe Amendments to the Serbian Law on Patents
Serbia Changed the Law on Patents
The Amendments to the Serbian Law on Patents were enacted on 17 September 2019 and will come into force on 26 September 2019. The most significant changes were brought in the field of innovations made in the course of employment (employees’ invention). The previous version of the law stipulated that innovation created even up to […]
Read moreExplaining the amendments of the Law on Protection of Copyright and Related Righ...
Copyright and Related Rights: Next level
With Directive on Copyright in the Digital Single Market still causing mixed feelings throughout Europe, Serbia takes the best out of earlier EU Directives in the area of protection of copyright and related works and implements it into its national legislation. The amendments to the Law on Protection of Copyright and Related Rights as of […]
Read moreA new energy perspective for the Energy Community
Karanovic & Partners at the 7th Vienna Forum on European Energy Law
The 7th Forum on European Energy Law took place in Vienna on 19 and 20 September and Karanović & Partners was honoured to be a part of it. Our Partner* Petar Mitrović delivered a presentation titled “A new energy perspective for the Energy Community”. Mitrović talked about key challenges regarding sustainable energy production in SEE […]
Read moreNext step for parents in CryoSave case
Contact form for CryoSave case set up
Considering the recent events surrounding stem cell bank CryoSave, Karanović & Partners decided to set up a dedicated form, where parents can leave their information and choose whether to be contacted with additional information as it becomes available. Parents who have already sent an E-mail do not need to fill out the new form, as […]
Read moreFinancial services without going to the bank
Serbian Banks Embracing Digital Technologies
The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further development of […]
Read moreKaranović & Partners holds a presentation on new Serbian Data Protection Law
The new Law on Personal Data Protection – Key Innovations and What you Need to Know
Karanović & Partners held a presentation about the new Law on Personal Data Protection on September 18 at our office premises. Senior Associates* Sanja Spasenović and Milica Filipović, lawyers with vast knowledge and experience in data protection matters in Serbia, talked about the key innovations the Law brings. This new piece of legislation stepped into […]
Read moreReference Rates Reform in SEE
In the Wake of the Reference Rates Reform – Focus on SEE
Reference interest rates play a central role on the financial markets. They are widely used across a range of financial products, including loans, deposits, securities and derivatives. Concerns about the sustainability of the existing reference rates following global rate-rigging scandals have led to a reform process. The reform is aimed at creating new, nearly risk-free […]
Read moreLegislation Update - Croatia
Act on Amendments of the Civil Procedure Act Steps into Force
The Act on Amendments of the Civil Procedure Act in Croatia stepped into force on 1 September 2019 and brought substantial changes through the first amendments of the provisions governing civil procedure since the reform in 2013. The amendments were praised in Croatian legal community, because they aim to expedite dispute resolution and end the […]
Read moreCEE Legal Matters Article by Igor Angelovski
Trends in Liability for Defective Products Involving Vaccines
Pharmaceutical products have been in the spotlight of the Council of the European Union’s Product Liability Directive since its adoption in 1985. Despite the amount of time that has passed, some legal uncertainties remain that strike directly at the notion of defectiveness, as well as the causal link between the defect and the damage (which […]
Read moreCEE Legal Matters Article by Goran Radošević and Milica Filipović
The New Law on Healthcare Protection in Serbia
At the beginning of April 2019, the Serbian Parliament adopted the new Law on Healthcare Protection (the “Law”), with the aim of improving the legal framework and facilitate better functioning of the healthcare system in Serbia, aligning it more closely to EU standards in this field. This new piece of legislation introduces significant novelties to […]
Read moreKaranovic & Partners enters Albanian market
Karanovic & Partners Established Cooperation with CR Partners
Karanovic & Partners is pleased to announce the establishment of cooperation with CR partners, a full-service independent law firm in Albania. CR partners is an experienced law firm from Albania, positioned as a market leader for cross-border transactions, international projects, legislation drafting, PPP projects, etc. The firm is consistently recognised as a local market leader […]
Read moreWho’s Who Legal Names Karanovic & Partners Two Years in a Row
The Leading Competition Lawyers in Serbia
The Karanovic & Partners competition team is once again named as the leading competition lawyers in Serbia in the 2019 edition of Who’s Who Legal: Competition. For two years in a row, our Senior Partner Rastko Petaković, Partner* Bojan Vučković and Senior Associate* Bojana Miljanović were listed among other world’s best competition lawyers. WWL: Competition […]
Read moreLegislation Update: Serbia
Public Consultations on the Draft of the New Serbian State Aid Law in the Final Phase
On 19th August 2019, the Commission for State Aid Control of the Republic of Serbia (“CSAC”), assisted by the National Alliance for Local Economic Development (NALED), organized the third round of public discussions concerning the draft of the new State Aid Law (the “Law”) in Serbia. The preparation of the draft Law came as a […]
Read moreKaranovic & Partners Advised on Another Capital Transaction in Serbia
Knjaz Miloš Sold to KMV and PepsiCo
One of the largest deals of 2019 is officially completed – Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, sold its shares in Knjaz Miloš to a joint venture between Karlovarské Minerální Vody (KMV) and PepsiCo, Inc. (PepsiCo). Karanović & Partners acted as local counsel for Mid Europa Partners in […]
Read moreThe Recognition of Importance of Arbitration and Mediation in Business
Serbia Signs the Singapore Convention
On 7 August 2019, Serbia became one of the first 50 countries in the world to sign the United Nations Convention on International Settlement Agreements Resulting from Mediation – dubbed the Singapore convention. Much like the New York Convention on Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the Singapore Convention aims to […]
Read moreSerbia Attracts the Most Greenfield Investments in 2019
Serbia Tops Global Greenfield FDI Performance Index
Serbia achieved the top spot at the Greenfield FDI Performance Index[1] for 2019 – fDi Intelligence, a Financial Times data division, placed Serbia as a number one in its annual Greenfield FDI Performance Index study. The Study, which looks at inbound greenfield investment in 2018 relative to the size of each country’s economy, assigned the […]
Read moreLegislation Update: Serbia
Serbian Law on Enforcement and Security Amended Again
Latest amendments to the Law on Enforcement and Security were published on 26 July 2019 in the Official Gazette RS no 54/19. The Law entered into force on 3 August 2019, however its application is postponed until 1 January 2020, save for article 166 that is being applied immediately (most notably transferring all pending enforcement […]
Read moreThe Ministry of Economy of Montenegro Published the Public Invitation
Tender for Brajići Wind Power Plant Published
The Ministry of Economy of Montenegro published the public invitation for awarding the long-term lease of the state-owned land on the Brajići location, on the territories of Budva and Bar (the Invitation), for the purposes of design, construction, use and maintenance of the wind power plant of the minimal installed capacity of 70 MW (the […]
Read moreLegislation Update: Serbia
New Trade Regulations in Serbia: Paving the way to the digital market?
On 22 July 2019, Serbia enacted a new Law on Trade, as well as some important amendments to the Law on E-Commerce. The new trade regulations in Serbia are an attempt to keep pace with European legislation and the comparative practices of other countries, with the applicability of some provisions postponed until the country officially […]
Read more