Senior Associate Miodrag Jevtić delivered a training session on cross-border insolvency on Monday, December 20. The event was organized by The Bankruptcy Supervision Agency of the Republic of Serbia, within a project supported by the Ministry of Economy of the Republic of Serbia and the Swiss State Secretariat for Economic Affairs (“SECO“). Miodrag gave an overview of the legal framework for cross-border insolvency and the best practices in the field, analyzing the UNITRAL Model Law of Cross-Border Insolvency. Dr Marko Radović, a judge of the Commercial Court of Belgrade also spoke at the webinar. The event was held as part […]
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Gecić Law has been named the leading law firm in a dynamic regional market of 150 million people, winning the title in The Lawyer European Awards 2021 on December 1st. The award places the company among “crème de la crème of the European legal market” in The Lawyer’s words, and positions Gecić Law first in a highly-competitive market encompassing Turkey and the entire Balkans. The prestigious prize – awarded for the first time, covering an expanded region – confirms Gecić Law’s reputation as the most innovative law firm in South Eastern Europe and truly a member of the European legal […]
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Cluster 4 on the Green Agenda and Sustainable Connectivity was formally opened at an Intergovernmental conference on Tuesday, in Brussels, covering four negotiating chapters. Earlier this year, and in order to make the accession process more efficient, the Commission proposed and the EU Council agreed to implement the revised Enlargement Methodology, according to which negotiating chapters are organized in thematic clusters. Clusters were envisaged as a means to ensure stronger progress monitoring and accelerated integration. The Green Agenda and Sustainable Connectivity cluster encompass Chapter 14 on Transport Policy, Chapter 15 on Energy, Chapter 21 on Trans-European Networks and Chapter 27 […]
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On December 9, 2021, the European Commission (’’Commission’’) approved Croatian State aid in the amount of EUR 783 million to support the production of electricity from renewable energy sources as part of the European Union’s endeavors to meet the climate and energy objectives set by the Communication ‘A policy framework for climate and energy in the period from 2020 to 2030’. The Croatian scheme will be open until 2023 and will be paid out to the selected beneficiaries for a period of 12 years. The Commission assessed this scheme under the 2014 Guidelines on State aid for environmental protection and […]
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This year brought numerous changes to businesses in Serbia, and digitalization was particularly in focus. Instead of the Fiscal Cash Registers Act, Serbia now has the Fiscalization Act, which will start to apply on January 1, 2022 (the “Act“). Entities who have the obligation to record the turnover of goods and services in retail through the fiscal cash register are obliged to harmonize their business with the provisions of the Act by April 30, 2022. The transition period began on November 1, so that taxpayers can now gradually adjust their businesses to the new fiscalization model. So, what does the […]
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Bogdan Gecić, the founding partner at Gecić Law, spoke today at the winter edition of the prestigious Vivaldi Forum which traditionally takes place in Drvengrad, on the picturesque Mokra Gora mountain. His thought-provoking presentation titled “Sufficient Light: The Market and Competition”, delivered as part of the “Vivaldi Talks: Fertile Grounds for Growth” segment of the conference showed a fresh and unconventional perspective on the importance of fair competition for growth and development on the market, capturing the interest and sparking discussion among the delegates attending the event and numerous other participants who followed the session online. “Competition is a natural […]
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“The Earth is what we all have in common.” —Wendell Berry Environmental Social and Governance (“ESG”) are the three main elements that companies increasingly consider when deciding whether to cooperate with or invest in a company. It is also a term used in capital markets when assessing corporate behavior and a method of linking the performance in these three areas with the – future financial performance of corporations. The term is sometimes referred to as sustainable investing, responsible investing, impact investing, or socially responsible investing. Nevertheless, once enough data has been obtained, they are integrated into the investment process […]
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The battle for supremacy i.e. primacy between Member State and European Union (“EU”) law is in full swing, with the prospect of even more trouble. In late October, the EU’s highest court (“CJEU”) issued a landmark daily fine to Poland in the amount of EUR 1 million for failing to comply with CJEU’s order. This tremendous fine is the biggest to date and may very well be a warning to any other Member State that might try to question the primacy of EU law. Getting to the Biggest Supremacy Fine Polish judicial system reforms are what triggered the dispute between […]
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Our own Ivana Stojanović Raišić, Counsel, shared her tremendous knowledge and experience with the students of the esteemed University of Florence (ita. Università degli Studi di Firenze) in a unique experience, as a guest lecturer in the International Business Law Course, led by Prof. Ettore M. Lombardi. Students had the opportunity to listen in and take an active part in an online two-part mini-course titled Elements of Competition Law: An International Perspective, where Ivana provided practical insights into the most interesting aspects of competition law and how they relate to business activity. Students engaged in a number of hands-on exercises […]
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Gecić Law’s sustainability experts took part in two sessions at this fall’s CSR Forum organized by the Responsible Business Forum and Smart Kolektiv. Gecić Law and the Responsible Business Forum hosted a panel on responsible business practices on November 22. The event was held as part of the CSR Forum and was titled “Strategies for Sustainability – from CSR to ESG policies.” Our Partner and Head of Corporate / M&A Ognjen Colić moderated the panel. Meanwhile, speakers at the event were Erste Bank Senior Expert for Corporate Social Responsibility Sonja Konakov Sirčev, Nelt Operations Manager Milenko Ribić, Lidl Serbia CSR […]
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