“The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple [the biggest tax bill ever imposed outside the US]. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid [indirect subsidies].“1 Following an in-depth state aid investigation of the “sweetheart fiscal deal” between Ireland and Apple, the European Commission has concluded that Apple received illegal tax benefits from Ireland through a favorable tax arrangement selectively provided to this company for a number of consecutive years. […]
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CEE Legal Matters magazine reports that Gecić Law, together with DLA Piper, a London-based law firm, successfully represented Air Serbia during the European Commission’s investigation concerning Etihad Airways’ investment in the Serbian airline. Following completion of the investigation, in July 2016, the European Commission concluded that the investment was permissible under EU rules. This decision was of crucial importance for Air Serbia, while it also attested to the quality of the work done by the legal teams. Air Serbia – a Strategic Partnership and a New Beginning In August 2013, the Government of the Republic of Serbia and Jat Airways […]
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Gecic Law recently advised the Science and Technology Park Belgrade, which was founded in partnership by the Government of Serbia, the City of Belgrade and the University of Belgrade to facilitate an association between economic, scientific and educational organizations. The project, which is meant to support the transfer of knowledge, the development of new technologies and to stimulate growth of the knowledge economy, will support growing technological development companies and small start-ups. Gecic Law has assisted the park with various legal matters in the process of taking over the management of the science park. Nikola Aksić, lead legal counsel on […]
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Gecić Law is looking for a competent Office Manager / Business Development Assistant to manage daily administrative tasks. Gecić Law is one of the foremost innovative law firms in Serbia. We have achieved this by building long-term relationships with clients based on reciprocity, trust and the highest standards of professional ethics. By adopting new models for the delivery of legal services, we have redefined the role that a law firm plays in an emerging regional market, which has produced truly exceptional results. Our team shares a joint vision to create a true corporate meritocracy dedicated to excellence in the practice […]
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CEE Legal Matters, a leading source of news and analysis on Europe’s emerging legal markets, recently organized a round table to discuss the legal services market in Serbia. The event hosted an elite gathering of senior and managing partners from local and regional law firms and the in-house counsel of Henkel. Gecić Law Partner, Bogdan Gecić participated in the discussion, which elaborated on the overall status of the market, including growth trends, the breakdown of the industry, fee structures, new upcoming legislation and expectations for 2016 / 2017 and the challenges facing the industry in the future. In particular Gecić […]
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Gecić Law is pleased to announce that our office has moved to a new address: Nikole Spasića 2 11000, Belgrade Hope to see you soon! *All of the Firm’s other contact information will remain the same.
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At a recently held conference in Singapore the Director of the Cartels Directorate of DG Competition of the European Commission (the “Commission”) addressed the issue of investigative powers of the Commission and collection of evidence during dawn raids. In particular, they emphasized that the Commission has to “keep up with the technology” in order to effectively combat illegal price fixing and market sharing. According to him, that could be achieved by finding ways to collect data from online social networks so to determine whether individuals are involved in infringement of competition rules. In that respect, it was emphasized that the […]
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Gecić | Law advised Železara Smederevo and the Government of Serbia on EU, regulatory and corporate matters in connection with the €46 million ($52 million) sale of assets of Železara Smederevo’s through a public tender procedure to the Chinese company Hebei Iron and Steel Company Limited (HBIS). Under the transaction, HBIS pledged to invest at least $300 million in a new company and to utilize the acquired assets to develop its global layout and to provide better service for its customers in Europe. Leading Serbian Steel Manufacturer Železara Smederevo is Serbia’s leading producer of steel and is the second-largest Serbian […]
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The market for the distribution of airline tickets has recently come under the examination of the European Commission (the “Commission”). Upon receiving the formal complaint from the European Technology and Travel Services Association (the “ETTSA”)1, the Commission has sent questionnaires to carriers, travel agents, online reservation sites and global distribution systems asking for the information on exact contract terms and conditions between airlines, travel agents and computerized reservations systems. The main issue that should be determined is whether airlines are impacting customers to book tickets on their own websites rather than using travel agencies and other available computer reservation systems […]
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As announced by one of our previous publications, the new rules on personal data protection were adopted at the European Union (“EU”) level on April 14, 2016. Referred to as “the culmination of over four years of hard work” in the joint statement of the European Commission (“Commission”) First Vice-President, Vice-President in charge of the Digital Single Market and Commissioner for Justice, Consumers and Gender Equality, the new policy aims to extend the citizens’ right to personal data protection, enhance legal certainty for businesses by unifying the regulation within the EU and allow for improved cooperation of Member States’ criminal […]
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