Selih & Partnerji, Polenak, Maric & Co, Kalo & Associates, and BDK Advokati have advised NLB Skladi on its acquisition of Generali Investments in North Macedonia. Papazoski and Mishev, an independent law firm in cooperation with PwC, advised Generali Investments.

While local courts have been taking the stance that mortgage over the land does not extend to objects subsequently built on the mortgaged land, in one recent case, the Supreme Court of Republika Srpska (RS Supreme Court) took an entirely opposite one. Applicable laws support the stance of the RS Supreme Court. Clear treatment of this issue by the courts is important for both mortgage creditors and buyers of subsequently-built objects.

Respecting intellectual property rights (IPR) in Bosnia and Herzegovina is a journey less traveled, yet one of paramount importance in today’s digital age. In a world where information knows no bounds and creative works are easily shared with a click, the value of safeguarding original ideas and innovations often takes a back seat. Let’s dive into this exploration of the complexities surrounding intellectual property in a landscape where imitation frequently overshadows ingenuity. The lack of awareness and enforcement mechanisms regarding IPR poses significant challenges for creators and innovators striving to protect their work. Without proper safeguards in place, the risk of exploitation and unauthorized use looms large, hindering the growth of a dynamic and inventive environment within the nation. Additionally, as technology continues to advance at a rapid pace, navigating the intricate web of intellectual property laws becomes increasingly daunting for individuals and businesses alike.

Bosnia and Herzegovina (BiH) is a country in the south-east of Europe (the so-called “Balkan region”) with an area of 51,229 square kilometers. In accordance with its political and legal structure, BiH is divided into two entities (the Federation of Bosnia and Herzegovina – FBIH – and Republika Srpska – RS) and the Brcko District (BD BIH). The real estate market is a significant part of the economic activity of BiH and is governed by a set of legal regulations which follow international standards for the protection of property rights. In the course of 2022 and 2023, there was a strong investment wave in the real estate market.

Ibrahimovic & Co has launched a German Desk to support companies wishing to establish, expand, or consolidate their activities in German-speaking countries. The German Desk will be co-led by Partner Nadin Kantic and Attorney at Law Tomislav Tomas.

On the evening of April 25, 2024, the Deal of the Year Awards Banquet brought together, under the same roof, top-tier lawyers from Central and Eastern Europe's leading law firms in the region in Warsaw.

The latest amendments to the Republika Srpska Civil Procedure Law were enacted to ensure procedural improvements, align the rules with the European Convention on the Exercise of Children’s Rights, better regulate cases involving marital and family disputes, and strengthen court rulings.

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

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

Harrisons, Maric & Co, Lambadarios, and Wolf Theiss, working with Linklaters, have advised a banking consortium led by UniCredit Bank London on the United Group's EUR 1.7 billion issuance of four tranches of senior secured and PIK notes as well as on the increase and extension of its EUR 410 million revolving credit facility. Selih & Partnerji, working with Paul Weiss, advised the United Group. Schoenherr, Koutalidis, De Brauw Blackstone Westbroek, and Elvinger Hoss Prussen reportedly advised the United Group as well.

Did you know that, using the Activity Rankings function of the CEELMDirect website, you can look up the 2023 deal leaderboards in each CEE market, including Bosnia and Herzegovina, Moldova, Montenegro, North Macedonia, and Slovenia?

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.

Sajic has successfully represented the interests of Daniel Bubalo before the Supreme Court of the Federation of Bosnia and Herzegovina in a real estate dispute.

Drakopoulos has become a part of the South East Legal Alliance, thus expanding the network’s reach to Athens, Bucharest, and Nicosia.

By an increasing development of digital technologies, and especially following the recent COVID-19 global pandemic, many employers in Bosnia and Herzegovina have started to implement remote working in their work regime. Depending on the needs of their businesses, some employers have implemented a hybrid regime (i.e., a combination of work from the employer’s premises and remote work), while some have completely switched to remote work regime. Generally, remote work in B&H is attractive for employers, due to cost cutting (e.g. lower lease fees, lower utility costs), but also due to higher employee satisfaction as it supports work-life balance.

The first thing that comes to mind when discussing the tax system in Bosnia and Herzegovina is the complexity of the regulations governing the practical implementation of tax laws. This complexity stems from constitutional provisions that regulate the jurisdiction of institutions at the level of Bosnia and Herzegovina, entities, or even cantonal authorities. Therefore, for a better understanding, it is essential to make a clear distinction between direct taxes (income of individuals, profit of legal entities, property) and indirect taxes (VAT, excise taxes).

Schoenherr, working with Walder Wyss and the Law Office of Loren Richards, has advised Raiffeisen Bank International on its EUR 31 million project financing to borrower Energy Financing Team SE Bileca to develop a 60-megawatt solar power plant in Republika Srpska, Bosnia and Herzegovina.

The need for management contracts arises when an employer needs to arrange for a relationship beyond that of one with a simple employee – one with an individual performing managerial or supervisory tasks. Therefore, the relevant labor laws (in the Federation of Bosnia & Herzegovina, Republika Srpska, and Brcko District of Bosnia & Herzegovina) introduce management contracts that offer an alternative for the employer to conclude an agreement with a manager without establishing actual employment. The aim is for a more flexible arrangement of said business relationship or established employment which is absolutely subject to the provisions of the relevant labor laws.