Baros, Bicakcic & Partners has successfully persuaded the High Commercial Court in Banja Luka to upheld the decision of the District Commercial Court obliging Addiko Bank to pay firm client Vucko d.o.o. Jahorina a total of over BAM 1 million in damages, interest, and court costs.
“Things on the state level have been rather stagnant because the government on the state level has not been formed yet, but much buzz was created around the Federation of B&H Government’s proposed new Law on Contributions and new Income Tax Law,” says Mirna Milanovic-Lalic, Partner at the Mirna Milanovic-Lalic i Jasmina Suljovic Law Firm in Sarajevo.
“Things are pretty quiet, and there aren’t any big developments,” begins Sead Miljkovic of Miljkovic & Partners, when asked for the Buzz in Bosnia & Herzegovina. He reports that “infrastructural projects and consolidations in the bank sector” are active at the moment, as well as “financing of public projects,” but he adds that “none of it is large-scale."
Law Firm Sajic has successfully represented Aquana doo Banja Luka in the Supreme Court of the Republic of Srpska, which upheld the decision of the lower court that Aquana doo owed only EUR 50,594.85 to plaintiff Atzwanger S.P.A. as damages related to the construction of an aqua-park in Banja Luka, and not the EUR 1,158,863.90 that Atzwanger had been seeking.
We’re still in the aftermath of the general elections that occurred in October of 2018,” says Andrea Zubovic-Devedzic, Partner at CMS in Sarajevo, who describes the elections as “ the biggest topic in 2018.” According to Zubovic-Devedzic, “there was a lot of wait-and-see before the elections. The hope was the government would be formed quickly and things would pick up. But unfortunately that hasn’t happened yet, and we’re still waiting.”