The Law on Amendments to the Law on Excise (“the Law”) was published in the Official Gazette of the Republic of Serbia no. 75/2023 of September 6, 2023, and it entered into force on the eighth day after its publishing, i.e., on September 14, 2023, while it shall be applied from October 1, 2023.
Probate Proceedings With a Foreign Element in Serbia – Jurisdiction of the Serbian Courts
In the probate proceedings, the court determines who the heirs of the decedent are, which property makes up his estate, and which rights from the estate belong to heirs, legatees, and other persons.
German Supply Chain Due Diligence Act: Implications for Serbian Companies and Supply Chain
The German Supply Chain Due Diligence Act is a major advancement in the supply chain network, improving international human rights and environmental standards across the board. It focuses on issues of child labour, health and safety standards, and the role of trade unions, and will have substantial effects on all relevant parties concerned due to its scope and importance. For instance, the Act bans all sorts of conduct from discrimination to forced labour. Serbia in particular will be considerably impacted, since Germany is the country's largest trade partner.
How Can Corporate Reputation be Protected?
Corporate reputation is an organisation's most valuable intangible resource and may be defined as the public perception of the company and how it operates. It has its monetary expression and influences financial and social capital as well as market share. It can be positive and negative. Reputation is an essential aspect of any business. In today's digital age, a company's reputation can be easily tarnished through websites, social media, online reviews and news articles.
BDK Advokati Advises Digital Revolution Shareholders on Sale to Fibers PTE
BDK Advokati has advised Vision Gaming Holding and the other Digital Revolution shareholders on the sale of Digital Revolution to Singapore-based Fibers PTE.
Serbia's Improved FDI and Energy Prospects: A Buzz Interview with Hristina Kosec of Gecic Law
Serbia is experiencing positive economic growth driven by strong foreign direct investments, while developing a growing focus on energy security and the transition to renewable energy sources, according to Gecic Law Partner Hristina Kosec.
Wolf Theiss Appoints Six New Partners in Vienna, Bucharest, Warsaw, Bratislava, and Belgrade
Former Counsels Zeno Grabmayr, Adelina Iftime-Blagean, Maciej Olszewski, Aleksandar Ristic, Bruno Stefanik, and Stefan Wartinger have all become Partners in Wolf Theiss’ respective offices across CEE.
Product Liability for Products Containing Artificial Intelligence
Product liability for products containing artificial intelligence (AI) is a complex and evolving legal area that combines traditional product liability principles with the unique challenges posed by AI technology. Product liability refers to the legal responsibility of manufacturers and sellers for injuries or damages caused by their products.
Open Call for Women’s Entrepreneurship – Call for Granting Cash Incentives and Loans is Published
Open call for granting non-refundable cash incentives and approval of loans with the aim of incentivizing the development of women’s entrepreneurship was published on 28 August as part of Program for incentivising the development of entrepreneurship through financial assistance for women’s entrepreneurship (Program).
Wolf Theiss and Schoenherr Advise on Sona BLW EUR 40.5 Million Acquisition of Majority Stake in Novelic
Wolf Theiss has advised India's automotive systems and components manufacturer Sona BLW Precision Forgings on the EUR 40.5 million acquisition of a 54% stake in Serbia's radar sensor and embedded systems company Novelic. Schoenherr, working with India's Priti Suri & Associates, advised Novelic's founders on the sale.
Increase of Excise Taxes by 8% for Certain Products
The Government of the Republic of Serbia adopted amendments and supplements to the Excise Law (Law) on 6 September 2023.
To Know What the Future Holds – A Closer Look into Duration of Court and Arbitral Proceedings
It is well established in today's world that the resolution of civil disputes is a crucial aspect of any legal system both by ensuring justice effectively and enabling continual business relationships to thrive unhindered by excessively long-lasting court proceedings.
The Government of the Republic of Serbia Adopted the Personal Data Protection Strategy
On August 25, 2023, the Government of the Republic of Serbia adopted the Personal Data Protection Strategy for the period 2023-2030 (“Strategy”).
Zivkovic Samardzic Successful for B92 Before European Court of Human Rights
Zivkovic Samardzic has successfully represented the B92 media company before the European Court of Human Rights in a dispute against Serbia.
Conclusion of Contract by Using Emoji – How Informal the Informal Contracts can be?
Meeting of minds of the contracting parties undeniably represents the very foundation of the contract law, hence both theory and practice agree that there is no agreement without it. However, when it comes to the manner of expressing such will, the situation is somewhat different.
Serbia Adopts the Personal Data Protection Strategy for 2023 – 2030: Fresh and Bold Goals for the Times to Come
In a critical move to face the rapidly evolving technological novelties and their immanent implications on the protection of personal data and the business environment in general, the Serbian Government adopted the Personal Data Protection Strategy 2023 – 2030 (the “Strategy”) late this August.
Class Action in the USA and Its Prospects in Serbia – Part II
In the previous article, we became familiar with the class action. This legal institute originated from Anglo-Saxon law, and many countries use it, primarily the USA. In this article, we will consider the introduction of a similar institute into the legal system of the Republic of Serbia from the perspective of de lege ferenda.
Chapter 2 – Keeping a Promise – The First-Instance Commercial Offence Proceeding
As we promised a few weeks ago when we discussed all the interesting aspects of commercial offences as an integral part of Serbian penal law, we shall now take a closer look at the first-instance proceeding and some of the most important segments of domestic and foreign legal entities, as well as their responsible persons, should keep in mind in case they are subjected to a commercial offence proceeding.