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Competition

After several years of announcements, the new Montenegrin Law on the Protection of Competition has been recently enacted and will come into force on 9 October 2012. ...more

Dispute Resolution

Serbia and Montenegro almost simultaneously updated their legislation on enforcement proceedings. The main novelties under both statutes pertain to improvement of the enforcement regime applicable to directly enforceable instruments and devolution of certain enforcement powers to bailiffs. ...more

Employment

Recent amendments to the Labour Law give additional protection to female employees who are pregnant or have recently given birth. Prior to the amendments, an employment contract concluded for a fixed period could expire according to its terms even if the female employee became pregnant or took maternity leave, childcare leave or special childcare leave during the contract period. ...more

Energy & Natural Resources

The Law on Efficient Use of Energy (Zakon o efikasnom korišćenju energije, Official Gazette of Serbia no. 25/2013) (the “Energy Efficiency Law”), adopted by the Serbian Parliament on 15 March 2013, brings foundation for the development of the ESCO (energy service company) industry in Serbia. The legislation is based in the EU Directive 2006/32/EC. ...more

Finance

Serbia has made one further step towards foreign exchange liberalization, with the Parliament’s adoption of a new set of
amendments to the Law on Foreign Exchange on 15 December 2012. The amendments came into force on 25 December
2012. ...more

Intellectual Property

As of June 5, 2012, Bojovic-Dasic-Kojovic is offering the visitors of our website a blog specifically dedicated to intellectual property (IP) law. It is, to our knowledge, the first such blog in Serbia or Montenegro, and indeed in the whole region of the former Yugoslavia. ...more

M&A and Corporate

Acquisition cements FrieslandCampina’s position in South-East Europe, a region with circa 75 million consumers ...more

Public Law

On 28 June 2012, the U.S. Supreme Court issued a ruling in the politically controversial ObamaCare litigation (National Federation of Independent Business v. Sebelius). ...more

Real Estate

In force since 23 March 2013, the Law on Efficient Use of Energy (Zakon o efikasnom korišćenju energije, "Sl. glasnik RS", no. 25/2013) ("Law"), imposes new requirements on real estate developers and owners which will increase the costs of construction and transactions with real property. ...more

Regulatory

Procurement of real estate is no longer exempted from the application of the law, while new exceptions to the application of the procurement legislation are introduced, pertaining to procurement of notarial services and procurement of goods and services required for safe production of banknotes, identification documents and excise stamps, services of money transport and protection of money transport. ...more

Tax

Associates at BDK Tax, Tanja Vasić and Miloš Krstić, attended the 13th Annual ABA’s Conference: “Tax Planning Strategies, U.S. and Europe” which took place in London from 11-12 April 2013. Presentations covered many hot topics in international taxation such as Debt Equity Characterization and Interest Allocation Issues, Meaning of the Beneficial Owner Today, Recent Cross-Border Mergers & Acquisitions and Restructuring Transactions, the Service PE and Transfer Pricing.
...more

Telecom, Media & Technology

The Serbian Parliament has recently adopted the Law on Electronic
Communications („Law“). The Law follows the wide-spread fashion of providing a single legal framework for all types of electronic communications. ...more

Miscellaneous

BDK welcomes new team members ...more

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