Combating late payments in commercial transactions — exceptions
The general rule of the newly adopted Law on the Terms for the Settlement of Monetary Obligations in Commercial Transactions is that all payments between business entities have to be settled within 60 days and where the debtor is a subject from the public sector, the maximum agreed period for payments is 45 days.
Click on the link above to download the Karanovic & Nikolic briefing.
News from Karanovic & Nikolic
News from The Lawyer
Briefings from Karanovic & Nikolic
The draft law governs the organisation and functioning of the natural gas sector.
The Republic of Srpska National Assembly adopted the Law on Renewable Energy and Efficient Co-generation on 25 April 2013.
Analysis from The Lawyer
Although there has been a downturn in M&A work, elections and legislative change have helped keep Serbia’s legal community busy
The Balkan economic climate continues to be stormy, but the arrest of Ratko Mladic and Serbia’s modernisation drive as it bids for EU membership are signs of better days to come. Joanne Harris reports