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.
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News from Karanovic & Nikolic
Karanovic & Nikolic's Gannon speaks at USAID Regional Access to Finance event
Chambers Europe 2013 ranks Karanovic & Nikolic as leading law firm
Karanovic & Nikolic hosts Energy Law Group meeting in Belgrade
Karanovic & Nikolic set to hold essay competition for Belgrade law students
Participants and foreign lecturers attend Croatian real-estate conference in Zagreb
News from The Lawyer
Briefings from Karanovic & Nikolic
Bosnia and Herzegovina prepares draft law on natural gas
The draft law governs the organisation and functioning of the natural gas sector.
Incentives system for green energy finally defined by law
The Republic of Srpska National Assembly adopted the Law on Renewable Energy and Efficient Co-generation on 25 April 2013.
Analysis from The Lawyer
Serbs for enthusiasm
Although there has been a downturn in M&A work, elections and legislative change have helped keep Serbia’s legal community busy
Trying times
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
