Karanovic & Nikolic’s Gannon speaks at USAID Regional Access to Finance event

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Views on amendments to the Serbian Company by Ivana Dišović

By Ivana Dišović The interview with Ivana Dišović was published in Septembe 2018, by CEE Legal Matters. “It is pretty quiet on the dispute resolution market, as hearings are not held in the summer,” says Ivana Disovic, Partner and attorney at law in cooperation with Karanovic & Nikolic. “In contrast, we see high activity in the […]

Legislation for luxury hotel development in Montenegro

Over the years, Montenegro invested significant efforts in the development of the tourism industry, and one could say that it is steadily becoming a go-to destination for those seeking an ultimate luxury Riviera lifestyle. The recent steps taken by Montenegrin legislators show that international trends are well received and recognized by local authorities, this time […]

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The summer has brought a set of amendments to the existing laws, as well as the adoption of new laws in Serbia’s financial sector. This overview focusses on the changes made to the Law on Payment Services (the “PS Law”), while additionally the Law on the National Bank of Serbia (“NBS”) has also been slightly […]

Srbija Vode announces tender for leasing Riverine

By Miloš Vučković The public enterprise Srbija Vode announced the tender for the lease of riverine – a riverbed with accompanying waterside, for the construction of small hydro power plants on 18 different locations in Serbia. These locations are in the municipalities of Arilje, Kraljevo, Novi Pazar, Surdulica, Raška, Babušnica, Ivanjica, Trgovište, Pirot and Bela Palanka. […]

Antitrust: Staggering €4.34bn fine imposed on Google

The European Commission’s 39-­month long investigation into Google’s Android operating system ends with a record­breaking antitrust fine of €4.34bn imposed on Google. The US tech giant was fined for imposing illegal restrictions on Android device manufacturers and mobile network operators, in order to cement its already super dominant position in general internet search services. The […]

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Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

Overage provisions helping landowners to ensure a fair price for its land

By Bhavesh Amlani, Michael Callaghan Overage provisions are a common feature of the development landscape, helping to ensure that a landowner receives a “fair” price for its land. Introduction Overage provisions give a landowner the right to receive a future payment following the sale of the property if the developer enhances the value of that property. […]

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