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Related briefings

Competition authorities in the region initiate merger control investigations against Agrokor’s successor Fortenova

By Bojan Vuckovic The Croatian food and retail powerhouse Agrokor almost collapsed due to financial difficulties in 2017, but was saved from bankruptcy when its creditors accepted a debt resettlement deal in July 2018. Following the implementation of the deal, Fortenova Grupa d.d. (“Fortenova“) begun its operations on 1 April 2019 as the successor to the troubled conglomerate. However, […]

Republika Srpska introduces tax incentives from 2020

The National Assembly of Republika Srpska, one of entities in Bosnia and Herzegovina adopted the Law on Amendments to the Law on Corporate Income Tax (CIT Law). The most important changes to the current provisions concern introduction of tax incentive for investments made in equipment and production facilities. Incentive will start to apply from 1 […]

Dawn raid conducted in Montenegro

Montenegrin Competition Agency announced earlier this month that it conducted a dawn raid on 25 July 2019 in the premises of providers of after-sales services for motor vehicles (including motorcycles), looking at the terms of guarantees, manner of service provision and spare parts sales. The dawn raid was conducted as a part of a formal […]

Serbia Changed the Law on Patents

By Nikola Kliska The Amendments to the Serbian Law on Patents were enacted on 17 September 2019 and will come into force on 26 September 2019. The most significant changes were brought in the field of innovations made in the course of employment (employees’ invention). The previous version of the law stipulated that innovation created even up to one year after employment had […]

Serbian Banks Embracing Digital Technologies

By Katarina Guduric, Kristina Pavlovic The rapid development of digital technology has brought FinTech to Serbia, and what is certain from the beginning is that it will substantially reshape the interaction between service providers and users. Customer demands for efficiency are about to bring various technological innovations into the industry, which will create new opportunities and accelerate further […]

Latest Briefings

Formation of contract and enforcement of terms: What negotiators need to know

By Gwendoline Davies, James Crayton Gwendoline Davies, Head of Commercial Dispute Resolution, and James Crayton, a partner in the Commercial Contracts Team, offer practical advice arising from the recent case of Volumatic v Ideas for Life [1], which highlights the risks of doing business in the absence of a concluded contract. Why is this case of interest? […]

Who needs a guarantor agreement?

By David Asker A guarantor is an individual who is agreeing to pay the rent if the tenant defaults on payments. Guarantors can often be necessary when renting to students or those in part time or low paid work, but any landlord can ask for a guarantor agreement if they feel there might be an element […]

Housing possession court duty scheme

By David Asker The Government is holding a consultation covering additional legal support for those facing eviction or repossession. Currently, the Housing Possession Court Duty Scheme (HPCDS) offers free advice on the day to anyone at risk of eviction or repossession, this service is not means tested and is therefore available to anyone who finds themselves […]

CJEU: “opt-out” language does not create valid cookie consent – Austria

By Wolfgang Tichy, Gunther Leissler, Serap Aydin On 1 October 2019 the Court of Justice of the European Union (“CJEU“) provided guidance on whether website operators may obtain consent to the use of cookies via a preselected tick-box. 1   Background of the case A German company organised a promotional lottery on its website. It obtained the consent of […]

CJEU decides on obligation of social media operators

By Gunther Leissler, Andreas Natterer, Sara Khalil Case: C‑18/18; Eva Glawischnig-Piesczek vs Facebook Ireland Limited On 3 October 2019 the Court of Justice of the European Union (“CJEU”) provided guidance on Social Media operators obligations to monitor their networks for “hate speech”. 1 Background of the case In 2016 Eva Glawischnig-Piesczek, a (former) Austrian politician, was exposed […]

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James Knight

Keystone reveals double-digit turnover growth for 2018/19

Keystone Law has posted its interim financial results for the six months ending in July 2019, posting turnover growth of 15 per cent. The firm revealed its revenue increased from £19.9m to £23m. Profit before tax, meanwhile, increased by 15.4 per cent, rising from £2.3m to £2.7m. The firm attributed the smaller rise in turnover […]

PwC

PwC puts forward bid for Axiom spin-off

Big Four accountancy firm PwC is among the bidders interested in buying Axiom Managed Solutions (AMS), one of two companies spun out of locum lawyer business Axiom, The Lawyer understands. According to sources familiar with the negotiations, the sale process of the company has recently reached its second round of offers with a reduced number […]

money

UK200: Two more firms join the £1m PEP club

A record 12 firms in this year’s UK 200: the Top 100 report posted an average profit per equity partner (PEP) of £1m or more, The Lawyer can reveal, a rise of two on the 10 in 2017/18. Several firms in this PEP millionaire dozen have average profits that are well over the £1m benchmark. All four […]

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