Serbia > Legal market overview
Leading individuals
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- Vladimir Dašic Bojovic Dasic Kojovic
- Dragan Karanovic Karanovic & Nikolic
- Cedomir Kokanovic Nikolic Kokanovic Otasevic
- Rastko Petakovic Karanovic & Nikolic
- Radivoje Petrikic CMS Reich-Rohrwig Hainz
- Aleksandar Preradovic Harrisons Solicitors
- Stojan Semiz CMS Reich-Rohrwig Hainz
- Petar Stojanovic Joksovic, Stojanovic & Partners
- Matija Vojnovic Moravcevic Vojnovic Zdravkovic OAD in cooperation with Schoenherr
With the latest round of privatisation all but completed and economic recovery slow, most law firms are still experiencing substantially less activity in terms of significant M&A. Serbian parliamentary elections are due to take place in 2012; this and the country’s campaign to achieve EU candidate status and, subsequently, accession to the EU, are contributing to economic sluggishness as some corporate clients wait to determine the outlook before making significant investment decisions. That said several large multinationals did push forward large projects in the energy, life sciences and technology sectors, which have remained relatively buoyant. Also, as part of its EU alignment, the Serbian parliament adopted two crucial laws governing companies (Company Law (No 36/2011)), and capital markets (Capital Market Law (No 31/2011)), which has generated a stream of new compliance mandates.
Large projects, as well as new laws on restitution and construction, have kept the real estate sector busy, but for the most part new property financing remains difficult to obtain.
Maric, Malisic & Dostanic o.a.d, formed in January 2011, is the exclusive Belgrade correspondent law office of Gide Loyrette Nouel A.A.R.P.I.. The new firm comprises ten lawyers including three equity partners, most of which previously trained and worked at the French firm.