The Legal 500

Karanovic & Nikolic

RESAVSKA 23, 11000 BEOGRAD, SERBIA
Tel:
Work +381 11 3094 200
Fax:
Fax +381 11 3094 223
Web:
www.karanovic-nikolic.com
Email:

What we say about the firm's legal practice in Serbia

Competition

Within Competition, Karanovic & Nikolic is a first tier firm,

The dedicated group at Karanovic & Nikolic has guided investors through merger procedures in Serbia and the wider region; and offers stand-alone competition law advice noted for its ‘high quality’. Recent cases include advising multinationals on abuse of dominant position and a major Serbian food producer on price-fixing cartel allegations. International colleagues consider the firm to be ‘the market leaders in Serbian competition law. The impressive team delivers spot-on advice to challenging deadlines’. Rastko Petakovic heads the practice.

Corporate, M&A and privatisation

Within Corporate, M&A and privatisation, Karanovic & Nikolic is a first tier firm,

Moving forward in terms of regional coverage and looking to attract more German and Turkish investors through its new German desk, Karanovic & Nikolic is still the largest Serbian law firm, despite recent staff losses. The firm has a specialist tax group, which is invaluable when advising on transactions such as Danone’s potential acquisition of Knjaz Milos water bottling and Mlekara Subotica dairy. It is the partner of choice for global law firms, and cooperated with Clifford Chance on advice to Anheuser Busch Inbev on the sale of its breweries to CVC Capital Group in 2010.

Legal market overview

Real estate

Within Real estate, Karanovic & Nikolic is a first tier firm,

Karanovic & Nikolic delivers specialist advice across the Balkans for clients involved in the development of resorts, retail outlets and industrial sites. Milos Vukovic has recently advised Airport City Belgrade on issues arising in the development of a substantial commercial and residential complex including title, permits and leases and drafting of the construction and lease contracts. IKEA is assisted with due diligence for site acquisition.


What we say worldwide

Please choose another Karanovic & Nikolic office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

Bosnia and Herzegovina

Offices in Banja Luka

Macedonia

Offices in Skopje

Serbia

Offices in Belgrade

Legal Developments by:
Karanovic & Nikolic

Legal Developments in Serbia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • NEW COMPANY LAW IN SERBIA

    In May 2011, the Serbian parliament adopted a new company law, which is scheduled to take effect on 1 February 2012 (hereinafter: the “New Company Law”). The new legislation will replace the current company law that has been in force since 2004 (hereinafter: the “Old Company Law”)
  • Serbia Business Crime 2012

    A practical cross-border insight into business crime
  • Czech Republic: Unfair Competition and Infringements of IP Rights – Who Is Competent?

    One of the most important facts to know in dispute resolution law is the local and mate-rial jurisdiction of courts with respect to the proceedings. Significant difficulties could arise if the petition is not brought before the right court, including cancellation of the judgement . As a result, a party should be aware of procedural rules and use them to his advantage, in particular if the dispute was decided by a body not authorised to do so.
  • Poland: How Lenient should a Leniency Programme be? A Second Chance for Recidivists

    Although the Office for Competition and Consumer Protection (OCCP) states that there shall be no mercy for competition law offenders, recidivists will be granted
  • Corporate Finance – Need for Modernised Bondholder Laws?

    The proposed future banking regulatory liquidity framework is widely regarded as favouring corporate bond issues as compared to corporate lending. The reasons for this are explained by Walter Gapp in his article in this roadmap.
  • Changes in the Promotion of Renewable Energy in Slovakia

    In December 2010, the Slovak Parliament adopted an Amendment to the Renewable Energy Sources (RES) Promotion Act.
  • Austrian Supreme Court Decides on the Term “Consumer”, also with Respect to Arbitration

    In recent decisions the Supreme Court has established an economic approach to the qualification of shareholders as consumers or entrepreneurs for the purposes of Section 1 of the Consumer Protection Act.
  • Bulgaria: Recent Merger Review

    Since the beginning of 2010 the Commission for Protection of Competition has issued 25 clearance decisions on notification and five decisions in which it im-posed penalties for non-notification and premature implementation of concen-trations. Some of the commission's decisions issued on notifications are sum-marised below.
  • Austria: Mergers and Demergers - Documents Equivalent to Prospectus

    In the event of a public offer of securities, in order for the securities to be offered legally to investors, a prospectus must be prepared, approved by the competent authority and published. However, Article 4 of the EU Prospectus Directive (2003/71/EC) contains certain exemptions from the obligation to publish a prospectus. For several recent mergers in Austria (1) questions have arisen as to whether they constituted public offers of shares in the transferee companies and, thus, whether prospectuses should have been published.
  • Ukraine: New Labour Code

    The Parliament of Ukraine plans to adopt the new Labour Code (the Code) at the next plenary session starting mid-December. The Code will replace the long-standing and quite outdated Soviet Labour Code of 1971, as well as a number of other legal acts and regulations which currently supplement the Labour Code of 1971.