Karanovic & Partners

Yesterday, the ICC Court of Arbitration and ICC Serbia, Karanović & Partners, and Pinsent Masons hosted the third ICC Belgrade Infrastructure and Dispute Resolution Conference. The event gathered around 130 participants, leading professionals and legal experts to discuss key issues in infrastructure contracting, FIDIC contracts, and the integration of ESG principles in international arbitration. The conference opened with remarks from our Senior Partner Milan Lazic and Nevena Rakić, from the Serbian Chamber of Commerce, followed by a keynote speech from Renato Nazzini, professor at King’s College in London. Three engaging panels included Duško Krsmanović, from UK Export Finance, Vojin Zajić from STRABAG, Dino Simonoski Bukovski from Akuo Energy, our Partner Maja Jovancevic Setka, Matej Kosalko, Senior Associate at A&O Shearman, Daniel Miles from J.S. Held, Luminita Popa, Partner at Popa Legal, Ziva Filipic from ICC International Court of Arbitration, Marily Paralika, Partner at Fieldfisher, and Maja Stanivuković from the Faculty of Law, University of Novi Sad. The moderators were Charles Blamire-Brown, Partner at Pinsent Masons, along with our Partners Ana Luković and Milica Savic. A heartfelt thank you to all the participants and our partners, ICC Arbitration, ICC Serbia, and Pinsent Masons, for their support. We are excited to continue improving the industry together. Read more about the discussions in our news in the comments.   #ICC #Infrastructure #DisputeResolution #ESG #FIDIC #KaranovicAndPartners #PinsentMasons #ConstructionLaw #InternationalArbitration #LegalInsights #ProjectFinance

We advised a syndicate of Joint Lead Managers, including Bank of America, Deutsche Bank, Erste Group, Merrill Lynch International, MUFG Securities, Raiffeisen Bank International, and UniCredit, on the legal framework governing corporate derivative transactions in Serbia including ISDA Master Agreements with Telekom Srbija to support hedging programme for its inaugural bond issuance. Our team was led by Partner Katarina Guduric and Senior Associate Marija Vicic Simic. Read more below. #Bond #ISDA #Hedging #TelekomSrbija #FinancialMarkets

Our colleagues from Ilej & Partners, in cooperation with Karanović & Partners, Iva Tokić Čuljak and Boris Dvoršćak held a lively discussion on the new rules for dealing with state officials imposed by the Croatian Lobbying Act. The event was held in Zagreb and gathered in-house legal counsels, executives, and compliance professionals, who discussed numerous practical questions and the new rules' ambiguities. #Croatia #LobbyingAct

📣 Last Call! Join us tomorrow at the ICC Belgrade Infrastructure and Dispute Resolution Conference! Don’t miss your chance to engage with industry leaders as we discuss critical topics such as infrastructure contracting, FIDIC contracts, and the role of ESG in arbitration. Secure your spot now and register via the link in the comments. We look forward to seeing you there! ICC Arbitration ICC Serbia #ICCConference #Infrastructure #DisputeResolution #ICCBelgrade

PPF Group has successfully sold a 50% plus one share in its telecom assets in Bulgaria, Hungary, Serbia, and Slovakia to Emirates Telecommunication Group Company (e&), establishing the e& PPF Telecom Group. This transaction, valued at EUR 2.15 billion, strengthens telecom capabilities in Central and Eastern Europe (CEE). Our team, led by Senior Partner Milos Jakovljevic and supported by Senior Associate Sava Drača, Associate Ljubica Stojanovic, Junior Associate Teodora Vasin, and Partner Bojan Vuckovic, provided legal guidance in the Serbian aspects of the transaction. #KaranovicPartners #TelecomTransaction #CEE #PPFGroup #EmiratesTelecom

Yesterday, EY and Karanović & Partners hosted a “Bond Financing – Benefits and Challenges from Financial and Legal Perspectives” conference at the Hyatt Regency Belgrade, focusing on corporate bond issuance and the support program backed by the Serbian Ministry of Finance. The event featured Ognjen Popovic, Assistant Minister in the Financial System Department, who introduced a support program aimed at stimulating Serbia’s capital market. Our Partners Ivan Nonkovic and Katarina Guduric presented the regulatory framework in Serbia and the key steps involved in the bond issuance process, as well as the different obligations of the issuers upon successfully completing the issuance process. Maja Sahbaz Marojevic, MRICS and Branislav Bandić, CFA led discussions on procedural requirements, while Mikio Suzuki ACCA and Danko Kalkan covered ESG bonds and their importance for social responsibility. We thank all speakers for their contributions, especially the Ministry's representative, whose role is vital in this initiative. Together, we are optimistic that these efforts will contribute to the growth and success of Serbia’s corporate bond landscape. Check the comments and read the full article for key insights from the sessions. #BondFinancing #EY #KaranovicPartners #Finance #Legal #ESGBonds #Serbia

📢 New Guidelines for Albania Residence Permits Albania's Joint Instruction No. 196/2024 streamlines foreign nationals' residence and unique permit processes. Key updates include: ·      Simplified application steps via the e-Albania portal ·      Clarified criminal record requirements ·      Flexible approach to late submissions These changes aim to improve inter-agency coordination, making the application process more transparent and accessible. Read our article for a full overview of these updates. #Albania #ResidencePermits #ImmigrationLaw #eAlbania #LegalUpdate

Submit your application by clicking the link in the comments below. ICC Arbitration ICC Serbia Pinsent Masons #arbitration #disputeresolution #conference

📢 New Law on Waiver of Interest for Outstanding Tax Obligations in Montenegro: Effective 1 January 2025, Montenegro’s newly adopted law allows one to waive unpaid interest on tax obligations before 31 December 2024. Tax debtors can qualify by submitting necessary declarations by year-end and settling principal debt within 60 days of implementation. Local authorities may also establish similar waivers for local obligations. 👉 Read the full article for detailed guidance and next steps. #MontenegroTaxLaw #InterestWaiver #TaxObligations #RegulatoryUpdate #FiscalPolicy 

Get a glimpse into the topics awaiting at the ICC Belgrade Conference. From ESG principles in arbitration to effective FIDIC contract administration, we’ll cover the latest insights in infrastructure and dispute resolution. Until we reveal the full agenda in a few days, you can secure your spot today—register via the link in the comments. ICC Arbitration ICC Serbia #LegalUpdates #Infrastructure #ICCConference #ICCBelgrade