Montenegrin Government Adopts Measures to Support the Economy amidst the Coronavirus Epidemic

The Government of Montenegro adopted two sets of measures in order to mitigate the adverse effects of the COVID-19 epidemic on the economy, as well as on the most vulnerable categories of citizens.

Update on COVID-19-related Fiscal Incentives and Direct Financial Aid to Corporate Sector in Serbia

Commercial entities qualify for the fiscal incentives and direct financial aid if they have not reduced their employee headcount in the period from 15 March 2020 until 10 April 2020 for more than 10%

Corporate Governance and Registration with the Romanian Trade Registry during COVID-19 – Emergency Kit Required

As of 16 March 2020, the day when the state of emergency was declared in Romania, the Government has adopted an impressive number of pieces of legislation aimed at preventing and limiting the spread of the new coronavirus, on one hand, and at reducing the negative impact on the economy of the implemented solutions, on the other hand. To be specific, about 75 acts (primary and secondary legislation) were adopted in the course of approximately one month.

Omnibus Law: Limitations on Dividend Distribution

The Omnibus Law, through amendments to the Turkish Commercial Code, introduces certain limitations on capital companies’ dividend distributions.

Romania: Comments on the Envisaged Measures regarding Companies Corporate Governance

On 14 April 2020, the Romanian Ministry of Justice published a new draft emergency government ordinance on certain measures regarding the holding of general meetings of shareholders and meetings of the management bodies

Serbian Government Unveils the Details of COVID-19-related Fiscal and Direct Financial Aid to Corporate Sector

Serbian Government unveils the details of COVID-19-related fiscal and direct financial aid to the corporate sector. BDK Advokati’s partner Tijana Kojovic and attorney at law Jelena Malesevic provide the details.

Omnibus Bill: Amendments to Turkish Commercial Code and Labour Law

In its efforts to combat the COVID-19 pandemic and to implement required precautions, the Turkish government has prepared the Draft Law on Amendments to Certain Laws (the "Omnibus Bill")

New Decree Setting Aside the Latest Restrictive Measures on Corporate Law in North Macedonia

Polenak Law Firm’s partner Tatjana Shishkovska provides insight on the latest corporate law changes in North Macedonia, commenting that: "It seems that we are back in business as usual, at least as far as Corporate law is concerned."

Mega COVID-19 Law Adopted by Slovenian Parliament

On 2 April 2020 the Slovenian Parliament adopted the Act on Intervention Measures for Suppression of COVID-19 Epidemic and Mitigation of its Consequences for Citizens and the Economy .