Maric & Co Law Firm Successfully Represented Former Employees of Aluminij d.d. Mostar in an Ethnic Discrimination Case

Ezmana Turkovic, partner at Maric & Co Law Firm, has represented former employees of Aluminij d.d. Mostar in an ethnic discrimination case against Aluminij d.d. Mostar and the Government of the Federation of B&H. Ezmana won the case, so the employees were entitled to total damage compensation in the amount of cca. BAM 1 million. One month after Aluminij d.d. Mostar has shut down operations due to debts, the case attracted again the public attention.

Polenak Law Firm Advises EBRD

Polenak Law Firm advised EBRD in a loan transaction of EUR 5 million to Aktiva, including transaction advice and security documentation.

Polenak Law Firm Advised Global Special Opportunities Ltd.

Polenak Law Firm advised Global Special Opportunities Ltd. (GSOL) in an acquisition of the assets of Feni Industries AD in the process of bankruptcy and reorganisation of this large ferronickel production plant. After a year of efforts to maintain the production and purchase creditor’s claims, and following investments of over EUR 80 million, GSOL’s reorganisation plan for Feni Industries was finally approved and GSOL, through its subsidiaries, acquired the assets of this production plant.

Invitation to Tender for the Purchase of Claims Held Against the Fori Group

With the transfer of assets in 2014 from Slovenian banks, the Slovenian Bank Assets Management Company (BAMC) became a creditor of the companies TT Okroglica d.d., Fori d.o.o., Fori Skupina d.o.o., Elvel d.o.o., Emo-Tech d.o.o. (the “Fori Group”). At this point, BAMC is considering disposing of its collateralized loan exposure in the companies in the total amount of EUR 18,1 million. The deadline for submission of indicative offers is 23 April 2019 and the deadline for submission of binding offers 26 June 2019.

Unior for Sale

Slovenian Sovereign Holding included Unior, d.d., a company specialized in production, transformation and processing of metal, in its de-investment plan for 2018, offering its 39.43% share for sale.