KG Law Firm’s Co-Managing Partner Contributed to the Magazine of the American-Hellenic Chamber of Commerce

KG Law Firm, a member of the American-Hellenic Chamber of Commerce (AmCham), contributed an article in the March-April 2019 edition of Business Partners, the magazine of AmCham. The latest edition featured a special Thought Leader series on tax reforms, with a contribution by KG Law Firm’s co-managing partner and Chairman of the Legislative Reform Committee of the AmCham, John C. Kyriakides entitled "Tax Competitiveness – Different Approaches Across Europe".

New Health-related Legislation in Serbia

BDK Advokati's Associate Zorana Brujic provides an insight into the implications of the new  Health Protection Act in Serbia. The new Health Protection Act (Zakon o zdravstvenoj zaštiti "Official Gazette of RS", no. 25/2019) and Health Insurance Act (Zakon o zdravstvenom osiguranju "Official Gazette of RS", no. 25/2019) have come into force on 11 April 2019.

Cross-border ESPPs and ESOPs in Serbia – has anything really changed?

Serbian residents are generally allowed to acquire shares in foreign companies. However, the Serbian Capital Markets Act (CM Act) prohibits cross-border public offers of shares directed at Serbian residents. Public offer is defined as any notice providing sufficient information on the conditions of the offering and the securities being offered so to allow offerees to decide on the purchase of, or subscription to, the securities. Public offer of shares must be conducted in accordance with the procedure prescribed by the CM Act. This includes an obligation of a foreign offeror to register the prospectus with the SEC. Moreover, a foreign issuer cannot offer on the Serbian market securities denominated in foreign currency but may offer only Serbian dinar-denominated depository certificates relating to the foreign securities.

Greek Gaming Industry - Are we Closer to a New Era?

The amendment of Greek Law 4002/2011 aims to put an end to the temporary licensing regime (which is in place since 2012) and foresees the granting of permanent licenses of five years’ duration for a live casino, live poker and betting, in order to modernise the current legal framework. A random number generated casino games are still controversially omitted.

Have the financial regulators in the SEE region expressed any views in case of a hard Brexit?

In case of a hard Brexit (i.e. a No-Deal Brexit), the UK financial services providers will be treated in the same way in the local jurisdictions of Bulgaria, Croatia, Greece, Romania and Slovenia (EU Member States) as financial services providers from a third country (i.e. a non-EU Member State).Most of the local financial regulators have not made any statements in relation to the above.

Bogdan Ivanisevic and Marko Popovic in Copyright 2019 by Chambers

BDK Advokati has contributed a Serbia chapter to Chambers Global Practice Guide Copyright 2019, one of the Chambers and Partners Global Practice Guides. Each country chapter, including the chapter on Serbia, provides detailed answers to 71 questions concerning the categories of copyrightable works, authorship and copyright ownership, economic and moral rights, exceptions to copyright, neighbouring rights, and copyright infringement and litigation. The analysis was authored by Bogdan Ivanisevic, Partner, and Marko Popovic, Associate.

Romania – Top-scoring Investment Destination among its Peers

Romania is a growing economy with key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated workforce in a hospitable and resource-rich and geographically privileged location at the crossroads between Europe and Asia. To give investors a quick understanding of the local legislation impacting doing business in Romania, NNDKP lawyers and consultants prepared a digest covering legal and tax implications to be considered when entering or enhancing an already existing presence on the domestic market.

2018 Review of the Turkish M&A Market

Dr. Umut Kolcuoglu, Managing Partner at Kolcuoglu Demirkan Kocakli, provided an insight into the Turkish M&A market for 2018 in the Dunya Executive Magazine.    Please download the article here.

Adjudicating Moral Damages in Greece from an Economic Analysis of Law Perspective

KG Law Firm’s Senior Associate Charalampos (Harry) Karampelis, a regular contributor, and author of some of the leading industry publications, recently contributed to a book, published by Nomiki Vivliothiki, which focuses on the legal matter of the adjudication of moral damages in Greece.

The Joint Venture and the Insolvency of the Leader

In this article, NNDKP Partner Radu Damaschin discusses the concepts of joint venture and insolvency under Romanian Law.

The New Medical Devices Act in Serbia

BDK Attorney at Law Bisera Andrijasevic provides an overview of the implication of the new Medical Devices Act in Serbia. The new Medical Devices Act, which had entered into force already on 1 December 2017, became applicable on 1 December 2018. The adoption of this legislation marks the beginning of distinct legal treatment of medical devices, separate from the treatment of medicinal products which remain regulated by the old Medicines and Medical Devices Act.

The Academy of American and International Law - an Extraordinary 5-week Educational Program in the U.S.

The Academy of American and International Law is particularly valuable for lawyers outside the U.S. who work for multi-national corporations or for law firms that represent either U.S. clients or multi-national clients with U.S. interests. BOYANOV & Co. supports the Academy and since 1990 regularly sends participants. Mr. Borislav Boyanov, Managing Partner at BOYANOV & Co., has been the first Bulgarian participant at the Academy and since its attendance in 1990 is a Member of the Advisory Board of the Academy of American and International Law (formerly, the Southwestern Legal Foundation).