Serbia: Yet another brush-up of the legislation on enforcement proceedings

The Amendments to the Enforcement Act (“Official Gazette of RS”, No. 54/2019) came into force on 3 August 2019 (“Amendments“) but will, all but one, become applicable only on 1 January 2020.

The Baylor Black Sea Foundation will be able to Continue the National Medicine Donation Program

In 2017, the Baylor Black Sea Foundation, represented by NNDKP, facing the refusal of the Romanian fiscal bodies to authorise the import with the exemption from the payment of the value added tax and of the related custom duties applicable to the medicines necessary for the treatment of several serious conditions, took the issue to court in order to resolve this administrative-fiscal conflict that was jeopardising the future of the entire donation program of the Foundation. The Constanța Court of Appeals recently confirmed the correct decision of the Court, annulling the decisions of the fiscal bodies refusing the import of medicines with the exemption from the payment of the value added tax, after the decision of the first level court had been previously reversed by the Court, pursuant to a final decision, whereby it had dismissed the complaint filed by the Foundation, who had challenged the refusal of the fiscal authorities to authorise the import of medicines under a regime allowing the exemption from the payment of custom duties.

Private Antitrust Litigation in Romania

Georgeta Dinu, partner and head of NNDKP’s Competition, State Aid and EU Law practices and Alexandru Sotropa, associate in the same practice have contributed to the Q&A Guide on Private Antitrust Litigation in Romania, published by Thomson Reuters – Practical Law. The Q&A provides a high-level overview of the legal basis for bringing private antitrust litigation actions; parties to an action; limitation periods and forum; standard of proof and liability; costs and timing; pre-trial applications and hearings; alternative dispute resolution; settlement or discontinuance of an action; proceedings at trial; available defences; available remedies; appeals and proposed legislative reform.

Maric & Co Law Firm: Establishing Court Practice

Branko Maric, senior partner at Maric & Co Law Firm, has represented Intesa Sanpaolo Bank d.d. Bosnia and Herzegovina in a court dispute against the Agency for Privatisation of Sarajevo Canton and the Sarajevo Canton, due to a refund of the purchase price for cancelled privatisation process. It was not a challenge to convince the court on the Agency’s obligation to repay the purchase price, however, that would not be of great value for the client because the Agency did not have its own resources to settle the claim.

A Successful Appeal by Maric & Co Law Firm

Ezmana Turkovic, Partner, and Branko Maric, Senior Partner at Maric & Co Law Firm have successfully represented one of the biggest local microcredit foundation in a tax matter before the appellate court. Based on their appeal, the appellate court has reversed the decision of the lower court and annulled the tax authority’s decision to impose additional tax obligations to the client with penal interest. This decision of the appellate court is important because it establishes the court's practice with regards to the taxation of microcredit foundations in Bosnia and Herzegovina's jurisdiction. Moreover, such decisions (where the appellate court decides to reverse a case and provide the final directive on solving the matter) are very rare and of a great value from the procedural point of view.

KDK’s Arbitration Partner Okan Demirkan at the First ISTAC’s Energy Disputes Conference

KDK Law Firm's Arbitration Partner Okan Demirkan will be a moderator at the third panel on Energy Transit Related Issues in the first “Energy Disputes Conference”, organised by the Istanbul Arbitration Centre’s (ISTAC) Energy Commission - co-hosted by KDK and Boden Law.  The conference will take place on 23 May 2019 at TOBB Plaza in Istanbul

The SEE Legal Member Firms Top-ranked Individually by The Legal 500 EMEA, 2019 Edition

All 10 SEE Legal member firms are highly ranked individually in the 2019 edition of The Legal 500 EMEA. In total 44 Tier 1 ratings were received by the ten members of the Group, including some of the most key areas of law such as Banking & Finance, Commercial, Corporate and M&A, Dispute Resolution, Employment, EU and Competition, Projects, Real Estate and Construction. A total of 16 partners from five SEE Legal member firms were recognised in The Legal 500 Hall of Fame. In addition, 19 SEE Legal Next Generation Lawyers were outlined in the 2019 edition of The Legal 500.

NNDKP Announces the Official Formation of the Center for Excellency in Fiscal Disputes (NNDKP CELF)

Nestor Nestor Diculescu Kingston Petersen announces the official formation of the “Center for Excellency in Fiscal Disputes” (in Romanian NNDKP CELF), an NNDKP initiative that is the reflection of the intensive professional and scientific collaboration of over 10 years between the company’s dispute resolution and tax advisory teams.

KDK’s Partner Okan Demirkan was a Commentator at the Istanbul Arbitration Centre

Sharing his years of experience, Kolcuoglu Demirkan Kocakli's Arbitration team leader Okan Demirkan was invited to comment on presentations at the Istanbul Arbitration Centre (ISTAC)/ Marmara University Arbitration School. Okan commented on both academics and practising lawyers. The topic of this session, the fifth in a series, was “Execution of Arbitration Agreements by Proxy”. Kolcuoglu Demirkan Kocakli continuously contributes at events to educate, share and bring real world experience into the classroom.

KALO & ASSOCIATES Successfully Defended Republic of Albania

KALO & ASSOCIATES, co-counsel with Freshfields Bruckhaus Deringer, is delighted to announce the successful arbitral award, rendered by ICSID, dismissing the case brought by Anglo-Adriatic Investment Fund against the Republic of Albania, claiming about EUR 220 million for foreign investment expropriation. The case details are available here.

The SEE Legal Member Firms Top-ranked Individually and as a Group by Chambers Global 2019

All 10 SEE Legal member firms keep their high rankings in the 2019 edition of Chambers Global. As a Group, SEE Legal continues to be top-ranked as a Leading Regional Law Firm Network in Central & Eastern Europe by Chambers Global 2019. For the past 16 years, SEE Legal has continued to develop into a highly-integrated regional legal service provider dominating the region of Southeast Europe. A client noted that the Group is "one of the biggest and longest-standing networks in the region," while Chambers Global concluded that SEE Legal operates as a standalone provider to businesses seeking comprehensive coverage of Eastern Europe.

KDK’s Partner Okan Demirkan Spoke at ISTAC’s M&A Disputes Conference

Okan Demirkan spoke at ISTAC’s M&A Disputes Conference, along with Dr. Michele Patocchi (Patocchi & Marzolini), Ed Poulton (Baker McKenzie) and Prof. Ercument Erdem. While sharing his experience in M&A related arbitrations, Okan emphasized the need to update Turkey’s International Arbitration Law, particularly its interim measures related provisions. In addition to his arbitration expertise, Okan also represents clients in litigation proceedings in Turkey, including commercial, administrative and employment lawsuits as well as criminal lawsuits related to white-collar crimes, and…