Polenak Law Firm Advised EBRD in a EUR 20 million Loan to Sparkasse Bank Makedonija

Tatjana Shishkovska, partner and Ana Petrovska-Belopeta, associate at Polenak Law Firm, advised European Bank for Reconstruction and Development (EBRD) in a EUR 20 million loan to Sparkasse Bank Makedonija.


#newliquidity – Additional Slovenian State Guarantee Scheme

On 13 May 2020, the Government of the Republic of Slovenia issued a decree on implementation of the guarantees under the Law on ensuring additional liquidity to the economy for mitigation of the consequences of the COVID-19 epidemic.

Overview of the Coronavirus Support Initiative & Impact on the Energy and Infrastructure Sectors in SEE

The SEE Legal Energy-Infrastructure Practice Group published an Overview of the Coronavirus Support Initiative and its Impact on the Energy and Infrastructure Sectors in Southeast Europe.

Powerful Business Response to Global Health Challenge

Humanity needs from each of us unprecedented contributions to support and enhance healthcare systems’ response to the coronavirus threat.

Public Call for Loan Applications

The Development Bank of the Republic of North Macedonia announced its second public call for providing interest-free loans to local companies.

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.

The Constitutional Court of Bosnia and Herzegovina: the Right to Freedom of Movement is Violated during the COVID-19 Outbreak

The Constitutional Court concluded on 22 April 2020 that Orders prohibiting movement of persons under age 18 and over age 65 during the COVID-19 outbreak on the territory of the Federation of Bosnia and Herzegovina violate the right to freedom of movement.

How to Respond to COVID-19: Guidance to Employers

Considering the uncertainty that associates COVID-19, employers may want to consider all the options that might allow them cutting the employees’ related costs and retaining the quality and experienced staff.

Bankruptcy and Enforcement Procedures during COVID-19 Crisis

The Government of the Republic of North Macedonia adopted measures for postponement of enforcement procedures and bankruptcy procedures.

Omnibus Law: Limitations on Dividend Distribution

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