News
Montenegro: New Companies Act
The new Montenegrin Companies Act entered into force on 11 July 2020, introducing numerous novelties in the regulation of companies.
COVID-19
Corporate Law in State of Emergency in North Macedonia
On 25 March 2020, the Government of the Republic of North Macedonia passed a Decree for application of the Law on Trade Companies. The Decree is applicable as of 26 March 2020 and has a legal effect of law. It is mandatory for the management bodies of all private joint stock companies and limited liability companies.
Impact of COVID-19 on Holding General Shareholders Meetings
Due to the ongoing outbreak of coronavirus, companies should reconsider their arrangements for the general meetimgs of shareholders as they must comply with public health measures, including the ban on large gatherings, travel restrictions, unavailability of venues as well as with potential practical disruptions, such as communication disorders.
