News & Publications

“Can (’t) poach this” – a new turning point between competition & employment law?

If you open the eighth edition of the Oxford Dictionary of Law and turn to page 461, poaching is defined as “taking game without permission from private land or from land on which the killing of game is restricted. Wild animals cannot usually be stolen […]”.  Although the current degree of development of human rights and basic human decency forbid referring to employees as “wild animals” (at least publicly), and killing is certainly considered a criminal offence, in the corporate world of today to poach someone means to hire an employee from another, often competing, undertaking.

A Step in the Right Direction – Foreign Exchange Operations Act Amendments

The National Assembly of the Republic of Serbia has adopted amendments and modifications to the Foreign Exchange Operations Act,[1] (“Act”) which entered into force, for the most part, on 28 April 2018.[2]  These amendments, amongst other things, intend to ease business dealings for domestic IT companies, reduce restrictions pertaining to credit dealings with foreign countries (which is particularly important to multinational companies), expand possibilities for investing in foreign securities and amplify the supervising role of the National Bank of Serbia (“NBS”).

It’s a Deal: a new Directive for Stronger Competition Authorities in the EU

On 30 May 2018, the European Commission (“Commission”) announced that the European Parliament and the Council have reached an agreement concerning a proposed new Directive, in order to further build on the Regulation 1/2003 and enable the competition authorities (“NCAs”) of EU Member States to enforce EU antitrust rules more effectively.

Free Internet – free copyrights?

In the second decade of the 21st century, the Internet network (the “Net”) became easily accessible to almost everyone, as well as the most important source of information. This is because, in addition to the availability of reviews and information collection, the Net has become easily accessible to create and upload different information and content by anyone.

Case Closed: Energy Community Drops Dispute Against EPS and Republic of Serbia Over Kolubara B Project

Gecić Law has successfully advised the Republic of Serbia and EPS, one of the largest energy companies in the region, in a probe led by Energy Community Secretariat regarding alleged State support for the multi-million-euro Kolubara B project.

Nikola Aksić

Partner

Nikola Aksić is a founding partner at Gecić Law in Belgrade.  His practice focuses on Banking & Finance, Restructuring & Insolvency and Energy, Infrastructure and PPP.

He has more than ten years of experience practicing in Serbia and the region.  He acted for some of the largest multinational clients in notable transactions in Serbia and across the region.  Nikola advises on financing and corporate transactions of all types, including local and cross-border acquisitions, foreign exchange transactions, structuring and financing of infrastructure projects.  Recent transactions have included PPP motorway project, structuring and financing of a local pipeline project for transporting of natural gas  as well as advising and representing clients in matters relating to non-performing loans, compliance analysis of local banks, project finance, take-overs, derivatives trading and ISDA master agreements.

Nikola earned his law degree from the University of Belgrade, Faculty of Law (LLM, 2003) with specialization in EU law.  He is a member of the Belgrade Bar Association, Serbia. Nikola speaks fluent English, Bosnian, Croatian, Montenegrin and Serbian.

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