28 Oct, 2016

Colić Law Office joins Gecić Law

It is our great pleasure to announce that Colić Law Office, a boutique law firm focusing on corporate / M&A and litigation, has joined Gecić Law.  A joining of two extraordinary teams with shared values and culture, with complimentary practice strengths will enable us to provide a new and broader set of services to our clients. Ognjen Colić, who will assume the position of the Head of Corporate practice at Gecić Law commented: „With this step, we have set out to create an empowering platform to provide even more custom-tailored and innovative solutions.  This will allow us to push the […]

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02 Sep, 2016

EU State Aid: Commission Goes After the Forbidden Fruit

“The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple [the biggest tax bill ever imposed outside the US]. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid [indirect subsidies].“1 Following an in-depth state aid investigation of the “sweetheart fiscal deal” between Ireland and Apple, the European Commission has concluded that Apple received illegal tax benefits from Ireland through a favorable tax arrangement selectively provided to this company for a number of consecutive years. […]

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19 Jan, 2016

Changes to the Agricultural Land Act

On 29 December 2015 Serbian Parliament amendments to the Agricultural Land Act (the “Act”) and with the changes effective as of 7 January 2016. The amendments primarily focus on introducing new ways in which to manage and dispose of state-owned agricultural land. The key changes are: revision of the conditions for exercising the right of first refusal, establishment of the right of priority lease of agricultural land, modifications regarding lease and use rights, use without reimbursement, and disposal of state-owned agricultural land. 1. The right of first refusal can be exercised as part of the specific procedure, which local self […]

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05 Oct, 2015

A Short Guide on Dawn Raids

This Short Guide provides guidance on how to ensure an effective response to an unannounced inspection (known as a “dawn raid”) of the Commission for Protection of Competition of the Republic of Serbia (further Competition Commission).  Topics covered include: What to do at the beginning of a dawn raid Managing an ongoing dawn raid What to do at the end of a dawn raid Do’s and Don’ts at each stage This Short Guide will consider the key practical points and legal issues to bear in mind when facing a dawn raid.  It should be used to assist your company in providing […]

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05 Oct, 2015

Serbian Antitrust Agency Pursues Potential “Gun Jumping” Case

On 4 September 2015, the Competition Commission, Serbian competition watchdog, closed an investigation against Agriser, a subsidiary of Ferrero Trading Lux S.A. and a member of Ferrero Group, owner of brands with global recognition including Nuttela, Kinder, Ferrero Rocher, etc.  This case may, as well, indicate an increasing interest of the Serbian antitrust authority in tackling concentrations in the form of asset deals subject to the privatization procedures.  In April this year Agriser purchased entire assets of Aleksa Šantić, a Serbian company active in the production of primary agriculture produces, within the framework of a public bid procedure governed by Privatization Agency of the […]

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