22 Jun, 2018

GDPR in Serbia (and Other Non-EU Countries) – A Foreign Investors’ Perspective

General Data Protection Regulation (GDPR) is currently a global hot topic – and for a good reason. It practically revamps the legal framework concerning Data Protection rules, introduces a whole set of new obligations while imposing massive fines for non-compliance.  While the GDPR came into the force recently, it is no surprise that many are worried how it will affect their organizations as the legislation, under certain conditions, is to be applied worldwide —both inside and outside of the EU. Given that compliance with the GDPR will be no mean feat, requiring vast amount of time and resources, no matter how […]

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No Antitrust Liability for National Bar Association (AKS) as Commission Closes Case

Gecić Law successfully represented the Bar Association of Serbia in a positive resolution of a landmark antitrust probe in Serbia (link).  On May 24, 2018, the Serbian Commission for Protection of Competition, the national competition authority (“Commission”) dropped a four-year antitrust investigation into the Bar Association of Serbia – Advokatska komora Srbije (“AKS”), without taking any further action (link).  The Commission’s decision puts to rest one of the longest standing investigations in recent history against AKS, a more than 9000-lawyer strong organization and one of the largest bar associations in the Balkans. In 2014, the Commission opened a probe against […]

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30 Apr, 2018

Excitement at the TerraLex Global Meeting 2018

What exciting few days at the Terralex’s Global meeting in Barcelona, Spain!  We are happy to report that Gecić Law was part of this premier and unforgettable event of leading legal professionals from around the globe organized by TerraLex, the world’s leading international legal network.  Adding to the excitement was the fact that TerraLex was recently awarded Global Network of the Year at The Lawyer’s annual European Awards in recognition of its member’s commitment to innovation and collaboration (Gecić Law was also shortlisted). Coordinated with the gracious host, impressive Spanish firm of Roca Junyent, the event took place over four […]

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27 Apr, 2018

Market Disruptor – Youngest Law Firm Continues Tier 1 Ranking

GECIĆ LAW RECOGNIZED AGAIN AS TOP TIER LAW FIRM BY LEGAL 500 We are proud to announce that Legal 500, the prestigious UK-based guide to the world’s best law firms, has ranked Gecić Law for the second consecutive year as a Top Tier firm in Serbia in its EMEA guide for 2018. The firm’s practice in the field of Competition Law has been ranked as Tier 1, while the Commercial, Corporate and M&A practice maintained an enviable Tier 2 amongst fierce competition of traditional market incumbents.  Furthermore, for the first time this year, our dynamic Banking & Finance practice was […]

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Historic Ruling: Biggest Fine in Serbian Competition Law Annulled

A testament to human rights safeguards or show of a deeply flawed system? Summary Gecić Law successfully assisted EPS Distribution, the leading regional distribution operator, in obtaining a landmark judgement from the Administrative Court that annulled the RSD 330 million fine (cca. EUR 3 million) previously levied against this company by the Serbian watchdog.  The court confirmed that the record fine was imposed in violation of the basic principles of national and EU competition law, as well as ECHR guaranteed human rights.  After a long and tumultuous battle, which took years and a total of three judgements, EPS Distribution finally […]

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30 Jan, 2018

Spotlight on IT Companies Part II – Alterations of the Software

In our previous piece (link), we discussed the relationship between IT companies and developers in the field of material copyrights over computer programs (“software”) in context of commercial usage of software by IT companies. However, the relationship between IT companies and developers in the field of copyrights might be of particular importance when it comes to amendments, adaptations, adjustments and other changes to the software as a copyrighted work. Namely, IT companies often modify, customize, upgrade and/or update software developed by their employed developers and/or external developers, or deliver the subject software to their clients for further modifications, customizations, adaptations, adjustments and […]

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24 Jan, 2018

Gecić Law Contributes to the first ever Serbia chapter of the Transnational Litigation Guide

We are excited to announce that Gecić Law, contributed to the first-ever Serbia chapter of the Transnational Litigation Guide, December 2017 update.  Published by Thomson Reuters, the most recent guide offers comprehensive overview and detailed analysis of litigation procedure as well as insight into the tactical, substantive and procedural issues of Serbian litigation system along with more than 27 other major legal systems. Authored by Ognjen Colić and Jovan Rajković, senior counsels at Gecić Law, the Serbian chapter includes detailed information and insights into Serbian litigation rules and covers topics such as: structure of courts, obtaining jurisdiction and choice of forum, […]

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18 Jan, 2018

Spotlight on IT Companies – Have You Settled Your Rights and Obligations with Your Developers?

Over the past decade, Serbia witnessed an unprecedented growth of its IT/ICT market, becoming one of the most attractive outsourcing and R&D destinations in Eastern Europe (link).  Key players such as Microsoft, Adobe, Oracle, Google, HP, SAP, IBM, Siemens, Intel, Cisco, NCR Corporation, Telenor, Erickson, Endava and others grabbed this opportunity, either by establishing development centers in Serbia or outsourcing services to local IT companies (link).  This resulted in two prevailing models – providing services through employed programmers/system architects/etc. (“developer/s”), or by engaging external developers (primarily registered entrepreneurs), a rather novel development.  Because software may, as an original intellectual creation, […]

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12 Dec, 2017

It’s Here! Gecić Law Extends Global Footprint With TerraLex Elite Network

Following almost 12 months of meticulous research, grueling screening processes, and a series of elaborate meetings and interviews, Gecić Law is excited to announce it became the exclusive Serbian partner of TerraLex, the world’s leading international legal network and member of The Elite (Band 1) in the Chambers & Partners leading law firm networks global-wide rankings.  We are extremely grateful that TerraLex recognized our quality, reputation, international experience and dedication to excellence in the practice of law. This extensive network spans over 100 countries worldwide and provides full-service assistance to clients through its 17 practice groups.  As part of the TerraLex […]

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04 Dec, 2017

3rd Chillin’ Competition Conference in Brussels – A Big League Success

Another year, another Chillin’Competition Conference Imagine for a second a conference where a bunch of “suits”, seasoned scholars and world-recognized experts & regulators spend an entire day laughing, exchanging quips & smug comments and trading Ryan Gosling and SpongeBob SquarePants inspired meme mugs.  Well that’s exactly what happened when over 350 scholars and practitioners of law & economics came together on October 25, 2017 at the Area 42, the “MOST WOW!” venue in Brussels.  Alfonso Lamadrid de Pablo and Pablo Ibañez Colomo, the driving force behind Chillin’Competition blog, world’s favorite source for the latest and greatest in competition law, have once again […]

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