Indemnification According to the Serbian Public Information and Media Act Extremely Low

Indemnification According to the Serbian Public Information and Media Act Extremely Low

The current Serbian Public Information and Media Act (the “Act”) prescribes the right to indemnification of both material and non-material damages in cases which include publishing of information which is false, and/or offends a person’s honor or reputation, and/or violates a person’s right to privacy by publishing personal information without prior consent, and/or violates the presumption of innocence, etc.

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New Prohibited Advertisement Act of Montenegro

New Prohibited Advertisement Act of Montenegro

In the course of harmonization of Montenegrin laws with the EU law the Parliament of Montenegro passed the new Prohibited Advertisement Act (Zakon o nedozvoljenom oglašavanju, Official Gazette of Montenegro no. 30/2017, the “Act”) on 27 April 2017. The Act came into force on 17 May 2017.

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Dunja Tasić joins SOG as new Senior Associate

Dunja Tasić joins SOG as new Senior Associate

SOG is proud to welcome Dunja Tasić as new Senior Associate

Dunja has substantial experience practicing law in Serbia and in the SEE region and her main practice areas are litigation, corporate law, competition law, personal data protection, media law and intellectual property law.

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Legal Protection of Company’s Business Reputation in Serbia

Legal Protection of Company’s Business Reputation in Serbia

It is undisputable that the right to reputation and honour is a basic human right known to virtually every legal system and that its violation causes a non-material damage to a person. Serbian Contracts and Torts Act explicitly prescribes the right to a monetary compensation of a non-material damage caused by a violation of the right to reputation and honour.

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Novelties from the New Serbian General Administrative Procedure Act – Administrative Agreements

Novelties from the New Serbian General Administrative Procedure Act – Administrative Agreements

One of the significant novelties introduced by the new Serbian Administrative Procedure Act (hereinafter: the “Act”), which will commence with application as of 1 June 2017, is the possibility to enter into administrative agreements, another legal institute which is meant to introduce more expedience and flexibility in the administrative procedure in Serbia.

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Banking Market in Serbia – Outlook for 2017

Banking Market in Serbia – Outlook for 2017

Acquisitions of international banks by local buyers since the beginning of 2017 is a good sign for Serbian banking market. Although a small step in terms of market share, these activities are a long-awaited sign of the inevitable consolidation of Serbia’s banking sector.

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Serbian Commercial Appellate Court: Change of a Party in Enforcement Proceedings on the basis of Voluntary Claim Assignment is Not Allowed

Serbian Commercial Appellate Court: Change of a Party in Enforcement Proceedings on the basis of Voluntary Claim Assignment is Not Allowed

According to the Decision of the Commercial Appellate Court of the Republic of Serbia (the “Court”), voluntary assignment of claims in enforcement proceedings is not possible. Interpretation of Article 48 of the Enforcement and Security Act (the “Act”) provides for assignment of the claim subject to enforceable or directly enforceable title based on the law, but not based on a contract.

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