We have more than 30 years of experience in the fields of corporate and commercial law, mergers and acquisitions, investments, takeovers, securities law and corporate governance. We were involved in some of the biggest, most complex and demanding transactions in the Republic of Serbia and in Montenegro. In addition we have long term relations with renowned international corporations for which we provide a wide range of advisory services in various legal areas.
Our professionals have broad experience in providing legal services to airlines, maintenance and repair organizations, airport operators, lessors/lessees and other aviation entities. Members of our team are known among aviation clients for their excellent skills in negotiating, drafting and monitoring various contracts in aviation industry. We also provide services in advising on repossession of aircraft and engines, right of lien, warranty claims, instruments of outstanding debts collection.
We have significant experience in representing aviation clients in dispute resolution in very complex cases, in arbitration, mediation and litigation proceedings.
Banking and finance
Joksovic, Stojanovic & Partners (“JSP”) has significant experience in providing legal services to multinational companies, numerous local and regional companies and banks in banking and financing law. The JSP team specializes in banking and financing law under the legislation of the Republic of Serbia and Montenegro.
Major projects include assessment of regulatory issues under supervision of the National Bank of Serbia; foreign exchange transactions; subordinated loans; major NPL transactions both in Serbia and in Montenegro, acting on both the sell and buy sides, financing agreements, and debt restructuring.
JSP provides a broad range of legal assistance related to capital markets and securities issues, such as advising on optimization of the shareholders’ structure and registration of the stock capital in the Central Registry of Securities and with the Stock Exchange, mechanisms for protection from “hostile take over”, advising on public takeover bid related issues, capital increase procedures and other issues.
We advise clients on all aspects of competition law – anti-trust, horizontal and vertical agreements clearances, state aid etc. At the same time, we advise our clients in respect of obtaining of merger clearances in transactions both in Serbia and Montenegro, as well as in the “extra territorial” mergers and acquisitions, which are to be reported to the local Commission for the Protection of Competition based on prescribed thresholds.
Corporate and M&A
We are recognized for our corporate practice and our clients include renowned international and domestic corporations. We advise them on a broad range of corporate matters ranging from complex corporate restructuring procedures, setting up of business in Serbia and Montenegro to all types of corporate filings before competent registries. We also advise our clients on a day-to-day basis on various aspects of their business in Serbia and Montenegro, such as drafting and negotiating of commercial contracts, regulatory issues etc. Our clients appreciate our practical and responsive approach to all corporate law related issues.
JSP played an active and notable role in major transactions in both Serbia and Montenegro. We advised investors in mergers and acquisitions in the fields of mining and energy, automotive industry, telecommunications, software, construction, healthcare, insurance, animal nutrition and other industries. We are proud that we remained with all our clients in post transactional work, providing them with a wide range of legal services from various fields of law and resolving both major and day to day legal issues they encounter.
JSP has extensive experience in dispute resolution. We represent foreign and domestic clients before the courts in Serbia and Montenegro in complex litigation cases, which inter alia include commercial disputes, environmental disputes, bankruptcy and related litigation, disputes related to the infringement of intellectual property rights, administrative disputes, employment disputes and enforcement proceedings. We have also represented clients before ad hoc and institutional domestic and international arbitrations, in which we acted solely or in cooperation with foreign counsel.
Our partners were appointed as arbitrator in international arbitrations.
JSP is proud of its employment practice, which includes all aspects of the labor and social insurance law. JSP drafted standard Employment Contracts and Collective Agreements and other internal labor regulations and advised many of our clients on various labor issues. Also, we represented corporate clients before competent courts in labor law disputes initiated by their employees. We represented employers in collective bargaining negotiations, drafted extensive social programs which encompassed thousands of employees. On a day-to-day basis, JSP advises its clients on social insurance issues and International Social Insurance Treaties. We provide services in obtaining employment permits for foreign citizens.
Energy and Mining
We are proud that our clients include mining and cement companies in both Serbia and Montenegro, which we advised not only in the privatization / acquisition stage, but continue in providing legal services related to various matters such as obtaining registrations, licenses and approvals of the competent state authorities required for transmission of electric energy in the electro energetic system of the Republic of Serbia, performing of exploration and mining activities.
We advised our clients in the largest exploration and mining projects in Serbia, which are at the same time most notable projects of such nature in the world.
JSP was engaged as part of a multi expert consortium led by AT Kearney, where JSP provided key legal support in realization of strategic status changes of JP Elektroprivreda Srbije (“EPS”) – Serbian Electric Power Generating Company, and related work.
Foreign Direct Investments
We are recognized for our practice related to the foreign direct investments and we provide our clients full legal support, from establishing of companies and entering the Serbian market to obtaining state-granted incentives for qualified investment projects.
JSP played an active and notable role in major FDI transactions in Serbia. We advised investors in wide range of industries, including automotive, telecom, electronics, and other industries.
JSP offers advice on all IT related legal issues to both IT companies and users of IT solutions. This includes software licensing, custom software development agreements, outsourcing, escrows, technical specifications, acceptance criteria, the legal aspects of the choice of technology, software and hardware maintenance agreements, maintenance of the mission critical systems, implementation agreements, technological partnerships including system integration, e-commerce and electronic signatures, e-services, e-banking, e-government, digital intellectual property rights management, IT consulting agreements, IT training agreements, service level agreements (SLA), ISP liabilities, hosting, domain name dispute resolution, accessibility for disabled, protection of digital personal information, electronic money, virtual currencies, blockchain, electronic gaming and gambling, IT security, etc.
We provide wide range of legal services to the insurance sector, including insurance and reinsurance companies, policyholders and insurance brokers.
Our experts gained broad experience in insurance industry, including international experience, which enables them to understand fully the position of our clients and to provide adequate advice and legal services in order to secure their best interests.
We handle various types of complex insurance claims, insurance disputes and litigation. We also represent our clients in multi-jurisdictional disputes.
JSP is advising clients on all aspects of intellectual property – trademarks, patents, design, copyrights and related rights. We provide legal services in all stages of protection of intellectual property rights – registration, payment of the annuities, communication with the Bureau for Intellectual Property Rights, renewals and change of the registered data. Additionally, we advise our clients on intellectual property issues in the context of commercial contracts, license agreements etc., and also represent clients in IP related litigation procedures.
JSP advises clients with respect to all matters related to public procurement issues – verification of tender documentation, correspondence with tender commissions, drafting of legal remedies before the Commission for Protection of Tenderers’ Rights etc. We cover the jurisdictions of Serbia, Montenegro and Bosnia & Herzegovina when public procurement issues are in question.
Real Estate and Infrastructure
Real Estate practice of JSP has been growing over the years due to the increase of investments in this field in Serbia and Montenegro. Our practice in this area includes providing advice about the legal status of real estate, structuring of the transaction, project finance, realization of the project. We have been included in large infrastructure projects in Serbia, Montenegro and Bosnia & Herzegovina where we advised clients in preparation of tender procedures, negotiations regarding FIDIC agreements and representation of clients before dispute adjudication board (DAB) formed under FIDIC contracts, and also international arbitrations. We advise our clients on construction of production plant facilities and warehouses, as well as long term lease agreements and other real estate matters. JSP was included in several public private infrastructure projects in Serbia, such as development of the cargo hub center at the Belgrade airport, development of the Light Railway System in Belgrade, in which JSP acted with renowned global law firms and financial and technical advisers. Currently we provide legal advice in two major infrastructure projects: to the Government of Montenegro regarding the realization of the largest infrastructure project – construction of the highway connecting Montenegro with Serbia; and in Serbia we advise IDC – the company constructing the Serbian section of the Turkish Stream gas pipeline.