Piercing the corporate veil

Date: Friday, December 16, 2016
Category: 2016
business-baordroom

Introduction of private capital in the economy has opened the door to many possible abuses of companies in favor of the founder i.e. owner of the same, and therefore, emerged a need to create a defense mechanism. One of the possible solutions is to consider a piercing the corporate veil (Lifting the corporate veil) in the Company Law which parallel legislation already introduced into their legislation. Founders are usually opting to establish corporations, because that form distance the founder from […]

FOOD LAW – Origin and Processed Food Products in the EU

Date: Thursday, November 17, 2016
Category: 2016
Food Law

As part of the annual Congress of Union Internationale des Avocats (UIA), which was held at the end of October in Budapest, there was a joint session of two commissions, UIA Commission for Food Law and EU Commission. The theme was the Origin and Processed Food Products. On behalf of the LAW FIRM SAJIC the session was attended by Aleksandar Sajic. Loss of trust in the EU leads several member states to put in place legislation making origin labeling of […]

Privacy and Data Protection in a Digital World

Date: Thursday, November 17, 2016
Category: 2016
Businessman selecting a futuristic padlock with a data center on

One of the two main topics of the annual Congress of Union Internationale des Avocats (UIA), which was held in late October in Budapest, was a “Privacy and Data Protection in a Digital World”. The session, in general, was devoted to the issue of government surveillance of citizens for criminal profiling purposes (public aspect) as well as the corporate use of the personal data of clients/users for commercial profiling purposes (private aspect). These issues are certainly common to many countries […]

OWNERSHIP RELATIONS IN THE REPUBLIC OF SRPSKA AND THEIR TRANSFORMATION AFTER THE COLLAPSE OF YUGOSLAVIA

Date: Tuesday, November 15, 2016
Category: 2016
home-ownership

Ownership relations in the Republic of Srpska and Bosnia and Herzegovina experienced its transformation after the breakup of Yugoslavia and transition to a socio-economic system based on private property and free market economy.  In this article we will try to briefly describe the development path of the legal system pertaining to the property rights, from the period of former Yugoslavia until today, whose main characteristic is distinguishing state and social ownership, on the one hand and private ownership, on the […]

INVESTMENT FUNDS – A brief analysis of the Law on Amendments to the Law on Investment Funds

Date: Tuesday, September 20, 2016
Category: 2016
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By signing the Stabilization and Association Agreement with the European Union, Bosnia and Herzegovina has assumed the obligation to harmonize its legislation with legislation of the European Union. Thus, with the amendments to the Law on Investment Funds (LIF) it was necessary to align certain provisions of the directives governing the establishment and operation of companies for management and investment funds. Last year, the National Assembly of the Republic of Srpska approved the draft amendments to the Law on Investment […]

Electronic access to the Database of Registered Motor Vehicles

Date: Saturday, September 10, 2016
Category: 2016
registracija-vozila-beograd-05

Acting in accordance with the provisions of the new Law on mandatory traffic insurance (“RS Official Gazette” No. 82/15), the Insurance Agency of the Republic of Srpska adopted the Rule book on the content, method of collecting, managing and accessing the data from the Registry of the Information Center of the Insurance Agency of the Republic of Srpska (“Official Gazette” no. 61/16).  The main objective of the establishment of the Information Center is more efficient and faster processing of claims for damages resulting from […]

Rule book on the persons on important position in insurance companies

Date: Monday, September 5, 2016
Category: 2016
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Considering the earlier adopted Law on mandatory traffic insurance (“Official Gazette of the Republic of Srpska” no. 82/15) where the same envisages the establishment of the Information Center within the Insurance Agency of the Republic of Srpska, the “Official Gazette of the Republic of Srpska” no 61/16 published the Rule book on the content, method of collecting, managing and accessing the data from the Registry of the Information Center of the Insurance Agency of the Republic of Srpska.  The same Official Gazette also published […]

Compliance, risk management and performance assessment

Date: Wednesday, July 27, 2016
Category: 2016
etika

Recently, many companies pay a significant attention to the activities related to the compliance of company’s operation with the law (“compliance”), the risk management arising out of, or related to, the operations of companies (“risk management”), and the establishment and implementation of an efficient, clear and precise system of performance assessment of employees. The Law Firm SAJIC is going through all these processes together with our clients. The experience we have gained, we are ready to offer to other companies, […]

“Reforms and new challenges in the insurance law ” Palic, Serbia, 2016

Date: Thursday, May 12, 2016
Category: 2016
osiguranje

Consulting in the field of insurance law traditionally for several years is being held in Palic, Republic of Serbia, in the period from April 15 to April 25 of the current year. This year the seminar was held from April 22 to April 23, 2016, and the organizer of the seminar again was the Association for Insurance Law of Serbia, the Association of Insurers from Germany and the German Foundation for International Legal Cooperation. The seminar was organized in a […]

Legal 500 – Law firm Sajic- best law firm in the Republica of Srpska

Date: Thursday, May 5, 2016
Category: 2016
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The LEGAL 500 is the most famous worldwide guide to research legal service. For 28 years it analyses capacities of law firms all over the world in order to offer the most advanced vision of the global legal market. In assessing the abilities and achievements of law firms from 106 countries, the ranking is based on a number of criteria, where on the basis of the same are specified legal teams in certain areas of legal practice which can provide […]