Insights


April 16, 2018


Legal 500, a renowned international law firm ranking association, has once again ranked ODI as a Tier 1 law firm for the Slovenian jurisdiction.

According to the association, ODI is, despite its young age, challenging the traditional hegemony of the oldest Slovenian law firms, who have been on the market for decades. We are particularly proud that our efforts, aimed at the satisfaction of our clients and their success, are regularly recognized.

Partner and head of the dispute resolution group, Matjaž Jan, has joined to the ODI managing partner Uroš Ilić in the elite group of »leading lawyers« list.

Special recognition was given to our lawyer, Lea Peček, who was included in the list of recommended experts last year, and this year recognized as a »lawyer of the next generation«. In addition, senior associates Katarina Škrbec, Lea Vatovec and Suzana Bončina Jamšek have once again been listed among recommended lawyers. Moreover, this year senior associate Daniela Sindičič joined the respective list of recommended lawyers.

We are pleased that our work and innovative approach have been recognized and would like to thank our clients for trusting us with their mandates, enabling us to showcase our competency.

For more information visit the Legal 500 rankings here.

Contact: slovenia@odilaw.com


February 5, 2018


We believe that the cryptocurrencies are the internet currency of the future and we are proud to be one of the first law firms in Slovenia, where the clients are now able to choose to make their payment either in BTC or EUR. Accordingly, and considering the fact that our law firm is being highly involved in advisory, regulation, education and other legal services related to the blockchain technology, ICO founding and funding, as well as taxation of cryptocurrencies, we are proud to express our public support to the crypto-world by expanding our payment options as addressed above.

Contact: slovenia@odilaw.com


January 29, 2018


The publication of the European Competition and Regulatory Law (CoRe); publication of the article by lawyer Tine Mišic on the draft law on the procedure for “Act on judicial relief granted to holders of qualified bank credit”.

Povezava do članka: https://core.lexxion.eu/article/CORE/2017/4/11

 


January 24, 2018


The World Bank Group has released the Doing Business 2018: Reforming to Create Jobs is the fifteenth in an annual series of reports providing objective measures of business regulations and their enforcement. ODI Partners Matjaž Jan and Branko Ilić and ODI Senior Associate Maša Drkušić were invited to contribute to the development of the report’s indicators as legal experts.

This year’s report measures aspects of regulation affecting 11 areas of the life of the life of a business. Ten of these areas are included in this year’s ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxses, trading across borders, enforcing contracts and resolving insolvency. Doing business also measures features of labor market regulation, which is not includede in this year’s ranking.

Data in the report is current as of June 1, 2017.

The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.

Click here to get the full report.

Contact: slovenia@odilaw.com


December 22, 2017


ODI team wishes you warmest holidays.

We would like to inform all interested public that our offices will be closed during upcoming holidays.

Please note that our ODI Slovenia office will be closed from Wednesday, 27 December to Tuesday, 2 January 2018.


December 15, 2017


CEE Legal Matters has invited law firm managing partners from across the SEE region to share their thoughts on their careers, management styles, and strategies. In the Corner Office section of their September issue they focused on recruitment and selection process.

Uroš explained “Our recruiting process has several steps, like interviews and short tasks, but in the end what matters most is the candidates’ work experience and the sense of them fitting into the team. Skills may be developed and improved, but how one fits into a team does not. Therefore, as the Managing Partner I also have to focus on the psychological aspects of recruitment.” He prefers casual interviews and finds important “that the candidates did not just apply for a job, but rather for the right job.”

If you would like to read the full article, please click on the following link.

Contact: slovenia@odilaw.com


December 12, 2017


In Slovenia the Register of beneficial ownership is being established.

Companies, associations and other legal entities registered in the Business Register of the Republic of Slovenia (with some exceptions) have to register in the Register of beneficial ownership according to the Prevention of Money Laundering and Terrorist Financing Act until 19 January 2018 at the latest. The obligation to register also applies to some of the foreign legal entities, which are subject to paying taxes in Slovenia on the basis of their business activity in its territory. The newly established register is managed by AJPES. When registering, the business entity is to provide data on its ownership structure and afterword update it, when applicable. For each individual entity within the ownership structure information about all natural persons and entities holding at least 25% share in respective entity is to be provided.

The aim of the newly established register is to ensure the transparency of ownership structures of business entities and to prevent that business entities are misused for money laundering and financing of terrorism.


December 5, 2017


ODI Senior Associate Lea Peček and Associate Primož Mikolič have co-authored an article in the CEE Legal Matters on recent AML developments in Slovenia, including the new Prevention of Money Laundering and Terrorist Financing Act (ZPPDFT-1) and the latest Moneyval Committee report for Slovenia.

To read the full article, please click on the following link.

Contact: slovenia@odilaw.com


October 24, 2017


Senior Associate Ivo Grlica and Associate Primož Mikolič have led the team of four co-authors in comparing the regulatory environments of collaborative economy in Slovenia, Croatia, the Czech Republic, and Slovakia with the European Agenda for the Collaborative Economy. The comparative study evaluates the status of four regulatory areas: market access requirements, consumer protection, employment, and taxation.

To read the full publication (The Regulatory Framework of the Collaborative Economy in Central and Eastern Europe), please click on the following link.

Contact: slovenia@odilaw.com


October 19, 2017


A lost year” is how Gjorgji Georgievski, Partner at ODI in Macedonia, describes the current state of deal-making in his country. “From April onwards things got really slow because of the culmination of the ongoing political crisis,” he explains, adding: “Since the formation of the new Government in June it was normal for things to calm down but soon after we got into a state of waiting for the local elections which eventually took place on October 15, 2017.

Georgievski is looking forward to the last quarter of 2017, when activity should pick up again. “The market is generally slow, with most investors waiting to see how the political crisis will unfold,” he explains. “We’re really optimistic about Q4 and the early months of next year,” he added, pointing to potential deals in the pipeline ranging from notable acquisitions in the freight forwarding and real estate sectors to potential investments in mining operations and a manufacturing company. “In my specific area however,” the TMT specialist said, “there is not much in particular to report, with the telecommunications market having now consolidated between two players. There are continuous investments in infrastructure but there is nothing really to generate substantial work in the market.”

Uncertainty looms over FDI into Macedonia as well, both due to the ongoing political uncertainty and the new Government’s contemplated change in strategy, Georgievski reports. In the past, he says, the Government was dead-set on attracting foreign investors and would “give them everything but the kitchen sink to have them come into the country.” That plan worked in attracting a number of foreign companies that did employ a few thousand people, he says, but there was little trickle down from there. “These companies didn’t really work a lot with local companies as there was a general lack of capacity,” he explains, “and locals have been complaining about the preferential treatment that the internationals were receiving.” The new strategy retains the concept of attracting these foreign investors, especially tech giants, but aims to minimize the preferential treatment they receive, while also making it harder for the companies coming in to not work with the local ones. He says, “how that would work is, as of now, unclear.”

The legal market itself remains more or less unchanged, with the market leaders the same for a decade now, Georgievski reports. “There are some smaller teams coming up that are trying to take on the whales but I am not seeing much of a dent in their market share just yet.” He adds that one interesting rumor circulating is that several regional firms are looking to open up an office in the market. He opted to not give any names given the unconfirmed nature of the buzz, noting only that it would be a “peculiar development given the situation of the market at the moment.”

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