Author: Zdenko Tomanović

Zdenko Tomanović In Commercial, Corporate, Real Estate

Loan Market Transactions – Successful closing of EUR 7+million GCV secondary market loan transactions concerning secured claims

Sector: Finance; Real Estate; Restructuring

Practice Area: Corporate & Commercial; Distressed, Special Situation & Loan Market Transactions

The firm has successfully acted for an international investment entity in closing EUR 7+ million secondary market loan transactions which concern loan receivables secured on various real estate assets in Serbia. The team has advised the seller on the negotiations, structuring, signing and closing of the deal. The underlying assets were distressed following the Great Recession and the resulting recessionary years in the region, and the relevant loan facilities were subject to multiple restructurings and negotiations over the years. Having acquired the loans trough a primary sale from the originators, the seller’s exit marks another successful investment cycle in the Serbian assets.

Zdenko Tomanović In Extradition, International, Regulatory

Resisting an Extradition – the firm successfully represents a private client before the Court of Appeal

Sector: Extradition; Regulatory; International law

Practice Area: Dispute Resolution, Private Client

In what was a rare case of the Appellate Court ruling in the favour of the defendant and quashing the First Instance Court on the merits, the firm successfully represented a private client – a shareholder of an international trading company – who was facing an unjustified extradition request from a CIS country. In May 2023, following what is a strong practice of deferral to reasons provided by the requesting states, the First instance Court – High Court in Belgrade, Special Department for Organized Crime, issued an extradition order. Following this, the firm appeared before the Court of Appeal, and raised a number of arguments why the extradition request was legally unsound and that the conditions for extradition have not been met. The firm argued that the first instance decision was contrary to the Constitution, legal order of the Republic of Serbia and the generally accepted rules of international law. The decision of the Court of Appeal reiterated the importance of one of the mandatory conditions for extradition – duality of the criminal offence in both legal systems – and that the condition cannot be interpreted loosely, so that mere regulatory misdemeanours cannot be elevated to the level of criminal offence based on the practice of the requesting state.

Zdenko Tomanović In Uncategorized

Praksa jesen 2023.

Advokatska kancelarija Tomanović organizuje prakse za studente master studija, za apsolvente i za studente četvrte godine osnovnih studija.

Prakse će biti organizovane u vremenskom periodu od 11.09.2023 do 08.12.2023.
Svaka praksa traje 4 (četiri) radne nedelje
Predviđeno je da svaku praksu obavljaju po 3 (tri) praktikanta
Potrebno je da studenti izaberu 4 (četiri) radne nedelje tokom kojih žele da obavljaju praksu a u okviru navedenog vremenskog perioda

Prakse će se obavljati u prostorijama advokatske kancelarije Tomanović, ul. Serdar Jola br.21, tokom radnog vremena kancelarije.

Praksa obuhvata aktivan rad i upoznavanje sa svim aspektima pružanja advokatskih usluga.

Prijave se podnose putem e-maila na karijere@tomanovic.rs uz CV sa prosekom ostvarenim tokom studija i to najkasnije do 20.08.2023. godine. Za termine u oktobru i kasnije, studenti mogu prijave podneti i po isteku ovog roka, a najkasnije do 31.08.2023. godine.

Odluke o primljenim studentima za termine koji počinju u septembru mesecu biće saopštene 01.09.2023. godine.

Prednost imaju studenti koji do sada nisu pohađali praksu u advokatskoj kancelariji Tomanović.

Tel: 011/ 3675-086

Zdenko Tomanović In Conference, Corporate, International

12th Annual Investment Meeting in Abu Dhabi

Area: Conference, Investment, Business

The firm had the pleasure to attend the 12th Annual Investment Meeting this May organized by the AIM Foundation, and held under the patronage of His Highness Sheikh Khaled bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council.

The conference afforded opportunities for engaging discussions with respect to a variety of topics and investment opportunities – especially in the start-up, energy, infrastructure and real estate sectors – across the globe.

The firm also participated in the focused Credit Management & NPL Forum of the conference, organized by the DDC Financial Group, which allowed for interesting discussions concerning opportunities and challenges of investing in distressed assets and non-performing loans.

Zdenko Tomanović In Commercial, Corporate, International

Issue of UK patents & successful milestone in tech JV

Sector: Start-ups & Venture Capital, Energy

Practice Area: Commercial & Corporate

The firm advised a Swiss and Serbian-based JV with respect to a technology start-up joint venture set up for the commercialization of certain energy sector technologies on a global scale.

After successfully closing the JV structure and incorporating the collaboration agreement, as well as implementing asset transfers concerning various IP, the firm advised, in cooperation with the Patent Attorneys in the relevant jurisdiction, the parties on a UK Patent application.

In accordance with the JV milestones, the relevant applicants were granted a UK Patent with respect to the technologies covered by the collaboration and have successfully completed a major milestone in their collaboration agreement.

Tomanovic Law Firm has advised on a number of commercial and corporate aspects, including cross-border tax matters, and was assisted by the cooperating law firms from Switzerland and the UK.

Zdenko Tomanović In Tax, Technology

Successful dismissal of a large technology sector tax case

Sector: Technology

Practice Area: Regulatory & Tax

The firm acted for multiple defendants in a high-value tax investigation concerning certain asset transfers and licenses in the cross-border technology space. The investigation, which was regulatory in nature, was also handled by the Basic and High Prosecutor’s Office due to allegations of criminal tax evasion and money laundering. Following the challenge of the various allegations of the authorities, and addressing the complex factual matrix which prompted the authorities to initiate the case, the firm successfully acted for the parties and achieved a dismissal of the investigation. In addition to the Serbian law, the case also involved offshore jurisdictions and international taxation matters.

Zdenko Tomanović In Tax, White-collar

Successful acquittal in a major publicized trial

Sector: Infrastructure, Finance, Conglomerates

Practice Area: White-Collar, Tax

In a publicly anticipated and widely reported decision concerning a major case against the shareholder of a regional conglomerate and various connected entities, the Appeal Court in Belgrade addressing the matter which emerged from a complex privatization of infrastructure sector companies fully accepted the arguments put forward in the submitted appeals and ordered a full acquittal of our clients.

The Appeals Court overturned the highly criticized and legally flawed first instance decision, which sought to impose effectively multimillion EUR retroactive tax obligations on a criminal law plane.

The decision marks and end to 10 years of proceeding before the Prosecutor and the relevant Courts which were followed by intense media and wide-ranging political interest in the case.

The defendants were awarded full costs in the case and are seeking redress for the damages caused by the unjustified investigations and trial in various proceedings.

Zdenko Tomanović In Uncategorized

Praksa 2023

Advokatska kancelarija Tomanović organizuje prakse za studente master studija, za apsolvente i za studente četvrte godine osnovnih studija.

Prakse će biti organizovane u vremenskom periodu od 17.04.2023 do 07.07.2023.
Svaka praksa traje 3 (tri) radne nedelje
Predviđeno je da svaku praksu obavljaju po 3 (tri) praktikanta
Potrebno je da studenti izaberu 3 (tri) radne nedelje tokom kojih žele da obavljaju praksu a u okviru navedenog vremenskog perioda

Prakse će se obavljati u prostorijama advokatske kancelarije Tomanović, ul. Serdar Jola br.21, tokom radnog vremena kancelarije.

Praksa obuhvata aktivan rad i upoznavanje sa svim aspektima pružanja advokatskih usluga.

Prijave se podnose putem e-maila na karijere@tomanovic.rs uz CV sa prosekom ostvarenim tokom studija i to najkasnije do 10.04.2023.godine. Za termine u maju i kasnije, studenti mogu prijave podneti i po isteku ovog roka, a najkasnije do 27.04.2023. godine.

Odluke o primljenim studentima za termine koji počinju u aprilu mesecu biće saopštene 12.04.2023 godine.

Prednost imaju studenti koji do sada nisu pohađali praksu u advokatskoj kancelariji Tomanović.

Tel: 011/ 3675-086