Category: Commercial

guest In Commercial, Dispute Resolution, Telecommunications

Successful conclusion of a 100m+ TMT sector commercial dispute

Sector: Telecommunications

Practice Area: Dispute Resolution; Commercial Litigation

The firm represented a leading telecommunication sector company facing an EUR 100m+ commercial lawsuit related to infrastructure ownership rights and various claims revolving around the construction of certain networks.

Following six years of intense litigation that dealt with complex and untested legal matters concerning legal ownership, lease rights and other use rights over key infrastructure network assets, the proceedings were favourably concluded.

guest In Commercial, Common Law, Energy, Technology

The firm advises on a cross-border IP development transaction in the energy sector involving foreign law aspects

Sector: Energy; Technology

Practice Area: Commercial Contracts; IP; Common Law Desk

The firm’s attorneys advised a leading technology service provider focused on the energy sector in a joint development agreement with a major international electrical equipment and solutions provider.

The firm advised on the joint development agreement, cross-border IP aspects, and other related aspects of the transaction which involved several applicable laws. The firm’s common law qualified attorneys provided support on the transaction.

guest In Commercial, Dispute Resolution, International, Litigation

The firm advises two Dutch holding companies and supports a leading Dutch counsel in a 1+billion EUR order for interim measures in the Dutch courts

Sector: Conglomerates

Practice Area: Dispute Resolution; Commercial Litigation; International

The firm’s attorneys assisted a leading Dutch firm and its two clients in a publicized set of proceedings arising from a state intervention and subsequent restructuring of a major conglomerate.

The clients successfully obtained a 1+billion EUR attachment order from the Dutch courts, attaching on the relevant assets of the numerous defendants.

Following this, the firm assisted the clients and the Dutch firm in preventing a multimillion EUR payment by one of the defendant entities and receiving a favourable judgment recognizing the freezing of the sums to the benefit of the claimants.

The underlying lawsuits continue in the Dutch courts, with the case valued at 2.8 billion EUR without interest.

Zdenko Tomanović In Commercial, Corporate, Technology

Commercial Court – successful representation in a 5+ mil. EUR shareholders’ dispute over a TMT sector joint venture

Sector: Media & Telecommunications; Appellate

Practice Area: Commercial Dispute Resolution

The firm has successfully represented a corporate client and a majority shareholder over a 5 mil. EUR lawsuit filed based on a shareholders’ agreement concerning a joint venture in a TMT sector company.

Initiated in 2019, the claim was dismissed in the first instance in 2022 by the Commercial Court and confirmed as final by the Commercial Court of Appeal recently. In a complex factual matrix spanning a long number of years of the joint venture and grappling with various arguments on the interpretation of the agreement between the relevant parties, the firm succeeded in arguing that the obligations to pay certain sums never arose and defended the respondents with respect to their alleged joint liability. Full costs have been awarded to the respondents.

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 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.