{"id":5149,"date":"2016-07-13T20:35:44","date_gmt":"2016-07-13T20:35:44","guid":{"rendered":"https:\/\/zslawv2.52improvements.com\/another-supreme-court-of-cassation-victory-in-a-multimillion-shareholder-dispute\/"},"modified":"2026-07-06T07:57:41","modified_gmt":"2026-07-06T07:57:41","slug":"another-supreme-court-of-cassation-victory-in-a-multimillion-shareholder-dispute","status":"publish","type":"post","link":"https:\/\/www.zslaw.rs\/sr\/another-supreme-court-of-cassation-victory-in-a-multimillion-shareholder-dispute\/","title":{"rendered":"Another Supreme Court of Cassation Victory in a Multimillion Shareholder Dispute"},"content":{"rendered":"<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">The dispute resolution team at \u017divkovi\u0107 Samard\u017ei\u0107 secured a Supreme Court of Cassation victory for Vlade Divac, former professional basketball player and current President of the Serbian Olympic Committee, in a case involving share transfers in an alcoholic beverage producer and a water bottling plant.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">Divac was sued by Serbian businessman Vojin Djordjevi\u0107, who sought to annul or rescind certain share transfer agreements related to the two companies. Djordjevi\u0107 claimed that the agreements deviated from a 2006 Letter of Intent between the parties.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">After the Commercial Court in Belgrade ruled in Divac&#8217;s favor in 2013, and the Commercial Appellate Court upheld this in 2014, the Supreme Court of Cassation confirmed the lower courts&#8217; decisions. The Court found that while the ownership structure differed from the Letter of Intent, it was due to Djordjevi\u0107&#8217;s failure to fulfill his contractual obligations, not fraud or error.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">Additionally, the Supreme Court reinforced the legal principle that share transfer agreements, once registered in the Company Register, cannot be annulled based on the Law on Contracts and Torts. Instead, nullification must follow procedures outlined in the Companies Act.<br \/>\n<\/span><\/p>\n<p><span style=\"font-family: Roboto; font-style: normal; font-weight: 300; font-size: 20px;\">The team representing Divac consisted of partners and associates from our Dispute Resolution Department.<br \/>\n<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The dispute resolution team at \u017divkovi\u0107 Samard\u017ei\u0107 secured a Supreme Court of Cassation victory for Vlade Divac, former professional basketball player and current President of the Serbian Olympic Committee, in&#8230;<\/p>","protected":false},"author":3,"featured_media":90046,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76],"tags":[113,52,53,75],"class_list":["post-5149","post","type-post","status-publish","format-standard","has-post-thumbnail","category-deals-and-cases","tag-milos-milosevic","tag-dispute-resolution","tag-marko-trisic","tag-corporate-and-ma"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/5149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/comments?post=5149"}],"version-history":[{"count":1,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/5149\/revisions"}],"predecessor-version":[{"id":90366,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/posts\/5149\/revisions\/90366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/media\/90046"}],"wp:attachment":[{"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/media?parent=5149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/categories?post=5149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zslaw.rs\/sr\/wp-json\/wp\/v2\/tags?post=5149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}