Živković Samardžić Lawyers recognized by The Legal 500 EMEA 2024
Živković Samardžić is truly delighted to learn about rankings in the Legal 500 Europe, Middle East & Africa 2024 directory. The office has been ranked across a diverse set of practice areas and our lawyers have been recognized as great professionals.
Miloš Milošević, Partner has been recognized as a Leading Individual, while Ivan Ljubisavljević, Partner as a Next Generation Partner, for their Dispute Resolution work.
Dispute Resolution team has also been recognized as consistently handling high-stakes commercial cases before the Serbian and Montenegrin courts, Živković & Samardžić Law Office acts for several domestic investment banks and insurance companies on an ongoing basis. The firm is home to experts in litigation and enforcement work, along with restructuring, reorganisation and insolvency proceedings. The career of Miloš Milošević includes being a civil law appellate chamber judge at the Belgrade District Court, while Ivan Ljubisavljević is a banking and finance litigation specialist. Civil litigation practitioner Tihomir Vlaović provides additional support.
One of the client testimonials are: ‘Expertise and experience make this team stand out by comparison to other firms.’, ‘Miloš Milošević is great for his understanding of banks’ business and aspirations.’
Additionally, Danka Draško has been recognized as a Rising Star for her Employment work, while the Employment team praised for being particularly active in advising on redundancies, reorganizations, union negotiations, employment disputes and executive terminations, to amendments of working conditions and disciplinary procedures
Client impressions were: ‘They are precise, efficient and professional in every way, and they respect tight deadlines.’, ‘Lawyers from this firm are interested in each client individually, knowing in detail the client’s organisation and type of work, as well as its business needs.’
Other ranked practice areas include Commercial, Corporate and M&A and Competition.
Commercial, Corporate and M&A department led by partners Sava Pavlović and Branislav Živković is known as exceptionally knowledgeable and experienced, acting for major commercial, financial and industrial businesses on complex business transactions. According to clients, “This team is truly impressive. They are incredibly focused and experienced, and their approach is remarkably flexible and innovative“, and “Clients highly value the excellent communication between lawyers and clients, as well as the team’s proactive engagement with them”.
The Competition practice is also recognized by the Legal 500, while Živković Samardžić is highlighted as a firm worth watching in the field of Real Estate and Construction practice. This practice is led by Uroš Đorđević, who has longstanding experience in real estate projects and project finance, as well as infrastructure and procurement contracts, however, he is supported by Srđan Zerdo, whose commercial real estate focus covers investment sales and acquisitions, property developments, FIDIC contracts, hotel operation agreements, and property joint ventures.
The Legal 500 is an independent guide, where firms and individuals are recommended purely on merit, considering various factors such as capabilities of the team and the law firm in general, the complexity and the variety of the performed work, with a great emphasis on client feedback.
- Published in Uncategorized
Legal 500 in its Arbitration Powerlist: CEE 2023 recognizes Miloš Milošević as a leading practitioner in Serbia
For 33 years, The Legal 500 has been analysing the capabilities of law firms across the world, with a comprehensive research programme revised and updated every year to bring the most up-to-date vision of the global legal market. The Legal 500 based on its analysis and research programmes publishes rankings of law firms across the world and their leading lawyers in their designated areas.
One of their most used and read rankings are the ones devoted to the international arbitration, having in mind the competitiveness and constant demand of the global legal market in this area.
In that regard, Legal 500 published the Arbitration Powerlist: CEE 2023, which showcases the leading arbitration practitioners working in Central and Eastern Europe, where arbitration is becoming an increasingly method of dispute resolution, and their practitioners showed an impressive depth of expertise in a variety of sectors and are actively responding to the needs of arbitration users.
In their Arbitration Powerlist: CEE 2023 Legal 500, recognized Miloš Milošević, as a leading practitioner with 27 years of practice in the areas of commercial, civil law and administrative disputes under general court proceeding, commercial courts proceeding, administrative courts proceedings, enforced collection, including enforcement, bankruptcy and liquidation proceedings, mediation, and arbitral proceedings in investment disputes.
Miloš Milošević joined Živković Samardžić in 2010. He graduated at the University of Belgrade Faculty of Law in 1995 and spent 15 years in the judiciary, as a judicial clerk at the Commercial Court in Belgrade and the Supreme Court of Serbia, Judge at the Fourth Municipal Court in Belgrade and a Civil Law Appellate Chamber Judge at the District Court in Belgrade.
- Published in Uncategorized
Živković Samardžić Lawyers and Practice Groups Recognized by Legal 500 EMEA 2022
Živković Samardžić is humbled and proud of our rankings in the Legal 500 Europe, Middle East & Africa 2022 directory. The firm has been ranked across diverse set of practice areas and our partners recognized as professional and well organised lawyers with extensive knowledge and analytical skills.
Miloš Milošević, Partner has been recognized as a Leading Individual, and Ivan Ljubisavljević, Partner as a Next Generation Partner, for their Dispute Resolution work. Živković & Samardzić Law Office’s lawyers “regularly represents domestic and foreign clients from the banking, media, telecoms and pharma sectors. In addition to its track record in heavyweight commercial disputes before the Serbian and Montenegrin courts, the group appears in investment treaty arbitration.” Some of the client testimonials include following: “An excellent team that is made up of highly skilled individuals.”, with “Each lawyer is a highly professional individual with exceptional knowledge of the law and extensive experience.”, stating that “They are skilled in analysing legal issues in a short time, and provide the client with adequate professional advice and assistance.”
Ana Popović, Partner has been recognized as a Next Generation Partner for her Employment work and her team praised for being particularly active in advising on redundancies, management reorganisations, union negotiations, employment dispute resolution and executive terminations. The team also has expertise in the documenting of work condition amendments, disciplinary procedures, and assisting foreign management with immigration law matters. The Legal 500 directory quotes some of the client testimonials, according to which “I enjoy working with this firm – this is a complex jurisdiction and they are pragmatic and commercial with their advice.”, “The employment practice of this firm is outstanding. It is very well staffed, with experts who go the extra mile to provide sound and reliable advice.”, with“Great collaboration, client relations and response speeds.”
Other ranked practice areas include Commercial, Corporate and M&A, Competition and Real Estate and Construction.
Commercial, Corporate and M&A team is described as the one that consistently handles complex business transactions, as well as providing strategic corporate advice to both national and international commercial, financial and industrial enterprises in Serbia. Jointly heading up the group are Partners Branislav Živković, who is cross-border transactions expert, TMT deal expert Nebojša Samardžić, and Igor Živkovski, “a great lawyer with brilliant ideas”. According to some of the quoted client testimonials, the team “is very practical, and understands how to get things done quickly and easily without compromising on risk”, with “dedicated, knowledgeable and experienced professionals, who give very direct and useful advice, which is very much appreciated.” Their clients also “appreciate their deep knowledge of the local market and breadth of experience.”
Živković Samardžić Competition practice is described as “full of innovative and creative staff, who are very professional and available”, with team members “who are able to respond promptly to every client requirement”. The competition team has substantial experience of handling local Serbian and regional filing procedures for complex, multi-jurisdictional mergers in the electronic communications, broadcasting, energy and financial services sectors. Directory quotes client testimonials as follows: “When working on a project, the team always includes both partners and associates, which allows the associates to grow through handling large mandates and gain knowledge and experience for the future.”, as well as “Their understanding of the market is a great advantage.” Practice head, Slobodan Kremenjak, Partner is lauded for having “the track record which includes a number of landmark competition cases.”
The Legal 500 Series, now in its 33rd year, is widely acknowledged as the world’s largest legal referral guide. The Legal 500 is an independent guide, where firms and individuals are recommended purely on merit, considering various factors such as capabilities of the team and the law firm in general, the complexity and the variety of the performed work, with a great emphasis on client feedback.
- Published in Uncategorized
TOPIC: CLOSING A COMPANY IN LIQUIDATION PROCEDURE THROUGH BANKRUPTCY
It’s not uncommon in practice for a company in liquidation procedure not to carry out the procedure until its completion, but over time to find itself in a situation where its accounts are blocked and there are no assets to settle creditors depts. Bearing in mind that the nature of debts is only to increase over time, such companies often become „paralyzed “, which is caused by the most common bankruptcy reasons:
• permanent insolvency,
• over-indebtedness.
If a situation like this occurs, the possibility of closing the company through bankruptcy procedure opens up. The main advantage of this procedure is efficiency and achieving the desired goal in a short period of time.
An important fact that needs to be proven during this procedure is that the obligations of the company are larger than its assets, which prevents the company from fulfilling the existing obligations towards creditors.
As this is a procedure which successful completion requires the cooperation of different professions, it is useful to hire a lawyer in order to successfully finish the procedure by closing the company and deleting it from the Business Registers Agency. The consequence of all the above mentioned is that the company is released from its obligations to creditors.
Under what conditions is possible for the procedure to end in bankruptcy at the first creditors hearing, whether the founder of the company can influence the course of the procedure, how many claims are needed for the procedure not to be suspended, what are the consequences if it is determined that the company in the period before the opening of bankruptcy made dispositions that could have damaged the creditors, are all the questions to which our office with extensive experience in this area can give you an answer.
For all additional information, feel free to contact our partners from the litigation department Miloš V. Milošević, via e-mail address milos.milosevic@zslaw.rs and Ivan Ljubisavljević, via e-mail address ivan.ljubisavljevic@zslaw.rs, or via our regular contact address office@zslaw.rs.
TEMA: GAŠENJE FIRME U LIKVIDACIJI KROZ STEČAJ
Neretka je situacija u praksi da privredno društvo koje se nalazi u postupku likvidacije ne sprovede postupak do njegovog okončanja, već se protekom određenog vremena nađe u situaciji da su mu računi blokirani, a društvo nema imovine kojom bi izmirilo dugovanja prema poveriocima. Imajući u vidu da je priroda dugovanja takva da se dugovanja protekom vremena isključivo uvećavaju, ovakva društva neretko dolaze u status tzv. „paralize“ prouzrokovane najčešćim stečajnim razlozima i to:
• trajnijom nesposobnošću plaćanja;
• prezaduženošću.
Ukoliko dođe do ovakve situacije, otvara se mogućnost gašenja firme bankrotstvom kroz stečajni postupak. Glavna prednost ovog postupka je efikasnost i postizanje željenog cilja u kratkom vremenskom periodu.
Bitna činjenica koju je potrebno dokazati tokom stečajnog postupka jeste da li je pasiva društva, odnosno njegove obaveze, veća od aktive društva, odnosno njegove imovine. Ukoliko je pasiva društva veća od njegove aktive, društvo je onemogućeno da izvrši postojeće obaveze prema poveriocima.
Kako se radi o postupku za čije uspešno okončanje je potrebno učešće lica iz različitih struka, korisno je angažovati advokata kako bi se postupak uspešno okončao gašenjem firme i brisanjem iz Registra privrednih subjekata koji se vodi u Agenciji za privredne registre Republike Srbije. Posledica svega navedenog je da društvo biva oslobođeno obaveza koje ima prema poveriocima.
Pod kojim uslovima je moguće da se već na prvom poverilačkom ročištu postupak okonča bankrotstvom, da li osnivač društva može da utiče na tok postupka, koliko je prijava potraživanja potrebno da se postupak ne bi obustavio, koje su posledice ako se utvrdi da je društvo u periodu pre otvaranja stečaja vršilo raspolaganja koja su mogla oštetiti poverioce, sve su pitanja na koja Vam naša kancelarija sa velikim iskustvom u ovoj oblasti može dati odgovor.
Za sve dodatne informacije možete se obratiti našim partnerima iz litigation odeljenja Milošu V. Miloševiću, putem e-mail adrese milos.milosevic@zslaw.rs, Ivanu Ljubisavljeviću putem e-mail adrese ivan.ljubisavljevic@zslaw.rs, ili na adresu za redovan kontakt office@zslaw.rs.
[/vc_column_text][/vc_column][/vc_row]
- Published in Client Updates
IFLR1000 recognizes Branislav Živković and Miloš Milošević as Highly Regarded Lawyers and Igor Živkovski as Rising Star

IFLR1000 Financial and Corporate 2020 directory has once again ranked Živković Samardžić, one of Serbia’s leading law firms, for its financial and corporate practice as well as recognized Branislav Živković as Highly Regarded lawyer in M&A, Real Estate Acquisitions and Real Estate Finance, Miloš Milošević as Highly Regarded lawyer in Restructuring and Insolvency and Igor Živkovski as Rising Star in Corporate and M&A practice areas in Serbia.
Directory, released by International Financial Law Review, the market-leading financial publication for lawyers specialising in international finance in financial institutions, corporates and private practice, feature tiered rankings of the financial and corporate law firms and lawyers, recognized by their peers and clients to be the leading figures in their specialist areas, in more than 120 jurisdictions across the globe. The editorial for Serbia is available here.
Branislav Živković has been practicing law since 1988 and is a founding partner of Živković Samardžić. His wide-ranging experience covers mergers and acquisitions, joint ventures, privatizations, acquisition and corporate finance, transactional tax aspects, complex commercial contracts and real estate and project finance.
Miloš Milošević joined Živković Samardžić in 2010. He graduated at the University of Belgrade Faculty of Law in 1995 and spent 15 years in the judiciary, as a judicial clerk at the Commercial Court in Belgrade and the Supreme Court of Serbia, Judge at the Fourth Municipal Court in Belgrade and a Civil Law Appellate Chamber Judge at the District Court in Belgrade.
Igor Živkovski graduated at the University of Belgrade Faculty of Law in 2010 and has been with Živković Samardžić since 2013, after six-month internship at the United Nations International Criminal Tribunal for the former Yugoslavia in The Hague and two years with another reputable law firm in Belgrade.
- Published in Uncategorized
Živković Samardžić secures victory for NBG group member at the Supreme Court of Cassation of Serbia
Živković Samardžić, one of the Serbia’s leading full-service independent law firms, has secured a victory for Vojvođanska banka a.d. Novi Sad, member of the National Bank of Greece Group in an EUR 13.5 million dispute with Sojaprotein a.d. Bečej, the largest soybean processor in Serbia. (more…)
- Published in Deals and Cases