Živković Samardžić Lawyers recognized by The Legal 500 EMEA 2024
Monday, 01 April 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
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REGISTRATION OF RIGHTS IN THE REAL ESTATE CADASTRE THROUGH ATTORNEYS AT LAW AND GEODETIC ORGANIZATIONS
Tuesday, 05 December 2023
Amendments to the Law on Registration Procedure with the Cadaster of Real Estate and Utilities (now the Law on Registration Procedure with the Cadaster of Real Estate and Infrastructure), among other changes, introduced the obligation that the citizens, starting from November 4th, 2023, can submit requests to the real estate cadaster exclusively through professional users, i.e., attorneys at law and geodetic organisations. The implementation of this system aims to improve the operation of the real estate cadaster, making it more efficient, as well as to enable faster access to relevant information.
The idea for implementing such a system arose from the positive experience with a system implemented by public notaries. Since July 2018, after certification of each agreement (or other document) by which the transfer of ownership rights was conducted, public notaries were required to automatically submit a request for the registration of the rights of new property owners to the competent real estate cadaster. This system proved to be highly efficient because public notaries, before the certification of every agreement, were obligated to check in detail the current status in the real estate cadaster records, as well as to ensure the presence of complete and accurate documents for the registration of rights.
On the other hand, there is a significant number of real estates in Serbia on which ownership rights have been changed before July 2018 (in some situations even decades ago), with these changes not being registered in the real estate cadaster for various reasons. Therefore, there was a need to introduce a new form of digitization and professionalization of the registration procedure that would be applied to those situations. Additionally, it was necessary to solve a number of problems that arose from the traditional system – including long queues, overcrowding at the counters, incomplete requests, extensive documentation in paper form, frequent problems with the rejection of requests due to the instructions of non-professionals, as well as prolonged registration procedures which, due to disputed documentation, lasted for several years. The introduction of a digital system represents the solution to these challenges, offering a more efficient alternative that will improve the experience of the citizens in the registration process.
It should be noted that submitting requests electronically through attorneys, as professional users, is not a novelty, as such a system has been operating successfully in practice for several years. This system allows citizens whose rights are not registered in the real estate cadaster to address the attorneys who will be obligated to review the entire documentation before submitting a request and identify any potential issues or deficiencies in the documentation required for the registration of rights. Citizens will also have the opportunity, in case of any formal or other deficiencies regarding the documentation, to receive expert advice from attorneys on how to overcome these deficiencies.
Communication between the competent real estate cadaster and attorneys is also far more efficient, especially since the Republic Geodetic Authority canceled the option for citizens to schedule meetings with heads of real estate cadasters, heads of legal departments, or officials processing their cases.
In this manner, not only will the possibility of requests for registration of rights being dismissed or rejected be minimized, but the procedure of registration of rights will also be conducted significantly faster than when citizens did it themselves. For this reason, we strongly believe that these changes represent a significant step not only for citizens but also for the entire administration in Serbia, improving transparency and efficiency in the management of real estate and the entire infrastructure.
For more information regarding the novelties in terms of registration of rights, as well as comprehensive legal assistance related to it, feel free to contact our attorneys at law Uroš Đorđević (uros.djordjevic@zslaw.rs), Srđan Zerdo (srdjan.zerdo@zslaw.rs), and Miroslav Živanović (miroslav.zivanovic@zslaw.rs).
UPIS PRAVA U KATASTAR NEPOKRETNOSTI UZ POMOĆ ADVOKATA I GEODETSKIH ORGANIZACIJA
Izmenama i dopunama Zakona o postupku upisa u katastar nepokretnosti i vodova (sada Zakona o postupku upisa u katastar nepokretnosti i katastar infrastrukture), između ostalog, uvedena je obaveza da od 4. novembra 2023. godine, građani mogu podnositi zahteve katastru isključivo preko profesionalnih korisnika, tj. preko advokata i geodetskih organizacija. Implementacija ovog sistema ima za svrhu da unapredi rad katastra, čineći ga jednostavnijim i efikasnijim, te da omogući brži pristup relevantnim informacijama.
Sama ideja za implementaciju ovakvog sistema proistekla je iz pozitivnog iskustva sa sistemom koji su sprovodili javni beležnici. Naime, od jula 2018. godine, javni beležnici su bili obavezni da nakon svake overe ugovora ili drugog dokumenta za prenos vlasništva automatski podnesu zahtev za upis prava novih vlasnika nadležnom katastru nepokretnosti. Ovaj sistem se pokazao izuzetno efikasan jer je svaki javni beležnik pre same overe ugovora bio dužan da detaljno proveri trenutno stanje u evidenciji katastra nepokretnosti, kao i da osigura prisustvo kompletnih dokumenata i ispravnost istih za upis prava.
S druge strane, u Srbiji postoji jako veliki broj nepokretnost koje su menjale vlasnika pre jula 2018. godine (u nekim slučajevima čak i decenijama unazad), a da te promene nisu bile evidentirane u katastru iz različitih razloga. Iz tog razloga, javila se potreba da se uvede novi oblik digitalizacije i profesionalizacije postupka za uknjižbu koji bi se primenio na te slučajeve. Osim toga, bilo je neophodno rešiti niz problema koji su proistekli iz tradicionalnog sistema – dugotrajna čekanja u redovima, gužve na šalterima, nepotpuni zahtevi, obimna dokumentacija u papirnom obliku, česti problemi sa odbacivanjem ili odbijanjem zahteva usled instrukcija nestručnih lica, kao i postupci uknjižbe koji su, zbog sporne dokumentacije, trajali i po nekoliko godina. Uvođenje digitalnog sistema predstavlja odgovor na ove izazove, pružajući efikasniju alternativu koja će unaprediti iskustvo građana u procesu uknjižbe.
Treba imati u vidu da podnošenje zahteva elektronskim putem preko advokata, kao profesionalnih korisnika ne predstavlja novinu, jer takav sistem postoji i uspešno funkcioniše u praksi već nekoliko godina. Ovaj sistem omogućava da se građani, čije pravo nije upisano u registru katastra nepokretnosti, obrate advokatima koji će biti u obavezi da pre podnošenja svakog zahteva pregledaju celokupnu dokumentaciju i ukažu na eventualna sporna pitanja ili nedostatke u dokumentaciji koja je potrebna za upis prava. Građani će takođe imati mogućnosti da u slučaju postojanja bilo kakvih formalnih ili drugih nedostataka u dokumentaciji dobiju stručan savet od advokata kako te nedostatke da otklone.
Komunikacija između nadležnog katastra i advokata je takođe daleko efikasnija nego da to vrše sami građani, naročito jer je Republički Geodetski Zavod ukinuo mogućnost da građani zakažu sastanak sa načelnicima, šefovima pravnih službi ili referentima koji obrađuju te predmete.
Na navedeni način, ne samo da će se minimizovati mogućnost da zahtevi za uknjižbu budu odbačeni ili odbijeni, već će i sam postupak upisa prava biti sprovođen znatno brže nego kada su to činili građani samostalno. Iz tog razloga smatramo da ove izmene predstavljaju značajan korak ne samo za građane, već i za kompletnu administraciju u Srbiji, unapređujući transparentnost i efikasnost u upravljanju nepokretnostima i celokupnom infrastrukturom.
Za detaljnije informacije u vezi sa novinama u pogledu uknjižbe, kao i kompletnu pravnu pomoć u vezi sa tim, budite slobodni da kontaktirate naše advokate Uroša Đorđevića (uros.djordjevic@zslaw.rs), Srđana Zerda (srdjan.zerdo@zslaw.rs) i Miroslava Živanovića (miroslav.zivanovic@zslaw.rs).
- Published in Client Updates
Government of the Republic of Serbia determined the coefficient of compensation for confiscated property
Monday, 08 March 2021
At its 26th session held on January 21, 2021, the Government of the Republic of Serbia in accordance with Law on Restitution of Confiscated Property and Compensation (“Official Gazette of the RS”, No. 72/11, 108/13, 142/14, 88 / 15- US, 95/18 and 153/20) adopted the Conclusion at the proposal of the Ministry of Finance by which is determined a coefficient for compensation which amounts 0.15.
We remind you that the Agency for Restitution in the procedure of returning confiscated property or compensation decides whether the applicant for restitution is entitled to natural restitution (return of confiscated property) or compensation. By the Law on Restitution of Confiscated Property and Compensation, applicants have the right to return immovable and movable property in kind that is in public (state) ownership. If the property is not suitable for return in kind, the applicants acquire the right to monetary compensation, which will be done as follows:
- The amount of compensation is determined in euros, by multiplying the market value of the property determined by the final decision of the Agency for Restitution with a coefficient of 0.15. For example, if the market value of the property determined by a final decision of the Agency for Restitution is € 100,000.00, with a coefficient of 0.15 the applicant would receive compensation in the amount of € 15,000.00 provided that the total value that the applicant can receive cannot exceed € 500,000.00.
- Compensation will be paid by the Republic of Serbia by issuing bonds denominated in euros. The value of the advance payment of 10%, which could not exceed the value of € 10,000.00, will be paid in cash, and the rest will be paid in bonds.
- Bonds will be issued in an intangible form, will be transferable, and will fall due on every 15.01. starting from the year following the advance payment, in the next 12 years from the first issue of bonds (except regarding the bonds for persons who are older than 70 at the time of entry into force of the law (2011), when the bonds will be issues within 5 years, or bonds for persons who at the time of entry into force of the law are older than 65 years, and in the last case bonds will be issued in the next 10 years).
If you have any questions regarding the above, please contact lawyers Ksenija Golubovic Filipovic (ksenija.golubovic@zslaw.rs ) or Srdjan Zerdo (srdjan.zerdo@zslaw.rs).
Vlada Srbije utvrdila je koeficijent obeštećenja za oduzetu imovinu
Vlada Republike Srbije na 26-toj sednici održanoj 21.januara 2021. godine, donela je Zaključak o povraćaju oduzete imovine I obeštećenju (“Službeni glasnik RS“, br. 72/11, 108/13, 142/14, 88/15-US, 95/18 i 153/20) na predlog Ministarstva finansija o utvrđivanju koeficijenta kojim se utvrđuje iznos obeštećenja za oduzetu imovinu a koji iznosi 0,15.
Podsećamo da Agencija za restituciju u postupku vraćanja oduzete imovine ili obeštećenju odlučuje da li podnosilac zahteva za restituciju ima pravo na naturalnu restituciju (vraćanje oduzete imovine) ili na obeštećenje. U skladu sa Zakonom o vraćanju oduzete imovine i obeštećenju, podnosioci imaju pravo na vraćanje nepokretnih i pokretnih stvari u naturi koje su u javnoj svojini. Ukoliko imovina nije pogodna za vraćanje u naturalnom obliku, podnosioci stiču pravo na novčano obeštećenje koje će se vršiti na sledeći način:
- Iznos obeštećenja se uvrđuje u evrima, tako što se tržišna vrednost imovine određena pravnosnažnim rešenjem Agencije za restituciju pomnoži sa koeficijentom 0,15. Primera radi, ukoliko je tržišna vrednost imovine pravnosnažnim rešenjem Agencije za restituciju određena na 100.000,00€, sa koeficijentom 0,15 podnosilac bi dobio obeštećenje u vrednosti od 15.000€, s tim što ukupna vrednost koju koju podnosilac može da dobije ne može da premaši 500.000,00€.
- Isplatu obeštećenja vršiće Republika Srbija tako što će emitovati obveznice denominovane u evrima. Vrednost akontacije od 10% koja ne bi mogla da premaši vrednost od 10.000,00€ će se isplaćivati u novcu, a ostatak se isplaćuje u obveznicama.
- Obveznice će se izdavati u nematerijalnom obliku, biće prenosive i dospevaće svakog 15.01. počev od godine koja sledi nakon isplate akontacione vrednosti, i to u narednih 12 godina od prve emisije obveznica, osim obveznica za lica koja su u trenutku stupanja zakona na snagu 2011. Godine, starija od 70 godina, kada će se isplaćivati u roku od 5 godina, ili obveznica za lica koja u trenutku stupanja na snagu zakona budu starija od 65 godina, te će se njima obeštećenje u obliku obveznica isplaćivati u narednih 10 godina.
Ukoliko imate bilo kakvih pitanja ili su Vam potrebne dodatne informacije možete se obratiti Kseniji Golubović Filipović na mejl ksenija.golubovic@zslaw.rs, Srđanu Zerdu na mejl srdjan.zerdo@zslaw.rs, advokatima u advokatskoj kancelariji Živković Samardžić ili bilo kom Vašem redovnom kontaktu u kancelariji.
- Published in Client Updates
