Stankovic & Partners

Proud to have advised SuperPadel Alliance on their partnership with the Croatian Padel Federation and Diagonal Padel Pro Academy! Thanks to CEE Legal Matters for sharing the news. #LegalAdvisory #PadelSports #CEELegalMatters #SuperPadelAlliance

We are pleased to announce that Stankovic and Partners has once again been recognized by IFLR1000 , a leading international legal market research organization specialized in the ranking of financial and corporate law firms and lawyers. Our team has achieved a Tier 3 ranking in Financial and Corporate and a Tier 4 ranking in Project Development. We are particularly delighted that two of our partners received recognition from IFLR1000 -  Nenad Stankovic was acknowledged as Highly Regarded, while Andjelka Zatezic was recognized as a Notable Practitioner, placing them among the elite practitioners in Serbia. Our sincere gratitude goes to IFLR1000 for acknowledging our team's hard work. Stankovic and Partners is, and will always be, committed to continuous improvement in order to deliver the highest quality of service to our clients. For more information regarding the ranking, please see the following link: https://lnkd.in/d_CdiJDy #ranking #financial #corporate #projectdevelopment #IFLR1000

Thank you Legal Netlink Alliance for your constant support!

A Comprehensive Update on European Valuation Standards - EVS 2025:   In October 2024 TEGOVA released the latest edition of European Valuation Standards (EVS 2025). This is designed to address recent changes in the market and in EU regulations, which play a crucial role in shaping property valuation practices across Europe.   Key highlights of the document include: Valuation and Energy Efficiency: a detailed methodology for determining market value in the light of mandatory requirements for energy efficiency. Capital Requirements Regulation: New ‘property value’ criteria to enhance mortgage valuations. Agricultural Property: A refreshed Guidance Note addressing climate change and technology. Sustainability: Extensive revisions in line with the European Green Deal. EU Legislation: Comprehensive amendments to reflect the impact of recent legislative changes on valuation.   Effective from 1 January 2025, EVS 2025 will be a key resource in real estate valuations.   #EVS2025 #PropertyValuation #RealEstate #TEGOVA #NUPS

Stankovic & Partners is proud to announce that it recently assisted longstanding client SuperPadel Alliance with concluding a long-term strategic agreement between SuperPadel Alliance, the Croatian Padel Federation and the renowned Diagonal Padel Pro Academy in Madrid. This partnership marks a crucial step forward in promoting the game of padel in Croatia, and across the entire Adriatic region, facilitating collaboration between the Croatian Federation and one of the world’s leading padel academies, which is known for training some of the leading international players. The agreement was officially signed last weekend in Zagreb. The team at Stankovic & Partners – led by Luka Marosiuk - handled all the legal aspects of this complex arrangement on behalf of SuperPadel Alliance. The matter involved multiple jurisdictions and raised a number of complex cross-border issues, which the team successfully navigated to ensure the seamless execution of this important agreement. #padel #agreement #law

Our team of attorneys, Mitar Simonovic, Tijana Milisic and Filip Grdinić attended the Splet Tech Conference organized by Inicijativa „Digitalna Srbija“ and ICT Hub.   Following the conference, we have returned full of enthusiasm inspired by the lectures, panels and workshops that brought together a wealth of technology expertise, provided insights into new regulations and gave our attorneys an opportunity to exchange ideas with colleagues who are also involved at the forefront of innovative technologies.   Topical issues covered included the intellectual property of startups, the potential of AI and the new AI Act, the EU legal framework, and financial support and access to funding sources for startups among other key innovation issues. We hope to have the opportunity to share more about these important areas soon.

Expect significant changes to take place in the field of arbitration over the next two years!   The is the message of our final report from this year’s #SEEA conference, held recently in Vienna, and the topic covered by two amazing keynote speeches delivered by well-known experts in their fields.   The first keynote speech was delivered by Anna Joubin-Bret and emphasised UNCITRAL’s desire to integrate new  and innovative technology in the context of its mission to harmonise and modernise ADR. The background to this is the ever increasing prevalence of arbitration and mediation in dispute resolution, and a particular focus on the idea that electronic trade should be based on a principle of functional equivalence for paper and digital forms, as well as technological neutrality and a balance between efficiency and speed.   UNCITRAL has clearly stated its resolve to meet the needs of its partners, especially with regards to efficiency and speed, and is developing new model (so-called “SPEEDER”) clauses, as well as being open to an arbitration award appeal mechanism and a special investment treaty court. We expect much from this organisation going forward, especially in terms of the further revision of its rules, drafting of a Code of Conduct for arbitrators and judges, and potentially accepting the idea of writing mediation provisions into treaties.   The second keynote speech delivered by Andrej Savin was mind-bending, even for seasoned practitioners.   It set out a framework of questions relating to the impact of the new AI Act and other aspects relevant to artificial intelligence in the context of arbitration proceedings, highlighting the advantages, challenges and risks posed by this technology. In particular, it raised the challenge associated with the increasing use of AI when risk-based regulations are on the rise. A hugely interesting topic at the cutting-edge of law and practice.   We are already looking forward to the next #SEEA conference in anticipation of equally interesting and thought provoking discussions!

Prioritising cybersecurity and adaptability is a crucial aspect of effective arbitration processes!   The third SEEA panel discussion, entitled "Technology, Confidentiality and Data Protection in Arbitration," reviewed the impact of new technologies and artificial intelligence on arbitration proceedings and legal practitioners. The recent unprecedented development of new technologies means that legal professionals must rapidly adapt to these new challenges while simultaneously protecting themselves from the potential problems that these technologies may present.   In particular, a key conclusion was that cybersecurity is of paramount importance, as even a single vulnerability can lead to significant data leaks.   The fourth panel, entitled "Monetising Awards: Valuation of Damages, Asset Tracing and Case Funding in Today's Legal Landscape," provided important insights into the assessment and recovery of costs associated with arbitration proceedings.   The panel’s discussion centred on the significance of thinking ahead, of early and consistent communication between experts, and on the importance of assumptions in the context of legal and factual issues for the experts, all of which must lead to a result that does not render the whole ordeal inconsequential (i.e. if the arbitral decision faces impossible issues in terms of actualisation).   Thank you for a memorable discussion Jurgita Petkutė Dragan Psodorov Tania Iossifova Lucian ILIE (LL.M, MCIArb) Monica Crespo Chanis Sebastian Coulon Bauer Peter Rižnik Lucian ILIE (LL.M, MCIArb) Ileana Smeureanu David Dearman Stelios Gregoriou LLM, FCIArb Tsvetelina Koleva Tobias V. Dr. Hasan Tahsin Azizagaoglu Andrew Sidaway #arbitration #conference #vienna

There is an increasing preference for arbitration as a means of resolving disputes in the SEE region! This was the key takeaway from the second panel discussion at the SEEA conference held last week in Vienna, entitled "Hot Topics in Arbitration in the SEE Region." Greece, for example, has been enforcing new rules in arbitration, allowing ex parte preliminary orders to be directly enforceable, but also challenged, in an oral hearing held within 24 hours. In Cyprus, meanwhile, significant amendments have strengthened interim measures and the enforcement of decisions, enhancing the jurisdiction’s appeal as an arbitration venue due to a its well-known favourable tax regime. Romania is also witnessing the growth of smaller arbitration institutions, while Serbia has seen a developing trend in FIDIC-based arbitration, following the recent establishment of an arbitration institution focused on construction disputes. This represents just a fraction of the highlights shared by participants in these interesting discussions and captures some of the exciting developments in arbitration occurring across Southeast Europe! A special thank you to all the panel participants Tatiana Minaeva Tatiana Chlorakiotou Iuliana Iacob Boris BAKLAJA Nikola Stambolic Haris Meidanis Wieger Wielinga

In today's complex investment arbitration landscape just how important is ESG? The first panel at this year’s SEEA Conference was entitled the Role of International Law and Treaties in the Evolving Investment Arbitration Landscape, and discussed the impact of ESG standards on arbitration proceedings. Recent trends suggest that companies are hastily attempting to demonstrate their compliance with ESG criteria, but that this often leads to errors. In addition, investor behaviour is of the utmost importance in this context and is consequently coming under close scrutiny by governments. The question of how the “S” in “ESG” fits into the existing framework for investment arbitration and how ESG standards are reflected in arbitration tribunals formed the central focus of a presentation by our Senior Partner Nenad Stankovic. The panel discussed in detail how: ·       investors’ behaviour is coming under greater scrutiny than ever before, as well as being looked at through the additional lens of ESG’s core principles; ·       counterclaims for contributory fault due to a breach of ESG standards might be seen more often in the context of investment arbitrations; ·       investment arbitration’s role in protecting investors’ rights in the midst of armed conflicts are presenting increased challenges; ·       prioritising transparency in arbitral proceedings is becoming even more vital; ·       international and local law could become more closely connected in this context; ·       it might become necessary to limit the number of cases assigned to a single arbitrator in order to ensure fair and unbiased decisions. A special thanks to all the other panel participants for their valuable contributions to a truly insightful discussion Deger Boden Stevan Dimitrijevic Agis Georgiades Natasa Lalatovic Djordjevic Mahnaz Malik Daniel F. Visoiu, FCIArb! #arbitration #conference #vienna