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NSTLAW Advises EBRD on Business Re-Organisation Assessment

NSTLAW Advises EBRD on Business Re-Organisation Assessment

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NSTLAW has advised the EBRD on preparing a Business Re-organisation Assessment for Montenegro.

According to NSTLAW, “this assessment focusses on the re-organization procedure according to Montenegrin legislation. In this way, the bank and investors are informed about what they can expect when investing in a company in reorganization. According to the assessment, the average duration of business reorganization in Montenegro is from six to nine months. Further, according to the data available from the website of the Commercial Court in 2020, there were 437 initiated bankruptcy proceedings, while there is no indication of the number of initiated re-organization proceedings.”

NSTLAW’s team included Partner Nenad Stankovic, Junior Associate Jelena Zivkovic, and Legal Trainee Teodora Markovic.

Montenegro Knowledge Partner

Law office Vujacic was founded in 1971, and in that time it was one of the first law firms in Montenegro. Today it is a modern business law firm with a long and proud tradition of supporting clients by high quality legal services in all areas of corporative, civil and commercial law. 

Our team of lawyers has shown a great success in areas such as: Mergers & Acquisitions, Telecommunications/Media, Intellectual Property, Administrative Law, Corporate Law, Finance Law, Competition Law, Real Estate, Dispute Resolution, Employment, Tax issues etc. 

As local counsel we have wide experience in all aspects of private and public corporate acquisitions and privatization. Our activities range from conducting due diligence reports, negotiations, preparing security documents and legal opinions.

The guiding principles of our Office are quality, confidentiality, efficient, timely, and cost effective services. We provide efficient legal representation to our clients both on regional and international levels.

All News about, and Legal Analysis by, Law office Vujacic can be found here.

Firm's website: http://www.lawoffice-vujacic.com/


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