Claim for Payment of Debt Denominated in Foreign Currency

It is not uncommon for monetary obligations to be contracted in a foreign currency, even when both parties are domestic individuals or business entities registered in the Republic of Serbia. However, in such situations, the question arises whether the creditor of a foreign-currency claim is entitled to request payment in the foreign currency itself or in the dinar equivalent. In accordance with Article 395 of the Law on Obligations (“LO”), if a monetary obligation is denominated in a foreign currency or in gold, its fulfilment may be requested in domestic currency according to the exchange rate applicable at the time...

PR Legal for CEE Legal Matters: Can Assets Be Traced in Serbian Insolvency Proceedings?

Our Senior Partner, Dr. Ivan Todorović, authored an article for CEE Legal Matters titled Where Did the Assets Go? Asset Tracing Tools in Serbian Insolvency Practice. In this text, Ivan explains how asset tracing works in Serbian insolvency proceedings — from the use of public registries and access to data held by banks and other institutions, to the application of court measures that prevent the dissipation of assets. The article outlines the steps available to creditors and insolvency administrators when they suspect that assets have been concealed or transferred. You can read the full article at this link. CEE Legal...

PR Legal at the First Lex Summit on Kopaonik

From 30 November to 3 December 2025, the first Lex Summit conference was held, organized by Paragraf Lex, a leading local company in legal databases, professional publishing and legal information services. Kopaonik once again brought together a large number of experts from various fields of law, as well as legal professionals from across the country, providing a platform for sharing experiences, discussing current challenges and presenting relevant practices. As part of the panel HR Compass, our Managing Partner Ivana Ružičić delivered a presentation on Personal Data Processing in Employment Relations, with a Focus on Termination Procedures, illustrating practical examples and...

Text and Data Mining Limitation in Practice: Judgment GEMA vs. Open AI

Earlier this month, we wrote about the challenges of Text and Data Mining (TDM), which you can read about in the article New Rules of the Game: How the Italian AI Framework Act Redefines the Boundaries of Text and Data Mining Limitations in Copyright Law. Italy is thus the first EU Member State to adopt concrete measures by formulating a legislative framework through the enactment of a comprehensive Artificial Intelligence Act, which also introduced changes in the field of TDM limitations. Unlike Italy, the German court, only one month later, in the judgment in the case GEMA vs. OpenAI, had...

Is It Possible for an Employee to Be Terminated Twice Under the Same Employment Contract?

The question in the title of this article may seem absurd at first glance, but labor law practice is familiar with such situations. An employment does not represent a classic contractual relationship between two contracting parties. It is a complex relationship, especially when decisions of the employer, court, and other authorities intersect within it. Whether this is legally correct or a procedural error is a question that opens a number of interesting dilemmas. How does such a situation arise? In the event of termination of employment, the employee has the right to initiate a lawsuit before the competent court against...

Employees’ Right to Personal Data Protection After Termination of Employment: Analysis of the Practice of the Belgian and Italian Data Protection Authorities

A data subject has the right to access and protect their personal data processed by another party, as guaranteed by both the EU General Data Protection Regulation (“GDPR”) and the national legislation of EU Member States. This right is unquestionably exercised during the employment relationship, but recent practice confirms that issues concerning the right of access, erasure, and restriction of processing do not automatically end with the termination of employment. This article analyzes two decisions of European data protection authorities: Belgian GBA/APD, No. 158/2025, dated 7 October 2025, and Italian DPA, No. 10162267, dated 10 July 2025.  Case Background  In...

New Rules of the Game: How the Italian AI Framework Act Redefines the Boundaries of Text and Data Mining Limitations in Copyright Law

The exceptions permitting automated analysis (mining) for the training of AI models, introduced by the Directive on Copyright in the Digital Single Market back in 2019, are today gaining increasing importance. The aforementioned Directive introduced two limitations for the purposes of Text and Data Mining (TDM): The exception in favour of research organizations and cultural heritage institutions enabled the reproduction and extraction of data carried out by research organizations and cultural heritage institutions for the purpose of the automated processing of text and data for scientific research in works or other subject matter to which they have lawful access; and...

Transfer of Personal Data Between the EU and the U.S.: The General Court of the EU Upholds the New Adequacy Decision

The General Court of the European Union recently issued a judgment in Latombe v. European Commission, dismissing the action for annulment of the European Commission’s Decision on the Adequate Level of Protection of Personal Data in the United States (“Adequacy Decision”). The Court thereby confirmed that, at the time of its adoption, the United States ensured an adequate level of protection for personal data transferred from the European Union to organizations in the U.S. We previously analysed the adoption and significance of the Adequacy Decision in one of our earlier articles. The judgment of the General Court represents the first...

Registration of Beneficial Owners: What You Need to Know About the New Obligation to Upload Documentation

The Ministry of Economy of the Republic of Serbia adopted on October 13th the Guide for Recording the Beneficial Owner of a Registered Entity in the Central Registry (“Guide”). The Guide clarifies the application of the Law on the Central Registry of Beneficial Owners (“Official Gazette of RS”, Nos. 19/25, 51/25, 60/25) (“Law”), which has been in force since October 1, 2025. Although, by its nature, the Guide should clarify the procedures and rules established by the Law, it appears that the Guide goes beyond this, further tightening certain obligations or their aspects. Additionally, in practice, there have been observed deviations from...

Final Preparations for the Introduction of the E-Delivery Note System in Serbia: Amendments to the Law Announced

Throughout 2024, the competent authorities initiated activities aimed at establishing the E-Delivery Note System. These efforts resulted in the adoption of the Law on Electronic Delivery Notes (“Law”) at the end of the same year, which we discussed in one of our earlier articles (link), as well as in the adoption of the Rulebook on Electronic Delivery Notes, enacted in March 2025, also covered in our previous article (link). In parallel, the Ministry of Finance launched a DEMO version of the E-Delivery Note System, with the goal of allowing future users to familiarize themselves in due time with its functionality...