DORA unpacked: Contractual arrangements

What is DORA? DORA is the EU’s comprehensive regulation on digital operational resilience and cybersecurity for the financial sector, formally known as Regulation (EU) 2022/2554. It becomes fully applicable on 17 January 2025 and introduces harmonized rules to ensure that financial entities—and the ICT providers supporting them—can withstand, respond to

What Are the effects of the amendments to the Factoring Act?

Author: Attorney-at-law Aleksandar Popović When a discussion is opened about law being a ,,living thing”, one of the first topics is the amendment and supplementation of statutory solutions. A recent example of amendments to the Factoring Act is a proper example of how the legal system recognizes the need for

How is an unclear arbitration clause interpreted and what is the principle of effet utile?

In our case law, the Higher Commercial Court held in 2006 (Pž. 13602/2005) that the interpretation of an unclear arbitration clause—so as to ascertain the parties’ common intention to submit their dispute to arbitration—is most often carried out by applying the principle of effet utile (useful effect). As the court

The Industrial Action Plan for the automotive sector: What it means & what 2026 will bring?

In May 2025, the European Commission introduced the Industrial Action Plan for the automotive sector. This initiative did not emerge in a vacuum. It followed several years of unprecedented technological disruption, geopolitical instability, and rapidly shifting consumer and market expectations. As a result, Europe’s automotive industry finds itself navigating a

Representative office of a foreign company in the Republic of Serbia

A representative office of a foreign company constitutes its separate organizational unit that performs preliminary and preparatory activities for the purpose of concluding legal transactions on behalf of that company. It does not have legal personality and may enter into legal transactions only in connection with its current operations. The

Lawsuits due to falls on ice: Homeowners’ associations often defend themselves incorrectly

Author: Attorney-at-law Aleksandar Popović You were looking out the window at the snow-covered street. You saw someone slip and fall in front of your building. You approached and helped, waited together for the ambulance. You almost forgot about the incident—until the lawsuit arrived… Failing to clear snow in front of

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