Incoterms 101: Know Your Incoterms.

International sale of goods – Legal issues. International sales of goods are distance sales, i.e., sales are carried out by transporting goods from seller to buyer by various modes of transport. By the time certain goods reach from point A to point B, the cargo is exposed to a number

Explained: White Paper Content according to the Serbian Law on Digital Assets and the European MiCA Regulation

New Acts for New Markets…   The Law on Digital Assets has been in use on the Serbian soil for almost a year. By enacting such legislation Serbia had joined the short list of countries that have decided to regulate crypto assets. The regulation of digital assets at this level is

Financial lease agreement

Financial leasing transactions we know present-day is a popular way of financing. Even though we may track its roots to ancient eastern cultures, it was designed in developed contemporary economies, as an answer to overcoming issues related to a lack of capital in new market conditions. The financial lease agreement

Take-or-Pay Clauses in Energy Contracts

Intro  In case you didn’t hear the term before, a clear-cut explanation is that a take-or-pay clause is a contractual provision that requires the buyer to make an unconditional payment to the seller. The buyer is required to either pay the price corresponding to pre-agreed quantities and take the delivery

Partnering Up: Joint Venture Agreements

On the Legal Nature and Origin of Joint Ventures   Companies are continuously striving to gain access to new markets and sources of supply, to make better use and capitalize on technology and assets, namely, to become more profitable in every aspect of conducting business. In such circumstances, joint venture agreements

The Federal Trade Commission (FTC) v. Non-Competes: Unfair Method of Competition or a Business Necessity?

Non-Competes Explained.   Non-compete agreements can be defined as legal agreements or contractual clauses specifying that an employee cannot enter into competition with an employer after the termination of employment. It is a form of restrictive covenant, namely a clause that adds constraints to the employment contract. The reasoning behind such

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