Origin of the Golden Parachute clause The concept of the golden parachute originates from the wave of hostile takeovers of companies during the 1980s. This period was marked by so‑called ‘corporate raiders’, who imposed takeovers of companies by acquiring large blocks of shares, often accompanied by the removal of existing

Author: Attorney-at-law Aleksandar Popović Auctions are a multiple source of excitement: besides activating emotions that the very nature of competition provokes, eventual victory or acquisition of an item at a lower price than the market brings special joy. What can stand in the way of that joy, we reveal below.

Let us start with the basics – what is a copyright work? Articles 2–6 of the Law on Copyright and Related Rights explain what is considered a copyright work – it is defined as the author’s original intellectual creation, expressed in a certain form, regardless of its artistic, scientific, or

When reviewing the Law on Obligations, toward the end, under the section on loan agreements, we find the provision of Article 1068(2), which states that the borrower may repay the loan before the term stipulated for repayment, but is obliged to notify the bank in advance. Paragraph 3 of the

Members of a company have the right to access the company’s acts and documents, and that procedure is regulated by the provisions of the Companies Act. A member of the company submits a written request to the company with the mandatory elements of the request (Art. 81 para. 2), and

‘The possibility that the person naming the price can be forced either to buy or sell keeps the first mover honest’ – this is how Judge Easterbrook explained this mechanism in a decision of the U.S. Court of Appeals (Valinote v. Ballis, 295 F.3d 666, 667; 7th Cir. 2000). Introduction