Prica & Partners is a top-ranked, independent commercial law firm, with one of the longest traditions in Serbia and the region. Widely regarded as a leading provider of business law services, Prica & Partners offers a full-service spectrum of legal services and provides clients with specialist expertise across all areas of business law. The firm boasts over twenty legal specialists and is organised as a true partnership. Our approach is to provide in-depth professional analysis, comprehensive business law services and an integrated team approach. We are committed to our values of the highest professional integrity, mutual trust and respect and making straightforward and customised business solutions to best serve the needs of our clients.

About Prica & Partners

Founded in 1900

50 people in their team


Practice areas
Business
Lawsuits & Disputes
Employment & Labor
Immigration
Intellectual Property
Real Estate
Bankruptcy & Debt

Languages spoken
Serbian
English

Social media

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Practice areas

Business

Over 100 Years of Experience in Corporate Law

In the area of corporate law, no Serbian law firm has more experience than we do. We provide expert advice on all types of corporate law issues. Our team supports clients throughout their most complex business transactions. By combining knowledge and rich experience, we help organisations make the right decisions to support their business strategies.

We represent both Serbian and international companies on all types of corporate law issues, including corporate and commercial transactions, incorporation matters, contract drafting and review, corporate governance issues, shareholder matters, capital transactions, restructuring and divestments. Our cohesive team of experts works closely with ancillary practices to offer our clients a 360-degree view of business risks and opportunities and to provide clients with pragmatic and innovative solutions to complex situations.

Premium Legal Services in the Past, Present and Future

Our rich history and long tradition means that our firm has been involved in numerous ground-breaking transactions. Having advised on many market firsts, our firm has helped transform the Serbian market into a modern and attractive business environment for foreign investment. We advise corporates, private equity investors and venture capitalists on complex public and private transactions, acquisitions and business transfers. We offer expeditious and efficient project management for strategic acquisitions, leveraged buyouts and public bids. Our team handled the first privatisation to take place in Serbia and we were subsequently involved in most of the major privatisations to take place in our market. Our clients span across both the public and private sectors and represent the entire spectrum of industry sectors, including financial services, private equity, telecommunications, energy, media, technology and hospitality.

Our team is able to support the regional needs of our clients through our membership in the regional network Lawyers & Friends – SE European Legal Network. We are able to offer support in the cross-border requirements of any transaction and to coordinate the regional intricacies of corporate projects.

Major Projects

  • Republic of Serbia in cooperation with Lazard Frères – advice on the largest privatisation project to date in Serbia for the sale of a majority share in the incumbent telecom, Telekom Srbija a.d.;
  • Deutsche Bank – advice in connection to the potential financing of the first IPO of the Serbian agribusiness company MK Group, to be listed on the London Stock Exchange;
  • Istrabenz  – advice on the Serbian law aspects of the EUR 382 million sale of Droga Kolinska, a majority shareholder in three major Serbian food and beverage factories to the Croatian company Atlantic Grupa;
  • STRABAG SE – advice regarding the potential acquisition of a majority share in a large publicly owned joint stock company active in road construction projects;
  • Gucci – advising the member of the Kering Group on the acquisition of Fabrika Koze Ruma via court sale of assets in bankruptcy;
  • Gazprom Neft – advice in the acquisition of the majority stake in the incumbent petroleum company NIS.
Administrative
Aviation
Banking & Finance
Board of Investment (BOI)
Business Registration
Contract
Due Diligence
Employer
Environment
Franchising
International
Investment
Legal Document
Licensing
Merger & Acquisition
New Business Formation
Office Solutions
Oil, Gas & Energy
Securities
Tax

Lawsuits & Disputes

A Reputation for Excellence

Our dispute resolution practice has a strong reputation for the effective resolution of corporate disputes. Our team has deep experience and extensive expertise in international and domestic arbitration, corporate litigation and cross-border disputes.

It is always preferable to resolve disputes out-of-court, however when court is unavoidable, our team of litigation, arbitration and sector specialists provides unrivalled guidance on all types of commercial disputes. We always strive to give our clients solution-oriented advice that will produce the most favourable outcome for their business.

Arbitration

Our legal specialists particularly focus on international arbitration. We handle ICC, UNCITRAL and LCIA arbitrations and have successfully represented clients before some of the main international and domestic arbitration institutions and ad hoc tribunals. We represent leading corporates, states and public enterprises in some of the most complex and high-profile disputes in our market. Our team has a proven track-record and unrivalled, long-standing experience.

Litigation

We have a team of experienced litigators that is equipped to handle the most complex and paper-heavy disputes. We represent domestic and international companies and authorities across various industry sectors, including finance, real estate, technology, energy, pharmaceuticals and manufacturing. We take a commercial approach to the resolution of disputes and work swiftly to familiarise ourselves with complex facts and the economic and technical nature of our clients’ business. We manage the entire dispute process, from risk management and assessment to the legal position of our client, the claim, correspondence and negotiations to enforcement. We also have substantial experience handling extremely sensitive enforcements of foreign judgements and arbitral awards in Serbia.

Multi-disciplinary Expertise

Our skilled team of litigators work with ancillary practices to offer multi-disciplinary support on labour disputes, competition litigation, distressed transactions, IP-related disputes and tax disputes. With specialists in all areas of law, we are able to provide outstanding commercial legal service. Our firm is a member of Newton Arbitration, an international arbitration think tank and professional resource for arbitration professionals. We also maintain strategic of counsel relationships with the top criminal lawyers in Serbia to support our clients’ needs in corporate crime and white-collar matters.

Major Projects

  • AstraZeneca – representation in several proceedings before the relevant Serbian Courts;
  • Chrysler – representation in litigation proceedings before the relevant Serbian Court;
  • Mytilineos SA vs. Republic of Serbia – representing a Greek company Mytilineos SA in UNCITRAL arbitration proceedings on the basis of a Bilateral Treaty on the Protection of Investments;
  • Shell Belgrade – representation before the Permanent Arbitration Court of the Serbian Chamber of Commerce as the Defendant;
  • Aerovista FZE – represented Aerovista FZE as the Plaintiff in an arbitration case concerning aviation law before the Foreign Trade Arbitration Court of the Serbian Chamber of Commerce.
ADR Mediation & Arbitration
Appeal
Class Action
Litigation

Employment & Labor

Managing Complex, Strategic Employment Issues

Workforce issues are some of the most complex and important matters facing any organisation as they can impact productivity and undermine workplace culture. Our employment team is well-known for providing practical advice and top-notch service. We advise on employment issues arising from acquisitions, the establishment or termination of employment, restructuring programmes, compensation policies, benefits packages, disputes, and the employment of foreign nationals. With many clients, we have an ongoing relationship and regularly assist with their daily employment issues.

Responsive Lawyers – Out-of-the-box Solutions

We have extensive experience in tackling our clients’ complicated employment challenges. As a result, key executives and HR professionals rely on us to help them resolve workforce issues quickly, efficiently and sensitively. To help our clients stay on top of changing legislation and to ensure compliant behaviour in their employees, we regularly work with clients to provide in-house training and seminars on labour law-related matters.

Translating Commercial Issues into Legal Framework

Drawing from in-depth knowledge of domestic employment regulations, we help our clients manage their most sensitive matters, including drafting and negotiating employment agreements, drafting employment policies and procedures such as incentive programmes and workplace harassment policies, managing employee redundancy schemes and reorganisations. We advise and negotiate collective agreements and manage labour union relations. Our team seamlessly manages high stakes employment disputes and is committed to meeting our clients’ highest standards.

In doing business internationally, many clients appoint foreign nationals to key positions within their Serbian subsidiaries and our employment and immigration experts have the experience and expertise to ease their transition by assisting with domestic work permits, residency permits and tax support.

Major Projects

  • Cisco – assistance with conducting HR compliance and day-to-day employment issues;
  • NCR Corporation – providing legal assistance on issues related to termination of employment, transfer to other workplaces, enforcement proceedings in the case of mobbing by the employer (all steps up to engagement of an external mediator);
  • Japan Tobacco Inc. – advising on the introduction of a global employee share purchase plan and on the legal implications if the client’s local employees invest a portion of their salary in JT-shares;
  • CJR Renewables – providing assistance to a Portuguese client engaged in civil construction works and installation of a wind farm with all legal requirements for employing around 30 workers from abroad;
  • Amazon – providing legal service in relation to legal, tax and regulatory considerations of client offering restricted stock units (“RSUs”) to it employees in Serbia;
  • Representing WizzAir, Trelleborg, Gucci, ProCredit Bank in several court proceedings arising from labour disputes related to the termination of employment, redundancy, claims based on unlawful treatment, compensation claims, mobbing cases, whistleblowing, etc.
Employment Rights
Hiring & Firing
Job Discrimination
Labor Law
Pension
Retirement
Sexual Harassment
Social Security
Wage & Hour
Wrongful Termination

Immigration

Managing Complex, Strategic Employment Issues

Workforce issues are some of the most complex and important matters facing any organisation as they can impact productivity and undermine workplace culture. Our employment team is well-known for providing practical advice and top-notch service. We advise on employment issues arising from acquisitions, the establishment or termination of employment, restructuring programmes, compensation policies, benefits packages, disputes, and the employment of foreign nationals. With many clients, we have an ongoing relationship and regularly assist with their daily employment issues.

Responsive Lawyers – Out-of-the-box Solutions

We have extensive experience in tackling our clients’ complicated employment challenges. As a result, key executives and HR professionals rely on us to help them resolve workforce issues quickly, efficiently and sensitively. To help our clients stay on top of changing legislation and to ensure compliant behaviour in their employees, we regularly work with clients to provide in-house training and seminars on labour law-related matters.

Translating Commercial Issues into Legal Framework

Drawing from in-depth knowledge of domestic employment regulations, we help our clients manage their most sensitive matters, including drafting and negotiating employment agreements, drafting employment policies and procedures such as incentive programmes and workplace harassment policies, managing employee redundancy schemes and reorganisations. We advise and negotiate collective agreements and manage labour union relations. Our team seamlessly manages high stakes employment disputes and is committed to meeting our clients’ highest standards.

In doing business internationally, many clients appoint foreign nationals to key positions within their Serbian subsidiaries and our employment and immigration experts have the experience and expertise to ease their transition by assisting with domestic work permits, residency permits and tax support.

Major Projects

  • Cisco – assistance with conducting HR compliance and day-to-day employment issues;
  • NCR Corporation – providing legal assistance on issues related to termination of employment, transfer to other workplaces, enforcement proceedings in the case of mobbing by the employer (all steps up to engagement of an external mediator);
  • Japan Tobacco Inc. – advising on the introduction of a global employee share purchase plan and on the legal implications if the client’s local employees invest a portion of their salary in JT-shares;
  • CJR Renewables – providing assistance to a Portuguese client engaged in civil construction works and installation of a wind farm with all legal requirements for employing around 30 workers from abroad;
  • Amazon – providing legal service in relation to legal, tax and regulatory considerations of client offering restricted stock units (“RSUs”) to it employees in Serbia;
  • Representing WizzAir, Trelleborg, Gucci, ProCredit Bank in several court proceedings arising from labour disputes related to the termination of employment, redundancy, claims based on unlawful treatment, compensation claims, mobbing cases, whistleblowing, etc.
Asylum
Business Visa
Canada Startup Visa
Citizenship
Citizenship by Investment
Dependent Visa
Golden Visa
Permanent Residency
Residence by Investment
Retirement Visa
Thailand Elite Visa
Work Permit

Intellectual Property

Protecting Global Brands

Our intellectual property practice puts a business take on traditional intellectual property protection services. We offer a full range of services for the protection, enforcement, defence, acquisition and the commercial exploitation of intellectual property rights. Our versatile team has interdisciplinary skill-sets that ensure our clients receive the tailored, cutting-edge legal services that they would expect from a leading business law firm.

We cover all the IP needs of our clients in the areas of protection, commercialism and enforcement. Our wide range of intellectual property services includes assistance in areas ranging from trademark registration, copyright protection, trade secrets, counterfeiting, piracy, IP disputes, enforcement, advanced technology solutions and IP portfolio auditing. Our intellectual property team specialises in IP transactional work and we provide full support on pre and post transactional IP services and are fully equipped to provide a thorough IP due diligence investigation.

Strategically Applied Solutions

Our legal experts have in-depth knowledge of domestic advertising and marketing laws and their commercial implications in industries such as telecommunications, pharmaceuticals, healthcare, energy and technology. This commercial understanding is strategically applied to commercial agreements and other IP intensive business operations.

Clients recognise our expertise in this field and value our long-term commitment to the protection of their brand integrity, along with our unique commercial solutions. We are perfectly placed to handle regional IP projects through our membership in “Lawyers & Friends – SE European Legal Network”.

Major Projects

  • Cisco – advising on all trademark protection issues in Serbia, including necessary registrations processes;
  • Gruppo Coin – representing in trademark infringement litigation before the Commercial Court of Belgrade;
  • Sindenor Group – advising on all trademark protection issues in Serbia, including necessary registrations processes;
  • Grand kafa – establishment of a negative pledge over the trademark in relation to IFC loan.
Copyright
Patent
Trademark

Real Estate

Top Legal Advisory for Property Transactions

Real estate is an essential part in today’s business environment and can ultimately determine the success or failure of any commercial operation. By grasping the core of the matter, our dedicated real estate experts are able to suggest appropriate and intelligent solutions for our clients and advise them on the entire real estate life-cycle. Real estate funds, developers, institutional investors and corporations alike trust our client-centric approach that ensures that their underlying business strategy has been taken into consideration for every matter.

International Capability with Local Insight

Our real estate experts handle all matters related to the development and maturation of a property all the way to the final exit, including sound legal advice in relation to acquisitions and joint ventures, investment structures, FIDIC agreements, financing, licensing, property disputes, and planning and construction projects. The team has profound knowledge of all particularities of each property type and is therefore ideally positioned to give tailored advice on any kind of industrial, residential, retail or multi-purpose real estate. Our counsel is regularly sought after in regards to the largest and most complex real estate transactions in our market.

Cross-border Competence

Our real estate team works closely with colleagues from our corporate, banking and finance, dispute, energy, infrastructure and tax practices to ensure smooth, seamless service during transactions. Our team offers insight into the available tax benefits for real estate investments along with advice on how to capitalise on it. Our regional relationship with “Lawyers & Friends – SE European Legal Network” gives us the ability and resources to manage cross-border transactions and multi-jurisdictional acquisitions.

Major Projects

  • Advising an international consortium regarding a tender procedure for a concession for the development, maintenance and management of the Belgrade Airport Nikola Tesla;
  • Advising Trelleborg Wheel System on the construction of new production facility in Ruma;
  • IKEA – advice on the potential purchase of several land sites in Belgrade and Novi Sad. Services included negotiations with prospective sellers and city authorities to resolve the legal status of individual land plots of interest;
  • Private owner – advice on the lease of luxury property for adaptation into a newly established four-star hotel in the Belgrade city centre;
  • Advising CJR Renewables on various energy related construction projects, including a number of BOP and EPC contracts.
Brokerage
Commercial Real Estate
Foreclosure
Housing, Construction & Development
Land Use & Zoning
Landlord & Tenant
Mortgage
Real Estate Contracts and Negotiations
Real Estate Due Diligence

Bankruptcy & Debt

Effectively Minimise Losses

Having the right legal team at your side can really impact your bottom line during times of financial crisis. Our legal specialists render all types of legal services to public and private companies on insolvency, reorganisation and restructuring matters. We have extensive experience in domestic restructuring and insolvency matters and our comprehensive advice helps clients navigate through complex situations and financial distress.

We represent domestic and foreign debtors, creditors and investors across a wide range of industries, including retail, real estate, healthcare, manufacturing and construction. Our expertise includes advising on a variety of issues regarding corporate restructuring, workouts, bankruptcy administration, liquidation, enforcement of pledges, insolvency issues and proceedings, as well as the dissolution of companies.

Strong Partner for Restructuring and Insolvency Work

Our team specialises in representing financial institutions and other debt holders on all aspects of financially distressed situations, and our unrivalled experience ensures that proceedings are efficient and the creditors receive the best possible outcomes. Our lawyers are adept at handling the most demanding situations, which require complex legal consideration and represent significant financial risk for the involved parties. We have dealt with some of the largest and most high-profile bankruptcy, pre-packaged, and out-of-court restructuring cases in Serbia and Montenegro that involved many affected parties and complex legal issues. Our team also has substantial experience in handling particularly sensitive enforcements of foreign judgments and arbitral awards in Serbia. A proven track record advising on many landmark cases are a testament to our expertise and the foundation of our outstanding reputation.

Our restructuring and insolvency team works closely with colleagues from the banking and finance, corporate, dispute resolution and tax practices to provide a full-service offering to our clients.

Major Projects

  • IFC – advising this leading international financial institution on major restructuring and bankruptcy proceedings in Serbia for the purpose of recovering:
    • over EUR 90 million from Concern Farmakom MB and seven of its wholly owned subsidiaries
    • over EUR 50 million from Victoria Group (major agricultural concern in Serbia consisting of 7 companies)
  • Mercator – advising the leading retailer on debt restructuring for its Serbian and Montenegrin subsidiaries within a wider group debt restructuring. This was also one of the largest restructurings in the region to date;
  • Active involvement on the creditors side in some of the largest bankruptcy proceedings in Serbia, including: Jugobanka, Sartid, Interkomerc and Beohemija.
Bankruptcy
Credit Repair
Creditor
Debt & Collection

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