Invitation to SELA Webinar: CHALLENGES IN DEVELOPING RENEWABLE ENERGY SOURCES PROJECTS IN SOUTHEASTERN EUROPE
On 9 November 2022, our of counsel, Sara Vrhunc, attorney-at-law was a guest lecturer for the students of the Faculty of Law, University of Ljubljana, in the course “Commercial Law and Procedure” at Master’s study programme in Law. Sara gave lecture on the topic “Representation of a client in (commercial litigation) – selected issues of procedural law”.
The latest Grimaldi Alliance Newsletter covers, amongst others, (i) Competition law and State Aid matters, (ii) Trade and Russia restrictions, (iii) Energy and Green Deal, (iv) Banking & Finance, (v) EU funds and RFF, (vi) Life Sciences, and (vii) Data, IP, and Privacy. In addition, read the latest Grimaldi Alliance client alert report on EU Funds.
There has been a long-standing debate in academic circles about the real purpose of companies. The classical approach, which has also been adopted by Slovenian legislator, emphasises that the purpose of companies is to carry out exclusively profit-making activities in order to realize a profit (Article 4(1) and (2) of the Slovenian Companies Act; ZGD-1). Hence, in Slovenia we have enacted a theoretical approach that emphasises the benefits of shareholders (shareholder theory). A new theory, however, emphasises that companies shall not solely pursue benefits of their shareholders but must also consider benefits of all stakeholders, including employees, suppliers, NGOs and the wider community (stakeholder theory).
Novelties in Slovenian legislation: Act determining the aid to the economy due to high electricity and natural gas prices
On September 10, 2022 the new Act determining the aid to the economy due to high electricity and natural gas prices (Official Gazette of Republic of Slovenia, No. 117/22) entered into force. The Act was prepared by the Ministry of Economic Development and Technology and aims to help companies in mitigating the effects of high prices on this year’s operations.
The latest report on business opportunities in the Southeast Europe is available. Sectors covered are banking and finance, insurance, telecommunications, energy, infrastructure, tourism, natural resources and real estate, making it a great informative material on current opportunities within the SELA member countries. .
IFLR1000 just announced their guide and ranked KIRM PERPAR as one of world’s leading financial law firms. They are the only international legal directory dedicated to ranking law firms and lawyers on the basis of financial and corporate transactional work, covering over 120 jurisdictions all over the world.
As the invasion of Ukraine continues for the fourth month, the European Commission adopts the sixth package of restrictive measures against Russia. Together with the previous five packages, the sanctions are designed to further increase economic pressure on Russia and undermine its ability to wage its war on Ukraine. The sixth package also imposes further sanctions against Belarus for its involvement in the aggression.