Banking and Finance

Our practice covers all aspects of banking and financial law. We assist local and international lenders and borrowers, including banks and other financial institutions, as well as corporations. Our banking team provides full range of legal advice in regulatory and compliance matters, including corporate governance of financial institutions and licensing requirements. The team is experienced in variety of financial transactions, such as secured and unsecured term loans, real estate financing, project financing, equipment financing, derivatives, restructuring, capital markets transactions, investment funds, securitization, etc.

Bankruptcy and restructuring

We have advised local and international clients and acted on behalf of companies facing financial difficulties, as well as creditors of distressed companies. Our practice covers all aspects of insolvency law, restructuring and liquidation. We advise on the effect of insolvency proceedings, pre-insolvency or bankruptcy proceedings, out-of-court restructurings, protection of creditors’ interests in insolvency, debt-recovery and other insolvency-related matters.

Capital Markets

We have assisted prominent international financial institutions in several large national and cross-border transactions. Our lawyers have advised on IPOs and private placements, due diligence and assistance in preparation of prospectus, underwriting agreements and other transactional documentation. We also advise on the legal aspects of financial derivatives and securitization.

Competition and state aid

We offer legal advice on all aspects of competition law to local and international clients. Our antitrust and competition team helps our clients to solve antitrust and competition issues and to implement long-term strategies to reduce their risk. We assist our clients with international and domestic transactions that include merger control proceedings in North Macedonia and represent clients before the Commission for Protection of Competition, including in complex merger control cases requiring commitments for behavioral or structural remedies, as well as in cases concerning prohibited agreements and abuse of dominant position. We also advise clients regarding state aid arrangements and represent or assist clients in procedures for obtaining and negotiating such arrangements.

Corporate

We provide support to local and international clients through all stages of the corporate lifecycle. In addition to traditional corporate legal services, we handle major local and cross-border transactions. Our team has extensive experience in incorporating new companies, branch offices and joint ventures. We draft all types of corporate documents, articles of association and charters, shareholders agreements and provide advice on shareholders’ rights, corporate management and governance, and representation at shareholders’ meetings. Our team has advised in corporate restructurings and reorganizations, capital raising and private equity work, etc.

Commercial contracts

The client base of our Law Firm includes a very diversified portfolio of industries, including construction and real estate development, health products and cosmetics, producers of cars and automotive parts, tobacco, hotels, metallurgy, mining, telecoms and media, IT and social media, retail chains and fashion brands, oil and gas, heating and renewable energy. For most of our clients we have either drafted or reviewed commercial contracts specific for their industry. This experience enables us to easily understand the client’s industry and business, and provide a timely and solid advice.

Product safety and consumer protection

We advise clients on the regulatory framework applicable for placing products on the market in North Macedonia, including product safety requirements and labeling requirements for food and non-food products, especially for fast-moving consumer goods. We also advise clients on consumer protection requirements applicable to brick-and-mortar businesses, as well as to e-commerce businesses, and represent clients before local administrative authorities and local courts regarding product safety and consumer protection matters.

Data protection

We advise clients, both domestic and international, on all aspects of privacy and personal data protection and compliance with data protection regulation. Our legal assistance in these fields covers assisting and consulting in risk identification (risk analysis, data protection impact assessment), preparing internal bylaws for technical and organizational measures for protection of personal data processing, preparing privacy notices and consent forms, contracts for personal data processing and documentation for transfer of personal data. We also assist and represent clients in procedures before the Agency for Personal Data Protection, such as registration of data controllers, data breach notifications and notifications and approvals for data transfers. Our team also assists and represents clients in data protection complaints, inspections, as well as data protection related litigation.

Employment

Our dedicated lawyers have a vast experience in matters of labor and employment law, including occupational health and safety, social security and immigration law. Our team provides legal advice and prepares all relevant documentation in connection with all aspects of the employment relationship, including recruitment, establishment and termination of employment relationships, representing the client before relevant employment and social security authorities, including for obtaining work permits for foreign workers, addressing employee privacy issues, designing and assessing various employee incentives schemes, addressing collective redundancies, dismissals, disciplinary procedures, and occupational health and safety issues. Our team also provides legal advice and prepares documentation regarding anti-discrimination and anti-mobbing rules, whistleblower protection rules, and provides representation for clients in settling or litigating employment disputes. We also have extensive experience with complex employment issues in local and international context, including secondments, as well as in expansions and reductions in the workforce linked to mergers and acquisitions, company restructuring, and outsourcing.

Energy and mineral resources

We have extensive experience in handling projects in the energy and mineral resources sector, which covers regulatory advice at all levels of industry specific activities, structuring and negotiating industry specific agreements, joint ventures, concessions and PPPs, licensing, including concessions for detailed geological explorations of minerals, and funding. Our lawyers combine their broader knowledge and understanding of company law, M&A law, regulatory compliance, real estate law and finance, when advising on the entire spectrum of energy and mineral resources matters. We have advised clients in projects concerning renewable energy generation, energy distribution to retail consumers, gasification, electricity transmission, district heating, pipelines, etc.

Intellectual property

Our IP services include registration of IP rights, drafting licensing, transfer, and other IP related agreements, conducting IP due diligence, advising on all aspects of copyright, etc. When litigation is unavoidable, our lawyers represent clients in intellectual property litigation, such as trademark infringement, patent and copyright disputes, etc.

Litigation and dispute resolution

We represent local and international, corporate and individual clients at times when litigation is inevitable. Our litigation team covers the entire range of litigation at the Macedonian courts in all instances. Our ratio of success is exceptionally positive, mainly because we provide objective assessments before proceeding to litigation. Our lawyers are also experienced in advising and representing clients in alternative dispute resolution proceedings including pre-trial settlements, mediation and arbitration. Our track record includes acting as local counsel in several international arbitrations handled by international law firms, representing in construction related disputes under FIDIC, advising on recognition and enforcement of arbitration awards.

Mergers and acquisitions

We advise on M&A transactions across diverse industries. Our M&A lawyers assist clients throughout all phases of M&A deals, drafting letters of intent and non-disclosure agreements, conducting legal due diligence and advising on transaction structure, negotiating the terms and drafting transaction documents, ensuring compliance with takeover provisions and competition, advising on different settlement methods, obtaining appropriate authorizations and closing. We have experience in national and cross-border M&A, including share and asset deals, mergers, demergers, spin-offs, takeovers, joint ventures, restructurings, etc.

Public procurement, concessions and PPP

We provide legal counsel to clients affected by public procurement rules, including concessions and public-private partnerships. We advise companies on submitting bids in public tenders and provide legal advice on issues relating to public procurement, concessions and PPP law. Our clients receive legal support on the tender process, including preparation of quotations and consortium agreements, compliance with the tender rules, legal assistance concerning the claims of non-selected tenderers, as well as advice on the legal aspects of negotiations and financing.

Real estate

We have exceptional experience and knowledge in representing clients in the utmost complex and demanding real estate transactions. We assist national and international developers, investors, banks and other property financiers, real estate funds, shopping center operators and entities involved in the construction business in relation to the purchase, development, construction, operation and financing of properties. We advise our clients through every stage of a project: acquisition of property, project development, negotiating and drafting financing agreements, preparing construction agreements, obtaining title and registration of real estate rights, cadastral records entry, privatization of land, obtaining construction permits, residential and commercial leases, and disposing of property. When inevitable, we represent our clients in property-related disputes and construction litigation.

Tax, Customs & Excise

We provide legal advice and representation of clients during inspections conducted by the local tax and customs authority, as well as legal advice and representation in other administrative and court proceedings in tax, customs and excise cases, including for interim measures and debt settlement.

Telecommunications, e-commerce and media

Our team provides comprehensive legal advice on the regulatory framework applicable to telecoms, information society services providers and media, execution of special projects, negotiating, drafting and reviewing industry specific contracts, representation before regulatory bodies, etc.