{"title":"Dužnosti direktora u održivom korporativnom upravljanju","authors":"Milena Mitrović","doi":"10.55836/pip_23308a","DOIUrl":"https://doi.org/10.55836/pip_23308a","url":null,"abstract":"The author addresses the issue of directors’ duties in the context of sustainable corporate governance. The Proposal for a Directive on Corporate Sustainability Due Diligence provides for an extension of the duties of the director, which implies that the director takes into account sustainability issues, including human rights, climate change and environmental impacts. In this way, the director’s duty of care would be harmonised at EU level, which has not been the case so far due to the existence of different concepts of the director’s duty and the company’s interest in the member states. The Proposal was preceded by a Study on Directors’ Duties and Sustainable Corporate Governance. The Study was heavily criticised. The Study proposes a reform of directors’ duties which, if adopted in its current form, could have far-reaching consequences for corporate governance. The paper also looks at the possible consequences of a change in the director’s duty of care in the way provided for in the Proposal for a Corporate sustainability due diligence directive. Finally, the paper considers whether it is appropriate to harmonise directors’ duties at EU level.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135966065","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Kritički osvrt na tumačenje o subjektivnoj prirodi opšteg osnova ugovorne odgovornosti","authors":"Ivan Raičević","doi":"10.55836/pip_23312a","DOIUrl":"https://doi.org/10.55836/pip_23312a","url":null,"abstract":"Inspired by the different theoretical positions from which he was taught by the professors in the subjects of Obligation Law and Commercial Law, as a student of the third and fourth year of studies, the author critically analyzes the argumentation according to which contractual liability is a subjective one and tries to answer the question of whether that argumentation fully supports the conclusion of debtor’s fault as a general basis of contractual liability. In this context, the author analyzes not only the Obligation Relationships Act , but also individual solutions from the Draft of the Serbian Civil Code as well as the Draft Code on Obligations and Contracts of 1969 (in Serbian: Skica za zakonik o obligacijama i ugovorima). Also, the author analyzes provisions of the UN Convention on the International Sale of Goods in the context of the application of the aforementioned argumentation. After considering the positions present in the legal theory, the author concludes that the mentioned interpretation is inconsistent and based on unstable, unreliable and legally uncertain foundations.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135967351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Unitarna patentna zaštita – izazovi početka primene Sporazuma o Jedinstvenom patentnom sudu","authors":"Jelena Ćeranić Perišić","doi":"10.55836/pip_23303a","DOIUrl":"https://doi.org/10.55836/pip_23303a","url":null,"abstract":"On June 1, 2023, the Agreement on the Unified Patent Court (UPC) entered into force. The Agreement was signed ten years ago, and the work on unified patent protection began more than a half century ago. Therefore, the beginning of implementation of the Agreement is compared to the light at the end of the tunnel. It remains to be seen how long the tunnel is and what is that light. The paper seeks to shed light on the beginning of the implementation of the Agreement and its challenges. First, the reasons for delaying its entry into force are discussed. Then the structure of the UPC and the appointment of judges are presented. Thereafter, the complexity of the unitary patent protection is analyzed. Finally, the unitary nature of the protection is considered in order to examine whether the unitary patent protection contributes to reducing the fragmentation of the European patent landscape.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135966062","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pravo člana društva na naknadu refleksne štete: Uporedno-pravna i pozitivno-pravna analiza","authors":"Jovana Veličkovic","doi":"10.55836/pip_23307a","DOIUrl":"https://doi.org/10.55836/pip_23307a","url":null,"abstract":"The subject of the analysis is shareholder’s right to compensation for reflexive loss that occurs in its property due to the deterioration of the action taken against the company. While most rights adopt the so-called principle of prohibition of compensation for reflexive loss, this right is recognized in investment arbitration disputes. The paper aimed to determine the position of Serbian law concerning the observed conflict of rights. In Serbian law, the shareholders may have the right to claim compensation for reflexive loss if such a claim follows the principle of integral compensation for damages. In this respect, Serbian law is more favorable to the approach of tribunals in investment arbitrations than national laws. The approach of Serbian law should be maintained, taking into account all criticisms of the course that recognizes this right of shareholders to achieve the functions of tort and company law ultimately.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135967106","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Značaj preventivnih mera za odvraćanje od zloupotrebe dominantnog položaja","authors":"Sanja Danković Stepanović","doi":"10.55836/pip_23301a","DOIUrl":"https://doi.org/10.55836/pip_23301a","url":null,"abstract":"Subject of this paper is an analysis of the risks of a competition infringement in the case of a dominant position on the market at all development stages. The aim of the paper is to present a tripartite model of analysis, which, apart from the sanctioning of the infringement, assumes firstly synchronisation of carrying out business activities with the rules of protection of competition on the part of the market participant, as well as the possibility of a compromise on the situation when the research procedure has already been started. It is concluded that in the case of crossing the permitted dominant position at a market into prohibited abuse, having in mind a situation where there are no stable rules for assessment, ex ante approach is of great significance. The market is moving backwards, from sanctioning behaviour to preventive behaviour and a more significant position of the market participant in a role of estimation of the level of risk of the competition infringement.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135966067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Osnovi prestanka trgovinskih ugovora u srpskom pravu","authors":"Katarina Jovičić","doi":"10.55836/pip_23305a","DOIUrl":"https://doi.org/10.55836/pip_23305a","url":null,"abstract":"The paper presents the grounds for terminating commercial contracts according to the rules of the Law on Obligations. Bearing in mind that trade contracts are bilaterally binding, they terminate upon the special rules of the Law for mentioned group of contracts which include: fulfilment of all contractual obligations as stipulated, termination of a contract, impossibility of performance and judicial termination of the contract due to changed circumstances. The paper also discusses the situation of execution of a void contract because of their rescission arise the same questions. Finally, starting from the fact that contract is one among several sources of obligations, the general rules of the Law for the termination of obligations regardless of the source of their origin are considered too, as they, under certain circumstances, can lead to contract termination. The analysis of each ground could be the subject of separate scientific work and in domestic literature, they are frequently treated in this manner. In contrast, the possible grounds for terminating the contract are systematically presented here, as well as the effects resulting from that. In this work, this issue is presented in a rounded and comprehensive way that is justified by the fact that the legal rules regulating contract termination are not systematized in one place in the Law of Obligations which may make their application more difficult. This approach is justified by the fact that the legal rules regulating contract termination are not systematized in one place in the Law of Obligations and that complicates their application. The paper aims to contribute to the prevention of disputed situations in the execution of contracts, that is, to the proper application of the law in the process of resolving them.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135967348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dejstvo prorogacione klauzule u ugovorima o osiguranju velikih rizika – Odluka Suda pravde Evropske unije u predmetu Balta","authors":"Mirjana B. Glintić","doi":"10.55836/pip_23212a","DOIUrl":"https://doi.org/10.55836/pip_23212a","url":null,"abstract":"For the last couple of years ECJ`s point of view is that forum selection clause is not legally binding for the insured. Main reason for that is the need for protection of the weeker party. Тhis standpoint also found its place in the ECJ’s decision in Balta case, which concerned large risk insurance. Terefore the author devotes central part of the paper to the analysis of disputed aspects of this decision. Main shortcoming of the Court’s reasoning is the neglect of the fact that it is third-party insurance of large risks. The author points out two practical consequences of this decision. The frst is refected in the additional limitation of the autonomy of the will in contractual insurance law. Another consequence is an increase of premiums. To conclude with, the author shares the thoughts on „circumventing“ of this legally binding decision.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134192608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pravni tretman insajderskih informacija prema novom zakonu o tržištu kapitala","authors":"Marina Vranić","doi":"10.55836/pip_23220a","DOIUrl":"https://doi.org/10.55836/pip_23220a","url":null,"abstract":"The legal treatment of insider information must be carefully and precisely determined, given the considerable number of specifcs that accompany insider information and the multiple legal and economic consequences of its misuse. To the one who possesses it, insider information provides a signifcant advantage in terms of the disposal of the fnancial instruments to which it relates, in relation to investors in the same instruments to whom they are unknown. Since the advantage is based on an unjustifed information asymmetry, insider trading is an unfair market action, which requires a strong legal response in the form of a ban and adequate sanctions in case of ignoring it. The new Law on the Capital Market, the implementation of which has begun on January 6, 2023, brings certain changes in the legal treatment of insider information. Although the essence of the regulation of this institute remains the same, there is a noticeable harmonization of the regulations in this area with the regulations that exist within the framework of European Union law. The aim of this work is to analyze the current solutions, especially pointing out the introduced changes. The application of the comparative law method also contributes to the research results.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"46 5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124664548","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Egzoneracione klauzule u srpskom pravu","authors":"Ksenija Džipkovic","doi":"10.55836/pip_23215a","DOIUrl":"https://doi.org/10.55836/pip_23215a","url":null,"abstract":"The author analyses approach of Serbian applicable law in terms of the clauses used for excluding or limiting contractual liability (exoneration clauses). The introductory part of the paper defnes exoneration clauses and presents their advantages as well as the risks they might cause. The following part presents their historical development, which shows that the legislator did not always look favourably on the possibility to exclude or limit the contractual liability. Since the applicable law allows the possibility of contracting exoneration clauses, but with certain limitations, the main part of the paper is dedicated to the analysis of the prescribed limitations. The author tries to offer solutions to theoretical and practical problems regarding the (in)validity of exoneration clauses.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132281408","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Primena medijacije kod restrukturiranja","authors":"Đuro M. Đurić, Vladimir M. Jovanović","doi":"10.55836/pip_23210a","DOIUrl":"https://doi.org/10.55836/pip_23210a","url":null,"abstract":"In order to improve business and overcome dificulties, business entities resort to various measures. They can be carried out within or out of any of the procedures established by law. Serbia’s positive law recognizes mediation as a way of resolving disputes. For business entities, the possibility of financial restructuring agreement assisted by institutional mediation is foreseen. Although the legislation does not explicitly provide for it, it is not excluded that the business entity – the debtor, assisted by an individual mediator, reaches an agreement on restructuring with its creditors. In addition, by signing the Singapore Convention on Mediation, Serbia introduced the possibility of cross-border settlement of commercial disputes through mediation. However, in practice, debtors rarely opt for mediation. In the European Union, new preventive instruments are being introduced to prevent insolvency, out of court or in court proceedings. They are intended for honest but insolvent business entities. The purpose of this paper is to analyze the possibility of using the general mediation framework in the restructuring of business entities according to the existing legislation and to consider the possibility of its formal inclusion in the range of preventive instruments.","PeriodicalId":306662,"journal":{"name":"Pravo i privreda","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125128061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}