Banking And Financing

Banking And Financing

As corner stones of financing sector, banks bring together deposit holders and credit seekers together by borrowing on deposits above their equity. Banks in trouble have detrimental effects not only on their own business, but also on their customers and their national economy. Therefore establishment and operation of banks are subjected to legal arrangements different than those that apply to other stock corporations. Provisions of private law apply to transactions related to internal operations of banks, while provisions of general law apply to contracts they make with third parties.

We provide our clients with result oriented support at all stages by providing regular legal counselling services to banks, financial institutions and subsidiaries and affiliates of these operating in domestic and international platforms in regard of their domestic and international activities and relations, providing legal support in development of alternative strategies regarding supervisions and demands of regulating and supervisory domestic authorities, to make applications vis-à-vis relevant authorities against administrative decisions as necessary, filing lawsuits vis-à-vis administrative and judicial courts, representing our clients as their attorneys in law, to provide these institutions, their management boards, shareholders and management personnel with legal counselling regarding limits of their powers and performance of their responsibilities, providing legal support in regard of internal structural and administrative changes and relations of these institutions, providing legal counsel regarding assessment of market activities in context of competition law, working to establish settlement environment in regard of disputes arising in the context of loan, credit card, guarantee letter, leasing, factoring or forfaiting contracts intended for stock corporations, merchants and consumers in scope of activities of the said institutions, to initiate debt enforcement procedures in domestic and foreign jurisdictions, acting as attorneys of parties, acting as attorneys in law vis-à-vis judicial authorities and arbitration authorities, to draw all contracts necessary in context of banking law in the appropriate language and supporting our clients as attorneys in law and legal counsellors at all stages until conclusion of the dispute process.

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