VP team advises client in acquisition of Raiffeisen Bank distressed debt

The Vuković & Partners team advised its client, ODM Collections, in the purchase of the Raiffeisen Bank non-performing loan (NPL) portfolio with a face value of over 7 million euros.

Vuković & Partners assisted its client with due diligence of the portfolio, helped draw up the purchase agreement, and provided advice with the legal transactions required for transferring title to the collateral to the new creditor.

The VP legal team was headed by attorneys-at-law Predrag Miladinović and Nevena Vidić.

Vuković & Partners will continue to represent ODM Collections and its members in transactions in Serbia and throughout the region.