Kristina Subotić • dec 27, 2023
VP Law Firm Advised the Client in the Successful Transaction of the Purchase of a Portfolio of Receivables From the Company Agroinvest Fund
In a recent significant transaction, the VP Law Firm team provided key legal advice to their long-standing client, ODM Collections, during the process of purchasing a portfolio of receivables worth a total of RSD 215 million.
ODM Collections, as a leading company in the field of collection and purchase of receivables, achieved its first cooperation with a renowned company for consulting and management – Agroinvest Fund. After detailed negotiations, the transaction was successfully concluded, and Agroinvest Fund handed over to the company ODM Collections a portfolio consisting of about 4,000 receivables worth a total of RSD 215 million.
The legal team of our office played a key role in this process, providing the client with a comprehensive legal analysis of claims, representation and negotiation, preparation of contracts as well as implementation of all related legal work related to the transfer of claims to a new creditor.
The managing partners of our office – lawyers Dejan Vuković and Predrag Miladinović, as well as the rest of the legal team consisting of Miloš Marinković, Milica Mišić and Andrea Bačanek – deserve special credit for the realization of this transaction.
This collaboration represents another example of an effective partnership between ODM Collections and the VP Law Firm, highlighting the importance of legal support in complex business transactions.
We expect that ODM Collections will continue to prosper in the debt collection and redemption market, while the VP Law Firm will continue to provide superior legal support to its clients in achieving their business goals across the country and region.