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VP Team Advises Client on Debt Acquisition Conclusion

Teodora Novković • jan 11, 2024

VP Team Advises Client on Debt Acquisition Conclusion

The team of attorneys from the VP Law Firm provided expert guidance to ODM Asset doo Podgorica in the execution of a transaction involving the acquisition of a portfolio of problematic receivables from Erste Bank in Montenegro.

Our team actively participated in negotiations with Erste Bank, carefully representing the client’s interests and paying attention to all relevant aspects of this transaction. A special role in the finalization of this deal was played by attorneys Dejan Vuković, Predrag Miladinović, Vasilisa Pejović, and Milica Mišić, who took responsibility for a comprehensive legal analysis of the portfolio, preparation of the offer and contract, as well as the execution of all related legal affairs concerning the transfer of receivables to the new creditor.

This successful transaction serves as additional evidence of the fruitful collaboration with the client ODM Asset doo in Podgorica, and the renewal of successful cooperation with Erste Bank in Montenegro. Due to these results, the VP Law Firm will continue to be a reliable partner to the client, offering support in transactions throughout the country.