Teodora Novković • jun 17, 2024
VP Law Firm Advises ODM Collections in Its Serbian Deposit Insurance Agency Portfolio Acquisition
VP Law Firm represented ODM Collections in another acquisition of a non-performing loan (NPL) portfolio. The transaction, advertised by the Deposit Insurance Agency on behalf of five insolvent banks, saw ODM Collections acquire the portfolios of Univerzal Banka ad Beograd, Jugobanka ad Beograd, and Beobanka ad Beograd.
Our innovative and meticulous approach to this sale, as well as our comprehensive due diligence of the portfolio, helped the client acquire these three particularly attractive NPL portfolios. The proficient VP legal team, headed by Višnja Mandić, Jovana Pavlović, and Milica Mišić managed the transaction from start to finish, from thoroughgoing due diligence to bidding, contract negotiation, and closing. The VP team used its extensive experience and expertise in both legal analysis and commercial and economic aspects of NPL acquisition.
Our efforts once again delivered singular success, with ODM Collections demonstrating its position as the fastest growing company in the NPL market.