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On 22 February 2024, the government adopted a proposal for a new Act on Judicial Protection Procedure for Former Holders of Qualified Liabilities of Banks ("ZPSVIKOB-1 Proposal"),the purpose of which is to eliminate the identified unconstitutionality of the previous Act ("ZPSVIKOB") and to finally appropriately regulate the procedure under which former holders could claim compensation for the controversial decisions of the Bank of Slovenia on the cancellation of their qualified liabilities in 2013.

Jadek & Pensa Senior Partner and Head of the Transaction Unit Ozbej Merc talks about the evolution of the banking sector and their role as legal advisors in Slovenia over the last 10 years.

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