Romania

Recently, Law no. 129/2019 on the prevention and sanctioning of money laundering and terrorism financing, and on the amendment and supplementation of other legislative acts (Law no. 129/2019) entered into force in...

European Union

The Micula case refers to what started as an intra-EU arbitration dispute between two Swedish investors and Romania and might end—or not—as a State aid case.

Romania

The Romanian government's guidelines on how to implement the equal opportunity law entered into force on May 2. Government Decision no. 262/2019 ("Law 202/2002 Norms") approved the norms for applying the provisions of Law no. 202/2002 on equal opportunity and treatment of women and men.

The minimum salary already increased from RON 1,450 to RON 1,800 just in January 2018.

On Monday, September 24, the Romanian Senate adopted the offshore law, which establishes the rules for companies that extract natural gas from Romania's Black Sea section.

The Companies Law expressly permits claims against the validity of certain corporate resolutions with respect to shareholder decisions.

Project Iceberg, launched at the beginning of this year by the Romanian tax authorities, is a giant nationwide operation to be implemented throughout 2019.

This is especially troublesome when shareholders aim to regain full ownership of the company.

European Union

January 2019 – The National Agency for Energy Regulation ("ANRE") has recently published new amendments (the "Amendments") ...

Romania

August 2018 – An organisation should be able to make clear what is permitted as strong management and what is considered as misuse of power and harassment ...

The Romanian Ministry of Energy recently finalised the public debate of a document outlining a new mechanism for supporting low-carbon electricity generation, in the form of a Contract for Difference (CfD) scheme.

Romania is a place where you should focus next if your business or your clients need a holding structure.

Companies can mitigate the risks by having the TP file available before the tax authorities request it.

Debate is raging about the Romanian "offshore" law setting out the legal framework for oil & gas exploration and production in the Black Sea offshore perimeters, fuelling political turmoil and deterring investment.

The Romanian Ministry of Energy recently finalised the public debate of a document outlining a new mechanism for supporting low-carbon electricity generation, in the form of a Contract for Difference scheme.

European Union

It has by now become amply clear that nothing truly prepares the jurist for an analytical maze run of predicting the effects of Brexit.

Romania

On August 23, the Government passed a decision approving the second package of strategic investments to be prepared and awarded under public-private partnership contracts by the National Strategy and Prognosis Committee.

I remember one of my first difficult title reviews as a lawyer in an international law firm. It was the year 2002; Romania had many unclear rules, and many state-owned companies and many properties had been confiscated by the state during communism.

The new rules are set out under Government Emergency Ordinance no. 114/2018,1 published in the Romanian Official Gazette no. 1116 dated December 29, 2018 (the Ordinance no. 114/2018).

Worldwide

As the adoption of the Cape Town Convention and Protocol rumbles on, it becomes critical to check what is the fate of a service provider's lien in convention states.