Nicholas Hammond

/Nicholas Hammond

About Nicholas Hammond

Nicholas Hammond is a corporate and property lawyer by training. He spent 25 years in London before moving to Bucharest in 1994 to open the Bucharest office of a well-known international law firm. In 2004, he set up Hammond and Associates and is now a partner in Hammond, Minciu & Associates. He advises investors both private individuals and international businesses on commercial matters in Romania with an emphasis on M&A and corporate matters. Nicholas has extensive experience in the commercial sector having acted for a number of insurance companies, aviation companies and companies in the oil and gas as well as renewable energy field. He also advises upon employment issues. Nicholas has also acted for foreign investors in the real estate field in respect of acquisitions and disposals and leasehold matters.

Another Year – Another Change

Romanian Law: Changes in 2018 The year 2017 was one when many changes were proposed by the Government, but these changes were not always implemented. Some important changes in the field of taxation have taken place however and will take effect from 1st January 2018. I set out below some of these changes which I [...]

By | January 9th, 2018|Categories: Blog|0 Comments

Receipt of Romanian Court Proceedings

Receipt of Romanian Court Proceedings Tempus Fugit. This maxim time flies is one which all lawyers especially Romanian lawyers are well aware of. We were recently concerned with this in relation to a Foreign client and it made us realize the difference in approaches by Civil law lawyers and Common law lawyers. Civil law is [...]

By | December 11th, 2017|Categories: Romanian Law|0 Comments

Nicholas at the Second Annual Meeting of the Globalaw Association

Nicholas Hammond on the 19th November 2017 as the representative of the Firm attended the Second Annual Meeting of the Global Law Association in Cyprus which brings together leading law firms in China and other countries.  The aim of the conference was to highlight investment opportunities both in China and other areas and to [...]

By | December 5th, 2017|Categories: Blog|0 Comments

Tax Update, All Change – Perhaps?

Tax Update in Romania The Romanian Government has done what very few Governments in the past have done and that is that they have united both employers and Unions in a common cause.  They have done this by implementing the measures set out in Emergency Ordinance 79/2017 (“Ordinance “). This Ordinance was published on 10th [...]

By | November 17th, 2017|Categories: Employment, Romanian Law, Romanian Taxes|0 Comments

The Insolvency procedure

The Insolvency procedure What do you do when the company with whom you have been trading goes into insolvency. The first reaction is to blame someone.  The next reaction is to review your financial position in relation to the company which has gone into insolvency.  You will need to review your written contracts with them [...]

Hammond, Minciu assist the shareholders of APT Group Romania

Hammond, Minciu assist the shareholders of APT Group Romania In July 2017, the shareholders of the APT Group finalized their negotiations and signed the sale purchase agreement in respect of the sale by the shareholders of a majority interest in the APT Group to Works Services Group of Poland.   Hammond, Minciu & Associates are pleased [...]

By | September 26th, 2017|Categories: Blog|0 Comments

Data Protection – The Romanian Approach

Data Protection – The Romanian Approach In April 2016, the European Union adopted the EU Regulation 2016/679 (General Data Protection Regulation – GDPR) on the protection of natural persons with regard to the Processing of Personal Data and on the free movement of such data, and the subsequent repeal of Directive 95/46/EC The [...]

By | September 19th, 2017|Categories: Intellectual Property, Romanian Business, Romanian Law|0 Comments

Amendment to the Labour Code

Amendment to the Labour Code As a Romanian law firm dealing with Labour related issues it is interesting to see the amendments to the Labour Code recently introduced by the Government. The Romanian Government last month introduced amendments to the Labour Code. Whilst these changes are not fundamental they do impact on potential [...]

By | September 13th, 2017|Categories: Employment, Romanian Law|Tags: , , |0 Comments

Love and marriage or a contract of wager

Love and marriage or a contract of wager Recently we have had to consider the possibility of a client obtaining in Romania an annulment of his marriage.  This raised a number of interesting questions as well as a consideration as to how different legal systems treat a marriage. Coming as I do from a Common [...]

By | August 11th, 2017|Categories: Blog|Tags: , , , |0 Comments

A Branch or a Subsidiary

A Branch or a Subsidiary One of the first questions as a firm advising potential investors who are thinking of opening a business in Romania, is what type of structure should I be looking at? Tax considerations aside there are three structures by which a foreign investor can legally have a business presence [...]

By | July 24th, 2017|Categories: Blog|0 Comments