Nick

/Nicholas Simon Hammond

About Nicholas Simon 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. 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.

Interim Dividends

For many years there has been an ongoing debate in Romania about the payment of dividends during the current financial year.  Following a strict interpretation of the law most companies would not pay a dividend until the closing of the year-end in question and when the actual profit had been ascertained. On 10 July 2018, [...]

By | August 16th, 2018|Categories: Blog, Romanian Law|0 Comments

Death of One Party During Divorce Proceedings

Occasionally, during the divorce proceedings one of the parties dies before a final decree is pronounced. This can also happen after the initial Romanian divorce decree has been pronounced and one of the parties decides to appeal. If this happens then the divorce decree is cancelled pending the decision of the appeal procedure. If this [...]

By | July 4th, 2018|Categories: Divorce, Romanian Law|0 Comments

What Now As Brexit Looms

Many people are now beginning to think in detail about the impact of Brexit.   For most people in Romania it is a still a theoretical adventure that will happen next year.  However, some thought should now be given as to how it will impact on UK investments in Romania and the people who now live [...]

By | June 25th, 2018|Categories: Blog|0 Comments

Exact Time in Gambling – Serbia

Managing partner of Hammond Partnership, Nicholas Hammond spoke at the Conference “Exact Time in Gambling – Serbia” where he comments upon recent developments at the European level on gaming and Gambling Law and recent developments following the entering into force of the General Data Protection Regulation and future developments. The Conference was well attended by [...]

By | June 6th, 2018|Categories: Blog|1 Comment

An inheritance for a foreign citizen, in Romania

Since 1990, questions regarding inheritance by non-Romanian citizens are becoming more common.  As an international law firm in Romania we are receiving queries regarding the rules of succession from law firms outside Romania who are seeking to understand Romanian succession Law and procedure. Romanian inheritance law extends into other jurisdictions in ways that are not [...]

By | May 30th, 2018|Categories: Blog|0 Comments

What happens when my debtor goes into liquidation

Several questions immediately come to mind when your client cannot pay.  One question in regard to Romanian debtors is what happens with the debtor's ongoing contracts when the insolvency starts? One of the main principles governing Romanian insolvency proceedings is that steps should be taken to re-organise the debtor affairs before the step of bankruptcy. [...]

By | April 4th, 2018|Categories: Blog|0 Comments

Restriction on Underage Visiting Rights in Romania

Many parents now raise their children alone, within a single-parent family. This is very often caused by a divorce following which the child will live with only one parent. The establishment of a restrictive visiting schedule for the parent that does not have physical custody of the child affects their rights, as well as those [...]

By | March 15th, 2018|Categories: Blog|0 Comments