Nick

/Nicholas Simon Hammond

About Nicholas Simon Hammond

Nicholas S. Hammond has established Hammond Partnership as a professional Romanian law company. He 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.

A decision regarding the interest clause in credit contracts

On 19th December 2019, the European Court of Justice gave a judgement for consumer protection concerning the interpretation of Directive 2008/48/EC of the European Parliament and of the Council of 23rd April 2008 on credit agreements for consumers in the case C‑290/19 (RN vs. Home Credit Slovakia a.s.) The main issue was whether Article 10(2)(g) [...]

By | September 11th, 2020|Categories: Blog|0 Comments

Recent changes to the Romanian Company Law

Since the Romanian Companies Law (Law 31/1990) was passed in 1990 there have been amendments to it to make it more up to date rather than continue it in its original format. The original law was based on the French company law, and in 1990 there were very few advisors to the Romanian Government who [...]

By | August 19th, 2020|Categories: Blog|0 Comments

Labour disputes and approaches to their settlement

The object of employment law is constituted by the legal labour relations, which appear as a result of the individual labour contract and the legal relations related to them. This field has always been the link between commercial and civil law. Employment lawyers make sure that the employees are treated in a fair and consistent [...]

By | August 18th, 2020|Categories: Blog|0 Comments

The importance of the experience of M&A Romania lawyers in the context of mergers and acquisitions

Global trends and future challenges increase the importance of procurement in each company, thus becoming strategic for the success of the organization. In principle, procurement must be involved from the very beginning in the research-development-design processes in order to be able to research the market in terms of technology, costs, deadlines and quality before the [...]

By | July 30th, 2020|Categories: Blog|0 Comments

The effects of opening the insolvency proceedings

According to Law no. 85/2014, insolvency is defined as that state of the debtor's patrimony which is characterized by the insufficiency of the funds available for the payment of certain, liquid and due debts. When it goes bankrupt, a company has practically two options: reorganization and insolvency. However, few companies manage to reorganize, because they [...]

By | July 14th, 2020|Categories: Blog|0 Comments

What are the steps in a merger process?

Mergers and acquisitions (or M&A) are transactions of changing ownership between two companies, wherein a merger is a combining of two companies and an acquisition is one company buying another. Basically, M&A involves the process of combining two companies into one. The purpose of combining two or more businesses is to try and achieve synergy [...]

By | June 26th, 2020|Categories: Blog|0 Comments

Acquiring a company by buying shares

What are the shares for a company? From a legal point of view, a share represents the ownership right of its holder over a share in the company. The holder of one or more shares of a company has the right to dividends granted from its profit, has the right to participate in decision-making, through [...]

By | June 19th, 2020|Categories: Blog|0 Comments

The importance of knowing the tax legislation

Tax law is a branch of public law. Fiscal legal reports are born in the process of collecting taxes or their administration. The administration of taxes and duties is a legal notion used by the tax procedure code, whose legal coverage is much wider, considering not only the collection, but also the tax registration, the [...]

By | June 15th, 2020|Categories: Blog, Romanian Law, Romanian Taxes|0 Comments

New law regarding agricultural land has been passed by the Romanian Parliament

As Romania is moving towards re-opening, Hammond Partnership hopes that you are all well and have not been ill with the virus. As the world moves to re-opening business will continue to pick up and we look forward to meeting you if you come to Romania whether for business or pleasure. During this period, an [...]

By | June 11th, 2020|Categories: Blog|0 Comments

How to recognize a good lawyer in commercial and corporate law

What is Commercial Law? Commercial law is a set of legal rules of private law that apply to legal relationships arising from legal acts, deeds and transactions considered by law as trade deeds, as well as legal relationships in which traders are involved. Corporate lawyers are experts in company and business law. They understand the [...]

By | June 1st, 2020|Categories: Blog|0 Comments
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