Nowadays, non-compliance with guidelines and corporate governance rules can have a direct and material impact on the company from a legal perspective. This is especially true for listed and regulated entities, where such non-compliance can have a negative long-term impact on business success. The specialization of Mergers and Acquisitions lawyers includes aspects related to [...]
Mergers and Acquisitions (known in international terminology as M & A) are generally considered growth methods reserved for large, well-capitalized companies owned by investors. A merger can also take place between companies registered in different Member States of the European Union (cross-border merger), the procedure being somewhat similar to the local one. The mergers and [...]
The purpose of enforcement is generally to get back sums of money, but it may also be to have some other kind of duty performed (duty to do something or refrain from doing something, such as to deliver goods or finish work or refrain from trespassing). The procedure can start only at the request of [...]
On 20th January 2020 the Romanian High Court delivered its judgement referring to whether the decisions adopted by the special meeting of shareholders can be challenged in court with action for annulment. The issue arose from a court decision in Bihor, due to a lack of an accurate legal framework regarding the special meetings of [...]
A question that we normally get from our clients who we assist or represent in court in any civil lawsuits (the notion of civil lawsuit includes commercial lawsuits and any other cases related to relationships in private law matters), is that of what is the duration of the lawsuit? How long will it take? This [...]
Romania offers significant opportunities to international businesses for infrastructure projects, production, services, for technologies that meet the growing private demand and contribute to the country’s development priorities. All investors irrespective of whether they are Romanian or foreign citizens, resident or non-resident, enjoy the same rights (other than rights in relation to ownership of land) and [...]
Commercial law has been conceived as a special law applicable to certain activities and persons. Its content is formed by the patrimonial legal relationships of commercial nature (acts and deeds of trade); also, in the subsidiary, it is formed by those non-patrimonial relations that interest the commercial activity, in which the traders as subjects of [...]
Britain’s exit from Europe, has caused a lot of uncertainty about the service of judicial and extrajudicial documents in civil or commercial matters in the European Union. It is particularly of interest in matters regarding the custody of a minor child, as there are many cases where a child was born of a Romanian parent [...]
After the Romanian President declared a state of emergency, a series of special regulations have been adopted in order to help businesses survive in these circumstances. One such special regulation is the Emergency Ordinance no. 30/2020 regarding the compensation paid by the State to the employees of companies whose salaries can no longer be paid [...]
An insolvency procedure is taken when an organization or individual are no longer able to meet their financial obligations and pay their creditors when debts are due. Insolvency proceedings usually take place after less formal arrangements have failed and can be the result of bad financial management, of changing market trends, heightened expenses or reduced [...]
