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.

What does the partial or complete acquisition of a Romanian company entail?

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 [...]

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

COVID-19 forces change in law enforcement procedures

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 [...]

By | May 4th, 2020|Categories: Blog|0 Comments

Romanian High Court decision regarding the Companies Law (Law no. 31/1990) and its interpretation of special meetings of Shareholders

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 [...]

By | April 21st, 2020|Categories: Blog|0 Comments

How long will my romanian court case take?

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 [...]

By | April 15th, 2020|Categories: Blog|0 Comments

Romania doing business guide 2020

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 [...]

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

The objectives of a commercial lawyer

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 [...]

By | April 9th, 2020|Categories: Blog|0 Comments

English orders in respect of custody and access when the United Kingdom exits the European Union

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 [...]

By | April 3rd, 2020|Categories: Blog|0 Comments

Romanian State of Emergency – Aid for Employers

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 [...]

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

Insolvency procedure in the context of the current crisis

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 [...]

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

Changes brought about in the field of civil justice during the State of Emergency

On 16th March 2020 the President of Romania signed the Decree no. 195/2020 establishing a State of Emergency in the territory of Romania for a period of 30 days. Considering the purpose of the Decree is the prevention of the spread of COVID-19 and the management of the consequences during the state of emergency the [...]

By | March 25th, 2020|Categories: Blog|0 Comments
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