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Due diligence – land acquisition

Romania is still an interesting place for foreign investors. Whether you are a trading company or an investor. There is continuing to be considerable interest in all types of real estate property from logistic parks, retail units, production as well as residential accommodation. Buyers, especially for residential property, have not been forced out of the [...]

By | December 13th, 2018|Categories: Blog|0 Comments

Reflection on cross border debt collection

Where there is a trade there are debts. This is something that always has to be borne in mind. I was recently reminded of this at a conference which I attended last week on debt collection and credit control. As foreign trade continues to expand especially in Eastern Europe, finance directors and CEO have to [...]

By | November 29th, 2018|Categories: Blog|0 Comments

Interview with lawyer Nicholas Hammond

In a society that puts too much price on quick solutions and on the principle of dealing only with its own resources, which often prove to be insufficient, the need for professional services is even greater. This is more pronounced in the legal field. Whether it is multinational companies or individuals from different areas of [...]

By | November 5th, 2018|Categories: Blog|0 Comments

Annual Meeting of IR Global in London

Nicholas Hammond attended the Annual Meeting of IR Global in London on 14th to 16th October as representative from Romania. The meeting culminated in a festive dinner in the ballroom of the Whitehall Palace in Whitehall, which his renowned for the ceiling painted by Rubens.  The meeting was attended by over 350 attendees [...]

By | October 23rd, 2018|Categories: Blog|0 Comments

New Appointments

Hammond Partnership is pleased to announce the appointment of two new senior lawyers to their office in Bucharest. Narcis Bogoiu is an experienced lawyer in the field of insolvency and corporate reconstruction and will be strengthen and develop the Firms expertise in this Field.  In addition, he is an experienced corporate lawyer and commercial lawyer. [...]

By | October 5th, 2018|Categories: Blog|0 Comments

Interim Dividends

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 [...]

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

What Now As Brexit Looms

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 [...]

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

Exact Time in Gambling – Serbia

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. [...]

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

An inheritance for a foreign citizen, in Romania

Inheritance for foreign citizens 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 [...]

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

What happens when my debtor goes into liquidation

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 [...]

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