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Joint Ventures – A word of Caution

Entering a new market is never easy, nor is developing a market in which you have a minimal presence. Over the years we have advised many foreign investors who have looked at the Romanian market with a view to developing their business and marketing their products. Often, they come and see us with their prospective [...]

By | May 4th, 2021|Categories: Blog|0 Comments

Nicholas Hammond to speak at the eSports Business Summit 21

Tuesday 20 April, Nicholas Hammond will be speaking on Legislation Across Europe Nicholas Hammond is an English lawyer who has been practicing law in Romania since 1990. He is registered as a foreign lawyer at the Bucharest Bar. His field of expertise is related to commercial issues and in particular in IT and intellectual property, [...]

By | April 20th, 2021|Categories: Blog|0 Comments

Globalaw Webinar: Preparing for Post-COVID-19: Central European Bankruptcy Developments

Nicholas Hammond, partner at Hammond Partnership was a speaker at the recent Webinar run by the law association Globalaw on Tuesday which examined changes in Insolvency and Bankruptcy law and practise in central and eastern Europe arising out of COVID. He was joined by lawyers from New York, Poland, Czech and Slovakia who discussed the [...]

By | April 2nd, 2021|Categories: Blog|0 Comments

What are the economic crimes according to the Romanian Penal Code?

Economic crimes - legal issues Economic crimes have a special importance in law practice, through law practices. Economic crimes are regulated by both the Penal code and special laws. Company management is exposed to both civil and criminal liability risks for the decisions they make, but the sound economic rationale for transactions and the documentation [...]

By | March 9th, 2021|Categories: Blog|0 Comments

Cryptocurrency exchanges in Romania

The trading of the new form of currency (Cryptocurrency) in Romania and by Romanian companies has until recently been an area where there were many uncertainties and confusion. The increase in interest has been shown as we have been asked to examine and advise on the position in Romania both for local companies as well [...]

By | March 8th, 2021|Categories: Blog|0 Comments

ENFORCEMENT OF UNITED KINGDOM JUDGEMENTS IN ROMANIA AFTER BREXIT

A question that is now only being discussed and clarified in Romania is the question of the enforcement of United Kingdom judgements in Romania. Currently, the enforcement of judgments within the European Union is regulated by the Brussels I Regulation (1215/2012). The Regulation provides that subject to some amendments a judgment in a Member State [...]

By | February 25th, 2021|Categories: Blog|0 Comments

Romanian Company Administrators Liability

From my experience over the last 12 months, administrators of Romanian companies have become increasingly aware of their potential personal liability if for any reason the company of which they are an administrator fails and ceases to trade. For foreign administrators this has caused considerable concern, especially as they may have not fully understood their [...]

By | February 5th, 2021|Categories: Blog|0 Comments

PASSENGER CLAIMS CLARIFICATION

Since 2012 there has been a steady increase of claims against airlines in respect of delayed or cancelled flights. Airlines have tried to limit their exposure to claims as in many cases the amount claimed can exceed the actual cost of the flight ticket. COVID has made the question of claims a serios issue for [...]

By | January 19th, 2021|Categories: Blog|0 Comments

How to establish enforcement costs

Enforcement is a procedure by which bailiffs recover tax and non-tax debts that a citizen has not paid or refuses to pay. Whether you are in the process of obtaining a judgement that the bailiff is late a debt collection lawyer's help is essential to defend your rights. Enforcement costs can be defined as those [...]

By | January 11th, 2021|Categories: Blog|0 Comments

CHANGES IN COMPANY LAW PRACTISE

One of the biggest complaints in relation to Romania over the last period has been its bureaucracy and the frustrations this has for investors or businessmen used to a different way of doing business. The attitude in Romania has changed over time and has seen a further boost caused by Covid. The lockdowns and requirements [...]

By | January 4th, 2021|Categories: Blog|0 Comments
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