Until the outbreak of the COVID-19 virus, many companies thought they were sufficiently well organized to deal with slight disruptions to their business either directly or through the disruption of the supply chain. COVID-19 has highlighted that there will be companies who are not as strong as thought and in these cases, it is not […]
We are all aware of the difficulties that the current lock-down in Romania and elsewhere is causing and will continue to cause over the next few weeks. In Romania, the Government has requested companies make arrangements to enable their employees to work from Home, and prohibit meetings and events. This is for a period of […]
QUESTION ONE When representing a client with significant business activities in foreign jurisdictions, what are some key risk-related concerns that arise in a cross-border context and how can a parent company minimise such risk? Xenophobia Corruption Bureaucracy Business attitudes and ethics Political influence Relying on local expertise without checking Rule of law both apparent and […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dana Bivol of Popescu & Asociatii. Dana has joined fellow IR Global member, Octavia Popescu, as our exclusive Commercial Litigation member in Romania. Dana Bivol is a highly recognized litigation lawyer with over 10 years of experience, focusing on commercial and administrative […]
Many companies look to grow their business through mergers or acquisitions of companies outside their own country and while this brings many opportunities it can also bring risks. But with […]
Read moreAs a Romanian law firm, we are aware of the issues concerning money laundering not only from a professional point of view (know your client), but also from advising clients of their liabilities. This short article is to highlight issues which may not be immediately apparent and of which clients should be aware and at […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Iulian Iosif of PRO LEGAL | Iosif & Asociatii SCA. Iulian has joined IR as our exclusive Insolvency Member in Romania. PRO LEGAL | Iosif & Asociatii SCA is a Romanian business law firm, part of the group PRO LEGAL | PRO CAPITAL, an elite provider […]
Tighter Regulations Needed for the Global Data Tsunami. As we enter the age of artificial intelligence and the Internet of Things, our personal data matters more than ever. By the […]
Read moreQUESTION ONE – In your experience, what are the key considerations that international clients should have the front of mind when assessing a target company for acquisition in your jurisdiction? The keys considerations to be borne in mind are: Why does the seller want to sell? As Romania has only been a market economy for […]
One of the fundamental differences between the common law and the civil code system is the different ways that both legal systems approach contracts, their implementations and the terms and conditions. Romania being a code law country has a developed contract law contained in the Romanian Commercial Code and the Romanian Commercial Procedure Code. Both […]
One of the fundamental differences between the common law and the civil code system is the different ways that both legal systems approach contracts, their implementations and the terms and conditions. Romania being a code law country has a developed contract law contained in the Commercial Code and the Commercial Procedure Code. Both codes set […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Octavian Popescu of Popescu & Asociatii. Octavian has joined IR as our exclusive Commercial Litigation Member in Romania. POPESCU & ASOCIATII is an independent full-service law firm founded by a team of professionals with proven experience in legal consultancy, as well as […]
