Legal Prompts September 2016

Legal Prompts September 2016
This newsletter addresses the main legal and case law changes for the months of September 2016. BANKING & FINANCE – Credit agreements FISCALITY – Customs duties HEALTH – Medical devices / Registration of medical devices
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ELKB Enforceability of Arbitration Clauses – Romania

ELKB Enforceability of Arbitration Clauses – Romania
In Romania, courts of law and arbitral tribunals recognize as a rule the legally binding effects of arbitration clauses and the entailing jurisdiction bestowed upon the arbitral tribunal. This is mainly the result of an arbitration-friendly national legal framework (namely, Sections IV and VII sub-section IV of the Civil Procedure Code in force as of […]
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