An overview of water law recent updates in Romania 1. General context The slow and lengthy process of completing the cadastral works and real estate publicity seems to affect not only the private property, but also the public one. In this context where the lands are not delimited and registered with the national Land Book […]

In May 2020, a group of Romanian senators have proposed a legal enactment to prohibit the sale of shares owned by the Romanian state for a two-year period. Such proposal has been motivated based on the erratic economic fluctuations generated as a result of the COVID-19 pandemic and measures imposed as a result of the […]

Our competition professionals provided the entire information regarding Merger Control in Romania for Chambers and Partners’ Global Practice Guide 2020. Amongst the topics covered we mention legislation and enforcing authorities, procedure: notification to clearance, decision: prohibition and remedies, third-party rights, confidentiality and cross-border co-operation, appeals and judicial review and many others.

The primary legislation governing insolvency and restructuring proceedings is Law 85/2014 on preventing insolvency and insolvency proceedings (the “Insolvency Law“). The Insolvency Law has been amended on October 2, 2018 by Government Emergency Ordinance no. 88/2018 for amending and supplementing regulations on insolvency (the “G.E.O. no. 88/2018“). One of the main changes brought by G.E.O. […]

Our experts have exclusively contributed to The Legal 500’s reputed Technology, Media & Telecom Guide, published by The In-House Lawyer. This country-specific Q&A provides an overview of technology laws and regulations applicable in Romania.