PNSA advised Libra Internet Bank on its innovative partnership with Monese that enables Monese to offer RON denominated accounts to its Romanian customers. PNSA’s advice concerned regulatory matters, mainly in relation to KYC, AML, electronic money and other Fintech related… Read moreLibra Internet Bank and Monese launch Romanian IBAN accounts in RON
POPOVICI NIȚU STOICA & ASOCIAȚII is pleased to report that the prestigious legal publisher Legal 500 has again ranked the firm as TOP TIER in five different practice areas in Romania and individually recommended 18 different PNSA lawyers. The firm has… Read morePNSA ranked as Leading Law Firm by Legal 500
The unprecedented measures adopted by countries worldwide for tackling the COVID-19 outbreak, including social distancing and movement restrictions, have prompted changes to the national judicial systems as well.From the United States to the Middle East, from Europe to Australia, courts… Read morePandemic Upsides: How the Coronavirus Is Forcing Courts Into the 21st Century
The most exposed to fraud and corruption are companies acting in the first line of fighting with the COVID-19 outbreak. In the middle of a crisis such the current one, companies face various unforeseeable challenges. And although at this moment… Read moreAnti-corruption compliance concerns & best practices in time of COVID-19
The Emergency Situation Certificate (“ESC”) is a new legal instrument introduced in the Romanian landscape in the extraordinary context of COVID-19 pandemic and the state of emergency that has been declared by the Presidential Decree no. 195/March 16, 2020. … Read moreCOVID 19: The Emergency Situation Certificate
With a few notable exceptions, all companies are struggling these days. For some it is about organizing general business survival, for some it is about dealing with the short-term cash-flow management, some are restructuring their business and resetting the employment… Read moreAbout strategic businesses during the COVID-19 pandemic
COVID-19 pandemic has brought into the spotlight two concepts of contract law generally passed over, but which now and in the foreseeable future may shape the faith of many contracts and even businesses: the force majeure and its close relative,… Read moreForce Majeure and Hardship under Contract law. Implications during the COVID-19 pandemic
In the context of the worldwide spread of COVID-19 (coronavirus), which is increasingly disrupting supply chains, manufacturing, energy demand and transportation, impacting as well a wide range of industries, businesses in virtually any sector are likely to be affected. Such… Read moreCOVID-19: Financing Agreements. Implications
No stop button on competition rules In crisis situations the risks of market operations are higher, thus companies are incentivized to coordinate their behavior or unilaterally impose specific measures. Nonetheless, such practices may have anticompetitive outcome and thus may be… Read moreCOVID-19: Competition Law. Implications
Introductory aspects It is a truism to say that the Mergers & Acquisitions will take a severe blow. Not only the private investments go hand in hand with the status of economy, predictability in laws making and good social and… Read moreCOVID-19: Mergers & Acquisitions. Implications
