Measures to mitigate the negative impact of COVID-19. Deferral of loan payments

The National Bank of Romania (“NBR”) together with the Romanian Government have responded swiftly to the economic shock created by the COVID-19 pandemic by announcing several measures aimed to alleviate the adverse impact of COVID-19 on individuals and small &… Read moreMeasures to mitigate the negative impact of COVID-19. Deferral of loan payments

COVID-19: Privacy Laws. Implications

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Introductory aspects  With an increasing spread of COVID-19, companies are facing complex challenges in their businesses‘ day-to-day operation. For avoiding the risk of infection within their workforce, protecting employees and their business, companies have considered several approaches, including an active… Read moreCOVID-19: Privacy Laws. Implications

The aftermath of COVID-19 outbreak – Practicing social distancing during the annual general meetings of the shareholders of listed companies

Introduction As the negative consequences of COVID-19 continue to expand, companies are facing various demanding challenges, one of them being related to the organisation of the Annual General Meetings of the Shareholders (“AGMS”). Considering that the following two months overlap… Read moreThe aftermath of COVID-19 outbreak – Practicing social distancing during the annual general meetings of the shareholders of listed companies

Coronavirus & competition. Breach of Competition Law? “Price gouging” or not?

First one: Coronavirus & competition – any potential link? Second one – close related with the first one: Breach of Competition Law? “Price gouging” or not? Facts: As a result of the fear generated by the Coronavirus outbreak in Europe in… Read moreCoronavirus & competition. Breach of Competition Law? “Price gouging” or not?

COVID-19: Real Estate market implications. Particular insights into Lease Agreements

1. Introductory aspects Since its outbreak in November, 2019 in China, COVID-19 has rapidly spread across Europe, the general opinion being that the peak is yet to come. The aggressive rate of spreading of COVID-19 has marked the financial markets,… Read moreCOVID-19: Real Estate market implications. Particular insights into Lease Agreements

Chambers Global 2020

Chambers Global covers over 190 countries across the world. Law firms and individual lawyers are ranked in bands from 1 (highest) – 6 (lowest) and being ranked in any band is a significant achievement. The qualities on which rankings are… Read moreChambers Global 2020

BRD, BCR and Raiffeisen Bank to split ownership of CIT One

PNSA advised BRD Groupe Société Générale on its co-investment, along with Raiffeisen Bank and BCR, in CIT One, a company specialised in the transport, processing and storage of cash and other valuables, initially owned by BCR. CIT One will be… Read moreBRD, BCR and Raiffeisen Bank to split ownership of CIT One