Changes to Anti-Money Laundering and Counter Terrorist Financing legislation

Summary: 1. Order No. 37/2021 on the implementing norms of Law No. 129/2019 for preventing and fighting money laundering and terrorist financing, as well as for amending and supplementing certain legislative acts, for reporting entities supervised and controlled by the… Read moreChanges to Anti-Money Laundering and Counter Terrorist Financing legislation

ȚUCA ZBÂRCEA & ASOCIAȚII, once again rated in the top echelon of the market by Chambers Europe 2021 edition

ȚUCA ZBÂRCEA & ASOCIAȚII has once again been recognised as one of the best law firms in Romania by the 2021 edition of Chambers Europe, released today. In addition, the firm has been recently shortlisted for the “Law Firm of… Read moreȚUCA ZBÂRCEA & ASOCIAȚII, once again rated in the top echelon of the market by Chambers Europe 2021 edition

Discrimination issues in the context of the national vaccination campaign for SARS-CoV-2

Currently Romania undergoes a vaccination campaign for COVID-19. Vaccination is voluntary; Romania did not adopt any legislation to mandate vaccines – either directly, by imposing an obligation to take the vaccine on all persons, or certain categories of persons, or… Read moreDiscrimination issues in the context of the national vaccination campaign for SARS-CoV-2

The arbitration team of ȚUCA ZBÂRCEA & ASOCIAȚII scores another victory in an arbitral dispute worth EUR 6 million

The arbitration team of Țuca Zbârcea & Asociații has won an arbitral dispute in connection with a public works project worth EUR 6 million. Țuca Zbârcea & Asociații represented a company specializing in road markings and signs in the arbitration… Read moreThe arbitration team of ȚUCA ZBÂRCEA & ASOCIAȚII scores another victory in an arbitral dispute worth EUR 6 million

Amendments brought to the fiscal and accounting legislation

Summary: 1. Government Emergency Ordinance No. 13/2021 for the amendment and completion of Law No. 227/2015 regarding the Fiscal Code and the Accounting Law No. 82/1991 Government Emergency Ordinance No. 13/2021 for the amendment and completion of Law No. 227/2015… Read moreAmendments brought to the fiscal and accounting legislation

Effects of the suspension of the Coordinating PUZs of five districts of Bucharest

Summary: Suspension of the Decisions of the General Council of the Municipality of Bucharest approving the Zonal Urban Plans of districts 2, 3, 4, 5 and 6 of Bucharest During the meeting dated 26 February 2021, the General Council of… Read moreEffects of the suspension of the Coordinating PUZs of five districts of Bucharest

ȚUCA ZBÂRCEA & ASOCIAȚII law firm wins an arbitral dispute worth EUR 5.5 million

An irrevocable ruling handed down by the supreme court in a EUR 5.5 million arbitration ends a nine-year-long dispute whereas Țuca Zbârcea & Asociații represented a private company. The dispute arose from a contract concluded in 2007. Under such contract,… Read moreȚUCA ZBÂRCEA & ASOCIAȚII law firm wins an arbitral dispute worth EUR 5.5 million

ȚUCA ZBÂRCEA & ASOCIAȚII law firm advising giant AmerisourceBergen Corporation on the local loop of its USD 6.47 billion acquisition of Alliance Healthcare distribution business from Walgreens Boots Alliance (WBA)

On 6 January 2021, AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance signed the transaction whereby the U.S. corporate giant acquired Alliance Healthcare – WBA’s wholesale pharmaceutical distribution business in Europe, including Romania, together with other specified services, as well… Read moreȚUCA ZBÂRCEA & ASOCIAȚII law firm advising giant AmerisourceBergen Corporation on the local loop of its USD 6.47 billion acquisition of Alliance Healthcare distribution business from Walgreens Boots Alliance (WBA)

ȚUCA ZBÂRCEA & ASOCIAȚII advises ENGIE Romania on purchasing a photovoltaic park with an installed capacity of 9.3 MW

ENGIE Romania has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed capacity of 9.3 MW. Prior to the completion of the deal, the park was part of Ever Solar SA, a subsidiary owned… Read moreȚUCA ZBÂRCEA & ASOCIAȚII advises ENGIE Romania on purchasing a photovoltaic park with an installed capacity of 9.3 MW