LEAUA DAMCALI DEACONU PAUNESCU in consortium with LENZ & STAEHELIN (Geneva) successfully fend off the claims brought by the Swiss electricity trader ENERGY FINANCING TEAM AG against HIDROELECTRICA, the largest Romanian energy company, in an UNCITRAL Ad Hoc international arbitration

The Arbitral Tribunal constituted under the 1976 UNCITRAL Arbitration Rules rendered its Final Award on 24 December 2018, dismissing the claims brought by Energy Financing Team AG („EFT”) against HIDROELECTRICA SA, the largest Romanian energy company, in their entire The… Read moreLEAUA DAMCALI DEACONU PAUNESCU in consortium with LENZ & STAEHELIN (Geneva) successfully fend off the claims brought by the Swiss electricity trader ENERGY FINANCING TEAM AG against HIDROELECTRICA, the largest Romanian energy company, in an UNCITRAL Ad Hoc international arbitration

RLWeek December 23-30, 2018: Regulation on the organization and functioning of the Central Tax Commission. Elimination of double taxation between Romania and Spain. The Constitutional Court’s solution to the conflict between the Prime Minister and the President of Romania

Regulation on the organization and functioning of the Central Tax Commission. The Regulation on the organization and functioning of the Central Tax Commission of December, 10 2018 was published in the Official Gazette of Romania, Part I, no. 1082 of December… Read more<b>RLWeek</b> December 23-30, 2018: Regulation on the organization and functioning of the Central Tax Commission. Elimination of double taxation between Romania and Spain. The Constitutional Court’s solution to the conflict between the Prime Minister and the President of Romania

RLWeek December 17-23, 2018: 69 amendments to the Civil Procedure Code. Amendment to the Law on the Protection of the Rights of the Child. Amendment to the Regulation on the organization and functioning of the Financial Supervisory Authority

69 amendments to the Civil Procedure Code. Law no. 310/2018 for amending and completing the Law no. 134/2010 on the Civil Procedure Code, as well as for amending and completing other normative acts was published in the Official Gazette of Romania,… Read more<b>RLWeek</b> December 17-23, 2018: 69 amendments to the Civil Procedure Code. Amendment to the Law on the Protection of the Rights of the Child. Amendment to the Regulation on the organization and functioning of the Financial Supervisory Authority

Romania: Remedy of recourse no longer available in insurance litigation

Court decisions in insurance litigation are no longer subject to recourse, following a recent legal amendment which came into effect on 21 December 2018. The legal amendment was introduced by the law amending and completing Law No. 134/2010 on the Civil Procedure… Read moreRomania: Remedy of recourse no longer available in insurance litigation

Ernest Virgil Popovici in a recent interview about state of the art legal expertise and how to find a good balance between people’s and the Firm’s agendas

You are the founder of the firm Popovici Nitu Stoica & Asociatii SCA, can you tell us about its history, its skills and your business sectors customers? You are the founder of the firm Popovici Nitu Stoica & Asociatii SCA,… Read moreErnest Virgil Popovici in a recent interview about state of the art legal expertise and how to find a good balance between people’s and the Firm’s agendas

Deloitte acted as lead advisor to Chimcomplex on raising €164m of debt finance for acquiring Oltchim

A mixed team of experts from Deloitte UK, Deloitte Romania and Reff & Associates, member of the Deloitte Legal global network, advised Chimcomplex SA Borzesti on raising debt finance to fully fund its acquisition of the assets of Oltchim SA… Read moreDeloitte acted as lead advisor to Chimcomplex on raising €164m of debt finance for acquiring Oltchim

RLWeek December 10-16, 2018: Law regarding salaries paid with public funds. EGO regarding environmental funds amended. Law regarding national emission reduction

Law regarding salaries paid with public funds. On Tuesday, the 4th of December 2018, Law no. 287/2018 amending and supplementing Law no. 153/2017 regarding salaries paid with public funds was published in the Official Journal of Romania, part I, no…. Read more<b>RLWeek</b> December 10-16, 2018: Law regarding salaries paid with public funds. EGO regarding environmental funds amended. Law regarding national emission reduction

Cautious European real estate investorslook for a mix of healthy occupier markets and new asset classes as the sectoredges towards end of the cycle – ULI/PwC’s Emerging Trends in Real Estate Europe 2019

The hunt for secure long-term income is driving European real estate investment as the industry hedges against potential interest rate rises and an uncertain geopolitical backdrop, according to Emerging Trends in Real Estate® Europe 2019. The annual report, published jointly… Read moreCautious European real estate investorslook for a mix of healthy occupier markets and new asset classes as the sectoredges towards end of the cycle – ULI/PwC’s Emerging Trends in Real Estate Europe 2019