Compatibility of purposes for further processing of personal data: hit the bull’s eye in darts or hit the ball in a rugby gate?

Purpose limitation principle On 28 November 2019, the Belgian Data Protection Authority imposed two administrative fines of EUR 5,000 each. One fine was imposed on a mayor who had initially received the contact details of 476 individuals who had resorted… Read moreCompatibility of purposes for further processing of personal data: hit the bull’s eye in darts or hit the ball in a rugby gate?

RLWeek February 3-9, 2020: Implementing rules for the application of Law on prevention and combating money laundering and terrorism financing. Structure of the 2020-2021 school year. Modifications to the national procedure in the field of state aid

Implementing rules for the application of Law on prevention and combating money laundering and terrorism financing. In the Official Monitor no. 75 of February 3, 2020, the Norms of application of the provisions of Law no. 129/2019 for the prevention and… Read more<strong>RLWeek</strong> February 3-9, 2020: Implementing rules for the application of Law on prevention and combating money laundering and terrorism financing. Structure of the 2020-2021 school year. Modifications to the national procedure in the field of state aid

RLWeek January 27, 2019 – February 2, 2020: Instructions on the individualization of sanctions provided for by the Competition Law. New changes made in relation to the Financial Supervisory Authority Regulation regarding issuers of financial instruments

Instructions on the individualization of sanctions provided for by the Competition Law. In the Official Monitor no. 57 of January 29, 2020, the Instructions regarding the individualization of sanctions for the contraventions provided in art. 53-541 of the Competition Law… Read more<strong>RLWeek</strong> January 27, 2019 – February 2, 2020: Instructions on the individualization of sanctions provided for by the Competition Law. New changes made in relation to the Financial Supervisory Authority Regulation regarding issuers of financial instruments

REFF & ASSOCIATES litigation team successfully represented the Spanish constructor Viales in an international commercial arbitration regarding a road infrastructure project

Viales obtained damages of approximately EUR 3.5 million, while the approximately EUR 1.5 million counterclaim filed by the contracting authority has been fully dismissed. The litigation team of REFF & ASSOCIATES, the law firm representing Deloitte Legal global network in… Read moreREFF & ASSOCIATES litigation team successfully represented the Spanish constructor Viales in an international commercial arbitration regarding a road infrastructure project

The Romanian saga of directly negotiated PPAs

Brief history Between around 2001-2011, certain private electricity suppliers (the “smart guys”, as they were called by the press) entered into long-term (10-15 years) bilateral power purchase agreements (“PPAs”) with state-owned producers (amongst which, notably Hidroelectrica) under quite unfavorable conditions… Read moreThe Romanian saga of directly negotiated PPAs

Deloitte survey: Private equity confidence at seven-year low as economy faces uncertainty

Central Europe’s private equity (PE) markets may be slowing down, according to the latest Deloitte Central Europe Private Equity Confidence Survey, as nearly half of respondents (46%) expect the economy to worsen over the coming months. Despite this concerning outlook,… Read moreDeloitte survey: Private equity confidence at seven-year low as economy faces uncertainty

act | Botezatu Estrade Partners alongside Teva Pharmaceuticals in its securitisation project

act | Botezatu Estrade Partners assisted Teva Pharmaceuticals on the accession by its Romanian subsidiary of the group’s securitisation programme, arranged by BNP Paribas, Dublin Branch. The transaction entailed the financing of selected commercial receivables payable by Romanian customers, by… Read moreact | Botezatu Estrade Partners alongside Teva Pharmaceuticals in its securitisation project