NNDKP assists NIPPON EXPRESS HOLDINGS, Inc. in acquiring the shares of the multiple subsidiaries of Cargo-Partner Group Holding AG

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Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted NIPPON EXPRESS HOLDINGS, Inc., one of the world’s leading logistics companies, in acquiring the shares of the multiple subsidiaries of Cargo-Partner Group Holding AG… Read moreNNDKP assists NIPPON EXPRESS HOLDINGS, Inc. in acquiring the shares of the multiple subsidiaries of Cargo-Partner Group Holding AG

The Bucharest Court of Appeals definitively confirms the unlawful nature of the revocation of the former ARACIP President, Şerban Iosifescu, represented by NICULESA LAW FIRM

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Șerban Iosifescu, represented by NICULEASA LAW FIRM, through lawyer Mădălin-Irinel Niculeasa and lawyer Simona Brăileanu, obtained the Bucharest Court of Appeals’ definitively confirmation in respect with the unlawful character of his revocation from the position of President of the Romanian… Read moreThe Bucharest Court of Appeals definitively confirms the unlawful nature of the revocation of the former ARACIP President, Şerban Iosifescu, represented by NICULESA LAW FIRM

RLWeek May 8 – 14, 2023: Updates on the Consumer Code, domestic violence victims, the Sports National Strategy, and clawback contributions

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Consumer Code amended. On May 8, 2023, Law no. 107/2023 amending and supplementing Law no. 296/2004 on the Consumer Code was published in the Official Journal of Romania, Part I, no. 390; the law defines the distribution of consumer goods,… Read more<strong>RLWeek</strong> May 8 – 14, 2023: Updates on the Consumer Code, domestic violence victims, the Sports National Strategy, and clawback contributions

Musat & Asociatii advised Sika AG on Romanian legal aspects of its EUR 5.3 billion acquisition of Master Builders Construction Chemicals Group

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Musat & Asociatii advised Switzerland’s construction chemicals group Sika AG on Romanian legal aspects of its EUR 5.3 billion acquisition of Master Builders Construction Chemicals (MBCC) Group from Lone Star Funds, a global private equity firm. The deal implied the… Read moreMusat & Asociatii advised Sika AG on Romanian legal aspects of its EUR 5.3 billion acquisition of Master Builders Construction Chemicals Group

DLA Piper promotes Oana Duţu-Buzura as the tenth Partner of the law firm’s Romanian office

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International law firm DLA Piper announces the highly reputed Corporate lawyer Oana Duţu-Buzura’s promotion to partnership, as of 1 May 2023. A long-standing practitioner within DLA Piper’s Romanian office, Oana specializes in mergers & acquisitions, with particular focus on sectors… Read moreDLA Piper promotes Oana Duţu-Buzura as the tenth Partner of the law firm’s Romanian office

Alpha Bank Romania Q1 2023 financial results highlights: Balanced financial performance based on sustained commercial activity

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In the first quarter of the year, Alpha Bank Romania continued its strategy to support the local economy while maintaining a balanced financial performance based on sustained business activity: – The net loan portfolio reached EUR 3.02 billion following a… Read moreAlpha Bank Romania Q1 2023 financial results highlights: Balanced financial performance based on sustained commercial activity

NNDKP assists CANCOM SE in the acquisition of K-Businesscom-Group, with operations in Romania

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Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted CANCOM SE, one of the leading integrated IT service providers in Germany, in the acquisition of K-Businesscom-Group and all its subsidiaries, Austria’s leading provider… Read moreNNDKP assists CANCOM SE in the acquisition of K-Businesscom-Group, with operations in Romania

CITR: 1,644 companies, of which 23 impactful companies, went insolvent in Q1 2023. Companies’ rising interest in restructuring mechanisms

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• The most affected domains are: trade (476 companies), construction (308 companies) and industry (195 companies) • The regions with the higher number of insolvencies are Bucharest (282 companies), Bihor (143 companies), Cluj (105 companies) • In Q1 2023, five… Read moreCITR: 1,644 companies, of which 23 impactful companies, went insolvent in Q1 2023. Companies’ rising interest in restructuring mechanisms