What investors look for in a potential M&A transaction. A synopsis on due diligence

There is no such thing as a “safe investment”. Buying a business is a serious and risky affair, and investors that are considering a merger or acquisition must devote considerable time and energy, work and research before sealing the deal…. Read moreWhat investors look for in a potential M&A transaction. A synopsis on due diligence

Romania: All board decisions made by delegation of powers can be challenged in court

To enable decisions to be passed efficiently, the Companies Law (31/1990) created flexible mechanisms and procedures allowing specific shareholder powers to be delegated to a company’s management. Such mechanisms have been successfully implemented by a vast number of companies and… Read moreRomania: All board decisions made by delegation of powers can be challenged in court

RLWeek October 15-21, 2018: Templates for internship certificates and contracts. Electricity smart measurement system implemented at national levels. Law regarding payment services.

Ioana-Catalina Barbu

Templates for internship certificates and contracts. On Friday, the 12th of October 2018, Order no. 2004/2018 approving the templates for the internship certificate and contract were published in the Official Journal of Romania, part I, no. 865. [source] Electricity smart… Read more<b>RLWeek</b> October 15-21, 2018: Templates for internship certificates and contracts. Electricity smart measurement system implemented at national levels. Law regarding payment services.

Some of the amendments of the Criminal Code and Criminal Procedure Code adopted by the Romanian Parliament contravene to the rule of law

1. Introduction In Romania, the amendments made to the Criminal Code and Criminal Procedure Code, despite numerous calls of the Romanian magistrates and European and international organisations addressed in all the possible forms, in hundreds of latest actions, seem to… Read moreSome of the amendments of the Criminal Code and Criminal Procedure Code adopted by the Romanian Parliament contravene to the rule of law

Situation Regarding the Legislative Amendments Concerning the Romanian Judicial System

1. Introduction During 2017 and 2018, three amendments were adopted for the generically called laws “of judiciary”, i.e. Law no. 303/2004, republished, on the statute of judges and prosecutors, Law no. 304/2004, republished, on judicial organisation, and Law no. 317/2004 on… Read moreSituation Regarding the Legislative Amendments Concerning the Romanian Judicial System

The average wages in private sector increased by 6.4% in 2018, according to PwC’s PayWell survey

The overall private labour market salaries in 2018 were slightly higher than the planned levels. Nationwide, salaries increased by 6.4% higher than the planned adjustment (5.7%), according to the 20th edition of PayWell Salary and Benefits Survey conducted by PwC… Read moreThe average wages in private sector increased by 6.4% in 2018, according to PwC’s PayWell survey

Deloitte Romania and Reff & Associates advised Patria Bank in the sale of a portfolio of non-performing loan receivables with a face value of RON 245 million

Bucharest, October 17, 2018. Deloitte Romania and Reff & Associates,  member of the Deloitte Legal global network, advised Patria Bank in the sale of a portfolio of non-performing loan (NPL) receivables with a nominal value of approximately RON 245 million… Read moreDeloitte Romania and Reff & Associates advised Patria Bank in the sale of a portfolio of non-performing loan receivables with a face value of RON 245 million

RLWeek October 8-14, 2018: Amendments to the Superior Council of Magistracy Law. Considerable changes in the fiscal-budgetary sector. Amendments to the Government Decision regarding the functioning of the Ministry of Foreign Affairs

Alina Gaja

Amendments to the Government Decision regarding the functioning  of the Ministry of Foreign Affairs. On Friday, the 5th of October 2018, the Ministry of Foreign Affairs set for public debate the draft Decision amending and supplementing Government Decision no. 16/2017… Read more<b>RLWeek</b> October 8-14, 2018: Amendments to the Superior Council of Magistracy Law. Considerable changes in the fiscal-budgetary sector. Amendments to the Government Decision regarding the functioning of the Ministry of Foreign Affairs