National Emergency since Monday. What should you expect? At the time of writing, the Romanian authorities are expected to declare emergency status on Monday, 16 March 2020, in order to combat the spread of the Covid-19 epidemic. This document is… Read moreTZA. COVID-19 Legal Insights. Emergency Status in Romania
The Romanian Competition Council has issued a statement to reassure markets that companies may take justified measures aimed at preventing or limiting the outbreak of the novel coronavirus. At the same time, it emphasised that such measures should not trigger… Read moreAntitrust law in challenging times
The economic effects of the COVID-19 pandemic are already being felt in international trade, with direct and indirect effects on existing contracts and legal relationships. This makes it legitimate to question the extent to which force majeure can be invoked… Read moreLegal implications of “force majeure” and “hardship” as regards COVID-19
I. Employment Contracts in Romania during extreme situation a) Quarantine or Self-Isolation i) Suspension of Individual Employment Contracts When employees enter quarantine or self-isolation at home under the conditions provided by law – i.e. they have had contact with infected… Read moreEmployment measures during extreme conditions
Given the pandemic situation caused by the new coronavirus (COVID-19), companies can be forced to comply with exceptional prevention measures ordered by public authorities in order to prevent the new coronavirus from spreading, and noncompliance with such measures can trigger… Read moreMeasures ordered in connection with the new coronavirus. Criminal implications for companies
Pursuant to Decree no. 195/March 16th, 2020, published in the Official Gazette of Romania no. 212/March 16th, 2020, the President of Romania instated a state of emergency on the entire territory of Romania, for a period of 30 days, starting… Read moreThe Regime of Limitation Periods during the State of Emergency
1. Background In a world where air travel is becoming more frequent and affordable, Regulation (EC) no. 261/2004 of the European Parliament and of the Council of 11 February 2004 establishing common rules on compensation and assistance to passengers in… Read moreLitigation: The importance of the Court of Justice of the European Union Practice in Ensuring Passenger Rights in Accordance with Regulation 261/2004
The European Commission committed to review the Non-Financial Reporting Directive in 2020, as part of the approach to strengthen the strategy for sustainable investment. On 20 February 2020, in line with its commitment, the Commission launched a public consultation[1] concerning… Read moreEuropean Commission to initiate the revision of the Non-Financial Reporting Directive
As the COVID-19 pandemic continues to spread across the globe, disrupting lives, communities and businesses, and putting countries under considerable strain, NESTOR NESTOR DICULESCU KINGSTON PETERSEN (NNDKP) has set up the COVID-19 – Legal & Tax Resource Center. There you… Read moreNNDKP set up COVID-19 Legal & Tax Resource Center
The uncertainty and instability generated by the pandemic resulted in many Romanian companies urgently activating their risks and business continuity plans (BCP). While some companies are prepared and have plans in place, many others are still searching for the instruments… Read moreTax Incentives for the Current Worldwide Pandemic: Paying the Vat Upon Cashing
