Since the beginning of the year we have seen an increase in the number of share transactions, either in the terms of M&A transactions or intercompany transactions following re-organization. I thought that this week it would be a good idea to consider some of the potential pitfall in an M&A transaction especially regarding some popular misconceptions.
Despite the recent scandals in the Romanian political class 2015 looks for the economy at least being a year to celebrate. Economic activity in Romania is on the increase and therefore M&A business for Romanian law firms will increase. As though anticipating this last year the Romanian Competition Council (the “Council) revised its merger control
I am writing the blog today on the second day of spring according to the Romanian historical calendar. Those of you familiar with the date will realise that it is Martsisor when men give small tokens to women and bring a smile to their faces. Not Valentine’s Day but a more Romanian festival. Today has
One of the biggest complaints about Romania which we Romanian lawyers hear from clients concerns the constant changing of legislation. This is not only applicable in the field of taxation and finance but also in other areas which affect business. True to form a new law has been issued amending the Labour Code. The Romanian
Following the financial crisis of 2007/8 Romania entered into a number of arrangements with international financial institutions. This led to financial discipline which meant that Romania was one of the countries in which internal borrowing was reduced. As major economies have not reduced there borrowings and world indebtedness has increased one can ask what was the benefit
Why the above headline. During a recent trip to London the question of Greece and Ukraine were raised by a number of people on the basis of what was the impact of the problems in Greece and Ukraine on the Romanian economy and business environment. It was an aspect that whilst in relation to Greece we
Romania as the most eastward of the countries in the European Union receives each year a number of applications for residency from non EU citizens. Romania is open to granting residency subject to strict guidelines and laws. The legal framework regarding the possibility to reside in Romania for non EU citizens is established in accordance