As a law firm in Romania many of the queries we have to deal with are in relation to employment matters as well as residential issues. Foreign investors and local companies hire or have seconded to them employees from outside Romania. Romanian legislators have kept up with this trend and recently adopted Government Ordinance no. 25/2014, published
As a step in the direction of open Government, various Ministries in Romania sometimes issue draft laws for consultation purposes. This is an improvement from the past when laws were, and sometimes still are, introduced without consultation. We are therefore today considering a draft law issued by the Department for Energy. Renewable energy and its funding in
Last week we were approached by an international contractor who asked us to consider the question of interest in his contract. Like all Romanian Lawyers we have in the past considered Law no 72/2013 which was introduced in April 2013. Law 72/2013 is intended to combat late payments in commercial transactions. This Law implemented the
Do you know how the Romanian courts are structured? Does your Romanian lawyer explain to you why the court case takes too long from your perspective? What can be done to speed things up, if at all? The first thing any foreign investor or person contemplating taking proceedings should try and understand is a basic outline of
As a Romanian law firm based in Romania we often are instructed on issues in which conflicts of law play a prominent part. Recently we were instructed on such a case concerning foreign shareholders. The case revolved around a shareholders dispute. The parties before they formed a Romanian company had entered into a shareholders agreement.
The purchase of land is one of those areas which have caused heated debates in Romania. It is also an area where many lawyers- both Romanian lawyers and foreign law firms, have become involved. Over the last twenty years the purchasing of land as distinct from property has become easier for individuals and companies but
Minority protection is one of the worries for foreign investors. No matter how well they are briefed about a foreign country and its laws, this is always an area of concern when working in a foreign legal environment. Attitudes are different; rules are different, even peoples reaction to minority protection is different. Romania has its