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Author: Hammond Partnership

What Now As Brexit Looms

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Hammond Partnership
luni, 25 iunie 2018 / Published in News
Many people are now beginning to think in detail about the impact of Brexit. For most people in Romania, it is still a theoretical adventure that will happen next year.  However, some thought should now be given as to how it will impact on UK investments in Romania and the people who now live and

Exact Time in Gambling – Serbia

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Hammond Partnership
miercuri, 06 iunie 2018 / Published in News
Managing partner of Hammond Partnership, Nicholas Hammond spoke at the Conference “Exact Time in Gambling – Serbia” where he comments upon recent developments at the European level on gaming and Gambling Law and recent developments following the entering into force of the General Data Protection Regulation and future developments. The Conference was well attended by

An inheritance for a foreign citizen, in Romania

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Hammond Partnership
miercuri, 30 mai 2018 / Published in News
Since 1990, questions regarding inheritance by non-Romanian citizens are becoming more common.  As an international law firm in Romania, we are receiving queries regarding the rules of succession from law firms outside Romania who are seeking to understand Romanian succession Law and procedure. Romanian inheritance law extends into other jurisdictions in ways that are not

What happens when my debtor goes into liquidation

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Hammond Partnership
miercuri, 04 aprilie 2018 / Published in News
Several questions immediately come to mind when your client cannot pay.  One question in regard to Romanian debtors is what happens with the debtor’s ongoing contracts when the insolvency starts? One of the main principles governing Romanian insolvency proceedings is that steps should be taken to re-organise the debtor affairs before the step of bankruptcy.

Restriction on Underage Visiting Rights in Romania

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Hammond Partnership
joi, 15 martie 2018 / Published in News
Many parents now raise their children alone, within a single-parent family. This is very often caused by a divorce following which the child will live with only one parent.The establishment of a restrictive visiting schedule for the parent that does not have physical custody of the child affects their rights, as well as those of

Another Year – Another Change

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Hammond Partnership
marți, 09 ianuarie 2018 / Published in News
Romanian Law: Changes in 2018 The year 2017 was one when many changes were proposed by the Government, but these changes were not always implemented. Some important changes in the field of taxation have taken place however and will take effect from 1st January 2018. I set out below some of these changes which I

Receipt of Romanian Court Proceedings

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Hammond Partnership
luni, 11 decembrie 2017 / Published in News, Romanian Law
Tempus Fugit. This maxim time flies is one which all lawyers especially Romanian lawyers are well aware of. We were recently concerned with this in relation to a Foreign client and it made us realize the difference in approaches by Civil law lawyers and Common law lawyers. Civil law is by its very nature is

Nicholas at the Second Annual Meeting of the Globalaw Association

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Hammond Partnership
marți, 05 decembrie 2017 / Published in News
Nicholas Hammond on the 19th November 2017 as the representative of the Firm attended the Second Annual Meeting of the Global Law Association in Cyprus which brings together leading law firms in China and other countries.  The aim of the conference was to highlight investment opportunities both in China and other areas and to see

Tax Update, All Change – Perhaps?

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Hammond Partnership
vineri, 17 noiembrie 2017 / Published in Employment, Romanian Law, Romanian Taxes
The Romanian Government has done what very few Governments in the past have done and that is that they have united both employers and Unions in a common cause.  They have done this by implementing the measures set out in Emergency Ordinance 79/2017 (“Ordinance “). This Ordinance was published on 10th November 2017 and has

The Insolvency procedure

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Hammond Partnership
joi, 12 octombrie 2017 / Published in News, Romanian Business, Romanian Law
What do you do when the company with whom you have been trading goes into insolvency The first reaction is to blame someone.  The next reaction is to review your financial position in relation to the company which has gone into insolvency.  You will need to review your written contracts with them and to see
creditorincolvency procedureinsolvencyliquidatorromanian insolvency coderomanian law
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011 013, Romania

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