Inheritance and succession issues in relation to UK citizens with assets in Romania are one of the areas about which we are being asked more and more to advise on. As a Romanian law firm whilst we deal and advise on succession in relation to all countries in respect of Romanian issues, I wish to look
KYC or know your client seems to be a mantra repeated by many institutions these days, whether is it from banks of financial authorities the mantra KYC is repeated. Following the trend of trying to explain some of the difficulties of Romanian corporate and commercial law, I thought that I would examine how KYC has
The court system in Romania is still too many a confusing impenetrable system. In the past, the rules and regulations seem to have a mind of their own which only the judges and a few practitioners seem to fully understand. Fortunately, with a more up to date approach and exposure of the legal system to
The first question international clients usually ask us as lawyers in Romania is how long will it take to incorporate a company. As an experienced Romanian law Firm that should be an easy question to answer, but like most things in the current business world, the answer is not as simple as the question would
One of the many questions we are asked as a law firm in Romania advising foreign clients is the question regarding the protection of know-how and Trade Secrets and what protection is there in Romania. Whilst the protection of Know-how and Trade Secrets is usually covered in local law there is often confusion as to
As an international lawyer in Romania I am often surprised how, and perhaps in the rest of Europe, little attention seems to be paid to Data Protection and the implication of the regulations which are passed both at European Union and National level. We are often asked to advise on Romanian law in this field
Being an employer in any jurisdiction seems to become more complicated as time goes on. I was recently reminded of this when we were advising an international client of the Firm on employment issues in Romania. The Client wished to be fully compliant with Romanian law and practice. As it plants and offices in other