Whilst not specifically part of the initial contract negotiations the introduction of lawyers into the negotiations will add a further dynamic. Depending on the size of the company the legal department may have been part of the original negotiating team and this can be both a hindrance and a help. The majority of larger companies
I was recently reading about negotiations in China and how you need to have great patience and understanding. I brought to mind the situation in Romania when I first came here in 1990. The situation was not very different then to the Chinese experience. But what has changed, or has indeed anything changed since those
Since the beginning of the year we have had a number of enquiries about the AERO stock market in Romania. These enquiries have come from companies who wanted to know about trading as well as those who were considering going to the market either for a capital raising or a future IPO. AERO came into being because
Employment issues are always an interesting topic in Romania. As Romania has moved to a market economy there has been a revolution in employer/employee relationships. Depending on the political persuasion of the Government the rules are either relaxed or tightened. Recently we have been asked to advise on employer liability in relation to the acts of employees. Because of
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.
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
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
Here is a very interesting infographic I have just received from Frida Jackson, explaining in a visually appealing way the various bodies of international law and how they are connected. Thank you, Frida for your work. Hope you all find this interesting and feel free to share it if you enjoy it. Do you need