The new Business Europe – Romania Romania represents to many companies and entrepreneurs an opportunity to develop their businesses in a way that they may not have been considered previously. Even now 30 years after the reunification of Europe, Romania is still a land of opportunity and there are many areas needing foreign investment and

Entering a new relationship and market is never easy, nor is developing a market in which you have a minimal presence. Over the time we have been in business we have advised foreign investors both large and small who have looked at the Romanian market with a view to developing their business and marketing their

Tuesday 20 April, Nicholas Hammond will be speaking on Legislation Across Europe Nicholas Hammond is an English lawyer who has been practicing law in Romania since 1990. He is registered as a foreign lawyer at the Bucharest Bar. His field of expertise is related to commercial issues and in particular in IT and intellectual property,

Tuesday 20 April, Nicholas Hammond will be speaking on Legislation Across Europe Nicholas Hammond is an English lawyer who has been practicing law in Romania since 1990. He is registered as a foreign lawyer at the Bucharest Bar. His field of expertise is related to commercial issues and in particular in IT and intellectual property,

Nicholas Hammond, partner at Hammond Partnership was a speaker at the recent Webinar run by the law association Globalaw on Tuesday which examined changes in Insolvency and Bankruptcy law and practise in central and eastern Europe arising out of COVID. He was joined by lawyers from New York, Poland, Czech and Slovakia who discussed the

Economic crimes – legal issues Economic crimes have a special importance in law practice, through law practices. Economic crimes are regulated by both the Penal code and special laws. Company management is exposed to both civil and criminal liability risks for the decisions they make, but the sound economic rationale for transactions and the documentation

The trading of the new form of currency (Cryptocurrency) in Romania and by Romanian companies has until recently been an area where there were many uncertainties and confusion. The increase in interest has been shown as we have been asked to examine and advise on the position in Romania both for local companies as well

A question that is now only being discussed and clarified in Romania is the question of the enforcement of United Kingdom judgements in Romania. Currently, the enforcement of judgments within the European Union is regulated by the Brussels I Regulation (1215/2012). The Regulation provides that subject to some amendments a judgment in a Member State

From my experience over the last 12 months, administrators of Romanian companies have become increasingly aware of their potential personal liability if for any reason the company of which they are an administrator fails and ceases to trade. For foreign administrators this has caused considerable concern, especially as they may have not fully understood their

Since 2012 there has been a steady increase of claims against airlines in respect of delayed or cancelled flights. Airlines have tried to limit their exposure to claims as in many cases the amount claimed can exceed the actual cost of the flight ticket. COVID has made the question of claims a serios issue for