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
In April 2016, the European Union adopted the EU Regulation 2016/679 (General Data Protection Regulation-GDPR) on the protection of natural persons with regard to the Processing of Personal Data and on the free movement of such data, and the subsequent repeal of Directive 95/46/EC The GDPR is to apply starting on 25th May 2018, giving
As a Romanian law company dealing with Labour related issues, it is interesting to see the amendments to the Labour Code recently introduced by the Government. The Romanian Government last month introduced amendments to the Labour Code Whilst these changes are not fundamental they do impact on potential employers as well as current employers and employees
As part of Romania’s continued movement towards a fully integrated European Union country there has been a steady movement towards increasing consumer protection. Suppliers of goods and services have become aware of the duties they owe their customers whether they be private individuals or a commercial buyer. The legislation covering the liability of suppliers is
The registration of a trademark in Romania involves several steps and procedures which must be closely observed. The Trade Mark registration can be carried out by a lawyer or similar person or by the owner of the trade mark themselves. We are often asked as a Romanian law Firm for advice on Trade Mark Registration
This article is intended to clarify some of the questions which arise regarding the role powers and authority of an administrator in a Romanian company. The powers of the administrator in a Romanian limited liability company are not that extensive in comparison to the powers of administrators of other companies in Europe or other parts
Romania being Romania has a different approach to directors of companies and their relationship with such companies. It is very easy for someone not from Romania to use the word director. The word director has a different meaning in Romanian commercial parlance. A director is more akin to a manager. They do not have “director’s
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