How secure is your information uploaded in the cloud? How many people upload data into the cloud and how many of them have ever stopped to consider the safety of the information uploaded or the compliance requirements with the laws regarding data protection. Even though the use of Cloud services is becoming more widely spread, the Cloud raises several
As Romania has developed commercially over the last twenty years changes have become necessary in relation to the enforcement of debts due from companies and individuals. For many Romanian law firms, enforcement and debt recovery have become more important. As a Romanian law firm, we are periodically asked by other law firms outside of Romania
Last week we were approached by an international contractor who asked us to consider the question of interest in his contract. Like all Romanian Lawyers we have in the past considered Law no 72/2013 which was introduced in April 2013. Law 72/2013 is intended to combat late payments in commercial transactions. This Law implemented the
Do you know how the Romanian courts are structured? Does your Romanian lawyer explain to you why the court case takes too long from your perspective? What can be done to speed things up, if at all? The first thing any foreign investor or person contemplating taking proceedings should try and understand is a basic outline of
As a Romanian law firm based in Romania we often are instructed on issues in which conflicts of law play a prominent part. Recently we were instructed on such a case concerning foreign shareholders. The case revolved around a shareholders dispute. The parties before they formed a Romanian company had entered into a shareholders agreement.
The purchase of land is one of those areas which have caused heated debates in Romania. It is also an area where many lawyers- both Romanian lawyers and foreign law firms, have become involved. Over the last twenty years the purchasing of land as distinct from property has become easier for individuals and companies but
Minority protection is one of the worries for foreign investors. No matter how well they are briefed about a foreign country and its laws, this is always an area of concern when working in a foreign legal environment. Attitudes are different; rules are different, even peoples reaction to minority protection is different. Romania has its