Contracts with Extraterritorial Elements – Part 1

luni, 28 aprilie 2014 / Published in Romanian Business, Romanian Law
Since my last post touching on the above I have received a number of enquiries concerning this aspect of Romanian law.  To try and answer those questions as all good Romanian lawyers do, I have prepared a more extensive analysis of the position.  Rather than bore everyone with a long post I have divided it

Can I use my usual contract?

marți, 04 martie 2014 / Published in Romanian Business, Romanian Law
There are in the main two types of foreign investors in the Romanian economy. Those who form a Romanian company and make a direct investment into Romania, and those who “invest” long distance in Romania and its market. By that I mean people who carry on business in Romania but do not have an office