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Tag: romanian law

The Insolvency procedure

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Hammond Partnership
joi, 12 octombrie 2017 / Published in News, Romanian Business, Romanian Law
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
creditorincolvency procedureinsolvencyliquidatorromanian insolvency coderomanian law

Amendment to the Labour Code

  • 0
Hammond Partnership
miercuri, 13 septembrie 2017 / Published in Employment, Romanian Law
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
employment lawlabour coderomanian law

Romanian Product Warranties

  • 0
Hammond Partnership
joi, 27 aprilie 2017 / Published in Romanian Business, Romanian Law
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
buyerscustomer protectionlegislationproductromanian lawsupplyerswarranty

Trade Mark Registration – Romania

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Hammond Partnership
miercuri, 12 aprilie 2017 / Published in Romanian Law
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
registrationromanian lawtrademark

Romanian Employment Regulations

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Hammond Partnership
joi, 28 iulie 2016 / Published in Romanian Law
Being an employer in any jurisdiction seems to become more complicated as time goes on. I was recently reminded of this when we were advising an international client of the Firm on employment issues in Romania. The Client wished to be fully compliant with Romanian law and practice. As it plants and offices in other
Art 60 Romanian Labour codeArticle 65 Labour Codebankruptcybusiness in Romaniaemployment lawlaw firm in Romaniaredundancyredundancy in RomaniaRomanian Labor Coderomanian lawRomanian law firm

Residence and Work permits for Non EU Citizens

  • 1
Nicholas Hammond
joi, 14 aprilie 2016 / Published in Employment, European Union case law, News, Romanian Business, Romanian Law
With the increase of foreigners wishing to come to Romania and Europe to work, we are asked regularly as to what is the position for non-EU citizens concerning work permits and residency. The position of the employment of Non-EU employees is governed in Romania by the provisions of EU Directive 2011/98/EU and Romanian government emergency
business in RomaniaEU citizen;law firm in Romaniaromanian lawRomanian law firmtemporary employees

Why a Mandate Contract

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Nicholas Hammond
joi, 21 ianuarie 2016 / Published in Employment, News, Romanian Business, Romanian Law, Romanian Social Issues
Since 1989 Romania has passed from the command economy of socialism to commerce based on the free market and capitalism. Romanian commercial development really started with the passing of the Romanian Law Company (Law 30/1990) which enabled the formation of limited liability companies as well as joint-stock companies. This was a first step in the
AdministratorsCommand Economy. Romanian financial AuthoritiesDirectorsexpansion of business in Romaniageneral meetingLaw 30/1990law firm in Romaniamandate agreementMandate contractpowers and authoritiesromanian bureaucracyromanian law

Penalties – Not The Football Kind

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Nicholas Hammond
marți, 11 august 2015 / Published in Romanian Business, Romanian Law
Now to some people in Romania penalties only relate to rugby or football.  But to a lawyer, they have a more significant role in contract law. We have noted in the past the confusion regarding penalties not only in the minds of investors from the United Kingdom and the United States of America but also
Breach of Contract RomaniaCivil Law SystemCode Law SystemCommon Lawdifference between penalties and liquidated damagesForeign investors in Romaniainternational law firm in Romaniainvestors United Kingdomliquidated damamgesPenaltiesromanain law firmRomaniaromanian lawromanian lawyersRomanian penaltiesunenforceable penalties

Have You forgotten About Your Romanian Investment?

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Nicholas Hammond
marți, 14 iulie 2015 / Published in News
During the last period, we have received enquiries concerning property transactions and property led transactions all of which arose out of property purchases prior to 2009. Many investors both foreign and local made purchases during those times which they now regret.  The reasons for this regret are many but they now have to deal with
EU citizen;internationa law firm in Romanialaw firm in RomaniaRomanian Civil Code;Romanian companyromanian company costsromanian lawRomanian law firmromanian lawyers

Closing a company in Romania

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Nicholas Hammond
marți, 22 aprilie 2014 / Published in Romanian Business, Romanian Law
As part of the natural order of commercial life there may come a time when it is necessary to close and liquidate a company in Romania.
business lawclosing a businessRomanian companyromanian lawromanian lawyer
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