What is corporate crime prevention and why is it a necessary "cost"? Depending on the industry in which a company operates in Romania, it is subject to legal obligations whose violation can result in legal liability.
Regulation of Artificial Intelligence – How Long Until the Future is Here?
The regulation of artificial intelligence (AI) is not a new issue. We understand that the use of such technologies can bring many benefits - such as better healthcare, safer and cleaner transport system, more efficient production, or cheaper and more sustainable energy - but we also are aware that they can pose significant risks if not properly regulated.
Act Legal Advises Nimbus on Sale of RAMPF Group
Act Legal has advised Nimbus on the sale of the RAMPF Group to an undisclosed German investment company. Maynard Nexsen and Cornet Vincent Segurel reportedly advised Nimbus as well.
Fines for Breaches of Cookies Regulations Amounting to Almost CZK 4.5 Million
Since the beginning of this year, the Personal Data Protection Office has issued fines of almost CZK 4,500,000 for breaches of the GDPR in connection with the processing of personal data via cookies.
Theoretical and Practical Aspects Regarding the Cancellation of a Job Position
What does the cancellation of a job position represent and what impact does it have on the employee that occupies such job position?
Amendment to the Labour Code
On 5 April 2023, the Government approved a long-awaited amendment to the Labour Code that incorporates several European directives and brings a number of fundamental changes that will affect most employers.The draft amendment will now be discussed in the Chamber of Deputies. If it passes swiftly, which is expected, the amendment could already be mostly effective during the summer holidays.
The Correlation of ESG and the National Energy and Climate Plan of Hungary
The EU’s headline target for its Member States is to have a climate-neutral economy by the year 2050. To reach this goal, the European Commission have called on Member States to prepare their National Energy and Climate Plans (“NECPs”) as the first mandatory step towards the Energy Union.
Corporate Investigations in Romania
Corporate investigations, though a relatively new concept in Romania, are increasingly becoming common among large companies operating in the country.
Romania Kicking 2023 Off in Force: A Buzz Interview with Laura Estrade of Act Legal Romania
A high degree of effervescence in the country, with massive legislative updates both taking hold and still in the works – as well as a potential Prime Minister rotation soon to come – is what keeps lawyers talking in Romania, according to Act Legal Romania Partner Laura Estrade.
Act BSWW Advises on Develia Bond Issuance
Act BSWW has advised Develia on its public placement of bonds worth PLN 15.4 million.
Busy Lawyers and Increasing Regulatory Burden in Austria: A Buzz Interview with Roman Hager of Act Legal
Austria's lawyers are keeping busy these days, with work primarily driven by an active M&A market, restructuring, litigation, and regulatory changes, while those changes are putting increasing pressure on small businesses, according to Act Legal Partner Roman Hager.
Closing: Adventum’s Acquisition of Sky Tower from Develia Now Closed
On March 17, 2022, Act Legal Poland (BSWW legal & tax) and Dentons announced that Adventum’s acquisition of Sky Tower from Develia (reported by CEE Legal Matters on September 27, 2021) has now closed.
Acting In Alliance: A Look at act legal’s Growing Footprint in and Beyond CEE
On March 9, 2018, CEE Legal Matters reported on the expansion of the European act legal alliance with the addition of Hungary’s Ban Karika law firm and Fort Advocaten from the Netherlands. With the alliance now counting 13 offices in Europe – including five in CEE – CEE Legal Matters sat down with Sven Tischendorf of act legal Germany, AC Tischendorf Rechtsanwälte to learn more about the alliance’s plans.