Nestor Nestor Diculescu Kingston Petersen has successfully represented Romanian electricity distributor ENEL E-Distributie Banat in a tax dispute regarding tax depreciation for transferred fixed assets.
NNDKP Successful For Enel in Fiscal Dispute
A Perfect Pairing: Ruxandra Bologa and Gabriela Cacerea on NNDKP’s Corporate/M&A and Energy and Natural Resources Practices
Providing insights into Nestor Nestor Disculescu Kingston Petersen’s most active practice areas, Partners Ruxandra Bologa and Gabriela Cacerea took a deep dive into the firm’s Corporate/M&A and Energy and Natural Resources practices.
Romania's Shifting Goalposts: A Buzz Interview with Adriana Gaspar of NNDKP
Energy availability prospects, which have unsurprisingly taken center stage and the interest of governments, investors, and organizations across the world, are the strongly dominating priority in Romania, according to NNDKP Senior Partner Adriana Gaspar.
Electronic Signatures, Contracts, and Archiving in Romania
Contributed by Nestor Nestor Diculescu Kingston Petersen.
Amendments to the Implementing Regulations of the Trademarks Law
The long – awaited publication of the amendments to the Government Decision No. 1134/2010 on the approval of the Implementing Regulations of Law 84/1998 on Trademarks and Geographical Indications, republished, (the “Trademarks Regulation”) brought by the Government Decision no. 1197/2022, took place on 7 October 2022, when the amendments also entered into force.
Changes to the Labor Code: What Employers Need to Pay Attention to after the Enactment and Publication of the New Provisions
On October 19, 2022, Law 283/2022 was published in the Official Journal of Romania, introducing probably the largest number of changes made to the Labor Code in recent years, including several substantial amendments and additions highly relevant to employers. Thus, employers must take appropriate action to implement, and ensure immediate compliance with, these changes, the law coming into force in 3 days from its publication.
Boyanov & Co Among Plethora of Firms Advising on BioIVT’s Acquisition of Fidelis Research
Boyanov & Co has advised BioIVT on its acquisition of Fidelis Research. Divjak Topic Bahtijarevic & Krka, BDK Advokati, Nestor Nestor Diculescu Kingston Petersen, and Kolcuoglu Demirkan Kocakli have advised BioIVT on Croatian, Serbian, Romanian, and Turkish law-related matters, respectively. Hristov & Partners advised Integrity Capital Investments on the sale. Penkov Markov & Partners advised the other sellers.
NNDKP and Firon Bar-Nir Advise on International Game Technology's Acquisition of iSoftBet
Nestor Nestor Diculescu Kingston Petersen, working with Wachtell Lipton Rosen & Katz, has advised International Game Technology on the acquisition of iSoftBet. Firon Bar-Nir advised the sellers.
Did You Know: 2022 Romanian Deal Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Filip & Co. and RTPR have both worked on 16 reported deals so far this year in Romania, putting them in a two-way tie atop the leaderboard in that country?
Purely Commercial Interest – Enough to Be Legitimate Interest under the GDPR?
Some of our day-to-day activities involve conducting legitimate interest assessments. In this context, we have repeatedly dealt with the question “What makes an interest ‘legitimate’?”.
New Amendments and Procedures Introduced in the Field of Insolvency by Law No 216/2022
Law 216 of 14 July 2022 amends and supplements Law 85/2014 on insolvency prevention and insolvency proceedings and other legislation. The new law transposes the business prevention mechanisms introduced at European level by Directive 2019/1023.
NNDKP Advises Beverage Producers Alliance on Establishing RetuRO as Sole Administrator of Romanian DRS System
Nestor Nestor Diculescu Kingston Petersen has advised the Beverage Producers Alliance in setting up a deposit return system for single-use primary packaging – RetuRO – and on its accreditation as the sole administrator of the Romanian system.
CJEU Strikes Again, This Time Targeting Special Data
If one can indirectly deduce some sensitive characteristics about a person from some general categories of personal data that are being made available through publication, that personal data would qualify as special categories of personal data.
About Photographing Attendees to an Event
Is it legal to photograph[1] attendees to an event and then use the photos, for example, for marketing purposes?
Patent Marking in Romania
Indicating a patent number on the product or, when in the course of issuing such, the “patent pending” indication applied on either the packaging or the product itself, is typically understood in IP terms as “patent marking”. Patent marking is not mandatory in Romania and, in consequence, there is no standard format for the patent marking to be applied on the patented products.
PNSA and NNDKP Advise on Ameropa’s EUR 347 Million Syndicated Facility
Popovici Nitu Stoica & Asociatii has advised the Ameropa Group on obtaining a EUR 347 million senior secured multicurrency revolving credit facility from a syndicate of banks including BCR, Raiffeisen, ING, and UniCredit. Nestor Nestor Diculescu Kingston Petersen advised the lenders.
Update on the Procedure for the Enactment of the Legislation on Whistleblowers’ Protection
The Law on whistleblowers’ protection was approved on 29 June 2022 by the Chamber of Deputies.
Closing: Romgaz Acquisition of Stake in Neptun Deep Project from ExxonMobil Now Closed
Nestor Nestor Diculescu Kingston Petersen and Dentons announced that Romgaz' acquisition of ExxonMobil subsidiary ExxonMobil Exploration and Production Romania Limited (reported by CEE Legal Matters on May 12, 2022) has now closed.
NNDKP at a Glance
Nestor Nestor Diculescu Kingston Petersen (NNDKP) is a promoter of business law in Romania with more than 30 years of experience, independently acknowledged as a pioneer of the Romanian legal market.
NNDKP offers full-service and integrated legal and tax advice to companies from diverse industry sectors. For the past three decades, NNDKP lawyers have assisted corporations, financial institutions, private equity funds and local entrepreneurs in landmark deals and projects in Romania, contributing to the evolution of the Romanian business environment, including in innovative and niche economic sectors.
NNDKP’s team brings together knowledgeable, talented and dedicated lawyers and tax advisors active in Romania, with an impressive track record that reflects a mix of industry insights, courtroom experience and practical business sense. Over 130 lawyers & tax & IP counsellors and 60 business support professionals form one of the largest and most respected teams of independent professional services providers in Romania. We are on the ground where needed, working either from our headquarters in Bucharest or from our regional offices in Timisoara and Cluj-Napoca – major cities and important economic, academic and social hubs in Romania.
NNDKP provides assistance in virtually all areas of practice including Advertising, Banking & Finance, Capital Markets, Competition and State Aid, Consumer Protection, Corporate / M&A and Commercial, Data Protection, Dispute Resolution, Employment, Energy and Natural Resources, Environment, EU Law, Gaming, Immigration, Insurance and Private Pensions, Intellectual Property, Pharmaceuticals and Healthcare, Infrastructure, Public Procurement and PPP, Real Estate and Construction, Tax and Telecommunications and Media.
Along the years NNDKP has established strong connections with leading international law firms and high-profile professional networks. NNDKP represents Romania in the prestigious international professional alliances Lex Mundi, World Services Group, International Attorneys Club and is a founding member of SEE Legal.
The firm is constantly top ranked in all practice areas by the renowned international guides Chambers & Partners, Legal500 and IFLR 1000. NNDKP is a 6-time winner of the much-coveted “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, in 2022, 2021, 2017, 2013, 2012 and 2009.
Firm’s website: www.nndkp.ro