The Law on whistleblowers’ protection was approved on 29 June 2022 by the Chamber of Deputies.
Update on the Procedure for the Enactment of the Legislation on Whistleblowers’ Protection
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.
Romanian DPA Report – A Year in Review – 2021
Romanian DPA case studies – our top 5 picks.
The Romanian DPA Fines yet Another Data Processor for Failure to Ensure Data Security
On 11 July 2022, the Romanian DPA announced it sanctioned a courier services company with a EUR 3,000 fine for breaching its obligations regarding the level of security that must be ensured with respect to personal data.
GDPR - 4-year Anniversary: Our Top Picks of Past and Upcoming Judgements of the Court of Justice of the European Union
These past years have been challenging for companies, authorities and data subjects, who had to keep pace with the evolving regulatory requirements. On this occasion, we take a look at some of the most important decisions rendered by the Court of Justice of the European Union to date and analyze their practical implications. We also look to the future and examine several upcoming judgements which are expected to have a major impact in the field. So here are our top picks.
NNDKP Advises Staffbase on Acquisition of Dirico
Nestor Nestor Diculescu Kingston Petersen, working with Luther, has advised Staffbase on its acquisition of the Romanian Dirico entity from 247Grad Labs. Schoenherr reportedly advised the sellers.
Anyone’s Bet: Romania’s M&A Outlook
By most counts, 2021 was a successful year for the Romanian M&A market. Tuca Zbarcea & Asociatii Deputy Managing Partner Stefan Damian, Nestor Nestor Diculescu Kingston Petersen Partner Gabriela Cacerea, Dentons Managing Partner Perry Zizzi, and Wolf Theiss M&A Partner Ileana Glodeanu have many reasons to believe 2022 could be a good year as well, but also quite a few to expect a slowdown in activity.
Baker McKenzie, Babic & Partners, DGKV, NNDKP, and Jadek & Pensa Advise Palfinger on Establishing European Employee Representation
Baker McKenzie has advised Palfinger on establishing its European Works Council. Babic & Partners, Djingov Gouginski Kyutchukov & Velichkov, Nestor Nestor Diculescu Kingston Petersen, and Jadek & Pensa advised Palfinger on Croatian, Bulgarian, Romanian, and Slovenian law-related matters, respectively. Bech-Bruun, Arntzen de Besche, and PBBR reportedly advised on Danish, Norwegian, and Portuguese law-related matters.
NNDKP and Wolf Theiss Advise on Marcos Provit EUR 8.5 Million Bond Issuance
Nestor Nestor Diculescu Kingston Petersen has advised Marcos Provit on its EUR 8.5 million cross-border corporate bond issuance through a private placement under the coordination of CVI Dom Maklerski. Wolf Theiss advised CVI.
Suciu Popa, Dentons, and NNDKP Advise on Romgaz Acquisition of ExxonMobil Subsidiary
Suciu Popa and Dentons have advised SNGN Romgaz on its acquisition of the ExxonMobil subsidiary that owns 50% of the rights and obligations for the Neptun Deep project in the Black Sea. Nestor Nestor Diculescu Kingston Petersen advised the seller.
NNDKP Successful for SNAM before Romanian Supreme Court
Nestor Nestor Diculescu Kingston Petersen has successfully represented Societatea Nationala a Apelor Minerale (SNAM) in a mining royalty dispute before the High Court of Cassation and Justice of Romania.
Tuca Zbarcea & Asociatii and NNDKP Advise on RON 431 Million Syndicated Credit Facility for Aaylex One
Tuca Zbarcea & Asociatii has advised a club of local banks, led by arranger, facility agent, and security agent OTP Bank Romania S.A., on a RON 431 million syndicated facility agreement for the financing of Aaylex One group. Nestor Nestor Diculescu Kingston Petersen advised Aaylex One on the deal.
RTPR Advises LKE Group on Someg and Transcarpatica Acquisitions
Radu Taracila Padurari Retevoescu has advised the LKE Group on the acquisition of majority stakes in Someg and Transcarpatica. Nestor Nestor Diculescu Kingston Petersen reportedly advised the sellers.
Eversheds Sutherland Advises Nepi Rockcastle on Acquisition of Land in Romania
Eversheds Sutherland has advised Nepi Rockcastle on the acquisition of 17 hectares of land in Galati, Romania, for a mixed-use real estate project. Nestor Nestor Diculescu Kingston Petersen reportedly advised the unidentified sellers on the deal.
NNDKP and Revnic, Cristian si Asociatii Advise on Medicover's Acquisition of Polaris Medical
Nestor Nestor Diculescu Kingston Petersen has advised Medicover on its acquisition of Polaris Medical in Cluj-Napoca from the Socea family. Revnic, Cristian si Asociatii advised the sellers on the deal.
NNDKP Advises Tech Mahindra on Acquisition of Allyis Group
Nestor Nestor Diculescu Kingston Petersen has advised Tech Mahindra on the acquisition of the Allyis group.
NNDKP Advises Safety Broker on Sale of 80% to Unilink
NNDKP has advised Safety Broker on the sale of 80% of the company’s shares to the Polish group Unilink.
Baker McKenzie Advises Ecolab on USD 3.7 Billion Acquisition of Purolite
Baker McKenzie has advised US water treatment company Ecolab on the acquisition of Purolite for an all-cash consideration of approximately USD 3.7 billion.
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