Nestor Nestor Diculescu Kingston Petersen has assisted MedLife on increasing its syndicated loan by EUR 50 million, reaching a total financing amount of EUR 330 million. Legal Ground advised the banking syndicate involved.

PeliPartners has advised the Swedish Skanska Group on the EUR 52 million sale of the Equilibrium 1 office building in Bucharest. Nestor Nestor Diculescu Kingston Petersen advised Granit Asset Management-managed investment fund Grodiusz Private Equity Fund on the buy-side.

As Nestor Nestor Diculescu Kingston Petersen celebrates 35 years of activity, the firm announced Executive Partners Adina Chilim-Dumitriu and Emil Bivolaru are joining its management structure alongside Co-Managing Partners Ion Nestor and Manuela Nestor.

Architecture is one of the fields that have a creative dimension, including a scientific side, as well as a cultural-artistic one, making the architect a real artist whose works are protected by intellectual property laws. Thus, Intellectual Property Rights (IPRs) play a pivotal role, as they protect the unique creations and concepts of architects in a landscape that is often competitive and innovative.

Intellectual property rights (IPRs) such as trademarks, patents, and designs, help small and medium-sized enterprises (SMEs) to expand their business and stand out from competitors, protecting their creations and developments, and making it easier to grow through innovation and creativity.

Nestor Nestor Diculescu Kingston Petersen Partner Anca Diaconu talks about competition in Romania in 2025.

If your company sells products that contain, have been fed with or have been made using cattle, cocoa, coffee, oil palm, rubber, soya or wood, then your company should most likely start preparing for compliance with the EU Deforestation Regulation[1]. The same applies if others in your company's supply chain produce or sell these commodities or related products.

As artificial intelligence (“AI”) technology develops, its capacity to create original works in a wide variety of fields such as literature, music, mass – media, complex art, and even software has become more apparent. This remarkable ability raises significant questions on whether these works may be protected by copyright, and the broader implications for both creators and consumers.

On January 16, 2025, competition experts from Moldova, North Macedonia, and Romania, sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the evolving role of the regulatory authorities in their countries.

The acquisition by a joint-stock company of its own shares, also known as share buy-back, is permitted under Romanian law, as provided by Articles 103 – 109 of the Companies Law no. 31/1990 (“Companies Law”). The operation is, however, limited by certain conditions, based on reasons such as the goal to avoid speculation by the company on the price of its own shares or the difficulty to accept that the company can be, at the same time, a shareholder (being thus both debtor and creditor)[1].

The way in which resolutions are adopted in limited liability companies (“LLC”) with a sole shareholder who is a legal person, has given rise, in practice, to contradictory views, underscoring several relevant legal aspects. We will explore below some of these aspects.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

NNDKP Environment Flash No. 10/2024:

ONV LAW has advised Aveuro International on the acquisition of Bluehouse Investitii for approximately EUR 8 million. NNDKP advised the sellers.

Startups are newly established companies usually founded by entrepreneurs who develop a product, service, or business model with the aim of solving a specific problem or addressing a gap in the market. These companies usually start with limited revenue, and they are looking after angel investors, venture capitalists or especially allocated funds for startups.

We have begun our analysis of how to calculate the five-calendar day period specified in Art. 10 para. (7) of the Emergency Ordinance 120/2021 on the management, operation and implementation of the national e-invoicing system RO e-Factura[1] (“GEO 120/2021”) in the context of the Ministry of Finance’s LinkedIn post of August 2024, namely:

The exclusion of shareholders has been seen over the years as a specific procedure aimed at safeguarding companies, in case of a serious breach of the legal and contractual obligations of the shareholders or in case of events with legal effects on some shareholders – resulting in the loss of the “unanimous” consent expressed as affectio societatis (consisting in the shareholders’ intention to cooperate in running the business to achieve and share the benefits).

As a preliminary overview, as of January 2023, applications for cancellation on absolute and relative grounds, as well as for revocation due to non-use of national trademarks and international trademarks designating Romania, can be brought before the Romanian State Office for Inventions and Trademarks (the “IPO”).