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Claudiu Damian and Costin Teodorovici Launch Whistleblowing Compliance Platform Whistle Up

Claudiu Damian and Costin Teodorovici Launch Whistleblowing Compliance Platform Whistle Up

Romania
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Bucharest-based lawyers Claudiu Damian and Costin Teodorovici have launched Whistle Up – a platform to support organizations impacted by the whistleblowing legislation in complying with the newly applicable legal framework.

Claudiu Damian is the Managing Partner of MDS Legal, having held that position since 2018. That same year he also co-founded cSquare, an integrated web and cloud-based work management solution. Earlier, he spent over two years with Bulboaca & Asociatii and four more with Eversheds, between 2011 and 2015.

Costin Teodorovici has been working in-house since 2022 (as reported by CEE In-House Matters on August 18, 2022). Before that, he spent two years as a Partner with Ionescu Sava and almost three more with Stratulat Albulescu, between 2018 and 2020. Back in 2018 he also founded BaseTwelve, a SaaS platform for SME management. Earlier, he spent ten years with Bulboaca & Asociatii, joining as an Associate in 2008, making Senior Associate in 2009, and eventually Partner in 2012.

According to its press statement, Whistle Up is intended to help all the organizations falling under the scope of the whistleblowing legislation: all companies with over 49 employees, organizations acting in areas such as banking and finance, capital markets, civil aviation, insurance, oil & gas, audit, e-payments, maritime activities, and social entrepreneurship among others, as well as public authorities and institutions.

"The platform can support both whistleblowers in reporting irregularities in the organizations they collaborate with and also companies in analyzing and addressing the reports they receive," Damian commented. "Moreover, implementing Whistle Up is also a good opportunity for companies to familiarize themselves with ESG reporting, which will soon become an essential element of the EU business ecosystem."

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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