CMS, Freshfields Bruckhaus Derringer, and Kirkland & Ellis have advised Advent International on the acquisition of Zentiva, Sanofi’s European generics business, for EUR 1.9 billion. Weil Gotshal & Manges and Tuca Zbarcea & Asociatii advised Sanofi on the sale.
Restitution of Land – the Never-ending Saga
It is well known that, after emerging as democracies in the 1990s, Central and Eastern European States passed restitution legislation that covered property abusively taken over by the communist regimes. Some states have been more successful than others and Romania is not exactly on the top of the list.
On July 9, 2018, CEE Legal Matters reported on the launch of Suciu | The Employment Law Firm ⎯ a new boutique law firm in Romania specializing in Employment law: . We sat down with the new firm’s Managing Partner, Andreea Suciu, to learn more about what her new boutique will bring to the legal market.
Romanian authorities have been busy this year putting forward several pieces of legislation affecting the construction field, including, most importantly: (i) a draft of a new law on authorizing construction; (ii) a draft proposal for amending the current application norms for the existing Construction Law; and (iii) preliminary theses for a long-awaited Urban Planning and Construction Code. These proposals were all designed to further the ambitious aim of unifying all the regulations on town planning and construction.