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The European Commission has just published its comprehensive proposal for the so-called "New Deal for Consumers", which aims to strengthen EU consumer rights and enforcement. This includes the proposal for a new Directive enabling certain qualified entities to seek redress on behalf of consumers who have been harmed by an unlawful commercial practice.

Although May 25, 2018 - the date of effective enforcement of Regulation no. 679 on the protection of individuals with regard to the processing of personal data and on the free movement of such data and repealing Directive 95/46/EC (hereinafter "the Regulation" or "GDPR") - is approaching very fast, the question "Are you ready for GDPR?" still creates confusion, in certain circumstances, regarding the new regulation on the protection of personal data brought by GDPR and its applicability.

Romanian law firm Biris Goran and PrivacyOne, a boutique firm specialized in legal advice on personal data protection, will join forces to provide consolidated advisory services in the field of personal data protection.

Nestor Nestor Diculescu Kingston Petersen has represented Azomures, a Romanian fertilizer producer, in a commercial dispute against a private railway company Grup Feroviar Roman. The dispute involved damages in the amount of EUR 15 million and lost profits pursuant to a framework transportation agreement.

(A) Foreword

The genesis of the Single Statement Form 212 was tumultuous. Its appearance was not the result of an organic, natural process of simplifying the process of determining taxes and duties, of declaring and collecting them, but rather one of compromise solutions to end the many hesitations and tax measures hard to understand even by professionals.

Suciu Popa successfully represented Monsson Trading, part of Monsson Group, an international renewable energy player, in significant enforcement proceedings and a real estate mortgage against the ING Bank. The enforcement proceedings were based on a credit facility contract for sale purchase of electricity.

Romanian Knowledge Partner

Maravela & Asociații is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

Maravela & Asociații covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend Maravela & Asociații as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on Maravela & Asociații can be found at www.maravela.ro.

All News about Maravela & Asociatii can be found here.

 

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