Domokos Neagu Sarbu has successfully represented Alpiq in a tax dispute with the Romanian tax authority in a case that ultimately required the input of the Romanian Supreme Court.

Former Bondoc si Asociatii Managing Counsel Daniela Gladunea has been appointed to a Partner position with the Bucharest firm in a recent promotion round.

Recently, Law No 414/2023 on the conduct of representative actions for the protection of the collective interests of consumers (hereinafter Law 414/2023 or the Law), transposing Directive 2020/1828/EU on representative actions for the protection of the collective interests of consumers and repealing Directive 2009/22/EC (hereinafter Directive 2020/1828), entered into force.

MPR Partners has advised Bucharest-based mining company Verde Magnesium on its successful bid in the public tender organized by the National Agency for Mineral Resources of Romania for concession rights on a magnesium mining perimeter in Western Romania.

On the evening of April 25, 2024, the Deal of the Year Awards Banquet brought together, under the same roof, top-tier lawyers from Central and Eastern Europe's leading law firms in the region in Warsaw.

For several years, ESG (Environmental, Social, Governance) standards have increased globally, the EU being a pioneer in the field through the adoption of a significant number of directives and regulations subsequently implemented at Member States’ national level in relation to these three most dynamic letters in today’s business world.

Schoenherr has successfully represented Societatea Energetica Electrica in a long-term contentious administrative case with a stake worth EUR 46 million against Romania's state and public resource management auditor.

CMS has advised Greece's Public Power Corporation on a cooperation framework agreement for the development and construction of almost 90 solar projects of up to 2,000 megawatts in Romania, Italy, Bulgaria, and Croatia. The deal is valued at up to EUR 2 billion and is expected to be implemented over the next three years.

Filip & Company has advised the significant shareholders of One United Properties on their sale of 234.2 million company shares to local and international institutional investors.

Clifford Chance Badea has advised the PIB Group on its acquisition of the Stein Bestasig Insurance Broker in Romania.

Stratulat Albulescu Partner Adriana Dobre has been appointed the firm's new Head of Dispute Resolution.

Bucharest's Sirbu & Vornicu Law have advised Enel Green Power Espana on the successful implementation of a FAC-1 framework alliance contract with all the contractors involved in the realization of the Campillo Wind Cluster in Cuenca province, Spain.

Filip & Company has advised the Digi Spain Telecom group on its sale of an FTTH network to Sota Investments Spain – controlled by a consortium formed by Macquarie Capital, Abrdn, and Arjun Infrastructure Partners – in an up to EUR 750 million transaction. Allen & Overy Spain reportedly advised Sota Investments.

Stratulat Albulescu has advised the founders of Romanian automated cybersecurity solutions provider Coda Intelligence on the sale of the company to PDQ. Kirkland & Ellis reportedly advised PDQ.

The back-and-forth on the statute of limitations between Romania’s Constitutional Court and the CJEU, with the country’s judiciary stuck in the middle, is at the top of the agenda for Popescu & Asociatii Partner Adrian Chirvase.

Stratulat Albulescu has advised the GapMinder Venture Partners Fund II on investing in Genezio in a USD 2 million round that included Underline Ventures and other angel investors.

The main breaches of the Regulation (EU) No. 679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (hereinafter the “GDPR” or the “Regulation”) committed by the Romanian data controllers (the “Controllers”) investigated and sanctioned by the National Supervisory Authority for Personal Data Processing (the “Supervisory Authority”) in 2023 may be summarized as follows:

While rendering day-to-day corporate advice to various clients, we have noticed lately a trend specific to limited liability companies, which involves allowing the directors of the respective companies to delegate all their powers to another individual for certain operations, either via the Articles of Incorporation or by resolution of shareholders.