Former Head of Legal Automation at UiPath Vasile Tiple has launched Goodlegal – a company aiming to "make legal easy, accessible, and actionable to anyone through freely available technology."
NNDKP and Wolf Theiss Advise on Marcos Provit EUR 8.5 Million Bond Issuance
Nestor Nestor Diculescu Kingston Petersen has advised Marcos Provit on its EUR 8.5 million cross-border corporate bond issuance through a private placement under the coordination of CVI Dom Maklerski. Wolf Theiss advised CVI.
Reff & Associates and Domokos Partners Advise on Roca Industry’s Acquisition of Dial
Deloitte Romania’s Reff & Associates has advised Roca Industry on its EUR 14 million acquisition of Dial. Domokos Partners advised the seller.
Stratulat Albulescu Advises Catalyst Romania Fund II on Adservio Funding Round
Stratulat Albulescu has advised Catalyst Romania Fund II on its participation in the EUR 2 million equity funding round of EdTech platform Adservio.
Reff & Associates Advises Studium Green on Acquisition of 100 Buildings in Romania
Deloitte Legal’s Reff & Associates has advised Studium Green on the acquisition of a portfolio of 100 buildings and properties from Immobiliare Italo Romena, a subsidiary of the former Italian bank Veneto Banca. Antico & Partners reportedly advised Immobiliare Italo Romena on the deal.
The Buzz in Romania: Interview with Alina Stavaru of RTPR
With a new FDI regulatory framework and the National Plan for Resilience and Recovery all but in place, Romania is well prepared for the second part of 2022, which could include a swarm of businesses relocating from Ukraine and Russia, according to RTPR Partner Alina Stavaru.
Musat & Asociatii Advises Bank Syndicate on BFG Packaging Acquisition Financing
Musat & Asociatii has advised a syndicate of banks including Jefferies Finance LLC, J. P. Morgan, and Danske Bank A/S on financing for the EUR 650 million acquisition of four B2B distribution companies by FSN Capital.
Industrial Parks as Business Infrastructure in Romania – Current Situation and Upcoming Legislative Changes
Relatively recently, the legislative process has once more turned its attention to the former Draft Law amending Law no. 186/2013 on the establishment and operation of industrial parks (DL-x no. 250/2014) adopted by the Senate on 28 April 2014 and by the Chamber of Deputies, as decisional chamber, on 4 May 2022 ("Amending Law"). The Amending Law will enter into force after promulgation by the Romanian President, who, nevertheless, has the prerogative of sending it back to the Parliament for re-examination.
Suciu Popa, Dentons, and NNDKP Advise on Romgaz Acquisition of ExxonMobil Subsidiary
Suciu Popa and Dentons have advised SNGN Romgaz on its acquisition of the ExxonMobil subsidiary that owns 50% of the rights and obligations for the Neptun Deep project in the Black Sea. Nestor Nestor Diculescu Kingston Petersen advised the seller.
Filip & Company and Firon Bar-Nir Advise on Medicover’s Acquisition of Laurus Medical
Filip & Company has advised Medicover on its acquisition of Laurus Medical network of clinics. Firon Bar-Nir advised the seller.
Changes of the Romanian Legal Framework in the Context of the National Recovery and Resilience Plan
To ensure the implementation and realisation of infrastructure projects, including those financed under the National Recovery and Resilience Plan (NRRP), the Romanian Government adopted the Emergency Ordinance No. 26/2022 on amending and supplementing certain regulatory acts in the field of public investment (GEO 26/2022). GEO 26/2022 entered into force upon its publication with the Official Gazette of Romania on 21 March 2022.
101 … Not Dalmatians, but Tracking Technologies Related Complaints: Highlights on Recent Case-Law
The past months have brought some important decisions from European data protection authorities (“DPA”) with respect to the use of cookies and the transfer of personal data outside the EEA, especially to the USA. This article aims to highlight the context and content of the decisions in question.
MPR Represents Getica In Dispute with Auchan Group Companies
MPR Partners has successfully represented insolvent electricity supplier Getica 95 Com in a dispute with three Auchan Group companies – Auchan Romania S.A., Coresi Business Park S.A., and Ceetrus Romania S.R.L.
Stratulat Albulescu and Cobalt Advise on Druid's USD 15 Million Series A
Stratulat Albulescu has advised Al start-up Druid on its USD 15 million series A financing round led by Karma Ventures and Hoxton Ventures. Cobalt advised Karma Ventures. Orrick Herrington & Sutcliffe reportedly advised Druid as well. Hoxton was reportedly advised by Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.
Andra Trantea and Paula Corban-Pelin Make Local Partner at DLA Piper
DLA Piper has announced that former Counsels Andra Trantea and Paula Corban-Pelin have been promoted to Local Partner with the firm’s Romanian office.
MPR Partners Secures Win for Bacau Municipality Against CET
MPR Partners has represented the Bacau Municipality in a dispute with CET SA over the Bacau district heating plant.
Popescu & Asociatii Successful for Sometra on Landfill Closure
Popescu & Asociatii has successfully represented Sometra SA, part of Mytilineos Holdings, in court proceedings concerning the closure of one of the 68 landfills for which Romania has been sanctioned by the European Court of Justice, following several infringement proceedings opened against Romania.
Bondoc si Asociatii and Dentons Advise on Bucharest Municipality RON 555 Million Bond Issuance
Bondoc si Asociatii has advised the Bucharest Municipality on the private placement and admission to trading of 55,500 bonds with a total issuance nominal value of RON 555 million. The issuance was intermediated by a syndicate of BRD Groupe Societe Generale and Raiffeisen Bank. Dentons advised the banks.