What are the most important challenges of the preventive concordat?
What are the main stages of the preventive concordat procedure? A preventive concordat (judicial pre-insolvency arrangement) is an effective legal solution, providing a regulated framework for debt restructuring and the avoidance of insolvency proceedings in Romania. However, this restructuring proceeding in Romania is not without significant challenges. The preventive concordat in Romania is governed by Law 85/2006, and correctly completing each stage …
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Institutional Transition, Legal Response: What Companies Can Do Amid a Changing Legislative Climate
Essential legal strategies for companies in periods of legislative instability During periods of institutional transition, companies face an increasing need for legal adaptation, especially in the context of legislative changes. In this framework, collaboration with a business lawyer, a commercial lawyer, or a corporate lawyer becomes essential to navigate legal challenges and prevent the emergence …
New taxes and legislative changes from the perspective of a tax lawyer in Romania
A major legal test for companies in Romania The multitude of tax changes in Romania and legislative reforms announced by Romanian authorities for the second half of 2025 and early 2026 represents a major legal challenge for the business environment. From increasing sector-specific taxes to redefining eligibility criteria for micro-enterprises, companies are compelled to urgently …
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Justice in Transition? How Leadership Shifts May Impact the Business Landscape
Reforms can bring both risks and opportunities for companies. How market players can prepare legally In times of institutional transition or shifts in the vision of the judicial system, companies must be prepared to manage the associated uncertainties. Such moments require a clear understanding of reforms that may have indirect effects on how justice functions, …
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Arbitrating Trademark Disputes Following Mangayarkarasi – The Extent of Contractual Reach into Public Law
Lakshmidevi Somanath* The Supreme Court of India’s 2025 decision in K. Mangayarkarasi and Anr v. N. J. Sundaresan marks an important turn in Indian arbitration jurisprudence and delimits, for the first time, what constitutes the permissibility and the scope of arbitration within the Indian legal order. [1] The case is regarding an application under …
Irish Citizenship by Descent: Why British Residents in Dubai Are Reclaiming EU Rights
In the years following Brexit, a growing number of British nationals based in Dubai have taken a strategic step to restore their European mobility: applying for Irish citizenship by descent.
BOTS, BORDERS AND BRUSSELS: THE EU AI ACT AND GIBRALTAR
In today’s world finding wide spread consensus is rare. One notable exception, however, appears to be the rise and use of artificial intelligence (“AI”). Since the widespread adoption of LLM based AI (such as Chat GPT, Claude or Gemini), and their steady adoption into everyday tools and services, one conclusion is difficult to escape. AI …
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FAMILY OFFICE STRUCTURES: BUILT YEARS AGO, STILL RIGHT TODAY?
Family Office Structures: Built Years Ago, Still Right Today? For Summary Q&A click here. Most family offices don’t start with a blank page. They inherit something: a trust settled years ago, a holding company that has quietly sat at the centre of things, together with a set of arrangements that made perfect sense at the …
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The AI Legal Privilege, and Professional Risk
UK v Secretary of State for the Home Department [2026] UKUT 00081 (IAC), The decision in UK v Secretary of State for the Home Department represents an important judicial intervention into the use of artificial intelligence (“AI”) in legal practice, highlighting the risks such tools pose to core professional duties, particularly client confidentiality and legal …
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What Does the UK–EU Gibraltar Treaty Mean for Fund Managers?
On 15 July 2026, the UK–EU Agreement in respect of Gibraltar enters provisional application. It is the most significant development in Gibraltar’s relationship with the European Union since Brexit, but its practical effect is often misunderstood. For summary Q&A click here. For fund managers, the starting point is clear: the treaty does not change Gibraltar’s …
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