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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by Buzescu Ca

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Romania: VAT registration no longer required for electricity traders on OPCOM markets

September 2013 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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September 2013 - Projects,  Energy and Natural Resources. Legal Developments by Buzescu Ca. More articles by this firm.

Author: Corina Papuzu, Senior Associate

Starting with September 1, 2013, the VAT registration is no longer required for electricity trading on the Day-Ahead Market and Intra-Day Market operated by OPCOM, the Romanian Electricity and Gas Market Operator.

LEGAL FRAMEWORK FOR MINING OPERATIONS IN ROMANIA

March 2012 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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The main law and regulations regarding mining operations are:

(i)         Mining Law no.  85 of 2003 ("Mining Law"), as further amended;

(ii)        Decision no. 1208 of 2003 regarding the Approval of the Norms for the Application of the Mining Law;

Settlement reached in Romanian construction dispute

October 2011 - Corporate & Commercial. Legal Developments by Buzescu Ca.

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A Romanian subsidiary of Canadian construction company Canam has settled its long running dispute with two
local businesses over the building of an office block in Bucharest.

Renewable Energy - Wind Power

October 2010 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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The land on which a wind farm can be developed can be procured by concluding agreements for concession, association by participation, or sale and purchase agreements with local authorities, i.e. Local Councils, or with private entities, i.e. individuals or legal persons. 

LEGAL FRAMEWORK OF THE PETROLEUM INDUSTRY

November 2009 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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Main regulations:      Petroleum Law no. 238 of 2004 (“Petroleum Law”)   .   Methodological Norms for the Application of Petroleum Law (“Norms”)      Technical instructions, and other regulations issued by the National Agency for Mineral Resources    .   Gas Law no. 351 of 2004 (“Gas Law”)    .   Natural Gas Permitting and Licensing Regulations

 

Public Procurement Procedures

May 2009 - Corporate & Commercial. Legal Developments by Buzescu Ca.

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Legal Framework Government Emergency Ordinance no. 34 of 2006 on the Award of Public Contracts, Public Works Concession Contracts and Services Concession Contracts (“GEO 34”) implements the main provisions of the relevant EU Directives with regard to the public procurement.

Requirements for Access to the Romanian Electricity Trading Market

December 2008 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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This is a summary of the requirements for access to the Romanian electricity trading market.

Infringement of Trademarks Protecting the Form and Packaging Shape of the Products

December 2008 - Intellectual Property. Legal Developments by Buzescu Ca.

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The recent Decision no. 962 of June 4, 2008 of the Bucharest Tribunal set a precedent in Romania regarding the protection of the product form, and packaging shape of the product by registered trademarks.

Employment and Assignment of Aliens in Romania

December 2008 - Employment. Legal Developments by Buzescu Ca.

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The legal regime of the employment and assignment of the aliens in Romania is regulated by Emergency Government Ordinance no. 56 of 2007 Regarding the Employment and Assignment of the Aliens and Emergency Government Ordinance no. 194 of 2002 Regarding the Aliens Regime.

Notification of the Position of Significant Shareholder in an Investment Company

December 2008 - Finance. Legal Developments by Buzescu Ca.

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This article presents the relevant legal requirements concerning the notification of the intent to acquire the position of significant shareholder in an Investment Company, as well as some considerations based on our recent practice with the Securities Commission.

Statutory Easements for Gas Production Operations

November 2008 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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Two recent court cases confirmed the statutory protection of the land easements in relation with gas production operations.

Physical Power Trading in Romania

August 2006 - Projects, Energy & Natural Resources. Legal Developments by Buzescu Ca.

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The physical electricity in Romania can be traded on the following markets:

  1. the Wholesale Electricity Market regulated by the Commercial Code of Wholesale Electricity Market of 2004, which includes the Bilateral Agreements Energy Market, the Day-Ahead Market (‘DAM"), the Balancing Market, and the Ancillary Services Market; and
  2.  

  3. the Retail Energy Market;
  4.  

  5. the Green Certificates Market.
  6.  

The regulatory authority regarding the physical gas market in Romania is the Romanian Energy Regulatory Authority ("RERA").

New Customs Proceedings in Romania Regarding the Protection of Intellectual Property Rights

February 2006 - Intellectual Property. Legal Developments by Buzescu Ca.

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The Law no. 344 of 2005 on Measures for Insuring the Compliance with the Intellectual Property Rights within Customs Proceedings (“Law no. 344”) entered into force on February 3, 2006. Law no. 344 brought significant amendments to the procedure introduced by Law no. 202 of 2000.

According to Law no. 344, in order to have an intellectual property right monitored by the customs, the owner of an intellectual property right (“IP Owner”) must file with the Customs Authority a special Declaration whereby: