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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 Volciuc-Ionescu

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Amendments to the renewables incentives scheme aimed to save the renewable energy from collapse

April 2017 - Projects, Energy & Natural Resources. Legal Developments by Volciuc-Ionescu.

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Background

The green certificates support scheme in a nutshell

Romania implemented a support system for renewable energy based on green certificates (GCs) granted free of charge to producers of electricity from certain renewable energy sources (hydropower <10 MW, wind, solar, biomass, landfill gas and sewage treatment plants), and an obligation imposed on electricity suppliers to acquire a certain number of GCs.

New PPP Law in Romania to jump-start the use of public-private partnership

January 2017 - Projects, Energy & Natural Resources. Legal Developments by Volciuc-Ionescu.

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The highly anticipated new Romanian law on public-private partnership ("New PPP Law") has been finally enacted and will enter into force on 25 December 2016. It replaces the former Law no. 178/2010 on public-private partnership, which due to significant legislative inconsistencies has failed to accommodate any public-private partnership ("PPP").

Trade Finance in Romania: Taking Security over Oil in Storage Terminals

June 2016 - Finance. Legal Developments by Volciuc-Ionescu.

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Trade finance is generally not very developed in Romania, at least by comparison with other EU Member States and developed and emerging markets.  In this briefing, we set out certain remarks in relation to taking security over oil products which are in storage in oil terminals in Romania, which should be considered in the context of an oil products trade finance transaction.