The Legal 500

Wolf Theiss

SCHUBERTRING 6, 1010 VIENNA, AUSTRIA
Tel:
Work +43 1 515 10
Fax:
Fax +43 1 515 10 25
Email:
Web:
www.wolftheiss.com
Zagreb, Warsaw, Vienna, Tirana, Split, Sofia and 10 more

Show all Press releases

WOLF THEISS ROMANIA NAMED ENERGY LAW FIRM OF THE YEAR

April 2012

Bucharest/Vienna, 11 April 2012 – WOLF THEISS has been named "Energy Law Firm of the Year” at the first annual Romanian Energy Awards. The award was presented to Bryan Jardine and Ciprian Glodeanu, Partners at Wolf Theiss, at a ceremony held at the Crowne Plaza Hotel in Bucharest on 4 April.

Bucharest/Vienna, 11 April 2012 – WOLF THEISS has been named "Energy Law Firm of the Year” at the first annual Romanian Energy Awards. The award was presented to Bryan Jardine and Ciprian Glodeanu, Partners at Wolf Theiss, at a ceremony held at the Crowne Plaza Hotel in Bucharest on 4 April.

The Awards Gala, organized by The Diplomat – Bucharest, recognizes the outstanding success of firms and individuals in special projects and areas of business as well as overall involvement in the development of the country’s business climate. Wolf Theiss achieved this recognition due to its successful track record of deals and projects in the energy sector.

Partner Ciprian Glodeanu, who was also one of the three lawyers nominated in the category “Energy Lawyer of the Year,” said: “We are delighted that our work and legal strength in the energy sector has been recognized by our peers and by an acclaimed jury board that included representatives from the Romanian Government.”

Partner Bryan Jardine added: “Romania is one of the most dynamic markets for energy and RES-electricity in the CEE region and we have seen a marked increase in investor and other stakeholder interest in a variety of groundbreaking projects. Wolf Theiss is excited to be in a strong position to offer top notch legal advice to current and prospective clients and to contribute to advancements in this important sector.”

Wolf Theiss has advised on a number of significant RES deals and is currently advising one of the world largest wind turbine suppliers during the implementation of several prominent wind projects across Romania, with an installed capacity of more than 500 MW. The firm is one of the founding members of the Romanian Photovoltaic Industry Association and is a member of the Romanian Wind Energy Association.

In March of this year, Wolf Theiss launched its authoritative guide to RES-Electricity, first published in 2010. A link to the guide is available here.

Download Press Release (English)
Download Press Release (German)
Download Photo Romania Energy Law Firm of the Year


For more information please visit www.wolftheiss.com

Legal Developments by:
Wolf Theiss

  • EU TRANSACTION TAX: ADDITIONAL BURDENS ON BANKS?

    The finance ministers of the European Union met again last week to discuss the plan of introducing a single EU financial transaction tax. According to the plan, a 0.1 percent tax would be levied on bond and capital transactions, while a 0.01 percent tax would be charged on derivatives transactions.
    - Wolf Theiss

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Czech Republic: Business Shares in the Community Property of Spouses

    The discussion about the business shares of companies owned in the community property of spouses – regulated by the new Czech Civil Code and Business Corporations Act (both effective from 1 January 2014) – has recently come to a standstill over the question of the consequences of the absence of such a regulation, which was formerly included in the old Civil Code from 1964. This regulation distinguished between proprietary and management issues (corporate issues), which meant that if a married person acquired a business share it did not automatically result in membership in the company for their spouse. Read more
  • Serbia: New Law on Conversion of Right over Construction Land into Ownership against Compensation

    The long-expected Law on conversion of usage right into ownership against compensation (" Conversion Act ") entered into force on 28 July 2015.  Read more...
  • ECHR -- Internet News Portals May Be Held Liable for User-generated Comments

    On 16 July 2015, in a case of first impression, the Grand Chamber of the European Court of Human Rights (" ECHR ") issued its final decision regarding the liability of a news portal for offensive comments made by its users. In the case Delfi AS v. Estonia (application no. 64569/09, the " Case "), the ECHR decided that holding an internet news portal liable for comments made by a third-party commentator to the portal’s site is not in breach of the portal’s freedom to impart information.  read more...
  • Austria: Court confirms advance effects of the new procurement directives

    As sufficiently known by practitioners of public procurement law, the transition pe-riod for the new Directives on public procurement law 2014/23/EU, 2014/24/EU and 2014/25/EU ("the Directives"), which entered into force in March 2014, will predominantly elapse on 18 April 2016.  read more...
  • Bulgaria: The Latest Amendments to the Credit Institutions Act: the Dictates of Bank Secrecy Overcom

    The Bulgarian Corporate Commercial Bank ("CCB")’s insolvency has resulted in a variety of changes to the Bulgarian banking legislation. Lifting of bank secrecy in cases of bank insolvency is the newest addition to the pile of governmental attempts at accountability and transparency stemming from the CCB affair.  read more...
  • Serbia: Mortgage Act amendments adopted

    The long-anticipated amendments to the Serbian Mortgage Act (" Mortgage Act "), published in the Official Gazette of RS no. 60/2015, entered into force on 16 July 2015. We would like to highlight the following changes:  read more...
  • Bulgaria: Draft Law Implementing BRRD Needs to be Amended to Provide "Appropriate Protection" for Cl

    On 10 July 2015, the Bulgarian parliament passed, at first reading, a bill intended to implement the EU Bank Recovery and Resolution Directive (BRRD). When that bill becomes law, it will provide, inter alia, increased protection for the close-out netting arrangements involving Bulgarian banks in distress. However, the bill must be amended in order to provide "appropriate protection" for close-out netting as required under the BRRD.  read more... 
  • Hungary: Easement on Loan Portfolio Transfers

    The Hungarian Parliament has adopted an amendment to the Hungarian Banking Act (entering into force on 7 July 2015) that provides for the regulation of loan portfolio transfers.  The amendment aims to make Hungarian banks' lives easier by deviating from the general rule of the Hungarian Civil Code which normally requires a borrower to agree to the transfer between lenders and terminates all security interests, unless the security provider likewise agrees. read more...
  • Austria: Reform Proposals Seek to Clarify Breach of Trust

    The debate around Section 153 of the Austrian Criminal Code, relating to the offence of breach of trust, is now entering the next round. The question as to whether the legislature will heed the Austrian business community's call for urgent reform could be answered toward the end of this year. Read more...
  • EU/Austria: Implementation of the Water Framework Directive

    As one of its main environmental objectives, EU Directive 2000/60/EC ("Water Framework Directive" – WFD), in concreto its art 4, requires all Member States to achieve – subject to several exemptions, such as the possibility to extend the timeframe – the "good status" of all surface water bodies and groundwater bodies by 22 December 2015. read more...