The Legal 500

Legal Developments in Romania

• New Provisions Concerning Critical Infrastructure in Romania

  I.General context
  - Maravela & Asociaţii

• State aid scheme in Romania

  1. Introduction
  - Maravela & Asociaţii

• Romanian joint stock companies: board decisions on share capital increase can be challenged

  Pursuant to a decision of the Romanian Constitutional Court published on August 1, 2018, board decisions regarding share capital increases can now be subject to an action for annulment.
  - Maravela & Asociaţii

• Maravela|AsociaÈ›ii’s competition practice on the rise

  With an increasing work load and Client portfolio on the rise, Maravela|Asociații’s competition department sustained a considerable development throughout the past five years, driven by the passion and specialization of the entire team.
  - Maravela & Asociaţii

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

  Background
  - Volciuc-Ionescu

• LAW ON THE TERMINATION OF INTRA-EU BILATERAL INVESTMENT TREATIES

  1. The adoption of the Law on the termination of intra-EU BITs
  - Peli Filip

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

  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" ).
  - Volciuc-Ionescu

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

  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.
  - Volciuc-Ionescu

• The Dispute Resolution Review Sixth Edition - Romania

  Disputes in Romania are settled in court in the vast majority of cases, under procedures regulated mainly by the new Civil Procedure Code (CPC). The CPC entered into force on 15 February 2013, has carried out a systemic and extensive overhaul of the Romanian dispute resolution model. With a specific focus on acceleration of trial proceedings, the new regulation has reformed both the schedule and the content of proceedings taking place in various phases of the lawsuit, while attempting to clarify many of the controversies raised by interpretable provisions in the former regulation.
  - Tuca Zbarcea & Asociatii

• For sale: Romania - "Europe's granary"

  Initiated late November 2013 and adopted by the Romanian Parliament on 17.12.2013 (to be published upon the President's confirmation), the law regarding purchase of agricultural lands by non Romanian EU Citizens is setting the ground rules expected for the past 7 years, since Romania's accession to EU.
  - Drakopoulos Law Firm