Anti-corruption compliance concerns & best practices in time of COVID-19

In the middle of a crisis such the current one, companies face variousunforeseeable challenges. And although at this moment the attention is directed towards overcoming this situation, one may not neglect how this outcome is achieved, especially considering that once the “storm”is over, misconducts tend to come to light and regulators will almost sure enforce …

About strategic businesses during the COVID-19 pandemic

With a fewnotable exceptions, all companies are struggling these days. For some itis about organizing general business survival, for some it is about dealingwith the short-term cash-flow management, some are restructuring their businessand resetting the employment scheme, while for some the only option was tofreeze production and apply for various public support measures.

The aftermath of COVID-19 outbreak – Practicing social distancing during AGMS of listed companies

Introduction As the negative consequences of COVID-19 continue to expand, companies are facing various demanding challenges, one of them being related to the organisation of the Annual General Meetings of the Shareholders (“AGMS”).

COVID-19: Real Estate market implications. Particular insights into Lease Agreements

1. Introductory aspects Since its outbreak in November, 2019 in China, COVID-19 has rapidly spread across Europe, the general opinion being that the peak is yet to come. The aggressive rate of spreading of COVID-19 has marked the financial markets, which now indicate a decrease of the earnings expectations.

State aid amid COVID-19 outbreak

PNSA COVID-19 Legal Response Team

COVID-19: Arbitration – Where to?

The COVID-19 pandemic has shaken the globe and virtually all sectors have had to adapt to an increasingly contact-free environment. The world of arbitration is no exception, and in the past weeks we have seen a series of adjustments and solutions targeted at both safeguarding the health of participants and preserving the continuity of the …

Coronavirus & competition. Breach of Competition Law? “Price gouging” or not?

First one: Coronavirus & competition – any potential link?

PNSA advised Ameropa Group on a €324 million syndicated financing

PNSA advised its long-standing client Ameropa Group, worldwide leading Swiss grain and fertilizer trader, on the €324 million multicurrency revolving financing granted by a syndicate of banks composed of Banca Comerciala Romana, Raiffeisen Bank, ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank.

Oresa sales Somaco to LafargeHolcim

PNSA advised the Swedish investment fund Oresa on the sale of Somaco, one of the leading precast concrete producers in Romania, to LafargeHolcim.

OPTIblue and Klarmann to be taken over by Innova Capital

OPTIblue and Klarmann to be taken over by Innova Capital Popovici Niţu Stoica & Asociaţii advised Optical Network, the leading retailer and an important distributor on the Romanian optical market, on its sale to private equity fund Innova Capital.