Selection and awarding criteria in Romanian Public Procurement
In Romanian Public Procurement Procedures, there were cases qualified as unlawful practices because in the Award Documentation (abbreviated in the following ‘AD’), the Contracting Authority (abbreviated in the following ‘CA’) used unclear/equivocal award criteria or compliance requirements.
5 Steps for Due Diligence M&A in Romania
Due to the complex nature of mergers & acquisitions, the due diligence process could take between several weeks to several months.
Romanian M&A market – stock and asset purchases
Different forms of acquisition under Romanian Law: There are generally two types of purchases in relation to acquisitions of Romanian companies:
7 key steps during an International arbitration in Romania
Writing phase: Request for Arbitration and Answer Request for arbitration: Art. 10 of the Romanian Rules of Arbitration defines the Request for Arbitration as a brief document whose purpose is to announce the existence of the dispute by a narrow description of the conflict, indicating the identity of the parties, the claims and the proof …
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