After a slight increase in VAT rates at the beginning of this year and the abolition of customs duties on industrial products, the next round of changes in the area of VAT is around the corner. Although the Federal Council has not yet confirmed the official enactment date, it is expected that the VAT changes …
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Since our establishment twenty-seven years ago, KANGS has built a reputation of representing clients in white-collar fraud, regulatory and tax litigation matters. We have earned numerous accolades and hold the highest rankings in the prestigious legal directories such as Chambers UK and the Legal 500 where we have the coveted ‘Top Tier’ status for the …
In Sweden, there are mainly two systems for resolving a commercial dispute; litigation or arbitration. To effectively navigate the Swedish legal landscape, it is crucial to understand the intricate aspects of both systems. This article aims to provide foreign parties with an overview of the litigation and arbitration processes in Sweden, covering various aspects such …
Under Romanian law, foreign judgments are jurisdictional acts, whether contentious or not, issued by courts, notaries or any other competent authority from a non-EU state. Similarly, foreign arbitral awards are international or national arbitral awards rendered in a foreign state and which are not considered national judgments in Romania. In principle, the Romanian law requires …
Continue reading "Recognition and Enforcement of Foreign Judgments and Arbitral Awards in Romania"