The Legal 500 > TMO Attorneys at Law in association with KPMG Romania > Bucharest, ROMANIA

Criminal liability of corporations – Global vs Romanian approach

Criminal liability of corporations is a hot topic worldwide. From financial institutions to global corporations, almost daily we hear about a large corporation being investigated, signing a Deferred Prosecution Agreement or being convicted, usually for money laundering, tax evasion or bribery.

- Popovici Niţu Stoica & Asociaţii
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|Asociații’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