In Romania's largest leveraged buyout and largest retail transaction to date, Dechert lawyers guided private equity buyout investor Mid Europa Partners (MEP) ...

From 6 February 2012, the National Trade Registry and the National Agency for Fiscal Administration issued new rules meant to facilitate formalities associated with company incorporation and changing a company’s registered seat in Romania.

Recent years have brought significant progress in terms of formalities for the incorporation of legal entities that carry out economic activities. The trend is to streamline...

Although dual class voting structures have been around since the early 20th century, opinions remain divided on their merits.

3 July 2020 – The Romanian parliament has amended Law no. 31/1990 on companies through the newly enacted Law no. 102/2020 (the "Law")...

In the anticipation of the Corporate Sustainability Due Diligence Directive and the greater emphasis buyers will put on due diligence of processes and evaluation of risks...

With its decision in the "VALE" case (and previously in "Cartesio"), the European Court of Justice (ECJ) has recognised cross-border changes of form which simultaneously preserve a company's identity...

The filing of a complaint against an ISU decision for the temporary suspension of the activity shall not automatically stay the decision, marking a derogation from the general regime applicable to complaints against minor offences.

On 20 May 2021 Schoenherr together with Romanian Business Leaders organised the "M&A | why do it now?" webinar.

i.One or more Managing Directors only

EU Directive 2019/2121 (also known as the "Mobility Directive") aims to create a reinforced framework for cross-border operations while ensuring the protection of employees...

A series of minor yet impactful amendments were introduced to the Romanian Companies Law through Law No. 102/2020, which came into force on 5 July 2020, ...

The absence of a contract regulating the duration and termination of a distribution relationship does not necessarily entitle a party to abruptly terminate the agreement without facing financial exposure to the other party.

On 8 October 2024, the Romanian law on the use of electronic signatures, timestamps and the provision of trust services based on these ("Electronic Signature Law")...

When it comes to the private sector, M&A transactions are usually structured as share deals or asset deals qualifying as transfer of a business as a going concern.

This paradigm has changed and companies can now opt to distribute their dividends annually or quarterly.

The Romanian Government has recently passed a legislative package aimed at strengthening public finances and tightening corporate rules. Among the most important changes are those concerning...

In May 2020, a group of Romanian senators have proposed a legal enactment to prohibit the sale of shares owned by the Romanian state for a two-year period.

Much of the discussion has focused on the postponement of the rules applicable to high-risk AI systems. While this is undoubtedly the most significant change for companies, it is far from the only one. The Digital Omnibus also amends a number of substantive AI Act requirements, while confirming that several important obligations continue to apply from 2 August 2026.