Client briefs
Changes to Procedural Norms Regarding Legal Costs
On 9 April 2024, the Chamber of Deputies, acting as the decision-making body, adopted the legislative proposal to amend Article 30 of Law No. 51/1995 on the organization and practice of the profession of attorney-at-law and Article 451 of Law No. 134/2010 on the Civil Procedure Code (the ”Adopted Proposal”), following its earlier adoption by
Law 50/2024 on the implementation of the Digital Services Act has entered into force
Law no. 50/2024 on establishing measures for the application of the Regulation of the European Parliament and of the Council of 19 October 2022 on a single market for digital services and amending Directive 2000/31/EC (the “DSA”), as well as on amending and supplementing Law no. 365/2002 on electronic commerce, was published in the Official
Prior approval by the European Commission of Romania’s €3 billion state aid scheme for onshore wind and solar photovoltaic installations by means of contracts for difference
1. The European Commission’s decision: According to a press release published on 06 March 2024, the European Commission has given its prior approval to a Romanian aid scheme aimed at supporting installations that generate electricity from onshore wind and solar photovoltaic power plants. The official press release contains the following key information: • The support
Government Emergency Ordinance on Credit Administrators and Credit Purchasers
Status: During the session of the Government of Romania on 28 February 2024, the Government of Romania adopted the government emergency ordinance concerning credit administrators and credit purchasers (”GEO”). The GEO will come into effect only after its publication in the Official Gazette of Romania. Purpose: The GEO establishes a common framework and specific requirements
The entry into force of the Regulation of the Chamber of Commerce and Industry of Romania no. 27 of 6 December 2023 regarding the approval, supervision, control and sanctioning of the activity of commodity exchanges
1. General Aspects The Chamber of Commerce and Industry of Romania (”CCIR”) has published in the Official Gazette of Romania no. 77 of 29 January 2024 the Regulation no. 27 of 6 December 2023 regarding the approval, supervision, control and sanctioning of the activity of commodity exchanges (the ”Regulation”), which came into force on the
Intellectual Property Law | The Agreement on a Unified Patent Court
Romania is in process of passing the law for the ratification of the Agreement on a Unified Patent Court The Agreement on a Unified Patent Court[1] (the “UPC Agreement”), together the two EU regulations setting up the Unitary Patent (Regulations (EU) No 1257/2012 and (EU) No 1260/2012), make up the Unitary Patent package, designed to
The entering into force of the Order of the President of the National Authority for Consumer Protection no. 225 of 25 April 2023 regarding the information provided to consumers by economic operators conducting business online
On 25 January 2024, the Order of the President of the National Authority for Consumer Protection no. 225 of 25 April 2023 regarding the information provided to consumers by economic operators conducting business online (hereinafter referred to as the ”Order no. 225/2023”) entered into force. Order no. 225/2023 was published in the Official Gazette of
Certain amendments of the Romanian Criminal Code made in 2023
During the year 2023, the Romanian Criminal Code has been marked by several amendments, both in its general and special sections. We present below certain of the most important changes that the Criminal Code has undergone during the previous year: a. The general section of the Criminal Code The unity of the continued / complex