Client brief list EN

Client briefs

RASDAQ Market Dismantling

On 30 September 2014, the Romanian Chamber of Deputies adopted a law intended to clarify the legal status of shares traded on the Rasdaq market and the unlisted securities market.

Recent Reform of the Romanian Law on Unfair Competition

Government Ordinance no. 12/2014 has recently amended the main Romanian legal enactment on unfair competition – Law no. 11/1991. The scope of these amendments covers the content of the prohibited unfair competition practices, as well as a more precise regulation of the Competition Council’s role in sanctioning such practices.

New Romanian Pre-Insolvency and Insolvency Law

On 24 June 2014, the President of Romania has promulgated the new Pre-insolvency and Insolvency Law, which had been passed by the Chamber of Deputies on 15 April 2014 and found constitutional by the Romanian Constitutional Court on 21 May 2014.