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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

Leroy și Asociații promotes four lawyers

Leroy și Asociații, a law firm with over 25 years of experience in the Romanian market, announces the promotion of four lawyers: Adriana Spătaru – Counsel (Real Estate / IP), Cristian Bumbac – Senior Associate (Banking & Finance), Mihnea-Ioan Rațiu – Senior Associate (Energy and Natural Resources / Projects and Infrastructure) and Mara Dosinescu –