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Category: News

Labour law - Case of Bărbulescu v Romania
News News: client briefs

Labour law - Case of Bărbulescu v Romania

On 12 January 2016, the European Court of Human Rights (the “Court”) ruled that that there had not been a violation of Article 8 of the Convention for the Protection of Human Rights and Fundamental Freedoms protecting the individual’s private life in case of an…

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25.02.2016 by RODAX Management
Leroy și Asociații is the exclusive legal advisor to LACTALIS on the acquisition of ALBALACT
News News: news Spotlight

Leroy și Asociații is the exclusive legal advisor to LACTALIS on the acquisition of ALBALACT

Leroy şi Asociaţii is the exclusive legal advisor to LACTALIS on the acquisition of ALBALACT, the largest Romanian dairy producer. This is the first significant voluntary takeover bid to be carried out on the Bucharest Stock Exchange. Leroy şi Asociaţii is advising LACTALIS on all…

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02.02.2016 by RODAX Management
Leroy și Asociații assisting Lactalis on the acquisition of Albalact
News News: news

Leroy și Asociații assisting Lactalis on the acquisition of Albalact

Currently this article is only available in Romanian. Click here to read the full brief

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29.01.2016 by RODAX Management
Lactalis signed the contract for the takeover of Albalact, transaction quoted at 64 million EURO
News News: news

Lactalis signed the contract for the takeover of Albalact, transaction quoted at 64 million EURO

Currently this article is only available in Romanian. Click here to read the full brief

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29.01.2016 by RODAX Management
Law on mortgage bonds
News News: client briefs

Law on mortgage bonds

Law no. 304/2015 on mortgage bonds (the “Law”) was published with the Official Gazette on 4 December 2015 and will enter into force within 90 days as of its publication. (more…)

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23.12.2015 by RODAX Management
Law regarding the recovery and resolution of credit institutions and investment firms
News News: client briefs

Law regarding the recovery and resolution of credit institutions and investment firms

On 03 December 2015, Romania’s President has promulgated the law regarding the recovery and resolution of credit institutions and investment firms (the “BRR Law”), transposing the Bank Recovery and Resolution Directive (the “BRRD”). The BRR Law is now pending publication with the Official Gazette and…

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09.12.2015 by RODAX Management
Competition and Antitrust Law
News News: news

Competition and Antitrust Law

As part of Lawyer Monthly’s Europe Special Report, we turn our attention to the laws and issues surrounding competition and antitrust in Romania. To this end, we speak to Bruno Leroy and Eleonora Udroiu from Leroy și Asociații, one of Romania’s leading independent law firms.…

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14.09.2015 by RODAX Management
Anti-money laundering and terrorist financing | EU
News News: client briefs

Anti-money laundering and terrorist financing | EU

On 25 June 2015, the Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (“4th AML Directive“) entered into force,…

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29.07.2015 by RODAX Management
Amendments to the registration procedure with the Trade Registry and the Companies Act
News News: client briefs

Amendments to the registration procedure with the Trade Registry and the Companies Act

On 16 June 2015, the Law No. 152/2015 amending and supplementing the legislation regarding the registration with the trade registry (“Law No. 152/2015”) has been announced and is pending publication with the Official Gazette. The Law No. 152/2015 transposes the Directive 2012/17/EU of the European…

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08.07.2015 by RODAX Management
The New Law on the Insolvency of Individuals
News News: client briefs

The New Law on the Insolvency of Individuals

On 26 June 2015, Law no. 151/2015 regarding the insolvency of individuals (the “Law”) was published with the Official Gazette. The Law sets forth the legal framework for a collective procedure aimed at supporting the financial recovery of good-faith individuals, by means of covering their…

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03.07.2015 by RODAX Management
Draft Law Transposing the Bank Recovery and Resolution Directive
News News: client briefs

Draft Law Transposing the Bank Recovery and Resolution Directive

On 11 June 2015, a draft law regarding the recovery and resolution of credit institutions and investment firms, and for amending and completing certain enactments in the financial field (the “Draft Law”), transposing the Bank Recovery and Resolution Directive (the “BRRD”), was published for public…

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22.06.2015 by RODAX Management
The Law un Encouraging Individual Investors - Business Angels
News News: client briefs

The Law un Encouraging Individual Investors - Business Angels

On 2 June 2015, the Law no. 120/2015 on encouraging individual investors – business angels (“Business Angels’ Law”) was published with the Official Gazette. Click here to read the full brief

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04.06.2015 by RODAX Management
Recent Legal Developments in the Oil & Gas Sector and the Main Challenges for the Industry in 2015
News News: client briefs

Recent Legal Developments in the Oil & Gas Sector and the Main Challenges for the Industry in 2015

(more…)

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28.04.2015 by RODAX Management
The New Law on Alternative Investment Fund Managers
News News: client briefs

The New Law on Alternative Investment Fund Managers

On 18 March 2015, the Romanian Parliament passed the law on alternative investment fund managers (“AIFM law”)1, which transposes EU Directive 2011/61 on Alternative Investment Fund Managers (“AIFMD”)2 into Romanian legislation. Click here to read the full brief

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23.04.2015 by RODAX Management
Amendments to Romanian Labour Code
News News: client briefs

Amendments to Romanian Labour Code

The Romanian Parliament has recently passed Law no. 12/2015 for the modification and supplementation of Law no. 53/2003 – the Romanian Labour Code (“Law 12/2015”). Law 12/2015 was published in the Romanian Official Gazette, Section 1, No. 52/22.01.2015 and will enter into force on January…

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26.01.2015 by RODAX Management
Amendments to the Romanian Capital Market Law
News News: client briefs

Amendments to the Romanian Capital Market Law

On 30 December 2014, Government Emergency Ordinance no. 90/2014 (“GEO no.90/2014”) amending Law no. 297/2004 on capital markets (“Romanian Capital Market Law”) was published with the Official Gazette. The provisions of GEO no. 90/2014 have entered into force on 9 January 2015. (more…)

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16.01.2015 by RODAX Management
Petroleum Law: New Rules on Petroleum Transport Systems and Petroleum Royalties
News News: client briefs

Petroleum Law: New Rules on Petroleum Transport Systems and Petroleum Royalties

The Romanian Parliament has recently adopted Law no. 127/2014 amending and supplementing the Electricity and Natural Gas Law no. 123/2012 and the Petroleum Law no. 238/2004. (more…)

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22.10.2014 by RODAX Management
Proposed Amendments to the Romanian Capital Market Law
News News: client briefs

Proposed Amendments to the Romanian Capital Market Law

On 6 October 2014, the Ministry of Public Finance launched for public debate a draft law amending and supplementing Law no. 297/2004 on capital market. (more…)

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20.10.2014 by RODAX Management
RASDAQ Market Dismantling
News News: 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. (more…)

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07.10.2014 by RODAX Management
Recent Reform of the Romanian Law on Unfair Competition
News News: client briefs

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…

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11.09.2014 by RODAX Management

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