CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On August 30, 2022, CEE Legal Matters reported that Popovici Nitu Stoica & Asociatii had advised Meta Estate Trust on its IPO and listing of shares on the AeRO market of the Bucharest Stock Exchange. CEE In-House Matters spoke with Raluca Dragan, CFO at Meta Estate Trust, to learn more about the matter.
A joint order of the Ministers of Finance and of Research, Innovation and Digitization, No 3.265/21.453/2022, published in Official Gazette No 967 on 4 October 2022, (the “Order”) amends and supplements joint order of the Ministers of Public Finance and of National Education and Scientific Research No 1.056/4.435/2016 to approve norms on de-ductions for research and development expenses when calculating the taxable result for profit tax purposes.
Adrian Fenesan, Andrei Zamfirescu, and Tudor Oancea have been appointed as Associated Partners at BNT Gilescu Valeanu & Partners.
Vlasceanu Nyerges & Partners has advised Eurowind Energy on its acquisition of a 48-megawatt wind project in Pecineaga, Romania. Popovici Nitu Stoica & Asociatii advised the seller.
Popovici Nitu Stoica & Asociatii has advised Provita owners Ada and Ovidiu Palea on the sale of a 51% stake in the company to MedLife and the new shareholder agreement. Mitel & Partners advised MedLife on the acquisition.
Wolf Theiss, working together with Goodwin Procter and Haynes Boone, has advised Emona Capital on its USD 20 million minority investment in Amber Studio. Filip & Company advised Amber.
Suciu Popa has launched the Restructuring, Insolvency, and Turnaround practice within the firm, with Managing Partner Miruna Suciu and Partner Daciana Popa at the helm.
Filip & Company has successfully represented Color Smart in securing, under a final court decision rendered in injunction proceedings, the deletion of an Internet post containing defamatory accusations by a competitor.
Cytowski & Partners advised Earlybird Ventures in its EUR 4.5 million seed financing to Sessions. SLV Legal advised Sessions.
Former Managing Associates Ioana Florea, Cosmin Soare-Filatov, and Simina Rusanescu have been promoted to Partner at Leaua Damcali Deaconu Paunescu.
On August 30, 2022, CEE Legal Matters reported that Boyanov & Co had advised Yara International on the sale of Bulgarian and Romanian businesses Yara Bulgaria and Yara Digital Romania to the Nik Group. CEE In-House Matters spoke with Sverre Hodnebo, Legal Counsel at Yara International, to learn more about the sale.
Filip & Company has advised Promateris shareholders Florin Pogonaru and Tudor Georgescu on the sale of a 24% stake in their company to Paval Holding.
PwC Legal Romanian affiliate D&B David and Baias has advised DataArt on its acquisition of Lola Tech.
Stoica & Asociatii has successfully represented Aqua Carpatica before the Romanian High Court of Cassation and Justice in a trademark litigation dispute.
Filip & Company has advised Alesonor Real Estate Development on its partnership with Pescariu Sports & Spa for the development of the sports center and leisure areas within Alesonor's Amber Forest project in Romania.
Law no. 275/2022 to repeal Government Emergency Ordinance no. 37/2021 to amend and supplement Law no. 53/2003 - Labour Code has been published in the Official Gazette of Romania, Part I, no. 961 of 3 October 2022 (“Law 275/2022”).
Bogdan Bularda has been promoted to Partner with Grecu & Asociatii in Romania.
Radu Taracila Padurari Retevoescu has advised Integral Venture Partners on its investment in Medima Health. Schoenherr reportedly advised Medima Health majority shareholder Morphosis Capital Fund I.
Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.
Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.
Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021).
