Legislation provides for the following types of aid that may be granted to refugees by individuals or legal entities.
Legal Education Programme for Individuals Fleeing Ukraine in Romania: Living in Romania
While notoriously intimidating to navigate, even for locals, real estate usage and ownership is essential for the two most common basic needs and concerns of every person, housing and work. The Romanian real estate system is largely aligned and similar with that existing in most European countries, nonetheless there are certain regulatory or market driven particulars which are of interest when looking for housing, accommodation, as well as for a place of setting up business. The below aims to break down the basics and provide tips & tricks for newcomers so that their experience is as streamlined and positive as possible.
DLA Piper Advises 2Ride on Casco Acquisition
DLA Piper has advised 2Ride on its acquisition of Casco. BNT Gilescu Valeanu & Partners and Tiefenbacher reportedly advised the seller.
RTPR and DLA Piper Advise on Catalyst Romania’s Investment in Evomag
Radu Taracila Padurari Retevoescu has advised Catalyst Romania Fund II on the acquisition of a minority stake in Evolution Prest Systems, which owns the Evomag e-commerce website. DLA Piper advised the seller.
DLA Piper Advises Galileo on Investment in Pagra
DLA Piper has advised Galileo on its acquisition of a minority stake in Pagra and the related partnership agreement.
Legal Education Programme for Individuals Fleeing Ukraine in Romania: Establishing a Non-Governmental Organization in Romania ("NGO")
The two main forms of non-governmental organizations that may be established in Romania are the associations and foundations. While an association may be incorporated by at least three domestic/foreign individuals/entities as founding members, a foundation may be incorporated by at least one domestic/foreign individual/entity as founding member(s). Associations are set up in order to carry out activities for the general interest, for the interest of a community or for the non-profit interests of its members and the law does not impose a minimum initial patrimony.
Legal Education Programme for Individuals Fleeing Ukraine in Romania: Entrepreneurship
Entrepreneurship in Romania.
Legal Education Programme for Individuals Fleeing Ukraine in Romania: Employment
We are four months into the conflict between Russia and Ukraine and still a long way from a conclusion awaited by so many people. Beyond the reasons of this conflict and potential outcome lies the dramatic change in the lives of the Ukrainian population. Daily updates in the proportion of displaced Ukrainians paint a vivid picture of the unfolding drama that affects not only Ukraine, but Europe and much parts of the world.
Recent EU-level Case Law Related to National-level Foreign Direct Investment Screening
Since the end of the 2010s foreign direct investment (“FDI”) considerations have been on the forefront of transaction planning and management. Although a unified EU-level screening mechanism is not in place, recently the European Commission (“EC”) closed a landmark case, while another one is currently ongoing before the European Court of Justice (“ECJ”) where the interplay of EU law and more specifically, EU merger law and national FDI rules were/are assessed. Dicta in these cases may have considerable implications in national FDI practice. This summary therefore provides a quick glance-through of the key notables taken from these cases.
Has Coaching’s Time Come for Central European Law Firms?
Although in most respects the law firm business in Central Europe is on par with other sophisticated practices in the rest of the world, coaching is one thing that has not been as widely adopted as elsewhere. This article addresses the questions of what coaching is, what it offers lawyers and law firms, and whether it should be more widely embraced by the legal profession in Central Europe.
Amendments to New Czech Building Act Under Discussion
In July last year, the new Building Act No. 283/2021 Coll. came into force. It’s the result of a reform of public building law that had been in preparation for several years. But it’s not certain that builders will follow it in its current form.
Partners-You-Trust and DLA Piper Advise on Investment in ReSpo.Vision
Partners-You-Trust has advised a consortium of investors led by FF Venture Capital and RKKVC on their investment in ReSpo.Vision. DLA Piper advised the founders of ReSpo.Vision on the seed round.
Recent Changes in Romanian Legislation Aim to Support the Renewable Energy Sector, Subject to Some Question Marks
In the current energy context, the RePower Europe package talks about an accelerated permitting procedure for renewable energy in Europe, as an absolutely measure to accelerate the development of green energy projects. However, in Romania, the permitting process for such projects is long, bureaucratic and takes about 540 days.
Employment Considerations on the Romanian Gig Economy
With the fast-paced development of applications in nearly every sector of the service industry and the advent of virtual services, Romania witnessed a rise in the number of people employed in the gig economy. CEE Legal Matters sat down with DLA Piper Head of Employment Monica Georgiadis and Schoenherr Head of Employment Mara Moga-Paler in Romania to discuss the legislative framework regulating gig workers, the labor risks and challenges they face, and the ways in which these might be addressed.
Strike! Law Firms Compete in 5th CEELM Budapest Law Firm Bowling Challenge
On June 30, 2022, CEE Legal Matters hosted the fifth edition of the CEELM Budapest Law Firm Bowling Challenge: A competition of four-person teams from leading law firms in Hungary, with all proceeds going to the previous winner’s charity of choice. A total of 13 law firms competed for the trophy – and the bragging rights that go along with it.
DLA Piper and Baker McKenzie Advise on Avallon and Genesis Capital Sale of Stangl Technik to Spie
DLA Piper has advised the Avallon MBO Fund II and the Genesis Private Equity Fund III on their sale of Stangl Technik Holding to Spie Central Europe. Baker McKenzie advised the buyer.
The Impact of Facial Recognition Systems on Democracy
Facial recognition system is considered an artificial intelligence solution empowered by a camera system, which can identify persons viewed based on image data stored in a related data base. Such systems have already been implemented around the globe in many countries and generally faced severe criticism, especially in Western democracies. Naturally, facial recognition systems have the capability of helping to prevent terrorist attacks and similar severe crimes an detect suspects and other persons of interest. In practice, however, such systems often provide inaccurate or biased results.
DLA Piper Advises Knorr-Bremse on Acquisition of Cojali
DLA Piper has advised Knorr-Bremse and its subsidiary Knorr-Bremse Systeme fur Nutzfahrzeuge on their EUR 200 million acquisition of a 55% stake in Cojali.