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Redcliffe Partners and Clifford Chance have advised the Kingspan Group on its acquisition of Mercor’s natural smoke exhaust and fire ventilation business in a transaction spanning Spain, Ukraine, the United Kingdom, Romania, Hungary, the Czech Republic, Slovakia, and Poland. White & Case, and reportedly Avellum, advised Mercor.

Nestor Nestor Diculescu Kingston Petersen’s Competition practice has navigated a broad mix of mandates, including investigations, complex litigation, and a growing volume of merger control and FDI filings, according to Partner and Head of Competition, State Aid, EU Law, and FDI, Anca Diaconu. The team has also seen clients make fuller use of procedural tools, reflecting a more sophisticated and fast-moving enforcement environment.

The Romanian Parliament has adopted, in its decisional chamber, a new law introducing provisions regarding real estate transactions involving future residential properties, such as units in condominiums or individual dwellings under development (the “Legislative Proposal“).

The autonomy of will is recognized as a fundamental principle of Romanian civil law, allowing the parties to freely determine the content of their contracts, within the limits imposed by law, public order and good morals. In private international law, this autonomy acquires a specific dimension, manifested in the parties’ freedom to designate the law governing the contract. However, when considered in relation to its specific meaning in private international law, this autonomy of will raises an important question: can the parties choose a foreign law to govern the contract even when there is no element of foreignness in the contract?

Romanian Knowledge Partner

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). 

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