Law
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Government has become the real Parliament
The Parliament did not adopt any bill likely to generate an impact until May 10, with most of the normative acts sent to be signed into law being emergency ordinances of the Government and bills for which the Government assumed responsibility.
How the Government sees PPPs: We have adopted the law, now the private sector should come up with the money!
Public-Private Partnerships (PPP) do not mean that the Government comes with the plot and then sits around waiting for investors to bring the money, do the project and then share the benefit...
Nestor, the biggest law firm, loses 3 key people
Francisc Peli, Carmen Peli and Cristina Filip as well as another 10 lawyers will all depart Nestor and join a new firm - Peli Filip. Nestor Nestor Diculescu Kingston Peterson (NNDKP), the bi...
Spanish law firm Garrigues enters local market via merger
Spanish law firm Garrigues has officially entered the Romanian market via a merger with Mares & Asociatii, a medium-sized firm. "We will operate under the name Garrigues Romania, and will fo...
What's in the draft law for investment incentives
The draft law on investment stimulation, which the Government passed in a first hearing last Wednesday, stipulates incentives both for Romanian and foreign investors that operate in the proc...
Former head of Novartis enters consulting market with Nestor law firm
Nicolae Voiculescu (44), former head of the local division of Swiss pharmaceutical giant Novartis, has founded a healthcare consulting company, Link Resource, and announced on Monday a partn...
Legal 500: Local law firms dominate the market
Romanian law firms still dominate the local market, while the most active firms include Nestor Nestor Diculescu Kingston Petersen (NNDKP), Musat & Asociatii, Tuca Zbarcea & Asociatii and Rad...
Top law firms involved in deals worth 3.5bn euros
Transactions that entailed the sale of Daewoo Craiova to American carmaker Ford, of BT Asigurari (BT Insurance), of the America House office building, and the aggressive acquisition campaign...
Romanian law discourages private pensions savings
Romanian legislation does not encourage savings via private pensions, as other countries in the region do. The fiscal incentive for private pensions is the lowest in the region, and even in...