Interest rates paid on minimum reserve requirements starting with 24 June to...
In the Official Gazette of Romania, Part I, no. 536 of 18 July 2014 was published the Management Board Circular of the National Bank of Romania no. 23/2014, regarding the interest rates paid on minimum...
View ArticleRegulation of electricity supply to the final customers
In the Romanian Official Gazette, Part I, no. 544 of 23 July 2014 it was published the Order of the National Authority for Energy Regulation no. 64/2014 for the approval of the electricity supply to...
View ArticleHCCJ. Violation of the principle of immediacy
High Court of Cassation and Justice held that by not hearing the witnesses and giving a judgment based on an inconclusive evidence without establishing unequivocally the truth, the trial court violated...
View ArticleHigh Court of Cassation and Justice. Request to distribute estate assets....
The High Court of Cassation and Justice ruled that, according to the provisions of art. 13, Code of civil procedure (art. 117, New Code of civil procedure), the competency to solve the request to...
View ArticleThe Concept of Residence in a Procedural Sense
The High Court of Cassation and Justice has ruled that, in the matter of determining territorial jurisdiction, the notion of home, provided in art. 5 Civil Procedure Code (Article 107 NCPC),...
View ArticleInternecine Warfare
The political world seems to be full of civil wars and fighting at the moment. The commercial world is not far behind and in Romania that is also the case, whether we like it or not. Romania is not...
View ArticleVoicu & Filipescu launches an analysis of how the legal changes in the first...
This set of articles reflects back on major legislative changes of the first half of 2014 and is meant to enhance perception over the attractiveness and dynamics of the analyzed practice areas, also...
View ArticleThe National Association of Romanian Bars. Examination testing the knowledge...
The National Association of Romanian Bars has released on Tuesday, 29th July 2014, the Decision no. 119/23rd May 2014 of the Permanent Commission regarding the organization of the examination testing...
View ArticleCompleting the Nomenclature of tax obligations owed to the state budget...
In the Official Gazette of Romania, Part I, no. 560 of 29 July 2014 was published the Order of the President of the National Agency for Fiscal Administration no. 2281/2014, supplementing the Annex no....
View ArticleThe procedure for settlement of petitions ref. insurers and intermediaries in...
The Financial Supervisory Authority (FSA) has launched a public debate on Wednesday, July 30, 2014, regarding the draft rules on the procedure for settlement of petitions relating to the activity of...
View ArticleThe Approval of the templates of some forms ref. certification of excise duty...
In the Official Gazette of Romania, Part I, no. 560 of 29 July 2014 it was published the Order of the President of the National Agency for Fiscal Administration no. 2280/2014 on the amendment of the...
View ArticleHCCJ. The error, vice of consent
The High Court of Cassation and Justice decided that, it is an error in substance when at the moment of concluding the contract of sale with an authentic form covering land, the applicant was in error...
View ArticleHigh Court of Cassation and Justice. Territorial jurisdiction of courts
The High Court of Cassation and Justice has ruled that if the prosecution is carried out by a territorial office of the Direction for Investigating Organized Crime and Terrorism – specialized structure...
View ArticleHigh Court of Cassation and Justice: The belated modification of the...
The High Court of Cassation and Justice ruled that, due to the supplementary character of the rule instituted by article 132 paragraph (1) of the Code of civil procedure, regarding the moment up until...
View ArticleLack of affectio societatis
The High Court of Cassation and Justice has ruled that, in accordance with Art. 222 of Law no. 31/1990, in the case of partnerships and joint ventures, which combine the features of partnerships with...
View ArticleViolation of the provisions on the random assignment of cases
The High Court of Cassation and Justice has ruled that the measure of cancellation of the judgment at first instance is justified when this court has violated the mandatory provisions of art. 98 para....
View ArticleDeloitte Tax & Legal Alert: Additional restrictive measures against Russia
On July 31, 2014, the European Council released a Regulation and a Decision, in response to the escalation of violence in the Eastern Ukraine and the crash of flight M17, warning Russia “that the...
View ArticleGDF SUEZ Energy România Assisted by Bondoc si Asociatii’s Lawyers in...
GDF SUEZ Energy became majority shareholder of Congaz, by increasing its shareholding from 28.59% up to 85.77%. This transaction was announced at the end of last month and received a favorable...
View ArticleThe Romanian Way of Negotiating
One of the questions we are often asked about is how to do business in Romania. Not necessarily on a legal or fiscal point but at a more practical level. Romania and the Romanian legal system is...
View ArticleHCCJ. General jurisdiction vs. exclusive jurisdiction over companies
The High Court of Cassation and Justice ruled that if the defendant is a natural person and the object of the complaint is his or her suspension as administrator of a company, provided that the latter...
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