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Romanian Agricultural Land for Sale

The purchase of land is one of those areas which have caused heated debates in Romania. It is also an area where many lawyers- both Romanian lawyers and foreign law firms, have become involved. Over...

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New Partner and Transfer Pricing leader at EY Tax Romania

Adrian Rus was promoted to Partner at EY Romania. He has over 12 years of experience in tax consultancy, advising and working with multinational companies on various international tax and transfer...

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The shale gases are not regulated neither in the Oil Law, nor in the one for...

Among other decision-making factors, the justice can be decisive in the legal, equitable and moral settlement of the problem which bothers the humankind nowadays, that of exploitation or...

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Simplifying conditions for agriculture financial support

In the Official Gazette of Romania, Part I, no. 639 dated 30 August 2014 was published the Government Ordinance no. 54/2014 on the amendment of art. 7 of the Government Emergency Ordinance no. 125/2006...

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New regulations on the employment and deployment of foreigners in Romania

In the Official Gazette of Romania, Part I, no. 640 dated 30 August 2014 it was published the Government Ordinance no. 25/2014 on the employment and deployment of foreigners in Romania and for amending...

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HCCJ. Duty of relief for eviction under Law no. 10/2001

The High Court of Cassation and Justice decided that art. 50 para. (3) of Law no. 10/2001 establishes explicitly special derogations from the common law relating to the person’s specific obligation of...

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HCCJ. Expression intention to terminate vs. unilateral declaration of...

High Court of Cassation and Justice has ruled that, under the lease contract was not provided unilateral termination by the lessee, as a way to terminate the contract, the following clause placed in...

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The right of an attorney to represent

The High Court of Cassation and Justice has ruled that, in accordance with Art. 69 para. (2) of the Civil Procedure Code (art. 87 para. 2 NCPC) and art. 131 para. (2) of the Legal Profession Statute,...

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HCCJ. Uncoordinated jurisprudence does not constitute grounds for reviewing

The High Court of Cassation and Justice ruled that, in order to introduce a request for reviewing, based on art. 322 pt. 7 of the Code of civil procedure (art. 509 paragraph 1, pt. 8 of the New Code of...

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Deloitte Tax & Legal Alert: Amendments to Unfair Competition Law and...

On July 31, 2014, the Romanian Government enacted the Government Ordinance no. 12/2014 amending and supplementing the Law no. 11/1991 on unfair competition and other regulations in the competition...

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More Land Issues

As discussed last week the sale and purchase of agricultural land became an issue in Romania after January 2014. I think the issue of Romanian land and land ownership will be issues for many years to...

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The unlikely champions: Eurozone periphery grows faster than the core

 Around half of the Eurozone fails to grow in the second quarter Spain and Portugal rebound Outlook relatively bright for US Bucharest, 11 September 2014 – While Germany, France and Italy all failed...

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The amendment of OMH for the approval of prices for drugs included in the...

The Ministry of Health has launched a public debate on Friday, Sept. 5, 2014, for the draft of Order amending and supplementing the Ministry of Health Order no. 245 of 16 March 2012 approving drugs...

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Revision of the interest rate for treasury certificates to the population...

Directive no. 1168/2014 of the Minister of Public Finances regarding the revision of the interest rate for treasury certificates to the population transformed in deposits at the State Treasury was...

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Conditions for putting at disposal on the market pyrotechnic articles | Draft

The Ministry of Labour, Family, Social Protection and Elderly has launched in public debate on Monday, 8th September 2014, the draft Decision on establishing the conditions for putting at disposal on...

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Establishing financial measures in health

In the Official Gazette of Romania, Part I, no. 654 from 4 September 2014 was published the Government Emergency Ordinance no. 52/2014 regarding the establishment of financial measures and for the...

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The Financial Supervisory Authority introduces new rules on the insurance market

The Financial Supervisory Authority  has made public on Thursday, 4 September, 2014, a press release regarding the  proposals for legislative amendment, approved by the FSA Board. The new rules...

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HCCJ. Contract of International Carriage of Goods. Liability for cargo theft.

The High Court of Cassation and Justice decided that, in accordance with art. 17 pts. 1 of the Convention on the Contract for the International Carriage of Goods by Road (CMR), the carrier is liable...

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HCCJ. Legal act vs. evidence

High Court of Cassation and Justice has ruled that documents of electricity consumption (finding note, invoice, etc.) have no standing as legal document that need to meet the requirements of Art. 948...

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The right to restitution of money paid under an unfair clause. The limitation...

High Court of Cassation and Justice has ruled that, where the risk premium clause in a loan agreement was declared unfair, due to the finding of its nullity, the court must give efficient background to...

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