BREXIT. Do Not Panic! There is remedy and opportunity ahead.

Brexit would almost certainly have a short to medium term negative impact on international investors looking to deploy capital into UK but also on British investors and developers seeking to invest or trade with Romania and practically all of the remaining 27 members of the EU. What is likely to happen – an end to free movement of people, goods and services as we know it, which could ultimately also affect the cost of doing business and impact the market in general. However, what is likely to have the biggest impact on investors and developers, is the resolve of the UK economy, and any external perceptions of its strength.

This brief seeks to point-out what would likely happen in some key areas of legal practice in the event Art. 50 negotiations are triggered.

See the views and gather-ups of our specialized lawyers/consultants below:

  • Banking & Finance
  • Capital Markets & Securities
  • Competition & IP
  • Corporate & Commercial
  • Labor & Employee Benefits
  • Tax
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New Partner Promotions in MUŞAT & ASOCIAŢII

Bucharest, 1st of February 2016 – MUŞAT & ASOCIAŢII has appointed two new partners to the leading structure of the Law Firm. Angela Mare and Paul Buta have a wealth of experience in the legal profession and are recognized leaders in their practice areas. Thus, the Muşat & Asociaţii team now has 21 partners and…

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“Muşat & Asociaţii Mentor”, an educational program developed for tomorrow’s generation

Bucharest, 27th of April 2016: Muşat & Asociaţii, initiator of the Romanian business law, launched “Muşat & Asociaţii Mentor” today, a program aimed to answer the educational needs of tomorrow’s society. Developed in partnership with the Faculty of Law of the University of Bucharest, through the Association of Law Students, “Muşat & Asociaţii Mentor” offers…

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Mușat & Asociaţii, a new victory for Societatea Română de Televiziune in the international arbitration against New Films International Inc.

Bucharest, 10th of May 2016: Muşat şi Asociaţii, initiator of the Romanian business law, has successfully represented Societatea Română de Televiziune in an international commercial arbitration regarding the request for claims in amount of approximately 5 million EUR filed by the American film production and licensing company New Films International Inc. On 5th of May…

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The High Court of Cassation and Justice suspends the decision of the Competition Council to fine Electrolux

Bucharest, 5th of July 2016:  The High Court of Cassation and Justice (HCCJ) – Administrative and Fiscal Litigation Division admitted the second appeal by which Electrolux România S.A. requested the suspension of the enforcement of Decision of the Competition Council no. 10/2014‎, by which Electrolux România was sanctioned by civil fine in amount of over…

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Muşat & Asociaţii assisted Premier Capital in the acquisition of the McDonald’s Romanian local operations

Bucharest, January 28th, 2016 – Mușat & Asociații assisted Premier Capital in the acquisition of McDonald’s local operations, transaction which included all 67 McDonald’s restaurants in Romania, 19 McCafé coffee shops and the local McDonald’s franchise. Mușat & Asociații team was involved in all the stages of the acquisition process – both in the negotiations…

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Mușat & Asociații salutes the completion of the investigation in the case file concerning the death of the dissident Gheorghe Ursu

Bucharest, 2nd of August 2016: Over the past years, Mușat & Asociații stood by Mr. Andrei Ursu in his steps, supporting, along with his team of lawyers, the efforts of the Official Prosecutor’s Office to shed light on the circumstances of the death of his father. “The legal arguments and the evidence made available to the military…

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The Medical Profession – Opportunities and challenges in the current legislative context

Bucharest, 9th of August 2016: Tens of physicians participated in the seminar organised in Bucharest by Muşat & Asociaţii, “”The Medical Profession – Opportunities and challenges in the current legislative context”. The event is dedicated both to physicians in the public health system, and to those in the private system. “We considered extremely important, especially in the current…

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Mușat & Asociații wins notable success for the Financial Supervisory Authority against Fondul Proprietatea S.A.

Bucharest, 5th of October 2016 – The Financial Supervisory Authority, represented by Mușat & Asociații, has won the court action that the Property Fund initiated in the attempt to obtain the Authority’s approval for changing the fee agreed with the Fund manager, Franklin Templeton Investment Management Ltd. The dispute was started in 2012, i.e. two years…

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Bucharest Tribunal issues the first preliminary injunction for the cessation and provisional prohibition of unfair competition deeds meant to divert customers by using trade secrets

Bucharest, 29 November 2016 – Bucharest Tribunal (TMB) – 6th Civil Division, admitted, in accordance with the provisions of Article 7 para. (3) of Law No. 11/1991 on the repression of unfair competition, a motion for issuing a preliminary injunction by which it provisionally ordered the cessation of the deeds meant to divert competition by using trade…

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Muşat & Asociații assisted Emerson in the sale of the Leroy – Somer and Control Techniques divisions to Nidec Corporation

Bucharest, 16 February 2017:   Mușat & Asociații consolidates its collaboration with Emerson by the assistance provided to Emerson Oradea S.R.L., one of the Romanian subsidiaries of Emerson Electric, world leader in the field of production and technology, in respect of the separation of the activities related to the Leroy – Somer and Control Techniques divisions…

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“2017 – Tax Challenges and Trends” Conference

Bucharest, 27 January 2017:  Numerous entrepreneurs, Chief Operating Officers, Financial Managers and tax specialists within large companies in Romania have found out from Mușat & Asociații – Tax Advisory experts which are the most controversial subjects in the tax field at the beginning of the year. During the conference organised in Bucharest, on the subject “2017…

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Muşat & Asociaţii, alongside Emerson in the transfer of the Emerson Network Power business

Bucharest, 14 December 2016  – Mușat & Asociații assisted Emerson S.R.L., the Romanian subsidiary of Emerson Electric, one of the global players in the manufacturing and technology sector, in respect of the separation of the activity of Emerson Network Power for the purpose of its transfer to the American investment fund Platinum Equity. The transaction was…

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Bucharest Court of Appeal cancels the decision of the Competition Council to sanction a concerted practice in the field of weapons

Bucharest, 6 December 2016 – Bucharest Court of Appeal (CAB) – 8th Administrative and Fiscal Dispute Division admitted the motion of Sig Sauer GmbH & Co KG to annul Competition Council Decision no. 44/2014‎, by which Sig Sauer was sanctioned by civil fine in amount of over RON 7 million. The German company, established in 1853, is…

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