Although current technology provides numerous options to prevent and to indentify economic frauds, corporations should also be aware that data collected may be considered legal proof only if the applicable legislation and the regulation regarding employees’ rights are strictly followed. The “Corporate Fraud: Prevention, Detection...
Musat & Asociatii has been selected, as part of an international consortium, to assist the Ministry of Economy and the state-owned energy producer Hidroelectrica in the process of selection investors for the Tarnita-Lapustesti pumped-storage hydropower plant. This green field project entails an intended installed capacity of 1,000 MW and an investment...
Musat & Asociatii participated last week at the reunion of the Advisory Group of the Child Exploitation and Online Protection Centre (CEOP), hosted by Microsoft Romania. The event brought together representatives of government institutions (Police, the Public Ministry, SECI – Southeast European Cooperation Initiative) and nongovernmental...
The International Law Office: More guidance, less bureaucracy: amendments signal preventive approach
Muşat & Asociaţii assisted Petrofac, one of the major international players in the oil industry services, included in the FTSE 100 Index and listed on the London Stock Exchange with the symbol (PEC), in taking over the oil drilling operations in the Ţicleni area. Further to the agreement, concluded for a period of 15 years, Petrofac will manage...
The recent amendments to the Competition Law brought by the Government Emergency Ordinance 75/2010 clearly enlarge the list of sanctions to which an economic agent exposes itself when adopting a behavior which is contrary to the Competition Law. However, alongside a better involvement of the competition authority in...
Gheorghe Buta, former President of the High Court of Cassation and Justice – the Commercial Division, has joined the management structure of Muşat & Asociaţii and will coordinate the Litigation & Arbitration department, consisting of 20 lawyers, 4 of them being partners. With an impressive expertise of more than 30 years...