Author Archives for adm_ds

Mușat & Asociații appoints new Managing Partner and promotes three new Partners. Another eight lawyers are promoted to senior positions

February 15, 2022 2:21 am Published by Leave your thoughts

Musat & Asociatii is delighted to announce the consolidation of its core partnership by appointing Paul Buta as Managing Partner and promoting three new Partners (Alexandru Terța, Iuliana Iacob and Andrei Ormenean). All four are exceptional lawyers with a combined professional experience of more than 55 years and a long and impressive career with the firm. Moreover, eight other lawyers have been promoted to senior positions in Criminal Law, Litigation & Arbitration, Corporate and Commercial Law, Labour and Employee Benefits, Competition, Intellectual Property and Life Sciences, as well as Restructuring and Insolvency.


DLC NEWSLETTER 8: “VERTICAL” IN THE SPOTLIGHT: HARDCORE RESTRICTIONS (GENERAL)

February 9, 2022 2:57 am Published by Leave your thoughts

Vertical agreements often contain a vast number of provisions, regulating different aspects of a vertical relationship. However, the EU competition rules determine that certain provisions cannot be included in distribution agreements since they impede competition to an extent that cannot be permitted. These are the so-called “hardcore restrictions”. Hardcore restrictions can be imposed both directly and indirectly, in which case the assessment is more complex, but the outcome is the same.


Mușat & Asociații authors Thomson Reuters’ 2022 Q&A guide to equity capital markets law in Romania

February 4, 2022 2:03 am Published by Leave your thoughts

In Thomson Reuters’ latest Q&A guide to equity capital markets law in Romania, part of their Practical Law Series, Deputy Managing Partner Razvan Stoicescu, Managing Associate Adrian Danciu & Senior Associate Robert Urmosi outline legislation and listing requirements, offering structures, advisers, prospectus/offer document, marketing, bookbuilding, underwriting, timetables, stabilisation, tax, continuing obligations and de-listing.


DLC NEWSLETTER 5: “VERTICAL” IN THE SPOTLIGHT: AGENCY (“DUAL ROLE” AGENTS)

January 18, 2022 3:01 am Published by Leave your thoughts

Over the past few years, a trend has been noticeable toward a commercial strategy combining agency and distribution models. In particular, depending on the products or customers involved, a business partner is sometimes requested by the same supplier to act as both its independent distributor and its commercial agent. Such business partners are often referred to as “dual role” agents.


DLC NEWSLETTER 3: AGENCY (LEGAL TEST)

December 24, 2021 2:30 am Published by Leave your thoughts

The particular nature of agency agreements triggers the application of a specific competition law regime. This regime is based on a split between (i) the role assumed by the agent acting as an intermediary of the principal (i.e. where he is trying to secure transactions for the principal) and (ii) the position of the agent as a provider of agency services to principals (i.e. where he seeks appointments as an agent).