Mușat & Asociații advises Ecolab on its strategic acquisition of Purolite Corporation

Musat & Asociatii advised Ecolab, a global leader in water, hygiene and infection prevention solutions and services, on the Romanian law aspects of its strategic acquisition of Purolite Corporation, involving around 30 jurisdictions over six continents. The acquisition was structured as a cash transaction and valued at approximately USD 3.7 billion. Purolite is a global…

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Mușat & Asociații advises Sika AG on its EUR 5.2 billion acquisition of MBCC Group

Musat & Asociatii advised Switzerland’s construction chemicals group Sika AG on all Romanian legal aspects of its EUR 5.2 billion acquisition of MBCC Group (Master Builders Construction Chemicals) from Lone Star Funds, a global private equity firm. The acquisition is subject to regulatory clearances and is expected to close by the end of 2022. With…

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Mușat & Asociații advised Catted on the sale of logistics park in Chitila and of a 45.ooo sqm land in Ștefănești to Globalworth

Mușat & Asociații advised Catted, a Romanian logistics and warehousing company, on the sale of logistics park Business Park Chitila, with a total leasable area of 7000 sqm, and of a 45.ooo sqm land in Ștefănești to estate developer Globalworth. With this strategic partnership, Catted and Globalworth aim to strengthen their offering for small and…

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Noutati fiscale | Reducerile acordate prin OUG nr. 153/2020 pot fi incluse în formularul 101 modificat

Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Declarația fiscală 101 și instrucțiunile sale de completare au fost ajustate prin intermediul Ordinului nr. 423/2022. Aceste modificări erau așteptate deoarece din…

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Noutati fiscale | O nouă amnistie fiscală aplicabilă indemnizațiilor de delegare și detașare pentru activitățile salariaților din străinătate

Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Mult așteptata Lege nr. 72/2022 pentru anularea unor obligații fiscale și pentru modificarea unor acte normative a fost publicată în data de…

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Noutati fiscale | Noi facilități fiscale acordate în contextul conflictului militar de pe teritoriul Ucrainei

Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Având în vedere necesitatea de a fi întreprinse în continuare măsuri de sprijin şi asistenţă umanitară pentru cetăţenii ucrainieni sau apatrizii afectaţi…

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Mihai Popa, Deputy Managing Partner și Coordonator al Departamentului de Restructurare și Insolvență din cadrul Mușat & Asociații, lector în cadrul Conferinței Naționale de Insolvență

Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Institutul Național de Pregătire a Practicienilor în Insolvență (INPPI), în parteneriat cu Institutul Național al Magistraturii (INM) și editura Universul Juridic a…

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Mușat & Asociații continuă tradiția organizării conferințelor din seria „Parteneriat în insolvență – opțiune sau necesitate?”

Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. Mușat & Asociații a organizat în data de 26 mai 2022 cea de-a patra ediţie a conferinţelor din seria „Parteneriat în insolvență…

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Noutati fiscale | Noi reguli privind implementarea Sistemului RO e-Transport, precum și noi măsuri propuse de coaliția de guvernare

Sorry, this entry is only available in Romanian. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. 1. Noul sistem RO e-Transport a fost implementat prin intermediul Ordonanței de Urgență nr. 41/2022, în vigoare din 11 aprilie 2022. Adoptarea…

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The In-House Lawyer magazine: EPPO regulation in Romania: a new chapter in criminal investigations of fraud with EU funds

In this article in The Legal 500 (Legalease)‘s In-house Lawyer magazine, winter 2022 edition, Partner Alexandru Terta and Managing Associate Stefan Diaconescu highlight the essential role that the European Public Prosecutor’s Office (EPPO) will play in criminal investigations aimed at preventing and sanctioning individuals and/or legal entities who perpetrate crimes against the financial interests of the…

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The In-House Lawyer magazine: Hot topic in future real estate investments: Romania’s assistance plan for market sectors

Looking ahead, 2022 could be a crucial year for real estate investments in Romania. The implementation of the country’s National Recovery and Resilience Plan (NRRP) calls for extensive legislative changes that may have a real impact on the business environment. In this second article in The Legal 500 (Legalease)‘s In-house Lawyer magazine, the winter 2022…

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DLC NEWSLETTER 2: “VERTICAL” IN THE SPOTLIGHT: OVERVIEW OF DISTRIBUTION SYSTEMS

What? Before diving into the individual restrictions of competition that typically appear in vertical agreements, it is useful to first focus on the main types of distribution systems. Such types include exclusive distribution, non-exclusive or free distribution, selective distribution, franchising and agency. Suppliers can opt for a single system that covers the entire EEA, but…

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DLC NEWSLETTER 6: “VERTICAL” IN THE SPOTLIGHT: NON-COMPETE RESTRICTIONS

What? Distribution agreements often contain non-compete clauses. They impose restrictions on a distributor’s ability to manufacture or sell products competing with the products covered by the distribution agreement, the so-called contract products. Let us make things concrete. A distributor is appointed to sell vacuum cleaners of brand A (the contract products). The non-compete restriction determines…

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DLC NEWSLETTER 7: “VERTICAL” IN THE SPOTLIGHT: NON-COMPETE RESTRICTIONS (POST TERM)

What? Suppliers often provide commercial know-how to their distributors which they would not want to benefit their competitors. A critical situation in that respect is obviously the period immediately following the termination of a distribution agreement. The distributor is likely to switch to a competing supplier and there is a real risk that the distributor…

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DLC NEWSLETTER 3: AGENCY (LEGAL TEST)

What? 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…

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DLC NEWSLETTER 1: EUROPEAN COMPETITION RULES RELATING TO DISTRIBUTION, AGENCY AND SUPPLY AGREEMENTS ABOUT TO CHANGE

COMMENCEMENT OF DLC COUNTDOWN NEWSLETTERS GETTING READY FOR 1 JUNE 2022   What? No business wants to run the risk that its distribution, agency or supply agreements (also known as “vertical agreements”) are found to be unlawful and invalid. Even worse, no business wants to be trapped by a competition authority and pay fines or…

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Inspecțiile fiscale pe final de 2021. Cazurile predilecte de control și ce e de făcut.

Răzvan Stoicescu, Deputy Managing Partner Răzvan Graure, Tax Partner După un an 2020 în care autoritățile fiscale au manifestat indulgență, 2021 pare să fie într-adevăr marcat, nu doar în România, dar și în lume, de intensificarea controalelor fiscale. Nici finalul de an nu pare să se dezică de la acest trend, drept pentru care articolul…

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Musat & Asociatii’s Managing Associate Stefan Diaconescu wins Rising Star Award for Romania at the Rising Stars Awards EMEA 2021

Congratulations to Managing Associate Stefan Diaconescu, winner of the Rising Star Award for Romania at the Rising Stars Awards EMEA 2021, awarded by Euromoney’s Legal Media Group, part of the prestigious IFLR1000 guide. The awards celebrate EMEA’s future legal leaders from law firms and in-house teams, recognizing rising star lawyers across 28 practice areas and…

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