- October 2, 2010 The 2011 edition of International Financial Law Review, one of the most notable international legal publications providing rankings and analysis of the best financial law-firms worldwide, ranks Musat & Asociatii as a top tier law firm in all four areas of expertise researched in Romania (mergers & acquisitions, banking law, capital markets and project finance), ... READ MORE
- October 1, 2010 The new instruments for safeguarding a proper competition environment, as set up by Government Ordinance 75/2010, were discussed during Mediafax Talks about Competition Law, a debate which gathered representatives of Competition Council, legal market and professional associations from the private sector. „I consider that the revision of the secondary legislation is even more important as it ... READ MORE
- September 4, 2010 Musat & Asociatii strengthens its Litigation & Arbitration department, by appointing two new partners, Nicolae Viorel Dinu and Octavian Popescu, and by headhunting five experienced litigators, exceeding 25 specialists in this area of practice. Nicolae Viorel Dinu returns to Musat & Asociatii as Partner after five years as Managing Counsel at Salans-Moore & Associates. Dinu started ... READ MORE
- September 3, 2010 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 and Legal Actions” event, co-organized by Musat & Asociatii and ... READ MORE
- September 2, 2010 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 in excess of EUR ... READ MORE
- September 1, 2010 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 officials, focused on fighting the phenomenon of child exploitation ... READ MORE
- July 4, 2010 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, ... READ MORE
- July 3, 2010 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 preventing the anti-competitive behaviors by ensuring a ... READ MORE
- July 2, 2010 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 of legal practice, Gheorghe ... READ MORE
- July 1, 2010 Muşat & Asociaţii is the sole Romanian law firm featured in the Euro 100 Survey 2010 published by the prestigious British legal publisher Chambers & Partners in the latest issue of Chambers Magazine, based on the recommendations received from the 100 most highly capitalized blue-chip companies in Europe (FTSE Eurotop 100). Muşat & Asociaţii received two ... READ MORE
- June 3, 2010 Musat & Asociatii received two awards from Ziarul Financiar, the Romanian’s leading business publication, at the “Lawyers Gala” event. The distinctions recognize its outstanding achievements in Capital Markets and its leading position on the Romanian legal market. The capital markets award acknowledges the firm’s assistance provided to Rompetrol Group in the mandatory public offering of Rompetrol ... READ MORE
- June 2, 2010 Musat & Asociatii received four awards at “Top Lawyers” Gala 2010, for its outstanding performance in Corporate / Mergers & Acquisitions, Banking and Capital Markets, Energy and Natural Resources, IT, Media & Telecom. „These awards represent another confirmation of the high-profile projects we have assisted in 2009 in four of our key areas of expertise. Our ... READ MORE
- June 1, 2010 Musat & Asociatii celebrates 20 years of legal practice, during which period it has made a paramount contribution to the establishment and development of the Romanian legal market, has pioneered new areas of expertise and has trained several generations of attorneys who may be found at present amongst the most reputed figures of the business ... READ MORE
- April 1, 2010 Anca Buta Muşat, Partner Muşat & Asociaţii, is the sole Romanian lawyer winning an international award at the prestigious International Law Office (ILO) Client Choice Awards 2010, due to her distinctive experience in competition law and outstanding client recognition. The Client Choice Awards are based on a complex research process taking into account more than ... READ MORE
- March 1, 2010 “Focus on Renewable Energy” seminar recently organized by Musat & Asociatii, addressed key issues on renewable energy sector, such as State-aid schemes for clean energy projects, the status of European funds accessed in this sector, as well as practical issues regarding the controversy surrounding Law 220/2008. “The Renewable Energy has captured investors’ interest in the recent ... READ MORE
- January 1, 2010 Musat & Asociatii has taken the lead in the latest online rankings published by Practical Law Company (PLC) Which Lawyer?, one of the most prestigious international legal guides. PLC listed Musat & Asociatii at the top of their rankings in eleven areas of expertise from fifteen researched on the local market: corporate / M&A, dispute ... READ MORE
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- Mușat & Asociații advised CATTED group on a project financing May 30, 2022 Mușat & Asociații advised CATTED Group, a Romanian business group encompassing companies operating in the real estate sector, on a project financing granted by Libra Internet Bank for the development of the CATTED Family residential project. “We are pleased to have worked with Mușat & Asociații on financing CATTED Family, in the present, the largest residential ... READ MORE
- Mușat & Asociații continuă tradiția organizării conferințelor din seria „Parteneriat în insolvență – opțiune sau necesitate?” May 27, 2022 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 – ... READ MORE
- Mihai Popa, Deputy Managing Partner și Coordonator al Departamentului de Restructurare și Insolvență din cadrul Mușat & Asociații, lector în cadrul Conferinței Naționale de Insolvență May 20, 2022 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 organizat ... READ MORE
- Mușat & Asociații named “Eastern Europe Firm of the Year” May 19, 2022 We’re thrilled to have been named “Eastern Europe Firm of the Year” at the LMG Life Sciences Awards EMEA 2022 held on 12 May in London. A big congratulations to the entire Mușat & Asociații team for winning this award and a big thank you to our clients! We are also very proud that we were ... READ MORE
- Mușat & Asociații advises lenders on financing the acquisition of several companies in the B2B distribution market by private equity firm FSN Capital May 9, 2022 Mușat & Asociații successfully advised the syndicate of banks comprised of Jefferies Finance LLC, J. P. Morgan and Danske Bank A/S, as lenders, on the Romanian law aspects involving the Romanian company BFG Packaging SRL, as part of the EUR 650 million financing of the multijurisdictional acquisition of four companies in the business-to-business (“B2B”) distribution ... READ MORE
- Mușat & Asociații authors the Lexology GTDT’s Labour & Employment 2022 chapter for Romania May 3, 2022 For the second year in a row, Muşat & Asociaţii authors the Lexology GTDT’s Labour & Employment chapter for Romania. Managing Associate Simona Anton and Senior Associate Evelina Mieisor-Grecu highlight key employment issues businesses should consider and give an overview of worker representation, hiring employees, including foreign workers, liability for acts of employees, taxation, employee-created ... READ MORE
- New threats in cybercrime and how to overcome them May 2, 2022 By Managing Associate Stefan Diaconescu Cybercrime is rapidly growing in numbers in the current economic and social context in which communication, trading, business meetings or shopping take place mostly online. Threats arising from cyberspace are more and more sophisticated, with recent surveys showing that persons who perpetrate frauds are becoming ever more adept at misleading companies, ... READ MORE
- Noutati fiscale | Noi reguli privind implementarea Sistemului RO e-Transport, precum și noi măsuri propuse de coaliția de guvernare April 12, 2022 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 sa ... READ MORE
- Mușat & Asociații advised Catted on the sale of logistics park in Chitila and of a 45.ooo sqm land in Ștefănești to Globalworth April 7, 2022 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 ... READ MORE
- Partner Monia Dobrescu recognised among the Women Leaders for 2022 by IFLR1000 April 6, 2022 We are delighted to announce that partner Monia Dobrescu has been named to IFLR1000 Women Leaders in Romania for 2022. In its 5th edition, IFLR1000 Women Leaders this year recognizes more than 1000 women lawyers globally with outstanding reputations within their markets. A partner at Muşat & Asociaţii for a decade, Monia coordinates the Banking & ... READ MORE
- Mușat & Asociații authors The Legal 500’s 2022 Employment & Labour Law Country Comparative Guide April 6, 2022 As exclusive contributors to the Romanian chapter of this year’s Employment & Labour Law Country Comparative Guide published by the international legal directory The Legal 500, Deputy Managing Partner Mihai Popa and Managing Associate Simona Anton answer key questions for employers, from employee rights or protections to navigating termination of employment. You can find out more ... READ MORE
- Noutati fiscale | O nouă amnistie fiscală aplicabilă indemnizațiilor de delegare și detașare pentru activitățile salariaților din străinătate April 5, 2022 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 31 ... READ MORE
- Mușat & Asociații shortlisted for the third time in a row in as many editions for LMG’s Life Sciences Awards 2022 April 4, 2022 We are delighted to have been shortlisted for the third time in a row in as many editions for LMG’s Life Sciences Awards 2022. This year, Mușat & Asociații is nominated 4 times: 2 Europe-wide nominations in the category “Law Firm of the Year” Awards, for “Patent Strategy Firm of the Year” and “Product Liability Firm of ... READ MORE
- Noutati fiscale | Reducerile acordate prin OUG nr. 153/2020 pot fi incluse în formularul 101 modificat March 31, 2022 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 2022 ... READ MORE
- Mușat & Asociații obtains a new favourable solution in front of the High Court of Cassation and Justice that questions the tax treatment of sponsorship/patronage/private scholarships expenses March 21, 2022 Mușat & Asociații’s lawyers obtain a new favourable solution in front of the High Court of Cassation and Justice that for the first time questions the practice of the tax authorities regarding the tax treatment applicable to sponsorship/patronage/private scholarships expenses Press Release The team of lawyers specialised in tax litigation from Mușat & Asociații’s tax law and ... READ MORE
- Noutati fiscale | Noi facilități fiscale acordate în contextul conflictului militar de pe teritoriul Ucrainei March 11, 2022 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 de ... READ MORE
- The In-House Lawyer magazine: Hot topic in future real estate investments: Romania’s assistance plan for market sectors March 10, 2022 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 edition, ... READ MORE
- The In-House Lawyer magazine: EPPO regulation in Romania: a new chapter in criminal investigations of fraud with EU funds March 9, 2022 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 ... READ MORE
- Mușat & Asociații advises Sika AG on its EUR 5.2 billion acquisition of MBCC Group February 16, 2022 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 subsidiaries ... READ MORE
- Mușat & Asociații appoints new Managing Partner and promotes three new Partners. Another eight lawyers are promoted to senior positions February 15, 2022 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 ... READ MORE
- Mușat & Asociații authors Thomson Reuters’ 2022 Q&A guide to equity capital markets law in Romania February 4, 2022 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. You can find ... READ MORE
- Mușat & Asociații advises Ecolab on its strategic acquisition of Purolite Corporation December 13, 2021 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 leader ... READ MORE
- Musat & Asociatii’s Managing Associate Stefan Diaconescu wins Rising Star Award for Romania at the Rising Stars Awards EMEA 2021 September 29, 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 33 ... READ MORE
- Partner Monia Dobrescu recognised among the Women Leaders for 2021 by IFLR1000 May 7, 2021 Musat & Asociații’s Partner Monia Dobrescu has been named as one of 2021’s IFLR1000 Women Leaders, IFLR1000’s yearly guide to the leading women lawyers in the world, working in financial and corporate law. This year’s edition features an elite group of more than 750 women lawyers across EMEA, Asia-Pacific and the Americas. According to IFLR, this is an ... READ MORE
- Mușat & Asociații advises Google on its $2.1 billion acquisition of smart health wearables company Fitbit January 20, 2021 Musat & Asociatii advised tech giant Google LLC (Google) on all Romanian legal aspects of its acquisition of Fitbit for a total equity value of approximately USD 2.1 billion. Founded 13 years ago, Fitbit is currently one of the leading producers of smart health and fitness wearable devices, with more than 29 million active users worldwide ... READ MORE
- Thomson Reuters’ International Banking Law and Regulation 2020 – Monia Dobrescu authors Romanian Chapter August 4, 2020 Banking Partner Monia Dobrescu writes about concepts of “Credit Institution” and “Bank”— Credit institution and the general procedure for the authorization of banks in Romania, in Thomson Reuters’ April 2020 edition of International Banking Law and Regulation, Romanian law chapter. You can read more HERE Reprinted from International Banking Law and Regulation (April 2020 update) with permission. Copyright © 2020 ... READ MORE
- Măsuri privind insolvența în contextul crizei COVID-19 May 22, 2020 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. Autori: Mihai Popa, Deputy Managing Partener și Cristi Tudor, Managing Consultant Nu este o noutate faptul că pandemia COVID-19 își face resimțit impactul sever ... READ MORE
- COVID 19: Brief guidance for employers during the state of alert May 20, 2020 Starting with 15th of May 2020, the state of emergency was replaced with the state of alert in Romania. Therefore, while the legislative context in continuous change is still imposing protective measures, the Romanian Government is looking to gradually relax the lockdown measures. 1. Measures impacting employment relationships (i) Employees must consent for telework. Telework/work from home ... READ MORE
- Guvernul acordă bonificații pentru plata unor obligații fiscale și prorogă unele termene de depunere prin OUG 69/2020 adoptată recent May 19, 2020 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. Ordonanța de urgență nr. 69/2020 prin care Guvernul acordă bonificații pentru plata unor obligații fiscale, prorogă unele termene, precum și alte măsuri fiscale, ... READ MORE
- Coronavirus: GEO 48/2020 provides new clarifications and tax facilities April 24, 2020 In the Official Gazette no. 319 dated 16 April 2020, the Emergency Government Ordinance no. 48/2020 on certain fiscal and financial measures was published, which provides new clarifications and tax facilities. In the following, we will present a short summary of the most important measures implemented through the legislative act: I. Extension of the deadline for the ... READ MORE
- EDPB Adopts Further Covid-19 Guidelines on Geolocation and the Processing of Health Data April 23, 2020 On 21 April, within its Plenary Session, the European Data Protection Board (EDPB) adopted two essential guidelines on the major data processing activities performed in the context of the Covid-19 pandemic: Guidelines 04/2020 on the use of location data and contact tracing tools in the context of the COVID-19 outbreak (Guidelines 04/2020) and Guidelines 03/2020 ... READ MORE
- (Română) Concordatul preventiv – mecanism de salvgardare a companiilor afectate financiar de Covid-19 April 23, 2020 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. Autori: Mihai Popa, Deputy Managing Partner și Diana Dobromir, Senior Associate Epidemia cauzată de coronavirus a provocat tulburări majore pentru economia europeană și mondială, ... READ MORE
- EDPB supports EU’s data privacy approach for Covid-19 contact tracing apps April 16, 2020 On 14 April, the European Data Protection Board (EDPB) published a letter providing advice on the draft Guidance on apps supporting the fight against COVID-19 pandemic, released by the European Commission. Contact tracing apps aim to keep track of the spread of the virus and inform users when they came in contact with a person who ... READ MORE
- Covid-19: Economic measures covering the banking and financial sector April 13, 2020 Covid-19: Economic measures covering the banking and financial sector. Facilities in relation to loans granted by credit institutions and non-banking financial institutions to certain categories of borrowers The National Bank of Romania (the “NBR”) issued a press release on 24 March 2020, pursuant to which the current regulations allow the borrowers, banking and non-banking institutions, to ... READ MORE
- New measures impacting certain categories of workers and professionals during the emergency state April 13, 2020 Through the Military Ordinance no. 8/2020 published in the Official Gazette no. 301 on 10th of April, 2020, there were instituted a new series of measures to prevent the spread of COVID-19, which directly envisage certain categories of workers and/or professionals, as presented below. (i) Exceptions from the circulation restriction during the emergency state Under the newly ... READ MORE
- The statement regarding the ultimate beneficial owner of a company in the context of the state of emergency in Romania – clarifications regarding the obligation to submit it April 9, 2020 According to Law no. 129/2019 for the prevention and combating of money laundering and terrorism financing, as well as for the amendment and completion of some normative acts (“Law 129/2019“), companies have the obligation to submit, at the moment of registration, annually or whenever a change occurs, a statement regarding the actual beneficial owner of ... READ MORE
- Coronavirus: One Stop Shop for helping companies to request a Certificate for Situation of Emergency (CSE) April 8, 2020 As the new Coronavirus continues to threaten our lives, the nation-wide heavy restrictions continue to disrupt our livelihoods and businesses need to address the economic challenges they face: significant pressure on their workforce, business partners, supply chains, revenues. As part of the Romanian’s Government plan to aid heavily hit businesses during the economic near shutdown, companies ... READ MORE
- Coronavirus Legal Updates – Digitalization of Romania April 7, 2020 In the context of the COVID-19 epidemic, the Government of Romania has come to support its citizens and public institutions, through the Authority for Digitalization of Romania, in partnership with Aurachain, the Association for Advanced Technologies – ATA, BitHat Solutions and Telekom Romania by launching a digital platform, namely “https://aici.gov.ro/”. The objective of the newly launched ... READ MORE
- (Română) CORONAVIRUS: UPDATE – NORMELE DE APLICARE VIZÂND FACILITĂȚILE ACORDATE DE GUVERN ANUMITOR CATEGORII DE DEBITORI, CONFORM OUG NR. 37/2020 April 7, 2020 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. În Monitorul Oficial nr. 285/06.04.2020, Guvernul a publicat H.G. nr. 270/02.04.2020 prin care a aprobat normele de aplicare a prevederilor OUG nr. 37/2020 ... READ MORE
- (Română) CORONAVIRUS: FACILITĂȚILE ACORDATE DE GUVERN ANUMITOR CATEGORII DE DEBITORI PRIN OUG NR. 37/2020 April 3, 2020 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. Guvernul a adoptat Ordonanta de Urgență nr. 37/2020, publicată în Monitorul Oficial, Partea I nr. 261 din 30 martie 2020, aceasta intrând în ... READ MORE
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