- December 7, 2012 Musat & Asociatii won in court the cancellation of the forced execution in respect of the Sinaia Gondola Lift, which thus remains in the property of the Town of Sinaia. “The Sinaia Gondola Lift remains in the town property, as it was only natural, its nature of public asset being incontestable. The touristic attraction was exclusively ... READ MORE
- December 3, 2012 Muşat & Asociaţii increased its partnership by making up three new partners – Cleopatra Leahu, Silvia Sandu and Ileana Lucian – each of them with remarkable experience in their areas of practice. “The same as in the past, these new promotions also emerge from inside the firm, all these three new partners – Cleopatra, Silvia and ... READ MORE
- December 1, 2012 The price for which physical goods, intangible properties are transferred or services are provided at the intra-group level represents a current problem facing most companies and multi-nationals operating in Romania, especially considering the increasing number of inspections conducted by tax authorities, requesting documentations relating to transfer pricing. The transfer pricing issue has been extensively debated in ... READ MORE
- November 1, 2012 Musat & Asociatii was selected by the Ministry of Economy, Trade and Business Environment to provide legal assistance in underwriting the public offering for the sale of 10% of the share capital in Nuclearelectrica on the Bucharest Stock Exchange. In the course of this project, Musat & Asociatii, alongside Hogan Lovells, will advise the consortium ... READ MORE
- October 2, 2012 Under the current economic conditions, no business entrepreneur (from the least to the most important) can afford to ignore the effects the ubiquitous intellectual property rights have on its future. While the efficient and informed use of these rights can help a business highlight the intellectual resources which make it competitive, ignoring them exposes the ... READ MORE
- October 1, 2012 IFLR 1000, the international legal guide specialized in the financial-banking research of the legal market, reconfirms Muşat & Asociaţii’s leading position in all areas of practice, such as Mergers & Acquisitions, Banking & Finance and Capital Markets, Project Finance, while the firm’s partners are also recommended as Leading Lawyers in their field. “Muşat & Asociaţii’s success is ... READ MORE
- October 1, 2012 The Tax Advisory Division of Muşat & Asociaţii is recommended among the leaders of the local market by the British publisher International Tax Review, in its annual study World Tax 2013. Muşat & Asociaţii was ranked in the highest tier accessible to an independent law firm, according to research methodology, having proven significant expertise in ... READ MORE
- August 1, 2012 Muşat & Asociaţii is the leading firm in Romania in the field of mergers and acquisitions, both in terms of volume and in terms of value of the transactions concluded during January-July 2012. According to the latest preliminary report released by DealWatch, a company specialized in the mergers and acquisitions market survey, Muşat & Asociaţii ... READ MORE
- June 1, 2012 Muşat & Asociaţii received the “Gold Award” for “Best Central and Eastern Europe Law Firm 2012”, an accolade awarded during the 5 th International Legal Alliance Summit & Awards 2012, organized on June 14, in Paris. The award acknowledged the excellent results obtained on the Romanian market by Muşat & Asociaţii team, both with regard to the ... READ MORE
- June 1, 2012 In order to attract new issuers and increase transaction volumes, the Romanian capital market needs to find adequate instruments, able to turn our country into a genuine regional market. This was pointed out at the seminar “ Listings on the capital market. Benefits and challenges ”, organized by Muşat & Asociaţii in partnership with The ... READ MORE
- May 1, 2012 The rankings published by the reputed international guide Chambers Europe 2012 re-confirm the leading position held by the law firm Muşat & Asociaţii in the following areas of practice: Energy & Natural Resources, Projects and Restructuring-Insolvency. In addition, Chambers Europe recommends Muşat & Asociaţii for all other fields of expertise under review, in particular Banking ... READ MORE
- April 2, 2012 Musat & Asociatii will render legal assistance to the Ministry of Economy, Trade and Business Environment (MECMA), through the Office of State Ownership and Privatization in Industry (OPSPI) in preparing and implementing the initial public offering for the sale of 10% of the share capital of Hidroelectrica. Musat & Asociatii participated in the tender as ... READ MORE
- April 2, 2012 Bucharest – June 25 – Musat & Asociatii reinforces its expertise in taxation by welcoming Bogdan Voinescu, as Tax Partner, in the Tax Advisoryteam of Musat & Asociatii , an entity affiliated to the law firm. Bogdan Voinescu has a 14-year experience in tax advisory, out of which 8 years with two of the BIG ... READ MORE
- April 1, 2012 Muşat & Asociaţii continues to be listed as one of the leading law firms in Romania, according to the latest edition of Legal 500: Europe, Middle East & Africa in 2012, a referential international legal publication, annually distributing reviews and rankings regarding the work and achievements of law firms in over 100 countries. The leading position ... READ MORE
- March 3, 2012 “The oversubscription of the Transelectrica SPO represents both a positive sign for the Bucharest Stock Exchange and a token of trust from the investors. The successful outcome of the offer is due to the more favorable conditions of the market, starting with the first trimester of the year, but most of all the manner of ... READ MORE
- March 2, 2012 Musat & Asociatii has successfully represented Farmexim, one of the leading pharmaceuticals importers and distributors on the local market, during an extensive investigation which involved all the major distributors in Romania. The investigation was initiated by the Competition Council following the decision of pharmaceuticals distributors to stop the delivery of medicines to pharmacies and hospitals during ... READ MORE
- March 1, 2012 The secondary sale of a 15% stake package in Transelectrica was a long-awaited moment on the market, by both investors and international financial institutions. Musat & Asociatii was directly involved in this high-profile project, advising the Office of State Privatization and Industry (OPSPI) ever since the project’s commencement in March 2011. Our mandate included the ... READ MORE
- February 1, 2012 Muşat & Asociaţii promoted four new partners – Monia Dobrescu, Ionuţ Bohâlţeanu and Iulian Popescu, each of whom have extensive expertise in their areas of practice. Muşat & Asociaţii’s number of partners is now 16. “These new appointments prove the excellence of the legal services offered by an outstanding team of lawyers, recognized as leaders in ... READ MORE
- January 1, 2012 Muşat & Asociaţii received “The Law Firm of The Year in 2011” award at the “People of the Year 2011” Gala, organized by the sole English daily publication in Romania, Nine O’Clock. Nominated along with 5 other law firms, Muşat & Asociaţii gained the jury’s appreciation for its strategic vision proved in an increasingly demanding ... 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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