- December 24, 2021 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 agent ... READ MORE
- December 14, 2021 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 may ... READ MORE
- December 14, 2021 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 be sued by its ... READ MORE
- 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
- November 2, 2021 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 următor identifică ... READ MORE
- 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
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- Mușat & Asociații advised Naxxar Renewable Energy on the sale of 60% of Naxxar Wind Farm Four to the Polish group Polenergia October 10, 2023 Press release Bucharest, 10 October 2023 Mușat & Asociații advised Naxxar Renewable Energy on the signing of a conditional agreement for the sale of a 60% stake in Naxxar Wind Farm Four SRL (NWF4 – the project company) to Polenergia, the largest private energy group on the Polish market. Currently, Naxxar through NWF4 is developing in Romania one ... READ MORE
- Adesgo closes the sale of business related to the manufacturing, marketing and selling of seamless apparel, advised by Musat & Asociatii August 3, 2023 Press Release Bucharest, 3 August 2023 Musat & Asociatii advised Adesgo SA, the biggest producer of seamless underclothing in Romania in connection with the sale of its business related to the manufacturing, marketing and selling of seamless apparel to Tefron Europe, part of an Israeli group, developer and manufacturer of seamless products, recently entered to the Romanian ... READ MORE
- Musat & Asociatii advised Geely on the Romanian legal aspects of the strategic joint venture agreement with Renault Group to launch leading powertrain technology company July 24, 2023 Press release Bucharest, 24 July 2023 Musat & Asociatii advised Geely Holding Group and Geely Automobile Holdings Limited (collectively referred to above as “Geely”) on the Romanian legal aspects of a binding 50/50 joint venture agreement with Renault Group to launch a new powertrain technology company that aims to become the global leader in developing, manufacturing, and ... READ MORE
- Mușat & Asociații wins prestigious Eastern Europe Firm of the Year award for the second year in a row at the LMG Life Sciences Awards EMEA 2023 July 18, 2023 Press Release Bucharest, 18 July 2023 Mușat & Asociații has been named for the second consecutive year winner of the Eastern Europe Firm of the Year award at the LMG Life Sciences Awards EMEA 2023, which took place on 13 July in London. LMG Life Sciences is one of the most prestigious legal guides that centralizes the leading ... READ MORE
- (Română) Mușat & Asociații și Juridice.ro au organizat dezbaterea “Răspunderea penală a persoanelor juridice. Prevenție, conformitate și managementul riscului” June 29, 2023 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 și Juridice.ro au organizat dezbaterea “Răspunderea penală a persoanelor juridice. Prevenție, conformitate și managementul riscului”, eveniment care a reunit procurori, ... READ MORE
- (Română) Avertizarea timpurie, prevăzută de actualele norme speciale ale insolvenței June 13, 2023 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. Avertizarea timpurie definită prin dispozițiile art. 5 pct. 51 din forma actuală a Legii nr. 85/2014 privind procedurile de prevenire a insolvenței și ... READ MORE
- Musat & Asociatii advised Magna on the Romanian legal aspects of the completion of its acquisition of Veoneer’s Active Safety Business from SSW Partners June 12, 2023 Musat & Asociatii advised Magna International Inc. on the Romanian legal aspects of the completion of its acquisition of Veoneer’s Active Safety Business from SSW Partners. The combined business is projected to generate more than $3 billion in sales in 2024. With the completion of this acquisition, Magna further strengthens its active safety business, and it ... READ MORE
- Musat & Asociatii advised Sika AG on Romanian legal aspects of its EUR 5.3 billion acquisition of Master Builders Construction Chemicals Group May 11, 2023 Musat & Asociatii advised Switzerland’s construction chemicals group Sika AG on Romanian legal aspects of its EUR 5.3 billion acquisition of Master Builders Construction Chemicals (MBCC) Group from Lone Star Funds, a global private equity firm. The deal implied the divestment of MBCC’s concrete admixtures business to the international private equity investor Cinven. The transaction represents ... READ MORE
- 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
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