Bondoc și Asociații SCA advised UniCredit SpA in connection with the acquisition of Alpha Bank România SA

Bondoc și Asociații Law Firm assisted UniCredit SpA with the acquisition of Alpha Bank Romania in light of the subsequent merger between UniCredit Bank and Alpha Bank Romania S.A., an intricate and significant process that will change the banking landscape… Read moreBondoc și Asociații SCA advised UniCredit SpA in connection with the acquisition of Alpha Bank România SA

Obtaining a long-stay visa for foreign nationals. Part III – the long-stay visa for digital nomads

In a rapidly digitizing world, the concept of “digital nomad” has become increasingly popular, defining people who use information technology to carry out their work from anywhere in the world. In the context of the expanding phenomenon of digital nomads,… Read moreObtaining a long-stay visa for foreign nationals. Part III – the long-stay visa for digital nomads

NNDKP CELF obtains a new court decision recognizing the right to deduct VAT on investment expenses in case of project abandonment

The NNDKP Center of Excellence in Fiscal Disputes (NNDKP CELF) has successfully represented a client in maintaining the recognition, through a final court decision, of the right to deduct VAT on expenses incurred for investments necessary to start or continue… Read moreNNDKP CELF obtains a new court decision recognizing the right to deduct VAT on investment expenses in case of project abandonment

REITs “made in Romania” – hopefully, the dawn of a new era

1. Overview On September 3rd, 2024 the Senate passed the Bill no. PL-x no. 433/2024[1] on real estate investment companies –“societati pentru investii imobiliare” (real estate investment trusts -“REITs”) and real estate companies – “societati cu profil imobiliar” (“RECs”) held… Read moreREITs “made in Romania” – hopefully, the dawn of a new era

Law no. 140/2022 – basic problems in the notarial activity

In Romania, the protection of vulnerable adults was profoundly modified in recent times, with the entry into force of the Law no. 140/2022 regarding some protection measures for people with intellectual and psychosocial disabilities. This act was adopted following Decision… Read moreLaw no. 140/2022 – basic problems in the notarial activity

ZRVP wins in first instance a dispute of over RON 27.5 million for Premier Energy on the natural gas market

Law firm Zamfirescu Racoți Vasile & Partners (ZRVP) has obtained an important first-court victory for Premier Energy in its dispute with Azomures over a natural gas supply contract concluded during the COVID-19 pandemic. The ZRVP legal team consisted of Andrei… Read moreZRVP wins in first instance a dispute of over RON 27.5 million for Premier Energy on the natural gas market

CJEU. C-159/23 | Sony Computer Entertainment Europe. The Directive on the legal protection of computer programs does not allow the holder of that protection to prohibit the marketing by a third party of software which merely changes variables transferred temporarily to a game console’s RAM

Sony markets PlayStation video game consoles as well as games for those consoles. Until 2014, it offered for sale, among other products, the PlayStation Portable console and the game ‘MotorStorm: Arctic Edge’. Sony brought an action before the German courts… Read moreCJEU. C-159/23 | Sony Computer Entertainment Europe. The Directive on the legal protection of computer programs does not allow the holder of that protection to prohibit the marketing by a third party of software which merely changes variables transferred temporarily to a game console’s RAM

Reff & Associates and Deloitte Romania assisted the investment fund SARMIS Capital in the takeover of the majority stake of the paper producer MG-Tec Industry

A multidisciplinary team consisting of lawyers from Reff & Associates and financial and tax advisors from Deloitte Romania assisted the investment fund SARMIS Capital in the takeover of the majority stake of the paper producer MG-Tec Industry. The transaction was… Read moreReff & Associates and Deloitte Romania assisted the investment fund SARMIS Capital in the takeover of the majority stake of the paper producer MG-Tec Industry