The illegal exclusion of the UTA Supporter Club Association from the UTA Football Club Association, one step closer to clarification

JURIDICE.ro

In a decision that marks a new success in the wide-ranging legal dispute between Asociația Suporter Club UTA, the UTA Supporter Club Association (SCU) and Asociația Fotbal Club UTA, the UTA Football Club Association (AFC UTA), BACIU PARTNERS’ lawyers have… Read moreThe illegal exclusion of the UTA Supporter Club Association from the UTA Football Club Association, one step closer to clarification

Mușat & Asociații and Hogan Lovells assisted Romgaz in the first bond issue in the natural gas sector, a historic project on the capital market, which generated huge interest from international investors

JURIDICE.ro

• EUR 1.5 billion – total amount of the international bond issuance program. • EUR 500 million – the value of bonds issued in the first tranche. • EUR 6 billion – demand registered from investors for the first tranche…. Read moreMușat & Asociații and Hogan Lovells assisted Romgaz in the first bond issue in the natural gas sector, a historic project on the capital market, which generated huge interest from international investors

Reff & Associates and Deloitte Romania assisted BLIK Romania in obtaining the functioning authorization of the payment system BLIK Romania, a premiere for the local market

JURIDICE.ro

Reff & Associates and Deloitte Romania assisted BLIK Romania, the local company established by the Polish provider of innovative payment solutions Polski Standard Płatności Sp. z o.o., which operates in Poland under the brand BLIK, in the process of authorizing… Read moreReff & Associates and Deloitte Romania assisted BLIK Romania in obtaining the functioning authorization of the payment system BLIK Romania, a premiere for the local market

RLWeek October 7 – 13, 2024: Updates on VAT for bee feed; Cyber Resilience Act; local development projects; flooding aid; and monkey pox vaccines

Ioana-Cătălina Barbu

9% VAT for bee feed in 2025 On October 8, 2024, Law no. 254/2024 amending art. 291 (2) of Law no. 227/2015 from the Fiscal Code was published in the Official Journal of Romania, Part I, no. 1006  [source]  … Read more<strong>RLWeek</strong> October 7 – 13, 2024: Updates on VAT for bee feed; Cyber Resilience Act; local development projects; flooding aid; and monkey pox vaccines

Romanian Senate approves draft law transposing EU Directive on the resilience of critical entities

Cristina Popescu

On 1 October 2024, the draft law on the resilience of critical entities was registered with the Romanian Chamber of Deputies for debate, after being adopted by the Senate. The draft law was created to transpose into national legislation the… Read moreRomanian Senate approves draft law transposing EU Directive on the resilience of critical entities

Romania passes law allowing authorised individuals, sole proprietorships and family enterprises to become companies

Rodica Manea

On 2 October 2024, the Romanian Parliament voted to adopt Draft Law No. 274/2024 for the completion of Government Emergency Ordinance No. 44/2008 on the conduct of economic activities by authorised individuals, sole proprietorships and family enterprises. This draft legislation… Read moreRomania passes law allowing authorised individuals, sole proprietorships and family enterprises to become companies

CITR: The number of impact companies in imminent insolvency increases by 18%, and those in difficulty are at their highest level since 2013

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• The number of distressed impact companies is at its highest level since 2013 • 1,241 impact companies entered the imminent insolvency category, up 18% compared to last year. • The debt of impact companies increased by 8%, from 211… Read moreCITR: The number of impact companies in imminent insolvency increases by 18%, and those in difficulty are at their highest level since 2013

CJEU. C-365/23 | Arce. According to Advocate General Rantos, a contractual term requiring a young sportsman to transfer part of his income if he becomes a professional athlete may potentially be unfair, provided that it is shown that that term creates a significant imbalance in the rights and obligations arising under the contract

JURIDICE.ro

A contract concluded between a young sportsman and an undertaking helping to develop his sports career falls, in principle, within the scope of the directive on the protection of consumers against unfair terms In 2009, a young sportsman, who was… Read moreCJEU. C-365/23 | Arce. According to Advocate General Rantos, a contractual term requiring a young sportsman to transfer part of his income if he becomes a professional athlete may potentially be unfair, provided that it is shown that that term creates a significant imbalance in the rights and obligations arising under the contract

CJEU. C-446/21 | Schrems. An online social network such as Facebook cannot use all of the personal data obtained for the purposes of targeted advertising, without restriction as to time and without distinction as to type of data

JURIDICE.ro

The fact that Mr Maximilian Schrems has made a statement about his sexual orientation on the occasion of a public panel discussion does not authorise the operator of an online social network platform to process other data relating to his… Read moreCJEU. C-446/21 | Schrems. An online social network such as Facebook cannot use all of the personal data obtained for the purposes of targeted advertising, without restriction as to time and without distinction as to type of data