Popovici Nițu Stoica & Asociații is pleased to announce the promotion of Camelia Pătrașcu to Partner, effective as of 1 January 2024. Camelia Pătrașcu became Partner in the Litigation Practice Group, bringing to the Firm her extensive experience and profound… Read moreCamelia Pătrașcu promoted to Partner with Popovici Niţu Stoica & Asociaţii
CITR, as the judicial liquidator of Hotel Coroana de Aur SRL, sold the hotel for 3.48 million euros + VAT, a representative building for Bistrița, with a history of almost 50 years. “Although we are still operating in a context… Read moreCITR: The Coroana de Aur hotel in Bistrita, with a history of almost 50 years, bought for 3.48 million euro
Firon Bar-Nir successfully assisted a well-known Israeli investor, David Shmuely, in concluding a partnership with a Turkish real estate developer regarding the development of a residential project with over 700 apartments on a plot of over 2 hectares in Bucharest’s… Read moreFiron Bar Nir successfully assists in closing a partnership for the development of a residential project with over 700 apartments in Bucharest’s Titan neighborhood
OMV Petrom announced the acquisition of a 50% stake in the largest portfolio of wind energy projects in Romania and the acquisition of the entire company that owns the largest network of charging stations for electric vehicles in Romania. Țuca… Read moreȚuca Zbârcea & Asociații advised OMV Petrom on two of the most important “green” transactions in Romania
Continuing its strategy and mission to contribute significantly to supporting the local business environment, Alpha Bank Romania signed in December a partnership with the European Investment Fund (EIF) for the implementation of financial instruments such as portfolio guarantees. The two… Read moreAlpha Bank Romania introduces financial instruments of portfolio guarantees in partnership with the European Investment Fund (EIF)
On December 21, the Romanian Government approved the draft Law on offshore wind operations in the Black Sea („the Offshore law”). Once approved, the Offshore law will go through the Parliamentary debate next February, according to the Ministry of Energy… Read moreNew OFFSHORE WIND law in Romania
By deciding not to go ahead with acquiring TNT as soon as the decision at issue was announced, UPS broke the causal link between the Commission’s infringement and the alleged damage In 2013[1], the Commission declared a notified concentration between… Read moreCJEU. The irregularity committed by the Commission is not the determining cause of UPS’ alleged loss of profit and therefore cannot justify a compensation payment
In 2018, Denmark laid down a rule limiting the maximum parking time at public rest areas along the Danish motorway network to 25 hours. The European Commission is of the opinion that that rule constitutes a restriction on the freedom… Read moreCJEU dismisses the Commission’s action against Denmark concerning the maximum parking time on motorway lay-bys
A footballer and a Belgian club are challenging UEFA’s rules and those of the Belgian football association that require a minimum number of ‘home-grown players’ to be included in teams. The Court holds that that requirement could infringe both competition… Read moreCJEU. The rules of UEFA and the Belgian football association on ‘home-grown players’ could be contrary to EU law
They are contrary to competition law and the freedom to provide services The FIFA and UEFA rules making any new interclub football project subject to their prior approval, such as the Super League, and prohibiting clubs and players from playing… Read moreCJEU. The FIFA and UEFA rules on prior approval of interclub football competitions, such as the Super League, are contrary to EU law
