Force Majeure and Hardship under Contract law. Implications during the COVID-19 pandemic

COVID-19 pandemic has brought into the spotlight two concepts of contract law generally passed over, but which now and in the foreseeable future may shape the faith of many contracts and even businesses: the force majeure and its close relative,… Read moreForce Majeure and Hardship under Contract law. Implications during the COVID-19 pandemic

BRD, BCR and Raiffeisen Bank to split ownership of CIT One

PNSA advised BRD Groupe Société Générale on its co-investment, along with Raiffeisen Bank and BCR, in CIT One, a company specialised in the transport, processing and storage of cash and other valuables, initially owned by BCR. CIT One will be… Read moreBRD, BCR and Raiffeisen Bank to split ownership of CIT One

RTC acquires Paper Plus

POPOVICI NIȚU STOICA & ASOCIAȚII assisted its long-standing client RTC Proffice Experience, a subsidiary of Swedish investment fund Oresa Ventures and a leading company in indirect workplace distribution, on the acquisition of the cleaning and hygiene products distribution of Paper… Read moreRTC acquires Paper Plus

Medicover acquires Pelican Hospital

PNSA advised its long-standing client Medicover on the acquisition of a majority stake in Pelican Hospital, a major Romanian healthcare services provider. The acquisition concerns an 80% stake of the hospital and clinical business of Pelican. The remaining minority shareholders… Read moreMedicover acquires Pelican Hospital