Measures taken by Romania – the state of alert amid the Covid-19 pandemic

This document contains high level summaries of some of the main provisions of certain legal enactments and measures taken by Romania in connection with the COVID-19 pandemic, which may be of interest for the business environment.

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Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders

The Draft law on the adoption of certain measures concerning informatic and communications infrastructures of national interest and the conditions for deployment of 5G networks initiated by the former Ministry of Transportation, Infrastructure and Communications has undergone a new series of examinations from the relevant public authorities as part of the legislative procedure.

New regulation for the authorization of credit institutions – amendments approval and notification

In follow-up to our summary regarding the preliminary evaluation for the banks’ authorisation, as detailed in Regulation no. 12/2020 on the authorization of credit institutions and amendments pertaining to the same (“Regulation 12/2020”), and our summary regarding the information and documentation to be submitted by a bank in order to obtain authorisation from the National […]

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Council wins appeal on sale of former school site

Last month the Supreme Court handed down its judgment in Rittson-Thomas v Oxfordshire County Council, concerning ‘section 2 reverter’ under the School Sites Act 1841. The judges unanimously allowed the appeal, finding in favour of the Council.

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Reed Smith has approved a Covid bonus to its associates. The firm has notified associates across its global platform that it will award special 2021 bonuses across the spring and autumn. These bonuses are based on seniority, ranging from $12,000 to $64,000 in the US; the amounts elsewhere will be based on jurisdictions and currencies. […]

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White & Case vows to fix culture problems after external investigation

White & Case instructed an external investigation led by a QC, The Lawyer understands, after rising tensions in its City office and is now set to launch a programme aimed at improving firm culture. Sources said the firm is to address internal tensions that have arisen in the past year as a result of an […]

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