Romania – real estate ownership rules

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Life Sciences: product regulation and liability in Romania

One recent legal development in the pharmaceutical field is the change of methodology for establishing prices for medicinal products which are totally or partially paid for by the social security system. However, already representatives from associations of medicine producers are pushing for this methodology to be revised, claiming that its overall impact on the market […]

Bulgaria, Hungary, Romania: Doing business in the EU

Doing Business in the European Union 2017: Bulgaria, Hungary and Romania focuses on business regulations and their enforcement in five Doing Business areas. It goes beyond Sofia, Budapest and Bucharest to benchmark 19 additional cities. This report contains data current as of December 2016 and includes comparisons with 187 other economies based on data from […]

Meet the Mercedes-Benz Financial Services head of legal

Who knows lawyers better than other lawyers? In this Face-to- Face feature, Maravela & Asociatii Partners Gelu Maravela and Alina Popescu interview Mihaela Popescu, the former Head of Legal at Mercedes-Benz Financial Services  A.P: Tell us a bit about your career. M.P.: I had the good fortune to begin my professional career in the highly […]

Romania: key steps to a well-managed insolvency

By Gelu Maravela In the economic context of the last decade, most companies in Romania have been affected by insolvency procedures, either as debtors in default or as creditors, with a low chance of recovering their debt in a reasonable time. For companies, insolvency may be viewed as a solution or a problem depending on […]

All you need to know about technology in Romania

This country-specific Q&A provides an overview to technology laws and regulations that may occur in the Romania. It covers communications networks and their operators, databases and software, data protection, AI, cybersecurity as well as the author’s view on planned future reforms of the merger control regime…

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The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

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Belgian draft Trade Secrets Act: opportunities for the life sciences sector

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