CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
The recent practice in the field has shown that the expenses with intragroup services are currently one of the main topics addressed during tax audits and, at the same time, one of the main topics generating tax controversies.
On 16 January 2024, the Law No. 17/2024 amending and supplementing Law No. 237/2015 on the authorisation and supervision of insurance and reinsurance activities, as well as amending and supplementing certain regulatory acts was published in Official Gazette Of Romania No. 36., aiming to strengthen the protection of both policyholders and beneficiaries by ensuring the stability of the insurance market and a greater degree of predictability in the development of each individual company and the insurance market as a whole.
In 1998, in the aftermath of the most famous class action in history, Philip Morris and three other tobacco companies had to pay a $ 206,000,000,000 settlement covering medical costs for smoking-related illnesses.
Did you know that, according to the Activity Rankings function of the CEELMDirect website, a total of twenty law firms and seventeen individual lawyers worked on five or more reported Romanian client matters in 2023?
Musat & Asociatii has advised Tecadra Hotels on its partnership with the Accor Group for the complete transformation and expansion of the Tecadra Hotel in Bucharest.
Dan Minoiu has become a new Deputy Managing Partner at Musat & Asociatii, while Ana Maria Abrudan, Mateea Codreanu, and Stefan Diaconescu have all been promoted to Partner positions.
On November 21, 2023, corporate/M&A and private equity experts from Bulgaria, Greece, Hungary, Kosovo, Moldova, Romania, Serbia, Slovakia, Turkiye, and Ukraine sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the key developments in the field over the past decade.
Musat & Asociatii Deputy Managing Partner Razvan Stoicescu talks about the evolution of the practice and their role as legal advisors in Romania over the last 10 years.
Musat & Asociatii Partner Iuliana Iacob talks about the evolution of dispute resolution and their role as legal advisors in Romania over the last 10 years.
Musat & Asociatii Deputy Managing Partner Iulian Popescu talks about the evolution of PPP/Infrastructure and their role as legal advisors in Romania over the last 10 years.
A recent legislative project registered for debate with the Romanian Senate indicates that the current state of affairs pertaining to the reimbursement of judiciary costs is on the cusp of a major change.
Musat & Asociatii has advised Visionapartments on the development of the Visionapartments luxury aparthotel on Bucharest's Calea Victoriei.
On 20 October 2023, the National Agency for Administration and Regulation in Communications (“ANCOM”) and the Ministry of Research, Innovation and Digitalization submitted for public consultation the draft law establishing the national legislative measures necessary to implement the provisions of Regulation (EU) 2022/2065 of the European Parliament and of the Council on a Single Market for Digital Services and amending Directive 2000/31/EC (“DSA Regulation”) in Romania.
Musat & Asociatii has advised Naxxar Renewable Energy on the sale of a 60% stake in the 685.6-megawatt Naxxar Wind Farm Four in Tulcea County to Polenergia, with an option for the remaining 40%.
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Did you know that 10 of the 18 law firms in Romania that have reported four or more client matters so far in 2023 are independent law firms, unaffiliated with international or regional law firms? According to the Activity Rankings function of the CEELMDirect website, that group of domestic Romanian law firms is led by Filip & Company and RTPR, both of which have reported working on 12 client matters so far in 2023.
On August 3, 2023, Musat & Asociatii and Firon Bar-Nir both announced that the sale of Adesgo’s seamless apparel business to Tefron Europe (reported by CEE Legal Matters on April 18, 2023) had closed.
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30 years of extensive expertise in the challenging Romanian market
Muşat & Asociaţii’s name stands for the highest level of expertise and commitment in assisting clients in business matters. For 30 years, Muşat & Asociaţii has provided legal advice for the most dynamic national and multinational private companies across various industries, as well as for state owned companies and the Romanian authorities.
Our diverse practice allows us to work for many major US and EU corporations investing or doing business in Romania, most of which are listed in the Fortune 500.
The firm has been at the forefront of the country’s legal and business development, anticipating the evolving needs of its clients and it has also been involved in the largest transactions on the local market.
We pride ourselves on our impressive portfolio of mandates, always setting legal precedents and breaking new ground.
Today, this unmatched experience in all areas of business law is put to the service of our clients. We focus on constantly developing value-added, tailor-made legal services, aimed at enabling our clients’ business progress in a legally sound environment.
Firm's website: www.musat.ro/