In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around we turn our attention to setting up new practices and ask: When launching a new practice, what is your go-to strategy – do you look at internal team members to spearhead it, or are you more likely to turn to lateral hires? Why?
Romania: The Collective Dismissal Process – How It Operates and Its Legal Implications
In a constantly changing economy, companies often face the need to adjust their workforce, sometimes resorting to drastic measures such as the collective dismissal process. According to Romanian labor legislation, the process of collective dismissal entails following a rather laborious procedure, aiming to protect both employers and employees in order to prevent abuses and ensure a smoother transition in restructuring situations.
D&B David and Baias Advises FAN Courier on 60% Stake Acquisition in Marian’s Trading
PwC’s Romanian affiliate D&B David and Baias has advised the FAN Courier shareholders on the acquisition of a 60% stake in Marian’s Trading, a customs brokerage company.
Vlasceanu & Partners Advises Econergy Balkan on CfD Auction
Vlasceanu & Partners has advised Econergy on winning a photovoltaic contract-for-difference auction.
Stratulat Albulescu and Magureanu, Bourdenet & Associates Advise on EUR 5 Million Investment Round for DotLumen
Stratulat Albulescu has advised Catalyst Romania Fund II on leading a EUR 5 million investment round for DotLumen, with the participation of the European Innovation Council Fund, Tigrim Capital, and SeedBlink. Magureanu, Bourdenet & Associates advised DotLumen. Wolf Theiss reportedly advised the European Innovation Council.
Suciu Partners Advises BWXT on Acquisition of Kinectrics
Suciu Partners, working alongside Hogan Lovells, has advised BWX Technologies on the acquisition of Kinectrics.
Filip & Company Advises PayPoint Services on Syndicated Loan from UniCredit Bank and EBRD
Filip & Company has advised PayPoint Services and its sole shareholder Star Payments on a financial debt restructuring process by contracting a syndicated loan from UniCredit Bank and the European Bank for Reconstruction and Development.
Bogdan Cordos Makes Partner at RTPR
Bogdan Cordos has been promoted to Partner at RTPR.
Adina Vlaicu, Andreea Mihalache, and Mirel Radescu Make Partner at Popescu & Asociatii
Popescu & Associatii has promoted Adina Vlaicu, Andreea Mihalache, and Mirel Radescu to Partner.
Serban Paslaru Promoted to Equity Partner at Tuca Zbarcea & Asociatii
Tuca Zbarcea & Asociatii has promoted Serban Paslaru to Equity Partner.
Wolf Theiss and Schoenherr Advise on Nokian Tyres' VPPA with Enery in Romania
Wolf Theiss has advised Nokian Tyres on a virtual power purchase agreement with Enery. Schoenherr advised Enery.
Mihai Selegean Moves Into Private Practice by Joining Rizoiu & Asociatii
Former BRD - Groupe Societe Generale Deputy CEO and Head of Legal & Administrative Mihai Selegean has joined Rizoiu & Asociatii as Of Counsel and the firm’s new Head of Financial and Banking Law practice.
Filip & Company Advises Credit Europe Bank Romania on Cross-Border Merger into Dutch Parent Company
Filip & Company has advised Credit Europe Bank Romania on a cross-border merger by absorption into Credit Europe Bank.
Andrei Muresan Joins Tiriac Group as Head of Legal - Special Projects
Former Schoenherr Managing Attorney at Law Andrei Muresan has joined the Tiriac Group as its new Head of Legal - Special Projects.
Madalina Fildan-Raileanu, Ana Atanasiu, Oana Bucsa, and Alexandra Ionita Make Partner at PeliPartners
Madalina Fildan-Raileanu, Ana Atanasiu, Oana Bucsa, and Alexandra Ionita have joined the partnership ranks at PeliPartners.
Adriana Dobre Joins Bancila Diaconu si Asociatii as Partner
Former Stratulat Albulescu Partner Adriana Dobre has joined the EY Law Romania affiliate Bancila Diaconu si Asociatii as Partner.
Nyerges & Partners Advises R.Power Renewables on 85 Megawatts of Solar CfDs
Nyerges & Partners has advised R.Power Renewables on participating in Romania’s first Contracts for Difference auction, securing CfD contracts for five photovoltaic projects with a combined capacity of 85 megawatts.
Rizoiu & Poenaru Splits Into Rizoiu & Asociatii and Poenaru Legal
Rizoiu & Poenaru has announced the firm is splitting into Rizoiu & Asociatii and Poenaru Legal.