The Law No. 223/2020 for the simplification and de-bureaucratization of the transfer of shares in limited liability companies and of the payment of the share capital, has been published in the Official Gazette of Romania No. 1018/2 November 2020 and enters into force on 4…
As part of the Romanian Prime Minister, Ludovic Orban’s visit to Paris this Monday, October 26th, and his meeting with Prime Minister Jean Castex, it is important to recall the solidity and the anteriority of the political and cultural links between the two countries. The…
LEROY și Asociații has represented GROUPE ROCHER – the best-known French cosmetics group, with the direct acquisition of the Romanian company SABON, specialized in the retail sale of cosmetics and toiletries and, at the same time, with the indirect acquisition of its Czech subsidiary,…
On 2 July 2020, Law No. 102/2020 for amending and supplementing the Companies Law No. 31/1990 (“Companies Law”) was published in the Official Gazette No. 583/2020 (“Law No. 102/2020”). The Law No. 102/2020 will enter into force on 5 July 2020. The Law No. 102/2020…
Andreea Toma, Partner at Leroy and Associates, entered the Global Guide of the Best Legal Professionals, prepared by IFLR 1000! With more than 19 years of experience in mergers & acquisitions, banking & finance and projects & infrastructure, IFLR 1000 underlines that “Andreea has an…
The Romanian Parliament has recently adopted Law no. 81/2018 regulating teleworking (the “Teleworking Law”). The Teleworking Law was published in the Official Gazette of Romania, Part 1, no. 296/02.04.2018. Definition of Teleworking Teleworking is defined as a form of organising the work that allows an…
The Romanian Ministry of Finance has recently passed Order no. 3337/2017 which extends the category of software developers who benefit from income tax exemption (“Order 3337/2017” or the “New Order”). Order 3337/2017 was published in the Official Gazette of Romania, Part 1, No. 52/18.01.2018. The…
The focus on personal data protection is today at its peak, considering the upcoming replacement of the Data Protection Directive 95/46/EC (the “DPD”) with the General Data Protection Regulation 2016/679 (the “GDPR”), starting 25 May 2018. Opinion no. 2/2017 on data processing at work (hereinafter…
In September 2016, the Court of Justice of the European Union (the ”Court”) ruled that a professional who offers free of charge access to a Wi-Fi network within its premises cannot be held liable for copyright infringements committed by users of that network. However, the…
After more than four years of drafts and negotiations, the new EU data protection framework has finally been adopted. It takes the form of a General Data Protection Regulation (the “GDPR”)1 and a Data Protection Directive for Police and Criminal Justice Authorities (the “PCJA Directive”)2,…
The law regarding the recovery and resolution of insurance undertakings (the “IRR Law”) was published with the Official Gazette on 02 November 2015 and entered into force on 05 November 2015. In a nutshell, the IRR Law is meant to implement principles and tools similar…