On Sunday, September 22, 2024, the Bucharest Bar Association celebrated its 193rd anniversary, marking the occasion with a festive event that featured three main moments: a roundtable discussion on the topic “Current Issues and Perspectives in the Legal Profession. Artificial Intelligence – A Challenge?”, a…
Category: News: press release
CYBERSECURITY | Draft law transposing the NIS 2 Directive
The transposition of the updated Directive (EU) 2022/2555 on measures for a high common level of cybersecurity across the Union (the “NIS2 Directive“) is underway in Romania as well. Member states have until October 17, 2024, to incorporate the directive into their national legislation. In…
Data Protection | Facial recognition in airports
Opinion 11/2024 of the European Data Protection Board on the use of facial recognition to streamline airport passengers’ flow On 23 May 2024, the European Data Protection Board (the EDPB) issued an opinion regarding the use of facial recognition technology in airports to streamline…
Changes to Procedural Norms Regarding Legal Costs
On 9 April 2024, the Chamber of Deputies, acting as the decision-making body, adopted the legislative proposal to amend Article 30 of Law No. 51/1995 on the organization and practice of the profession of attorney-at-law and Article 451 of Law No. 134/2010 on the Civil…
Law 50/2024 on the implementation of the Digital Services Act has entered into force
Law no. 50/2024 on establishing measures for the application of the Regulation of the European Parliament and of the Council of 19 October 2022 on a single market for digital services and amending Directive 2000/31/EC (the “DSA”), as well as on amending and supplementing Law…
Government Emergency Ordinance on Credit Administrators and Credit Purchasers
Status: During the session of the Government of Romania on 28 February 2024, the Government of Romania adopted the government emergency ordinance concerning credit administrators and credit purchasers (”GEO”). The GEO will come into effect only after its publication in the Official Gazette of Romania.…
Leroy si Asociatii assisted Tereos on a significant transaction for the sugar industry in Romania
The M&A team of the law firm Leroy si Asociatii assisted TEREOS, one of the world’s largest sugar producers, on the takeover of its sugar factory in Ludus, Romania, by two independent Romanian investors. Leroy si Asociatii, with Bruno Leroy – Founding Partner and Andreea Toma – Partner, coordinated…
Law no. 361/2022 on the protection of whistleblowers in the public interest
Law no. 361/2022 is one of the much-awaited legal novelties of the end of 2022. Its objective is to regulate the general framework for the protection of persons who report violations of legislation in certain domains, which occurred or are likely to occur, within public…
Government Emergency Ordinance No. 41/2022
As of January 1st 2023, the sanctions for failing to comply with the provisions of the Government Emergency Ordinance no. 41/2022 on the creation of the National System for monitoring the road transport of high fiscal risk goods enter into force. A. Status The Government…
Romania’s Disaster Movie: The Film Industry Cash Rebate Scheme that Wasn’t
2018 saw the introduction of the Romanian movie production cash rebate system and a subsequent uptick in movie productions seeking to develop in Romania. The ambitiously outlined rebate system seemed quite appealing, initially. However, over the past three years, it failed to live up to…
Renewed Efforts to Develop PPPs in Romania
Although Romania’s history with public-private partnerships (PPPs) spans over two decades, the legal framework in force until 2018 did not attract sufficient private partner interest for the development of such projects. As a result, to date, the number of successful PPPs remains rather low. The…
Leroy si Asociatii is recognized by IFLR1000 once again
IFLR1000 has published its 2022 rankings and Leroy si Asociatii has maintained a leading position with high rankings in several categories. The firm’s mergers and acquisitions, banking & finance, capital markets and project development practices are all ranked by IFLR1000, having both its partners…
Andreea Toma, Partner at Leroy și Asociații, has been awarded the title of IFLR 1000 Women Leaders 2022
With more than 20 years of experience in mergers & acquisitions, banking & finance and projects & infrastructure, Andreea Toma has been awarded the title of IFLR 1000 Women Leaders 2022. Her competence has been recognized by IFLR 1000 for the third year in a…
Leroy și Asociații M&A and Banking & Finance teams assisted EMI in a EUR 15 million transaction
The M&A and Banking & Finance teams within the Leroy și Asociatii law firm assisted EMI, the market leader in the field of integrated solutions and services for industrial access, in the transaction whereby the private equity fund Morphosis Capital Fund I, together with the…
Leroy si Asociatii assists VINCI Energies in the acquisition of Frigotehnica
Leroy si Asociatii assists VINCI Energies, part of the VINCI group, the world leader in concessions, construction and energy, in the acquisition of Frigotehnica, a Bucharest-based provider of refrigeration technology solutions. Leroy si Asociatii’s team consisted of Founding Partner Bruno Leroy, Partner Andreea Toma and…
Andreea Toma, entered the 2021 Global Guide of the Best Legal Professionals, prepared by IFLR 1000!
With more than 20 years of experience in mergers & acquisitions, banking & finance and projects & infrastructure, Andreea Toma is once again recognized by IFLR 1000 WOMEN LEADERS 2021! “Andreea has an impressive track record, being consistently appreciated by clients and peers for…
Leroy și Asociații strengthens its litigation and arbitration practice in collaboration with Nela Petrișor - a highly reputed legal professional
Leroy și Asociații strengthens its litigation and arbitration department through the professional cooperation with Nela Petrișor, as Of Counsel. „We are delighted with Nela Petrișor’s decision to collaborate with our law firm. Her vast experience not only complements, but adds value to our projects, while…
Leroy și Asociații promotes four lawyers, consolidating their activity in strategic areas such as Litigation, Real estate, Banking & Finance and Labor Law
Promoting professional value is the strategy of Leroy și Asociații to consolidate their leading position on the Romanian legal market. Leroy și Asociații promotes four lawyers: Vincențiu Constantin – Managing Associate and Head of Dispute Resolution; Luminița Bușuricu – Litigation & Real Estate, Adriana Spătaru…
Leroy and Associates advised Groupe Rocher on its acquisition of Romania's Sabon retailer
“In 2020, the M&A market has started with high hopes with Q1 witnessing a larger number of transactions signed by reference to the same time period in 2019. The COVID-19 pandemic has postponed or even cancelled deals that had not reached closing by the end…
France - Romania: A long history of excellent cooperation
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…