The UNIDROIT Force Majeure in the world of COVID
202005.11
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The UNIDROIT Force Majeure in the world of COVID

in Law

Given the Coronavirus outbreak, it is more that possible that international courts will face the following dilemma: could the outbreak of SARS-COVID be considered a force majeure event and be used to render a defense against a breach of a contract? The UNIDROIT Principles of International Commercial Contracts („Principles”) is a universal instrument that come…

Noi modificari la legea pensiilor 2019
201910.24
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Noi modificari la legea pensiilor 2019

in Law

[Postare contribuita de colega noastra Stefania-Gabriela Neagu] Noua lege a pensiilor, Legea 127/2019 a fost publicata in Monitorul Oficial nr. 563 din 9 iulie 2019, este oficial in vigoare si a inceput sa produca efecte la nivelul tarii. Aceasta lege prevede o crestere treptata a punctului de pensie, incepand din 1 septembrie 2019 si pana…

Fuziune în industria aeronautica sub controlul Comisiei Europene
201910.11
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Fuziune în industria aeronautica sub controlul Comisiei Europene

Comisia Europeana (Comisia) a inceput o investigatie a doua acorduri joint-venture (JV) în care intentioneaza sa se angajeze doi fabricanti majori din industria aeronautica civila si militara: Boeing (SUA) si Embraer (Brazilia). Boeing proiecteaza si fabrica avioane de mari dimensiuni si sisteme spatiale, de aparare si de securitate. Embraer proiecteaza si fabrica avioane comerciale medii…

201901.10
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Ooops! No-No to Day-Laborers

in Law

The last minute piece of legislation that our government passed last year marked a direct hit on quasi-all industries using day-labor as an important part of their operation model. We refer to the Urgency Ordinance 114/2018 (published and in force since 29 December 2018) which enacts certain legislation sweeping over a wide range of social…

201702.22
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Governing law: Unrelated Member State

in Law

Irish client contracting out assets for hire to Romanian customer seeks to put English law as governing law in its contract. Question. Can it? Our gut answer: Hell no! No nexus at all. What’s England got to do with it? Ireland got its independence long ago! Good answer? No. Wrong advice! Here is why: Romanian Civil…

201701.10
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EU Survey: Mergers

in Law

Recently, the EU Commission published a consultation on the EU Merger Regulation or EUMR (Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings). Submission of responses to the consultation is due this Friday – January 13, 2017. Our firm will file its round. The purpose of the consultation…