Intellectual Property

/Intellectual Property

New Directive in EU Law on Trade Secrets and Know-how

One of the many questions we are asked as a law firm in Romania advising foreign clients is the question regarding the protection of know-how and Trade Secrets and what protection is there in Romania. Whilst the protection of Know-how and Trade Secrets is usually covered in local law there is often confusion as to [...]

Consumer Protection and Gambling in Romania

From our experience as lawyers based in Romania we often point out to our clients involved in the gaming industry that the notion of "consumer protection" is no stranger in their industry. On the contrary it represents a constant concern of the European legislators and has recently become a major topic on the agenda at [...]

Romania and the New Insurance Directive

After much debate and discussion the European Parliament and the Council have issued the recast Directive on Insurance Distribution. EU Directive 2016/97 (“Directive”) was issued on the 20th January 2016 and was published in the Official Journal of the European 2nd February 2016. The provisions of the Directive coming into effect 20 days after its [...]

Romanian Agency Agreements

Despite the current slowing down of international trade we as a law firm in Romania dealing with international trade have seen a rise in interest by foreign SME’s in entering into agency and distributorship agreements with Romanian companies. Whilst the foreign SME’s might seek to invoke the laws of their own country many Romanian companies [...]

Romanian Business Angels to Appear

The Business Angel law has now been introduced into the Romanian legal system. Whether it will stimulate investment in new ventures is a question which still has to be answered. It is a step taken by the Government to try and bring new investment into the market. Law no. 120/2015 regarding fiscal facilities granted to [...]

New Merger Rules For Romania

Despite the recent scandals in the Romanian political class 2015 looks for the economy at least being a year to celebrate. Economic activity in Romania is on the increase and therefore M&A business for Romanian law firms will increase. As though anticipating this last year the Romanian Competition Council (the “Council) revised its merger control rules [...]

Cloudy Questions

How secure is your information uploaded in the cloud? How many people upload data into the cloud and how many of them have ever stopped to consider the safety of the information uploaded or the compliance requirements with the laws regarding data protection. Even though the use of Cloud services is becoming more widely spread, the Cloud raises several [...]

Freedom of information

Transparency is one of the key stones of both democracy and the way that business is now being conducted in Romania and in most societies. No longer is it acceptable for a group of persons or indeed groups to get together and make decisions for the greater good, without the greater good being allowed to [...]

Moving into the Electronic Age

One of the major areas of complaint in Romania is bureaucracy, and the filling in of countless meaningless forms. This can occur in the area of general taxation, but especially in relation to dealing with the Romanian customs authorities. For some time now, as those of you who have to deal with the authorities know, [...]

Boring Data Protection

The other week I was in England discussing with a client the question of Data Protection and the difference between Romania and England. Data Protection has been a hot topic in the Western half of the European Union as well as the USA for some time now, and is now having a bigger impact in Eastern [...]