On September 10, 2020, Advocate General Maciej Szpunar delivered his Opinion in Case C‑392/19 VG Bild-Kunst v Stiftung Preußischer Kulturbesitz, where a request for a preliminary ruling was lodged with the Court of Justice of the European Union (“CJEU” / “Court”) on May 21, 2019. In one of our previous articles, we have analysed the opinion of the Advocate General Maciej Szpunar, mentioning that it will be interesting to see whether the CJEU will follow the reasoning of the Advocate General or whether it will stay faithful to the principles already established in its previous jurisprudence.
Increasing the share of renewable energy use is an essential pillar for Romania to meet its commitments under the European Green Deal. The country must scale up the deployment of renewable projects to achieve its 30.7 % target for 2030: some 6 GW of new wind power and solar PV capacities need to be installed over the next 10 years.
Law no. 83/2021 amending and supplementing Government Ordinance no. 51/1997 on the leasing operations and the leasing companies (“GO no. 51/1997”) was published on April 16, 2021 in the Official Gazette no. 401, Part I (“Law no. 83/2021”). Importantly, the provisions of Law no. 83/2021 may only be applied for leasing agreements concluded after its entry into force.
RTPR, acting on behalf of the Electrica Group’s electricity distribution company, and ACT Legal Romania, acting on behalf of the Delgaz Grid, have persuaded Romania's High Court of Cassation and Justice to rule on behalf of their clients ad several other distribution companies in a long-running dispute involving claims of anti-competitive behavior brought by Digi Communications, a member of the RCS-RDS group.
Filip & Company has advised investment fund Mozaik Investments on the acquisition of a minority shareholding in the Romanian company operating the Stradale chain of restaurants, the Mitzu coffee shops, and the Flavours catering service providers. Tuca Zbarcea & Asociatii advised the unnamed sellers on the deal.
Last summer, Romania’s Parliament adopted the controversial Law 175/2020 for the amendment and completion of Law 17/2014 on certain measures to regulate the sale of agricultural lands located outside the built-up area and to amend Law 268/2001 on the commercial companies’ privatization that hold in administration lands of public and private property of the State with agricultural destination and the establishment of the State Domains Agency.