Has it become harder for non-European citizens to open a business in Romania?
While Romania has been a country that has been constantly inviting and attracting new business, being a non-European citizen or company that aims to open a business can come with its own set of headaches. These are in part to changes in the Global situation and further requirements of the European Union. Certain challenges may […]
Company Formation in Romania
WHAT DO I NEED TO KNOW TO SET UP A ROMANIAN COMPANY? Most people who set up companies in Romania chose to incorporate a limited liability company (“SRL”). If you are considering setting up a company, there are certain initial matters which you need to consider. These are the steps, legal procedures, documents required and […]
The Digital Personal Data Protection Bill
A DEEPER INSIGHT INTO THE DIGITAL PERSONAL DATA PROTECTION BILL, 2022 -Dr. Karnika Seth, Advocate, Supreme Court of India The Ministry of Electronics and Information Technology (MeitY) released a new data Protection Bill on November 18, 2022, i.e. three months after striking down a prior version which was named the Personal Data Protection Bill, 2019. […]
Being Romanian has just become desirable
Has Being Romanian become desirable? Not long ago if you were Romanian, you could find yourself in some circumstances or circles where it was better to keep your nationality to yourself. Lately, and by that, I mean in the last few years and perhaps more frequently and constantly in the last few months, it seems […]
Indian Telecommunication Bill
By Dr. Karnika Seth, Cyber law Expert & Founder, Seth Associates law firm, India Accredited Arbitrator Federation of Integrated Conflict Management & Member, World Law Alliance Country Chair, G 100 -Artificial Intelligence, Data & Cybersecurity LinkedIn The Draft Indian Telecommunication Bill, 2022, recently issued by the Department of Telecommunications, Government of India, aims to consolidate […]
How do I Close a Company in Romania
How do I Close a Company in Romania? As well as incorporation of companies, we are often asked to advise on the closure of a company’s business and the subsequent steps to be taken to close a company and to ensure that there are no outstanding liabilities on the administrator and the shareholders. The concept […]
SPAC- Promising Option for Public Funding From Offshore
BACKGROUND Innovative methods like Special Purpose Acquisition Companies (SPACs) for raising of capital have been around for decades. Since the 1990s, SPACs have existed in the technology, healthcare, logistics, media, retail and telecommunications industries. However, in the recent years, they have become more popular by attracting big names and raising big money through initial public […]
Emergency Arbitration in India
BACKGROUND & INTRODUCTION In the past decade, the concept of emergency arbitration (“Emergency Arbitration”) has brought a new dimension to international commercial arbitration. Various international arbitration institutions like the American Arbitration Association- International Center for Dispute Resolution (“AAA-ICDR”), International Chamber of Commerce (“ICC”), Hong Kong International Arbitration Center (“HKIAC”), etc. have incorporated rules relating to […]
Cryptocurrency
CRYPTOCURRENCY: AN OVERVIEW BACKGROUND Ever since the evolution of virtual currencies (“VCs”) in 1980s, a continuous rise in the popularity and prevalence of the VCs has been seen around the world. Many consider waning trust in governmental institutions, a major cause of ongoing worldwide financial revolution. Cryptocurrency is a kind of VC, which is used […]
City Insurance
Hammond Partnership acting in association with Yiannis Pantelidis of PD Law Office from Athens, Greece advised and assisted the Greek Insurance Association and its members in filing claims in the bankruptcy of City Insurance and also before the Guarantee Fund. The Firm assisted the members of PDL Office in ensuring all filings were in time […]