Some of the most important issues and questios about franchises, answered by our Romanian lawyers. What is a franchise? The franchise is in fact an operation, a contract whereby the franchisor (the franchising company) grants the franchisee the right to
What is the procedure which can trigger the enforcement of a foreign judgment in Romania? Normally, a court ruling given in a State and recognized in Romania through the means of the “exequatur” procedure, must be carried out voluntarily by
Our lawyers in Romania present am amendment to Law no. 31/1990. Main legal provisions Law no. 31/1990 on companies involved: Art. 14. – (1) A natural person or a legal person may be a sole shareholder only in a single
What is the law that regulates the jurisdiction of the Romanian courts and to which types of cases do these provisions apply? The law governing the international jurisdiction of Romanian courts is the new Romanian Civil Procedure Code. These provisions
Romania is a beautiful country and tourism is one business sector that offers important opportunities for investments. Tourists enjoy the natural landscape and the diversity of the relied, along with the fact that the country offers both mountain resorts and
Question: What is the Romanian Trade Register and how does it work as a legal insitution? Answer: The Romanian Trade Register is a public institution with legal personality, organized under the authority of the Ministry of Justice. Among the National Trade
