Standard contractual clauses for the transfer of personal data to third countries recently implemented by European Commission
On 4 June 2021, the European Commission implemented Decision (EU) 2021/914 on standard contractual clauses for the transfer of personal data to third countries pursuant to Regulation (EU) 2016/679 of the European Parliament and of the Council (hereinafter referred to as the “Decision”), as well as Decision (EU) 2021/915 on standard contractual clauses between controllers […]
PETERKA & PARTNERS Ukraine repeatedly acknowledged by Ukrainian Law Firms – A Handbook for Foreign Clients
The Kyiv team of PETERKA & PARTNERS is very much proud to reaffirm its outstanding experience solid position on Ukrainian legal market. Happy to share we have been once again acknowledged by the 2021 edition of Ukrainian Law Firms – A Handbook for Foreign Clients in Antitrust and Competition, Corporate and M&A, Intellectual Property, International […]
Overlapping of tele-working and posting under Romanian legislation
Following recent amendments to the legislation regulating tele-working in Romania, workers have found themselves in a situation in which the provisions of posting might be relevant in the case of tele-working. For more details regarding this topic, please open this link and read the article prepared by our Romanian team.
PETERKA & PARTNERS Ukraine secures tax dispute win in court of appeal for client
The Kyiv team of PETERKA & PARTNERS has secured a tax dispute win in a court of appeal for the Ukrainian subsidiary of a global supplier of electronic wares. The dispute, challenging the results of a VAT audit by the tax inspectorate, has resulted in confirmation of the client’s right to VAT refund.
New (pre-)insolvency procedure around corner in Hungary
As an implementation of the EU’s 2019/1023 Directive, Hungarian legislators have passed Act LXIV of 2021 (effective from 1 July 2022) on the restructuring procedure, a brand-new pre-insolvency scheme when compared to the already existing insolvency proceedings (bankruptcy, liquidation). The main advantages of restructuring can be summarized as follows: • voluntary basis: the company expecting […]
PETERKA & PARTNERS Czech Republic assists V-Sharp Ventures Alpha
The Prague office of PETERKA & PARTNERS provided legal advisory to V-Sharp Ventures Alpha SE, a venture studio focused on investment into start-ups, in connection with the financing of Advanto, a start-up fintech company developing and providing an application for early wage access. The advisory involved, in particular, executing DD, drafting and amending transaction documentation, […]
Recent instructions issued by Romanian Trade Registry
New instructions have been issued by the Romanian Trade Registry in May 2021 which envisage the wording related to the “unlimited term” of Romanian companies, and the duration of the mandate of directors of Romanian limited liability companies. Further to such instructions, the term used for companies that do not have a limited term will […]
PETERKA & PARTNERS Romania, proud speaker at Polish Investment & Trade Agency Bucharest webinar
Romania continues to be an attractive market for foreign investors, and investing in this jurisdiction offers several advantages due to its market potential, strategic location and competitive business and legal environments. On 7 July, PETERKA & PARTNERS Romania will participate as a speaker at the webinar “Doing Business in Romania – Legal and Tax Aspects, […]
PETERKA & PARTNERS Newsletter
The same as every year, we are here with the summer issue of our PETERKA & PARTNERS Newsletter. So, before you leave on holiday, don’t hesitate to read up on the latest legal and tax news. The PETERKA & PARTNERS Newsletter brings you reports on legal developments and consists of the following sections: news from […]
PETERKA & PARTNERS Romania assists Romanian entrepreneur on exit from joint venture
PETERKA & PARTNERS Romania has recently assisted a Romanian entrepreneur holding a minority participation in a Romanian leather goods producer, in connection with the various competition and M&A related issues involved in a transaction concerning the transfer of shares/exit from a joint venture with a well-known Italian brand. The project is important as it concerned, […]