Transactional support concerning a seaside project in Bulgaria
PETERKA&PARTNERS Bulgaria provided comprehensive assistance to a SPV established by several Czech investors in relation to the sale of a land plot in the seaside resort Sunny Beach. Our office provided full transactional support, including preparation of the documents, negotiations, representation before the notary public and all the associated advice.
PETERKA & PARTNERS Romania provides tailored legal assistance in respect of implementing the whistleblowing policy
Our Romanian office is proudly providing legal advice to the local entities of a highly reputable company which has been successfully operating on the footwear and clothing market in the CEE region for 30 years, one of our long-term important clients, with regard to the implementation of the whistleblowing policy. Our tailored assistance consists in […]
Clarifications on Whistleblower Protection and Internal Reporting Channels in Corporate Groups
The EU Commission’s Whistleblower Protection Expert Group (the “Expert Group”) has shed light on the requirements for internal reporting channels in corporate groups, by interpreting several debatable provisions of Directive (EU) 2019/1937 On Whistleblower Protection (the “Directive”). These interpretations, while non-binding, provide valuable guidance for Romania, ensuring compliance with the principles of the Directive. Understanding […]
Legal updates impacting Romanian citizenship law
Currently, the procedure and requirements for obtaining and regaining Romanian citizenship is regulated by Law no. 21/1991 on Romanian Citizenship (hereinafter referred to as “Law no. 21/1991”). Law no. 21/1991 sets the general framework, establishing that Romanian citizenship can be obtained by birth (ius sanguinis being the applicable principle of nationality law), by adoption, or […]
New rules increase consumer protection in regards to total cost of credit in Romania
Law 243/2024 on Consumer Protection in regards to the Total Cost of Credit and the Assignment of Receivables (“Law 243”) was published in Official Gazette no. 807/13.08.2024 and shall enter into force 90 days from the date of publication. This law applies to legal relationships between consumers, non-banking financial institutions, and entities engaged in debt […]
PETERKA PARTNERS Successfully Represents Client in Employment Dispute / PETERKA PARTNERS успішно представила клієнта у трудовому спорі
PETERKA PARTNERS Ukraine successfully represented a world-renowned air freight and logistics group in a court dispute initiated by a former employee regarding the alleged unlawful termination of employment, reinstatement, and compensation for lost wages. Our legal team developed a comprehensive strategy to safeguard the client’s rights and reputation against an unfounded claim challenging the legality […]
PETERKA PARTNERS Hungary advised UK hospitality company on entry to Hungarian market
PETERKA PARTNERS Hungary advised a UK-based company, which operates several hostels & hotels across Europe, on its entry onto the Hungarian market. Comprehensive legal services included:• Establishing a local company• Concluding a long-term lease for a hostel• Providing legal support for local licensing• Assisting with the necessary refurbishment of a building PETERKA PARTNERS is proud […]
PETERKA & PARTNERS advised J&T VENTURES CG SICAV in acquisition of shares
PETERKA & PARTNERS provided legal services to a venture investment fund, J&T VENTURES CG SICAV, in connection with the acquisition of shares in a Series A investment round co-led by US Momenta Ventures. The investment was made in a Czech company Sprayvision, a European leader in spray pattern digitalization, analysis, evaluation, process control, and non-contact […]
EU AI ACT AND ITS IMPACT ON AI-DRIVEN BUSINESSES: KEY DATES & TAKEAWAYS
PETERKA & PARTNERS Romania is pleased to inform you about an important legislative update connected to artificial intelligence. On July 12, 2024, the EU AI Act was published in the Official Journal of the European Union, establishing harmonized rules on artificial intelligence. The Act will come into force 20 days after publication, making August 1, […]
PETERKA PARTNERS Ukraine in the 2024 Edition of Ukrainian Law Firms. A Handbook for Foreign Clients / Український офіс PETERKA PARTNERS в Ukrainian Law Firms. A Handbook for Foreign Clients 2024
We are delighted to announce that the Ukrainian office of PETERKA PARTNERS has been recognized in the 2024 edition of Ukrainian Law Firms. A Handbook for Foreign Clients. We are particularly proud to be recognized for the first time in the following categories:• Corporate and M&A• Labor and Employment• Tax Consulting This achievement highlights our […]