January 2012
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Archive for January, 2012

New regulations and rules in arbitration

31 Jan 2012 - Legal brief

New Rules of Arbitration (“Reguli de procedura arbitrala”) of the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania were published on January 23, 2012. Among the important amendments is that concerning the procedure for appointing the arbitrators: the parties are no longer allowed to nominate arbitrators, this

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The framework of origin guarantees for renewable energy (E-SRE)

22 Jan 2012 - Legal brief

Government decision no. 1232 of 14 December 2011 for approval the Regulation for issuing and monitoring of the origin guarantees for electricity produced from renewable energy sources (RES-E) (the “Regulation”), was published in the Official Gazette, Part I, no. 4 of 4 January 2012 [in Romanian – “Hotararea nr. 1232 din 14 decembrie 2011

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Amendments to the authorization process in the natural gas field

21 Jan 2012 - Legal brief

The Order 52/2011 for amending and supplementing the Regulation for authorization and verification of the economic operators performing design, execution and operation activities in the natural gas field was published in the Official Gazette, Part I, no. 932 of December 29th, 2011 [in Romanian – “Ordinul nr. 52 din 16 decembrie 2011 privind modificarea

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Capital market regulations are brought in line with the New Civil Code

20 Jan 2012 - Legal brief

With a view of bringing in line the capital market laws with the New Civil Code, Regulation no. 18/2011 for amending and supplementing certain regulations issued by the Romanian National Securities Commission according to Law no. 287/2009 regarding the Civil Code was published in the Official Gazette no. 2 of January 2, 2012 [in

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