Dragne & Asociatii secured a legal victory for its client, the Credit Europe Bank, in a first instance ruling of the Bucharest Tribunal, regarding a dispute over allegedly abusive clauses related to a credit agreement. The subject has been covered by the specialized press (all the files are in Romanian):
Category Archives: Newsmakers
Bogdan Toma on the lump-sum tax and its effects on businesses
Bogdan Toma, Senior Associate at Dragne & Asociatii, was quoted by DailyBusiness.ro on the subject of the lump-sum tax, which will be appplied starting with January the 1st 2013 for certain locations in the services industry such as bed and breakfasts, bars, restaurants or beauty salons. In Bogdan Toma’s opinion, the new tax might contribute to reducing tax evasion, but it could […]
Delia Bosman quoted by Business24.ro on the lump-sum tax
Companies active in the services sector will pay a lump-sum tax starting with January the 1st 2013. The tax will be applied for certain locations in the services industry such as bed and breakfasts, bars, restaurants or beauty salons. Delia Bosman, Deputy Managing Partner Dragne & Asociatii, commented on this initiative for Business24.ro. She explained that the Government is trying to increase […]
Stelian Garofil quoted by Ziarul Financiar on the Auchan-Metro transaction
The Competition Council has authorized the transaction by which Auchan Romania acquires 20 Real stores in Romania from the METRO Group. The competition authority has authorized this transaction with the condition to observe certain commitments voluntary assumed by the parties involved on the two markets, respectively Craiova and Targu Mures. Thus, Auchan has engaged not to increase selling prices by […]
Anamaria Gavrila on dealing with a mortgage loan after divorce
Anamaria Gavrila, Senior Associate at Dragne & Asociatii, explained for the business publication Capital what happens with a mortgage loan that was contracted during a marriage when the couple divorces. She commented on the various possibilities that can arise from such a situation, showing who is responsible for the loan in each case and what are the options to be considered by the former […]
Bogdan Toma on the lump-sum tax
Bogdan Toma, Senior Associate at Dragne & Asociatii, was quoted by the business publication Wall-Street.ro on the effects of the lump-sum tax, that the government wants to introduce in certain activity fields, such as tourism and the services industry. Bogdan Toma stated that the initiative could be effective in controlling the fiscal evasion in certain sectors that are traditionally affected by it. However, […]
Dragne & Asociatii secures legal victory for client K&S in high profile forced execution case
The Dragne & Asociatii litigation team, headed by partners Andreia Oana Dumitrescu and Daniel Cirstea, secured legal victory for its client, K&S Electric Power Point, in a complex and high profile dispute over the forced execution of the largest shopping mall in the South of Romania, Electroputere Parc Craiova. The case has been extensively covered by the Romanian press, with several […]
Delia Bosman on the establishment of commercial law courts
Delia Bosman, Deputy Managing Partner Dragne & Asociatii, was quoted by Business24.ro on the subject of specialized commercial law courts, which the Minister of Justice, Mr. Robert Cazanciuc, intends to create. Delia Bosman expressed her concerns regarding this initiative, and stated that, without the proper personnel and logistical means, the commercial law courts will not be able to function correctly, which could […]
Stelian Garofil quoted on the subject of insolvency trends
Stelian Garofil, Deputy Managing Partner at Dragne & Asociatii, was quoted by Daily Business on the subject of insolvency trends and how fraudulent insolvencies are used by debtors to avoid paying their creditors. Stelian Garofil stated that fraudulent insolvencies are not a mass phenomenon, but rather, the large number of insolvency cases that have emerged in the last three years is […]
Ion Dragne interviewed by Ziarul Financiar on the restitution of properties
Ion Dragne, Managing Partner at Dragne & Asociatii, was interviewed by the business publication Ziarul Financiar on the new law regarding the restitution of properties sized by the Communist regime, and on the involvement of local law firms in such cases. Mr. Dragne stated that the number of legal files dealing with property restitution might be of roughly 70-80,000 in Bucharest, and that […]