Musat & Asociatii advised Ecolab, a global leader in water, hygiene and infection prevention solutions and services, on the Romanian law aspects of its strategic acquisition of Purolite Corporation, involving around 30 jurisdictions over six continents. The acquisition was structured as a cash transaction and valued at approximately USD 3.7 billion. Purolite is a global…
DetailsWhat? Before diving into the individual restrictions of competition that typically appear in vertical agreements, it is useful to first focus on the main types of distribution systems. Such types include exclusive distribution, non-exclusive or free distribution, selective distribution, franchising and agency. Suppliers can opt for a single system that covers the entire EEA, but…
DetailsWhat? The particular nature of agency agreements triggers the application of a specific competition law regime. This regime is based on a split between (i) the role assumed by the agent acting as an intermediary of the principal (i.e. where he is trying to secure transactions for the principal) and (ii) the position of the…
DetailsCOMMENCEMENT OF DLC COUNTDOWN NEWSLETTERS GETTING READY FOR 1 JUNE 2022 What? No business wants to run the risk that its distribution, agency or supply agreements (also known as “vertical agreements”) are found to be unlawful and invalid. Even worse, no business wants to be trapped by a competition authority and pay fines or…
DetailsRăzvan Stoicescu, Deputy Managing Partner Răzvan Graure, Tax Partner După un an 2020 în care autoritățile fiscale au manifestat indulgență, 2021 pare să fie într-adevăr marcat, nu doar în România, dar și în lume, de intensificarea controalelor fiscale. Nici finalul de an nu pare să se dezică de la acest trend, drept pentru care articolul…
DetailsCongratulations to Managing Associate Stefan Diaconescu, winner of the Rising Star Award for Romania at the Rising Stars Awards EMEA 2021, awarded by Euromoney’s Legal Media Group, part of the prestigious IFLR1000 guide. The awards celebrate EMEA’s future legal leaders from law firms and in-house teams, recognizing rising star lawyers across 28 practice areas and…
DetailsMusat & Asociatii advised tech giant Google LLC (Google) on all Romanian legal aspects of its acquisition of Fitbit for a total equity value of approximately USD 2.1 billion. Founded 13 years ago, Fitbit is currently one of the leading producers of smart health and fitness wearable devices, with more than 29 million active users…
DetailsMusat & Asociații’s Partner Monia Dobrescu has been named as one of 2021’s IFLR1000 Women Leaders, IFLR1000’s yearly guide to the leading women lawyers in the world, working in financial and corporate law. This year’s edition features an elite group of more than 750 women lawyers across EMEA, Asia-Pacific and the Americas. According to IFLR, this is…
DetailsMușat & Asociații recrutează avocați stagiari pentru ariile de practică de Consultanță și Litigii, în cadrul Programului de Pregătire Inițială 2024-2028, motivați să-și dezvolte o carieră în domeniul avocaturii de afaceri. Pe parcursul acestui program de pregătire avocații selectați vor lucra în echipe specializate unde se vor familiariza cu abordarea integrată a unei firme full-service…
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