A trademark registered at the State Office for Inventions and Trademarks (OSIM) is protected only on the Romanian territory. The trademark owner can register the same brand at international level in the largest countries in the world or even at the level of the entire European Union, according to Pavel, Margarit & Associates Romanian Law […]
From 2014 until mid-July 2018, the former owners of the nationalized houses received compensation titles amounting to almost EUR 1 billion from the National Authority for the Restitution of Properties, according to data provided by the Authority to Pavel, Margarit and Associates Romanian Law Firm. Altogether, almost 86,000 payment titles were issued in that […]
A company is insolvent if it fails to pay the debt to a creditor within 60 days of maturity. Law no. 85/2014, also called the insolvency law, imposes a value of the debt threshold for which insolvency can be claimed, namely 40,000 lei. The insolvency procedure is based on an application submitted by the […]
Applications for asylum may be rejected by Romanian authorities from several reasons. Applicants have multiple ways to appeal these decisions, on conditions that appeals is according to the calendar established by legal provisions. In order to challenge the decision through which the asylum application was rejected and to take all the necessary steps, it is […]
Tens of thousands of Romanian companies are still in insolvency stage. Many companies opened the insolvency procedure due to the financial crisis and others due to management mistakes. Individuals or companies that must recover loans from an insolvent company must know that sometimes the managers or the administrators of the insolvent companies can be held […]
The trademark is defined by law as a sign that distinguishes the products or services belonging to a natural or legal person from those belonging to another natural or legal person. This sign may be verbal, may have a graphic representation, or it may be a combination of the two. In order to be sure […]
The legal registration of a trade mark confers to its owner an exclusive right over trade mark. At the same time, the fulfillment of the trademark advertising formalities ensures its opposition to any third party, who can no longer plead it did not know about the existence of the trademark, say lawyers specialized in intellectual […]
The merger of the companies presupposes the existence of at least two distinct companies registered with the Romanian Trade Register that wish to join in one company. The merger of the trading companies can be done either by absorption, if one of the existing companies takes over the other (“absorbs it”), or by setting up […]
The headquarters of the company may be changed at any time by the sole shareholder’s decision or by the decision of the general meeting of shareholders. This change must be registered with the Romanian Trade Registry. Like any other procedure of this kind, whether we are talking about setting up a secondary headquarters, registration of […]
Romanian citizenship may be obtained by persons who lost this status, as well by their descendants, relatives of maximum second degree, if these ones demand regaining citizenship. The file for regaining of Romanian citizenship includes certificates that require legalization, statements, as well as evidence of the date when citizenship was lost. A Romanian citizenship and […]
