PNSA in the deal through which Auchan shall operate 400 MyAuchan stores within OMV Petrom stations
PNSA advised Auchan Retail Romania in respect of the takeover of the entire chain (more than 400 units) of OMV Petrom petrol filling stations in view of converting them into MyAuchan proximity stores and their further non-petrol retail operation. This is the biggest project ever of a Romanian petrol retailer to outsource the non-petrol products retail …
PNSA in one of the largest real estate deals in the West part of Romania in 2020
PNSA advised Belgian developer VGP Parks on the acquisition of real estate assets with a total area of approximately 40 ha in Arad. This is considered by specialists the largest deal in the West part of Romania in 2020.
Anti-corruption compliance concerns & best practices in time of COVID-19
In the middle of a crisis such the current one, companies face variousunforeseeable challenges. And although at this moment the attention is directed towards overcoming this situation, one may not neglect how this outcome is achieved, especially considering that once the “storm”is over, misconducts tend to come to light and regulators will almost sure enforce …
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About strategic businesses during the COVID-19 pandemic
With a fewnotable exceptions, all companies are struggling these days. For some itis about organizing general business survival, for some it is about dealingwith the short-term cash-flow management, some are restructuring their businessand resetting the employment scheme, while for some the only option was tofreeze production and apply for various public support measures.
The aftermath of COVID-19 outbreak – Practicing social distancing during AGMS of listed companies
Introduction As the negative consequences of COVID-19 continue to expand, companies are facing various demanding challenges, one of them being related to the organisation of the Annual General Meetings of the Shareholders (“AGMS”).
COVID-19: Real Estate market implications. Particular insights into Lease Agreements
1. Introductory aspects Since its outbreak in November, 2019 in China, COVID-19 has rapidly spread across Europe, the general opinion being that the peak is yet to come. The aggressive rate of spreading of COVID-19 has marked the financial markets, which now indicate a decrease of the earnings expectations.
State aid amid COVID-19 outbreak
PNSA COVID-19 Legal Response Team
COVID-19: Arbitration – Where to?
The COVID-19 pandemic has shaken the globe and virtually all sectors have had to adapt to an increasingly contact-free environment. The world of arbitration is no exception, and in the past weeks we have seen a series of adjustments and solutions targeted at both safeguarding the health of participants and preserving the continuity of the …
Coronavirus & competition. Breach of Competition Law? “Price gouging” or not?
First one: Coronavirus & competition – any potential link?
PNSA advised Ameropa Group on a €324 million syndicated financing
PNSA advised its long-standing client Ameropa Group, worldwide leading Swiss grain and fertilizer trader, on the €324 million multicurrency revolving financing granted by a syndicate of banks composed of Banca Comerciala Romana, Raiffeisen Bank, ING Bank N.V. Amsterdam – Bucharest Branch and UniCredit Bank.