PNSA advised Burda Group on the sale of its business in Romania
PNSA and PNSA Tax advised Burda Group on the sale of its business in Romania.
WDP acquires three new logistics centres
Popovici Niţu Stoica & Asociaţii advised WDP, one of the leading Belgian developers and owners of logistics and warehousing in the market, on the recent acquisition of three major logistics parks in Romania:
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.
Consumer Rights Gain Stronger Footing
With the Consumer Protection Act, 2019 (‘CPA’) taking effect in July 2020, India has updated its consumer protection laws. The CPA replaces a 1986 legislation that was increasingly inadequate in coping with the legal challenges posed by changing market realities, most particularly, the rapidly growing shift towards e-commerce. Also, on July 23, 2020, the government …
Covid-19: BUSINESS AS USUAL
Despite the disruption created by the lockdown, Remfry & Sagar has been providing real-time updates on IP matters to clients. In an article featured in the India Business Law Journal, Ashwin Julka (Managing Partner) speaks of the preparedness of the Firm heading into the lockdown, how it is looking to support clients in times of operational and financial challenge and the need …
Trademark Hearings via Video-Conferencing
In a much awaited development, the Indian IP Office has announced the procedure for conducting hearings via video-conferencing for trademark matters.
TRADEMARK OPPOSITION Timelines: A Liberal Interpretation
In a case argued by Remfry & Sagar – ‘Pioneer Electronic Corporation vs. M/S. Suse Electronics and Anr.’ – the Intellectual Property Appellate Board (‘IPAB’) has had the opportunity to adjudicate a critical question of law connected with trademark opposition proceedings – whether or not (erstwhile) Rule 51 of the Trade Mark Rules, 2002 (‘Rules’), …
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Wirecard AG – Investigations on suspicion of market manipulation
The Munich Public Prosecutor’s Office has conducted a search of Wirecard’s head office in Aschheim near Munich on suspicion of market manipulation. The raid that took place at Wirecard’s head office on June 5, 2020 appears to have been in response to a criminal charge lodged by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) – Germany’s Federal …
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Bär & Karrer Advises Ares Management
Ares Management Corporation (“Ares”), a global alternative investment manager, that invests across Credit, Private Equity and Real Estate, invested in Peach Property Group AG (“Peach”) by subscribing to approx. CHF 150 million of a mandatory convertible bond issued by Peach, a real estate company listed on SIX Swiss Exchange. With a shareholding of approx. 30 percent, …