The incentive ‘Towards a theory of transnational law’ suggests the existence of a possible goal. The said goal may amount to an illusion. That is why it seems appropriate to me to come ‘from the theory of transnational law’. The theory of transnational law means an intellectual worldwide project. This article aims to point out at least two developments of the project at stake. The litigation RJR Nabisco, Inc. v. European Communit...

The purpose of this article is to analyze, on the one hand, the behave of the Commission, the planning and implementation of its competition inspections and, on the other hand, the that it may fine, on what grounds it is based, the objectives as well as their impact in relation to its case law.The aim is to find a pattern for the development of the plan to combat unfair competition, and on the basis of this we can outline an overview aim...

In the mind of most accounting and fiscal professionals, the concept of justifying document has acquired an unwarranted superiority aura in the „world” of documents, reason for which the controlling bodies continue to abuse the claim of the absence of this „particular” type of documents.This notwithstanding the absence from the new Fiscal Code of the provisions of article 21 para. 4 letter f) of the 2003 Fiscal Code, the true refuge of th...

The pre-emption right asserted by Article 216 of the Company Law is an instrument that warrants the corporate balance, protecting the shareholders, in a transparent and predictable way, in the process of company’s share capital increase. Therefore, the limitation or removal of the pre-emption right through statutory clauses is forbidden and, during the increase of the share capital, is subjected to exceptional conditions. Violation of the pre...

If the associates of the limited liability company are in agreement regarding the allocation and liquidation of the assets of the company and if they warrant payment of company’s debts or provide for a settlement of receivables with the company’s creditors, the Company Law allows them to decide, concomitantly with the dissolution of the company, the means to liquidate the company and, by their unanimous vote, to decide upon distribution, betw...

Considering the legal provisions regarding the unilateral termination of contracts enshrined in the new Romanian Civil Code, we want to bring to attention the issue of the impact they generate on the mandate and agency contracts. The right of the parties to the mandate and agency contracts to terminate the agreement unilaterally has its legal basis primarily in the special legal provisions incidental to these contracts (art. 2030-2034, 2036-20...

The need to harmonize State aid policies with the export subsidy regime is described in this article, both in terms of the legal basis and the advantages and disadvantages produced by it, highlighted by examples from practice. Keywords:

Stock markets are seen as a real barometer of economic development. According to this assumption, the reclassification of the Romanian stock market from Frontier to Emerging market is based on one hand, on the listing of significant issuers, on their liquidity, but on the other hand on the strengthening of the legal framework that governs the stock market. The recognition of the relevance of the stock market for the economy is linked to the hig...

Through the study having the title and the mentioned object, we set out to identify, present and analyze some of the legal implications that it may have, the legal nullity of the deletion of the (commercial) companies that did not increase their share capital, at the level and within the terms imposed by certain special laws. ...

Art. 1.420 is part of the texts that Civil Code of 2009 did not take from the old Code. The text allows – in the case of an event considered by the parties as a term, but being an event, however not realized – that the provisions of chapter dedicated by the Civil Code to the term as a modality of the civil legal act to become applicable.The present study includes, in its first part, an analysis of the substantial aspects relevant to the ...