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Țuca Zbârcea & Asociații
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Tuca Zbarcea & Asociatii retains a Gold position in the 2021 edition of WTR 1000 The Romanian law firm is ranked in the Gold band for both Enforcement and Litigation, as well as Prosecution and Strategy of the 2021 edition of World Trademark Review 1000: The World's Leading Trademark Professionals. According to the editors, a "Gold" designation means that the respective law firm has attracted the most positive comments from sources, being identified as the creme de la creme. The Romanian law firm is ranked in the Gold band for both Enforcement and Litigation, as well as Prosecution and Strategy of the 2021 edition of World Trademark Review 1000: The World's Leading Trademark Professionals. According to the editors, "in pole position on both the prosecution and litigation fronts, Tuca Zbarcea & Asociatii has the talent, know-how and experience to execute flawlessly on high-profile mandates. [...] Heading the IP and data protection groups is Ciprian Dragomir, who wages uncompromising campaigns against infringers and counterfeiters in consumer-facing industries such as tobacco, food and drink, and fashion. Assisting him with many of the firm's most critical instructions is managing associate Bogdan Halcu, who has mastered everything from registration to enforcement, licensing and regulatory issues, as well as anti-counterfeiting and competition matters." A "Gold" designation means that the respective law firm has attracted the most positive comments from sources, being identified as the creme de la creme. The WTR 1000 research directory, which focuses exclusively on trademark practices and practitioners, has firmly established itself as the definitive 'go-to' resource for those seeking world-class legal trademark expertise. When identifying the leading firms, factors such as depth of expertise, market presence and the level of work on which they are typically instructed were all taken into account, alongside positive peer and client feedback. The full rankings are available here: https://www.worldtrademarkreview.com/directories/wtr1000/rankings/romania
February 15, 2021
Țuca Zbârcea & Asociații retains a Gold position in the 2021 edition of WTR 1000
The Romanian law firm is ranked in the Gold band for both Enforcement and Litigation, as well as Prosecution and Strategy of the 2021 edition of World Trademark Review 1000: The World's Leading Trademark Professionals. According to the editors, a "Gold" designation means that the respective law firm has attracted the most positive comments from sources, being identified as the creme de la creme[+]

The Romanian law firm is ranked in the Gold band for both Enforcement and Litigation, as well as Prosecution and Strategy of the 2021 edition of World Trademark Review 1000: The World's Leading Trademark Professionals.  

According to the editors, "in pole position on both the prosecution and litigation fronts, Țuca Zbârcea & Asociații has the talent, know-how and experience to execute flawlessly on high-profile mandates. [...] Heading the IP and data protection groups is Ciprian Dragomir, who wages uncompromising campaigns against infringers and counterfeiters in consumer-facing industries such as tobacco, food and drink, and fashion. Assisting him with many of the firm's most critical instructions is managing associate Bogdan Halcu, who has mastered everything from registration to enforcement, licensing and regulatory issues, as well as anti-counterfeiting and competition matters."

A "Gold" designation means that the respective law firm has attracted the most positive comments from sources, being identified as the creme de la creme.

The WTR 1000 research directory, which focuses exclusively on trademark practices and practitioners, has firmly established itself as the definitive 'go-to' resource for those seeking world-class legal trademark expertise. When identifying the leading firms, factors such as depth of expertise, market presence and the level of work on which they are typically instructed were all taken into account, alongside positive peer and client feedback.

The full rankings are available here: https://www.worldtrademarkreview.com/directories/wtr1000/rankings/romania

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Tuca Zbarcea & Asociatii law firm wins an arbitral dispute worth EUR 5.5 million An irrevocable ruling handed down by the supreme court in a EUR 5.5 million arbitration ends a nine-year-long dispute whereas Tuca Zbarcea & Asociatii represented a private company with a team coordinated by Cornel Popa and Ioana Gelepu, Partners in the Litigation and Arbitration practice group, as well as Cornelia Tabirta, Managing Associate within the same department. The dispute arose from a contract concluded in 2007. Under such contract, a private company had undertaken obligations to design, deliver, install and train the beneficiary's staff in connection with the performance of an electronic archiving system. Given that its contractual partner (a public authority) refused to pay the second instalment of the agreed price, the company initiated in 2012 an arbitral dispute before the International Commercial Arbitration Court of the Chamber of Commerce and Industry of Romania. Initially, by an arbitral award handed down in 2015, the arbitral tribunal admitted the claims consisting in the price balance, and it forced the public authority to pay approximately EUR 5.5 million. Next, in 2016, the Bucharest Court of Appeal admitted the action for annulment filed by the public authority and annulled the arbitral award, retaining that the dispute could not be subject to arbitration. Finally, the company lodged a final appeal against such ruling before the High Court of Cassation and Justice and this month, the supreme court handed down its irrevocable ruling whereby it allowed the company's final appeal and thus it maintained the initial arbitral award. This closes a real saga arising from this contract. At the end of 2019, the supreme court previously handed down a final ruling in yet another dispute between the same parties, whereas the company had requested the refund of the amount of the letter of bank guarantee abusively enforced by the beneficiary. At that time, the High Court of Cassation and Justice rejected the authority's final appeal and thus it maintained the arbitral award under which the authority had been obliged to pay an amount of approximately EUR 1.4 million. The case involved a variety of legal reviews, debates on issues such as international contract law and the effects of Romania's commitments towards the European Commission, the limits of arbitrability from the perspective of general and special procedural rules, the delimitations between various types of contracts entered into with the public authorities on the basis of general or special rules, the application of the principles of contractual liability in a complex relationship, both from the perspective of the obligations assumed by the parties and from the perspective of the way in which such relationship evolved. The ruling of the supreme court contributes to the consolidation of arbitration as a viable alternative for the relief of the courts and to the observance of the principle of the binding force of the contracts between private companies and public authorities. In this dispute, the applicant was represented by a legal team coordinated by Cornel Popa and Ioana Gelepu, Partners in the Litigation and Arbitration practice group of Tuca Zbarcea & Asociatii, as well as Cornelia Tabirta, Managing Associate within the same department. Tuca Zbarcea & Asociatii has a leading practice in Dispute Resolution, the firm's pre-eminence in this area being already acknowledged by renowned international publications, such as Chambers & Partners, Legal 500 and the Global Arbitration Review. More so, the firm is a recipient of the 2020 "Law Firm of the Year in Romania for Dispute Resolution" Award by Benchmark Litigation Europe (a publication of Euromoney Legal Media Group), one the most coveted and prestigious international accolades for law firms specialising in litigation and arbitration.
January 29, 2021
Țuca Zbârcea & Asociații law firm wins an arbitral dispute worth EUR 5.5 million
An irrevocable ruling handed down by the supreme court in a EUR 5.5 million arbitration ends a nine-year-long dispute whereas Țuca Zbârcea & Asociații represented a private company with a team coordinated by Cornel Popa and Ioana Gelepu, Partners in the Litigation and Arbitration practice group, as well as Cornelia Tăbîrță, Managing Associate within the same department. [+]

The dispute arose from a contract concluded in 2007. Under such contract, a private company had undertaken obligations to design, deliver, install and train the beneficiary's staff in connection with the performance of an electronic archiving system.

Given that its contractual partner (a public authority) refused to pay the second instalment of the agreed price, the company initiated in 2012 an arbitral dispute before the International Commercial Arbitration Court of the Chamber of Commerce and Industry of Romania.

Initially, by an arbitral award handed down in 2015, the arbitral tribunal admitted the claims consisting in the price balance, and it forced the public authority to pay approximately EUR 5.5 million. Next, in 2016, the Bucharest Court of Appeal admitted the action for annulment filed by the public authority and annulled the arbitral award, retaining that the dispute could not be subject to arbitration. Finally, the company lodged a final appeal against such ruling before the High Court of Cassation and Justice and this month, the supreme court handed down its irrevocable ruling whereby it allowed the company's final appeal and thus it maintained the initial arbitral award.

This closes a real saga arising from this contract. At the end of 2019, the supreme court previously handed down a final ruling in yet another dispute between the same parties, whereas the company had requested the refund of the amount of the letter of bank guarantee abusively enforced by the beneficiary. At that time, the High Court of Cassation and Justice rejected the authority's final appeal and thus it maintained the arbitral award under which the authority had been obliged to pay an amount of approximately EUR 1.4 million.

The case involved a variety of legal reviews, debates on issues such as international contract law and the effects of Romania's commitments towards the European Commission, the limits of arbitrability from the perspective of general and special procedural rules, the delimitations between various types of contracts entered into with the public authorities on the basis of general or special rules, the application of the principles of contractual liability in a complex relationship, both from the perspective of the obligations assumed by the parties and from the perspective of the way in which such relationship evolved.

The ruling of the supreme court contributes to the consolidation of arbitration as a viable alternative for the relief of the courts and to the observance of the principle of the binding force of the contracts between private companies and public authorities.

Ioana_Gelepu_Cornel_Popa_Cornelia_Tabirta_website

In this dispute, the applicant was represented by a legal team coordinated by Cornel Popa and Ioana Gelepu, Partners in the Litigation and Arbitration practice group of Țuca Zbârcea & Asociații, as well as Cornelia Tăbîrță, Managing Associate within the same department.

Țuca Zbârcea & Asociații has a leading practice in Dispute Resolution, the firm's pre-eminence in this area being already acknowledged by renowned international publications, such as Chambers & Partners, Legal 500 and the Global Arbitration Review.

More so, the firm is a recipient of the 2020 "Law Firm of the Year in Romania for Dispute Resolution" Award by Benchmark Litigation Europe (a publication of Euromoney Legal Media Group), one the most coveted and prestigious international accolades for law firms specialising in litigation and arbitration.

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Tuca Zbarcea & Asociatii law firm advising giant AmerisourceBergen Corporation on the local loop of its USD 6.47 billion acquisition of Alliance Healthcare distribution business from Walgreens Boots Alliance (WBA) On 6 January 2021, AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance signed the transaction whereby the U.S. corporate giant acquired Alliance Healthcare - WBA's wholesale pharmaceutical distribution business in Europe, including Romania, together with other specified services, as well as retail pharmacy operations in several European countries. Within the local component of the transaction, AmerisourceBergen benefited from the legal assistance services provided by Tuca Zbarcea & Asociatii. On 6 January 2021, AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance signed the transaction whereby the U.S. corporate giant acquired Alliance Healthcare - WBA's wholesale pharmaceutical distribution business in Europe, including Romania, together with other specified services, as well as retail pharmacy operations in several European countries. Within the local component of the transaction, AmerisourceBergen benefited from the legal assistance services provided by Tuca Zbarcea & Asociatii. The Romanian firm acted as part of an international consortium led by Hogan Lovells. The team was led by partner Ciprian Dragomir and managing associate Dominic Morega, and included lawyers and experts with extensive experience in various areas, such as Roxana Pana, managing associate; Dana Blaer, managing associate; Serban Paslaru, partner; Mihai Anghel, managing associate and Ramona Moisa (tax manager). Tuca Zbarcea & Asociatii was involved particularly in the due diligence process concerning the local companies subject to acquisition and also in assessing other specific legal or tax matters. "It has been a privilege to advise AmerisourceBergen and to work with the excellent team of Hogan Lovells on this large-scale cross-border transaction, which will also have a significant impact on the pharmaceutical distribution and logistics services market in Romania. We are ready to continue to provide all the necessary support so that the transaction would be completed in the best conditions", said Dominic Morega, managing associate at Tuca Zbarcea & Asociatii. The transaction, valued at USD 6.47 billion, is subject to certain conditions precedent (including the approvals of regulatory and competition authorities in Europe and the U.S.). Once completed, it will make AmerisourceBergen a global leader in pharmaceutical distribution and services in Europe, North America and other areas of the world.
January 18, 2021
Țuca Zbârcea & Asociații law firm advising giant AmerisourceBergen Corporation on the local loop of its USD 6.47 billion acquisition of Alliance Healthcare distribution business from Walgreens Boots Alliance (WBA)
On 6 January 2021, AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance signed the transaction whereby the U.S. corporate giant acquired Alliance Healthcare - WBA's wholesale pharmaceutical distribution business in Europe, including Romania, together with other specified services, as well as retail pharmacy operations in several European countries. Within the local component of the transaction, AmerisourceBergen benefited from the legal assistance services provided by Țuca Zbârcea & Asociații. [+]

On 6 January 2021, AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance signed the transaction whereby the U.S. corporate giant acquired Alliance Healthcare - WBA's wholesale pharmaceutical distribution business in Europe, including Romania, together with other specified services, as well as retail pharmacy operations in several European countries.

Within the local component of the transaction, AmerisourceBergen benefited from the legal assistance services provided by Țuca Zbârcea & Asociații. The Romanian firm acted as part of an international consortium led by Hogan Lovells. The team was led by partner Ciprian Dragomir and managing associate Dominic Morega, and included lawyers and experts with extensive experience in various areas, such as Roxana Pană, managing associate; Dana Blaer, managing associate; Șerban Pâslaru, partner; Mihai Anghel, managing associate and Ramona Moisa (tax manager). Țuca Zbârcea & Asociații was involved particularly in the due diligence process concerning the local companies subject to acquisition and also in assessing other specific legal or tax matters.

"It has been a privilege to advise AmerisourceBergen and to work with the excellent team of Hogan Lovells on this large-scale cross-border transaction, which will also have a significant impact on the pharmaceutical distribution and logistics services market in Romania. We are ready to continue to provide all the necessary support so that the transaction would be completed in the best conditions", said Dominic Morega, managing associate at Țuca Zbârcea & Asociații.

The transaction, valued at USD 6.47 billion, is subject to certain conditions precedent (including the approvals of regulatory and competition authorities in Europe and the U.S.). Once completed, it will make AmerisourceBergen a global leader in pharmaceutical distribution and services in Europe, North America and other areas of the world.

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Tuca Zbarcea & Asociatii advises ENGIE Romania on purchasing a photovoltaic park with an installed capacity of 9.3 MW ENGIE Romania has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed capacity of 9.3 MW. The Romanian arm of French electric utility company Engie retained Tuca Zbarcea & Asociatii for legal assistance in relation to this transaction with a team of lawyers led by Partner Irina Moinescu. ENGIE Romania has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed capacity of 9.3 MW. Prior to the completion of the deal, the park was part of Ever Solar SA, a subsidiary owned by the German photovoltaic park developer, Soventix, and developer Alpin Solar. The photovoltaic farms are located in the village of Cristuru Secuiesc in Harghita County. They were put into operation in 2015 and have so far produced about 55 GWh, the equivalent of annual electricity consumption of about 34,000 households. ENGIE Romania retained Tuca Zbarcea & Asociatii for legal assistance in relation to this transaction. The team was led by Partner Irina Moinescu (Energy) and consisted of lawyers with various backgrounds, including Raluca Misu, Managing Associate (Real Estate), Andreea Oprisan, Managing Associate (Competition/Antitrust), Irina Raileanu, Managing Associate (Dispute Resolution), Iuliana Leon, Managing Associate (EPC), Roxana Pana, Managing Associate (Environmental Law), Marius Barladeanu, Managing Associate (Corporate/Commercial and Energy). The acquisition is in line with ENGIE Romania's strategy focused on the development of renewable energies that have a key role in the energy transition. Further information on this deal is available here: https://www.engie.ro/engie-romania-a-achizitionat-un-parc-fotovoltaic-cu-o-capacitate-de-93-mw/
January 13, 2021
Țuca Zbârcea & Asociații advises ENGIE Romania on purchasing a photovoltaic park with an installed capacity of 9.3 MW
ENGIE Romania has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed capacity of 9.3 MW. The Romanian arm of French electric utility company Engie retained Țuca Zbârcea & Asociații for legal assistance in relation to this transaction with a team of lawyers led by Partner Irina Moinescu. [+]

ENGIE Romania has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed capacity of 9.3 MW. Prior to the completion of the deal, the park was part of Ever Solar SA, a subsidiary owned by the German photovoltaic park developer, Soventix, and developer Alpin Solar.

The photovoltaic farms are located in the village of Cristuru Secuiesc in Harghita County. They were put into operation in 2015 and have so far produced about 55 GWh, the equivalent of annual electricity consumption of about 34,000 households.

ENGIE Romania retained Țuca Zbârcea & Asociații for legal assistance in relation to this transaction. The team was led by Partner Irina Moinescu (Energy) and consisted of lawyers with various backgrounds, including Raluca Mișu, Managing Associate (Real Estate), Andreea Oprișan, Managing Associate (Competition/Antitrust), Irina Răileanu, Managing Associate (Dispute Resolution), Iuliana Leon, Managing Associate (EPC), Roxana Pană, Managing Associate (Environmental Law), Marius Bârlădeanu, Managing Associate (Corporate/Commercial and Energy).

The acquisition is in line with ENGIE Romania's strategy focused on the development of renewable energies that have a key role in the energy transition.

Further information on this deal is available here: https://www.engie.ro/engie-romania-a-achizitionat-un-parc-fotovoltaic-cu-o-capacitate-de-93-mw/

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Tuca Zbarcea & Asociatii obtains a final ruling from the High Court of Cassation and Justice in a dispute concerning a fiscal debt of approximately EUR 1.9 million Tuca Zbarcea & Asociatii obtained from the High Court of Cassation and Justice a final ruling on the admission of the administrative claim filed by a company member of a well-known IT group, seeking the invalidation of the administrative fiscal deed assessing a debt of approximately EUR 1.9 million. The fiscal dispute was born as a result of assessing, in 2016, a fiscal debt representing the difference between the down payment of which the company benefited for the supply of an electronic archiving system, on the one hand, and the price component deemed to be eligible, on the other hand. The company challenged the administrative fiscal deed given that the requirements for declaring an expense as non-eligible (having as consequence the application of corrective measures) were not met. Tuca Zbarcea & Asociatii obtained from the High Court of Cassation and Justice a final ruling on the admission of the administrative claim filed by a company member of a well-known IT group, seeking the invalidation of the administrative fiscal deed assessing a debt of approximately EUR 1.9 million. The fiscal dispute was born as a result of assessing, in 2016, a fiscal debt representing the difference between the down payment of which the company benefited for the supply of an electronic archiving system, on the one hand, and the price component deemed to be eligible, on the other hand. The company challenged the administrative fiscal deed given that the requirements for declaring an expense as non-eligible (having as consequence the application of corrective measures) were not met. The Bucharest Court of Appeal, as court of first instance, ruled in favour of the plaintiff. The final appeal of the Ministry of Regional Development, Public Administration and European Funds was rejected on 2 December by the High Court of Cassation and Justice. The case involved many concepts of reference for determining the eligibility of an amount representing contribution from non-repayable EU funds and co-financing from the State budget. The court of first instance made a detailed analysis on the arguments put forward by the plaintiff, concerning issues such as the concept of irregularity in this specific field, as well as the condition on the existence of damage, both of them applied to a multifaceted state of facts. The legal arguments of the case relied both on national and on EU law, the latter being presented from the perspective of The Court of Justice of the European Union (CJEU)'s interpretations. The conclusions of this analysis have been upheld by the High Court of Cassation and Justice. In this dispute, the plaintiff was represented by a legal team coordinated by Ioana Gelepu, Partner in the Litigation and Arbitration team of Tuca Zbarcea & Asociatii. Oana Gavril, Managing Associate, was also a member of the team. Tuca Zbarcea & Asociatii has a leading practice in Dispute Resolution, the firm's pre-eminence in this area being already acknowledged by renowned international publications, such as Chambers & Partners, Legal 500 and the Global Arbitration Review. More so, the firm has recently received the "Law Firm of the Year in Romania for Dispute Resolution" Award by Benchmark Litigation Europe (a publication of Euromoney Legal Media Group), one the most coveted and prestigious international accolades for law firms specialising in litigation and arbitration.
December 8, 2020
Țuca Zbârcea & Asociații obtains a final ruling from the High Court of Cassation and Justice in a dispute concerning a fiscal debt of approximately EUR 1.9 million

Țuca Zbârcea & Asociații obtained from the High Court of Cassation and Justice a final ruling on the admission of the administrative claim filed by a company member of a well-known IT group, seeking the invalidation of the administrative fiscal deed assessing a debt of approximately EUR 1.9 million.

The fiscal dispute was born as a result of assessing, in 2016, a fiscal debt representing the difference between the down payment of which the company benefited for the supply of an electronic archiving system, on the one hand, and the price component deemed to be eligible, on the other hand. The company challenged the administrative fiscal deed given that the requirements for declaring an expense as non-eligible (having as consequence the application of corrective measures) were not met. [+]

Țuca Zbârcea & Asociații obtained from the High Court of Cassation and Justice a final ruling on the admission of the administrative claim filed by a company member of a well-known IT group, seeking the invalidation of the administrative fiscal deed assessing a debt of approximately EUR 1.9 million.

The fiscal dispute was born as a result of assessing, in 2016, a fiscal debt representing the difference between the down payment of which the company benefited for the supply of an electronic archiving system, on the one hand, and the price component deemed to be eligible, on the other hand. The company challenged the administrative fiscal deed given that the requirements for declaring an expense as non-eligible (having as consequence the application of corrective measures) were not met.

The Bucharest Court of Appeal, as court of first instance, ruled in favour of the plaintiff. The final appeal of the Ministry of Regional Development, Public Administration and European Funds was rejected on 2 December by the High Court of Cassation and Justice.

The case involved many concepts of reference for determining the eligibility of an amount representing contribution from non-repayable EU funds and co-financing from the State budget. The court of first instance made a detailed analysis on the arguments put forward by the plaintiff, concerning issues such as the concept of irregularity in this specific field, as well as the condition on the existence of damage, both of them applied to a multifaceted state of facts. The legal arguments of the case relied both on national and on EU law, the latter being presented from the perspective of The Court of Justice of the European Union (CJEU)'s interpretations. The conclusions of this analysis have been upheld by the High Court of Cassation and Justice.

In this dispute, the plaintiff was represented by a legal team coordinated by Ioana Gelepu, Partner in the Litigation and Arbitration team of Țuca Zbârcea & Asociații. Oana Gavril, Managing Associate, was also a member of the team.

Țuca Zbârcea & Asociații has a leading practice in Dispute Resolution, the firm's pre-eminence in this area being already acknowledged by renowned international publications, such as Chambers & Partners, Legal 500 and the Global Arbitration Review.

More so, the firm has recently received the "Law Firm of the Year in Romania for Dispute Resolution" Award by Benchmark Litigation Europe (a publication of Euromoney Legal Media Group), one the most coveted and prestigious international accolades for law firms specialising in litigation and arbitration.

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Tuca Zbarcea & Asociatii, named a "Highly Commended" firm at The Lawyer European Awards Last night, top European independent law firms, global law firms and in-house legal teams received praise for their achievements in the legal sector which impressed the judging panel of The Lawyer European Awards 2020 edition. Now in its eleventh year, the awards celebrate excellence in the legal sector, with the winners of the 27 categories across a wide range of jurisdictions and practice areas being revealed in a virtual ceremony. Tuca Zbarcea & Asociatii was named a "Highly Commended" firm (runner-up) in the "Eastern Europe and The Balkans" category, after having made it to the shortlist alongside five other independent and international law firms. Last night, top European independent law firms, global law firms and in-house legal teams received praise for their achievements in the legal sector which impressed the judging panel of The Lawyer European Awards 2020 edition. Now in its eleventh year, the awards celebrate excellence in the legal sector, with the winners of the 27 categories across a wide range of jurisdictions and practice areas being revealed in a virtual ceremony. Tuca Zbarcea & Asociatii was named a "Highly Commended" firm (runner-up) in the "Eastern Europe and The Balkans" category, after having made it to the shortlist alongside five other independent and international law firms. According to The Lawyer, "the 2020 winners are a force to be reckoned with, having been highly commended by our elite judging panel for implementing bold initiatives ranging from internal innovation to daring international strategies". "This is a real accomplishment, and we are extremely honoured to have made it to the shortlist and also hugely proud of the "Highly Commended" distinction received in the Eastern Europe and the Balkans awards category! The very fact that the judging panel named us runner-up in such a hotly-contested competition is a remarkable recognition of our team's hard work and dedication over the past year", said Florentin Tuca, Managing Partner of Tuca Zbarcea & Asociatii. The Lawyer European Awards was the first initiative of its kind to reward and celebrate excellence across the European legal market. The awards scheme attracts entries from over 120 independent law firms headquartered in Europe and global firms across the Continent. Each year The Lawyer European Awards showcase the impressive achievements of Europe's finest within the legal industry. The competition was particularly fierce this year, with a record-breaking amount of submissions from in-house counsel and law firms making the shortlist. The full list of winners and finalists is available here: https://www.thelawyer.com/event/european-awards/2020-winners
December 2, 2020
Țuca Zbârcea & Asociații, named a "Highly Commended" firm at The Lawyer European Awards

Last night, top European independent law firms, global law firms and in-house legal teams received praise for their achievements in the legal sector which impressed the judging panel of The Lawyer European Awards 2020 edition. Now in its eleventh year, the awards celebrate excellence in the legal sector, with the winners of the 27 categories across a wide range of jurisdictions and practice areas being revealed in a virtual ceremony. 

Țuca Zbârcea & Asociații was named a "Highly Commended" firm (runner-up) in the "Eastern Europe and The Balkans" category, after having made it to the shortlist alongside five other independent and international law firms. [+]

Last night, top European independent law firms, global law firms and in-house legal teams received praise for their achievements in the legal sector which impressed the judging panel of The Lawyer European Awards 2020 edition. Now in its eleventh year, the awards celebrate excellence in the legal sector, with the winners of the 27 categories across a wide range of jurisdictions and practice areas being revealed in a virtual ceremony. 

Țuca Zbârcea & Asociații was named a "Highly Commended" firm (runner-up) in the "Eastern Europe and The Balkans" category, after having made it to the shortlist alongside five other independent and international law firms.

According to The Lawyer, "the 2020 winners are a force to be reckoned with, having been highly commended by our elite judging panel for implementing bold initiatives ranging from internal innovation to daring international strategies".

"This is a real accomplishment, and we are extremely honoured to have made it to the shortlist and also hugely proud of the "Highly Commended" distinction received in the Eastern Europe and the Balkans awards category! The very fact that the judging panel named us runner-up in such a hotly-contested competition is a remarkable recognition of our team's hard work and dedication over the past year", said Florentin Țuca, Managing Partner of Țuca Zbârcea & Asociații.

The Lawyer European Awards was the first initiative of its kind to reward and celebrate excellence across the European legal market. The awards scheme attracts entries from over 120 independent law firms headquartered in Europe and global firms across the Continent. Each year The Lawyer European Awards showcase the impressive achievements of Europe's finest within the legal industry. The competition was particularly fierce this year, with a record-breaking amount of submissions from in-house counsel and law firms making the shortlist.

The full list of winners and finalists is available here: https://www.thelawyer.com/event/european-awards/2020-winners 

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Tuca Zbarcea & Asociatii wins the "Law Firm of the Year" Award at the 2020 Financial Intelligence Awards Gala Last night, more than 20 prizes were awarded at the annual Financial Intelligence Hall of Fame Awards Gala to individuals and companies in recognition of their accomplishments in what has been a very unusual year. Given the current epidemiological context, the winners were revealed virtually. This year, the Law Firm of the Year Award went to Tuca Zbarcea & Asociatii for having successfully adapted its business strategy to respond to the challenges raised by the pandemic. Last night, more than 20 prizes were awarded at the annual Financial Intelligence Hall of Fame Awards Gala to individuals and companies in recognition of their accomplishments in what has been a very unusual year. Given the current epidemiological context, the winners were revealed virtually. This year, the Law Firm of the Year Award went to Tuca Zbarcea & Asociatii for having successfully adapted its business strategy to respond to the challenges raised by the pandemic. "As 2020 draws to a close, we recognise it has been an incredibly challenging year for us all. A year which forced us to adapt, to be more flexible and agile, to be supportive and, perhaps, behave more responsibly than ever before. Thank you, Financial Intelligence, for this award! This goes to the entire Tuca Zbarcea & Asociatii team! And at the next Financial Intelligence Gala, hopefully we will stand next to each other, look each other in the eye and shake hands", said Gabriel Zbarcea, Managing Partner. The Financial Intelligence award rounds up a successful year for Tuca Zbarcea & Asociatii, as the firm is also a recipient of a Chambers Europe award "Law Firm of the Year: Romania" (Chambers Europe Awards 2020), of a Business Review award "Law Firm of the Year" (BR Awards Gala 2020), as well as of other practice area awards, such as "The Dispute Resolution Law Firm of the Year: Romania" (Benchmark Litigation Europe Awards, Euromoney Legal Media Group). For more information about the Financial Intelligence Hall of Fame Awards Gala, please go to: https://financialintelligence.ro/financial-intelligence-hall-of-fame-awards-gala-2020/
November 26, 2020
Țuca Zbârcea & Asociații wins the "Law Firm of the Year" Award at the 2020 Financial Intelligence Awards Gala

Last night, more than 20 prizes were awarded at the annual Financial Intelligence Hall of Fame Awards Gala to individuals and companies in recognition of their accomplishments in what has been a very unusual year. Given the current epidemiological context, the winners were revealed virtually. This year, the Law Firm of the Year Award went to Țuca Zbârcea & Asociații for having successfully adapted its business strategy to respond to the challenges raised by the pandemic. [+]

Last night, more than 20 prizes were awarded at the annual Financial Intelligence Hall of Fame Awards Gala to individuals and companies in recognition of their accomplishments in what has been a very unusual year. Given the current epidemiological context, the winners were revealed virtually. 

This year, the Law Firm of the Year Award went to Țuca Zbârcea & Asociații for having successfully adapted its business strategy to respond to the challenges raised by the pandemic.

"As 2020 draws to a close, we recognise it has been an incredibly challenging year for us all. A year which forced us to adapt, to be more flexible and agile, to be supportive and, perhaps, behave more responsibly than ever before. Thank you, Financial Intelligence, for this award! This goes to the entire Țuca Zbârcea & Asociații team! And at the next Financial Intelligence Gala, hopefully we will stand next to each other, look each other in the eye and shake hands", said Gabriel Zbârcea, Managing Partner.

The Financial Intelligence award rounds up a successful year for Țuca Zbârcea & Asociații, as the firm is also a recipient of a Chambers Europe award "Law Firm of the Year: Romania" (Chambers Europe Awards 2020), of a Business Review award "Law Firm of the Year" (BR Awards Gala 2020), as well as of other practice area awards, such as "The Dispute Resolution Law Firm of the Year: Romania" (Benchmark Litigation Europe Awards, Euromoney Legal Media Group).

For more information about the Financial Intelligence Hall of Fame Awards Gala, please go to: https://financialintelligence.ro/financial-intelligence-hall-of-fame-awards-gala-2020/

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Tax+Legal Videoconference: Sailing Tailwind, Through the New Normal Tuca Zbarcea & Asociatii and Tuca Zbarcea & Asociatii Tax are pleased to present the second edition of their flagship event TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL. This will be a virtual event hosted on the Wolters Kluwer - Sintact.ro platform, taking place on 18 November, from 9:30 a.m. to 1:00 p.m. (EET). Tuca Zbarcea & Asociatii and Tuca Zbarcea & Asociatii Tax are pleased to present the second edition of their flagship event TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL. This will be a virtual event hosted on the Wolters Kluwer - Sintact.ro platform, taking place on 18 November, from 9:30 a.m. to 1:00 p.m. (EET). In these challenging times, businesses are searching for opportunities, and in particular for solutions to keep operations running or at least to stay afloat. Clearly, 2021 will be a complex year, a genuine turning point for many industries or companies. On the one hand, due to the huge pressure of an excessive budget deficit, we may expect a repositioning of public and tax policies, and intensified and targeted controls and inspections by the fiscal authority, as well as the competition and the employment, labour safety & security authorities. On the other hand, the domestic business environment will face higher internal pressures, generated in many cases by the current uncertainty in relation to consumption and investments, and the potential cost accumulation against the backdrop of the relief measures accessed in 2020 (such as payment deferral for budgetary obligations, bank loans, rents and utilities, etc.). At present, the unanimous opinion is that there is still money in the market, the banking system is stable (in the spring of 2020, the average rate of non-performing loans was at its lowest since 2009), the stock exchange is operating and offers some opportunities, while grants from the Romanian Government and substantial EU funds are becoming available. With a growing need for capitalization so as to become bankable and an increasing pressure on the budgets, including investment budgets, local entrepreneurs should promptly find solutions to secure the continuity of their business plan in the years to come. In general, the business community will have to take quick decisions on finance and cashflow, cost control and business model efficiency. In this context, it becomes necessary for businesses to accurately identify and assess their legal or tax exposure areas, and to avail themselves of the financing opportunities and fiscal facilities which become available. TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL, 2nd edition is part of a set of multi-disciplinary debates on some of the hottest topics with an impact on the business environment. The conference topics will be covered by speakers with extensive expertise in their areas of practice, both from Tuca Zbarcea & Asociatii and from Tuca Zbarcea & Asociatii Tax, as well as by prominent guests from the Romanian and international business community, including representatives of Andersen. As of March 2019, Tuca Zbarcea & Asociatii and Tuca Zbarcea & Asociatii Tax cooperate with Andersen in Romania. Event speakers: Gabriel Zbarcea, Managing Partner at Tuca Zbarcea & Asociatii Violeta Luca, CEO Microsoft Iulian Stanciu, CEO eMAG Maricla Pennesi, European Tax Coordinator, Andersen Karoly Radnai, Managing Partner, Andersen Hungary Alexandru Cristea, Tax Partner at Tuca Zbarcea & Asociatii Tax Serban Paslaru, Partner at Tuca Zbarcea & Asociatii Ciprian Timofte, Partner at Tuca Zbarcea & Asociatii Cristian Velcu, Director at Tuca Zbarcea & Asociatii Tax Event moderator: Dan Cristea, Partner at Tuca Zbarcea & Asociatii The event is designed exclusively for the business community, i.e. entrepreneurs, CEOs and other C-level executives, Chief Finance and Accounting Officers, as well as Chief Legal and HR Officers. Participation in the videoconference is free of charge, subject to prior registration and confirmation from the organisers. The conference is organised with the support of Wolters Kluwer Romania, as well as the Belgian-Luxembourg-Romanian-Moldovan Chamber of Commerce (BEROCC), the British-Romanian Chamber of Commerce (BRCC), Hotnews, Juridice.ro, LegalMarketing, Newsweek, Universul Juridic. For further details about the agenda and the registration procedure, please go to: https://info.wolterskluwer.ro/tza-tax-legal-ed-2/
November 10, 2020
Tax+Legal Videoconference: Sailing Tailwind, Through the New Normal

Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are pleased to present the second edition of their flagship event TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL. This will be a virtual event hosted on the Wolters Kluwer - Sintact.ro platform, taking place on 18 November, from 9:30 a.m. to 1:00 p.m. (EET).

[+]

Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax are pleased to present the second edition of their flagship event TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL. This will be a virtual event hosted on the Wolters Kluwer - Sintact.ro platform, taking place on 18 November, from 9:30 a.m. to 1:00 p.m. (EET).

In these challenging times, businesses are searching for opportunities, and in particular for solutions to keep operations running or at least to stay afloat. Clearly, 2021 will be a complex year, a genuine turning point for many industries or companies. On the one hand, due to the huge pressure of an excessive budget deficit, we may expect a repositioning of public and tax policies, and intensified and targeted controls and inspections by the fiscal authority, as well as the competition and the employment, labour safety & security authorities. On the other hand, the domestic business environment will face higher internal pressures, generated in many cases by the current uncertainty in relation to consumption and investments, and the potential cost accumulation against the backdrop of the relief measures accessed in 2020 (such as payment deferral for budgetary obligations, bank loans, rents and utilities, etc.).

At present, the unanimous opinion is that there is still money in the market, the banking system is stable (in the spring of 2020, the average rate of non-performing loans was at its lowest since 2009), the stock exchange is operating and offers some opportunities, while grants from the Romanian Government and substantial EU funds are becoming available.

With a growing need for capitalization so as to become bankable and an increasing pressure on the budgets, including investment budgets, local entrepreneurs should promptly find solutions to secure the continuity of their business plan in the years to come. In general, the business community will have to take quick decisions on finance and cashflow, cost control and business model efficiency.

In this context, it becomes necessary for businesses to accurately identify and assess their legal or tax exposure areas, and to avail themselves of the financing opportunities and fiscal facilities which become available.

TAX + LEGAL VIDEOCONFERENCE: SAILING TAILWIND THROUGH THE NEW NORMAL, 2nd edition is part of a set of multi-disciplinary debates on some of the hottest topics with an impact on the business environment.

The conference topics will be covered by speakers with extensive expertise in their areas of practice, both from Țuca Zbârcea & Asociații and from Țuca Zbârcea & Asociații Tax, as well as by prominent guests from the Romanian and international business community, including representatives of Andersen. As of March 2019, Țuca Zbârcea & Asociații and Țuca Zbârcea & Asociații Tax cooperate with Andersen in Romania. 

Event speakers:

  • Gabriel Zbârcea, Managing Partner at Țuca Zbârcea & Asociații
  • Violeta Luca, CEO Microsoft
  • Iulian Stanciu, CEO eMAG
  • Maricla Pennesi, European Tax Coordinator, Andersen
  • Karoly Radnai, Managing Partner, Andersen Hungary
  • Alexandru Cristea, Tax Partner at Țuca Zbârcea & Asociații Tax
  • Șerban Pâslaru, Partner at Țuca Zbârcea & Asociații
  • Ciprian Timofte, Partner at Țuca Zbârcea & Asociații
  • Cristian Velcu, Director at Țuca Zbârcea & Asociații Tax

Event moderator:

  • Dan Cristea, Partner at Țuca Zbârcea & Asociații

The event is designed exclusively for the business community, i.e. entrepreneurs, CEOs and other C-level executives, Chief Finance and Accounting Officers, as well as Chief Legal and HR Officers. Participation in the videoconference is free of charge, subject to prior registration and confirmation from the organisers.

The conference is organised with the support of Wolters Kluwer Romania, as well as the Belgian-Luxembourg-Romanian-Moldovan Chamber of Commerce (BEROCC), the British-Romanian Chamber of Commerce (BRCC), Hotnews, Juridice.ro, LegalMarketing, Newsweek, Universul Juridic.

For further details about the agenda and the registration procedure, please go to: https://info.wolterskluwer.ro/tza-tax-legal-ed-2/

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