Media Coverage

31 March 2020

Two key-messages, as directions for action to mitigate the impact of COVID-19 on the insurance sector: business continuity and solvency

The European Insurance and Occupational Pensions Authority (EIOPA) warned, not long ago, that insurers would soon confront with a serious of progressively difficult conditions, both as regards the difficult market context, and the maintaining of operations, while taking measures to protect employees and clients.

02 March 2020

The Insolvency Law Gives Rise to Numerous Interpretations and Many Tend to Undermine Its Efficiency

Alexandru Iorgulescu was a speaker at this year’s conference The Insolvency Code organized by Bursa. Among other relevant aspects related to the development of the insolvency market in Romania, Alexandru focused on the impact of the recent interpretations of the insolvency law by the High Court of Cassation and Justice and the Constitutional Court.

25 February 2020

Legal Mechanisms for Talent Retention

Talent retention is one of the major challenges of Romanian employers. In addition to specific HR methods, there are legal and contractual mechanisms to secure talent retention. Any talent investment program starts with a strategy to protect the “investment”, respectively with a restriction to the resignation clause and a related penalty in case the restriction is not observed.