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LEGAL NEWS | SUMMER RECAP 2023

LEGAL NEWS | SUMMER RECAP Cross-border conversions, mergers and divisions EU rules (Directive (EU) 2019/2121 “Mobility Directive”) regarding cross-border conversions, mergers and divisions have been finally transposed in the Romanian corporate legislation by the the Law no. 222/2023, published in the Official Gazette of Romania on July 20, 2023 and entered in force of July...

Facebook record fine

Meta issued a record €1.2 billion fine for infringing GDPR As a result of EDPB’s binding dispute resolution of 13 April 2023, Meta Platforms Ireland Limited was issued a 1.2 billion euro fine for its Facebook service. This fine was applied by the Irish Data Protection Authority and is the highest GDPR fine applied so...