Romanian court of second instance denies arbitral jurisdiction
In a recent case, the Timiș County Tribunal decided that, where material issues of tacit waiver and inoperability of an arbitration clause occur, the mere insertion of such arbitration clause in the relevant agreement does not exclude the jurisdiction of state courts for interim injunction requests.
Tax risk assessment for VAT registrations
On 3rd October 2017 the government published new criteria for evaluating tax risk factors in VAT registrations.