Nestor Nestor Diculescu Kingston Petersen announced a series of promotions among Partners and Senior Associates. Thus, Georgeta Dinu (Harapcea) (Managing Associate and Head of the Competition Practice) and Roxana Ionescu (Managing Associate and Head of the Environment and Data Protection Practices) were promoted to the position of remunerated partners. Moreover, two senior associates were promoted to managing associates and four associates to the level of senior associates.
One of the largest American car manufacturers and Nestor Nestor Diculescu Kingston Petersen announced today the finalization of the last stage of the restructuring process under the privatization contract, resulting in the Romanian State currently holding 100% share capital of the company split from the American company.
With cloud computing gaining more and more momentum as compared with the more traditional alternatives for companies to deal with their software applications, data access and storage needs, inevitable questions arise in respect of how such data are actually managed and controlled in a cloud computing environment. One of the most often repeated questions tends to be to what extent providing the data to cloud computing service providers exposes the companies to additional risks of public authorities’ interception or may lead to breaches of individuals’ privacy rights, especially when the service providers use means located in countries such as the USA, that have in place enactments such as the 2001 USA PATRIOT Act allowing for this type of interception. But when taking a closer look, one cannot help but notice that this is a false issue, as similar interception powers are already set out in the Romanian legislation and, therefore, already apply to the companies’ data and communications that would be transferred to the cloud computing service providers.
Published by Thomson Reuters in “The European Lawyer Reference Series”, 2012
Published in “Doing Business in… 2011” by Practical Law Company (PLC) and Lex Mundi
Published in Doing Business in… 2010, published by Practical Law Company (PLC) and Lex Mundi
Published in Doing Business in… 2008, by Practical Law Company (PLC) and Lex Mundi
Published in PLC Cross-border Environment Handbook, 2008-2009