Romania

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Recent Articles

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    19/07/2024
    Europe

    A healthy balance between novelty and sufficiency for a claimed therapeutic use in view of a clinical trial disclosure in healthy volunteers (T 209/22)

    The question of novelty and sufficiency of second medical use claims in light of clinical trial prior art has been addressed by the EPO Boards of Appeal on a number of occasions. In recent decision T 209/22, the Appeal Board considers the impact of a disclosure relating to a clinical trial in healthy volunteers. The Appeal Board also comments on the different standards that apply for novelty and sufficiency of disclosure. The decision highlights that an attack based on novelty-sufficiency squeeze may not always be effective.BackgroundThe present decision relates to European patent 2506844 which...
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    15/07/2024
    International

    CMS European Private Equity Study 2024

    We are pleased to share with you the 2024 edition of the CMS European Private Equity Study, a comprehensive analysis of hundreds of private equity deals CMS advised on across Europe in 2023 and previous years.Here are a few of the key findings:Deal activity remained stable despite economic challenges.New investments accounted for 69% of PE deals analysed; 50% were add-on acquisitions.TMT led sector activity at 24%, followed by Life Sciences and Consumer Products at 15% each.Earn-out provisions declined but stayed above pre-pandemic levels.ESG due diligence was conducted in 47% of PE deals.Arbitration...
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    12/07/2024
    International

    Energy and climate change: The most significant (marine) climate change decision yet?

    Continuing the theme of a number of recent court judgment regarding state and party obligations concerning climate change issues, the International Tribunal for the Law of the Sea (“ITLOS”) has recently delivered its advisory opinion (the “Opinion”) regarding State obligations under the United Nations Convention on the Law of the Sea (“UNCLOS”) in relation to the prevention, reduction and control of pollution of the marine environment that result or are likely to result from climate change.The Opinion arrived only a few weeks following the ECtHR’s milestone...
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    12/07/2024
    International

    EU’s AI Act published in Official Journal, transition periods now known

    Following the adoption of the "Regulation laying down harmonised rules on Artificial Intelligence" (AI Act) by the European Parliament and the Council of the European Union, this act was published in the Official Journal of the European Union on 12 July 2024. This marks the end of a long road of tough negotiations that began in 2021 with the European Commission's proposal for a Union-wide regulation on artificial intelligence (AI).The AI Act will enter into force on 1 August 2024. As a European regulation, it will apply directly in all 27 member states, but the AI Act provides for a graduated system...
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    12/07/2024
    Romania

    Romania passes law expanding use of electronic signatures

    On 8 July 2024, Romania published and adopted Law no. 214/2024 on electronic signature and trust.The Law, which will enter into force on 8 October 2024, aims to create a clear and predictable legal framework for the use and effects of different types of electronic signatures (i.e. qualified, advanced, and simple), further harmonises local legislation and implements the EU Regulation on electronic identification and trust services for electronic transactions (eIDAS Regulation).As general background, Romania recognises three types of electronic signatures, each offering varying levels of security...
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  •  
    11/07/2024
    International

    Space exploration: what goes up, must come down

    BackgroundThe space economy is predicted to be worth a staggering $1.4 trillion by 2030.1 This exponential growth can be largely attributed to the new private “space race” dominated by the world’s billionaires. Elon Musk’s SpaceX, Richard Branson’s Virgin Galactic and Jeff Bezos’ Blue Origin are the forerunners, albeit their approaches and goals differ significantly. SpaceX is predominately focusing on advancing space technology, Virgin Galactic is concentrating on the introduction of “space tourism,” and Blue Origin aims to promote sustainable space...
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