Legal to Business - December 5 Volunteer Activity Day
11 October 2023
Establishing contractual terms and conditions can lead to major imbalances in contract drafting. We have often witnessed failed negotiations due to the imposition of unacceptable or extremely damaging terms and conditions for one of the parties.
The conclusion, development and termination of contracts, as well as overcoming all incidents that may arise during their development, involve an active and objective understanding of the goals that the signatories have when they agree to sign. Deficient or one-sided understanding of a transaction has the ability to expose signatories to greater risks than they would have been willing to assume had they not signed a contract.
Preliminary confidentiality agreements, negotiation and full determination of each party's goals and means of exiting a transaction or ways of terminating a contract are mutually agreed through the diligence of our team.
Over time, we have managed to contribute to the conclusion of profitable contracts, providing consultancy to important companies active in the financial, commercial, real estate, capital market, health, agricultural, pharmaceutical, service provision, etc., regardless of whether it was it is about sale, assignment of rights, general conditions, loan, guarantee, transport, supply, distribution, sponsorship, patronage, provision of services, etc.
In the activity of drafting contracts, Legal to Business professionals take into account the fiscal provisions, those specific to the field of activity, the formal and substantive conditions that the understanding of the parties must meet, as well as the possible opposition formalities provided for in the relevant normative acts.
Bringing contracts into line with the new regulations or transposing some clauses in accordance with Romanian legislation, or assessing the risks that may arise from a contract, are, along with the actual drafting, among the services that we have been successfully providing for several years to companies that operates on the Romanian market.
