Timisoara, July 21, 2021 - Hațegan Attorneys announces an internal reconfiguration of the team from a pyramidal structure to a horizontal structure. This decision is part of the continuous efforts of the law firm to innovate and change the paradigms specific to the legal sector in Romania.
The new horizontal organizational structure adopted by the Hațegan Attorneys is composed of teams focused on functional areas specific to the experience of team members. Thus, the focus is especially on the spcialized area of the team members who, in recent years, have had a greater exposure to certain areas of activity and have a full involvement in that area of practice without excluding their involvement in other projects to further ensure their diversed professional development.
Corporate benefit in upstream security
We have often encountered instances when foreign parent companies require their Romanian subsidiaries to grant security for banking transactions and conclude corresponding security agreements over their assets according to the Romanian law, also known as upstream security.
Hategan Attorneys assisted the 212 venture capital firm from Turkey in their negotiations to acquire stake in the Romanian start-up, 123 Form Builder.
The 212 VC firm specializes in investment in the technology and IT sector. So far, it has invested in companies such as App Samurai and Insider. With the new transaction, the fund takes his place on the management board of 123 Form Builder, with the vision of stimulating an even faster growth of the company and consolidating its market position.
Digital and legal are two words that can hardly be found in the same sentence. Whenever they are together, they refer to the legal implications of the digital world. However, the reverse effects are hardly talked about or acknowledged. The digital impact in the legal sector is yet to take effect in a more serious, value-added, paradigm-shifting way.