The main focus of CBM is to promptly solve the current coordination issues between law firms when changing board members. Taking into consideration that coordinating board member changes in several jurisdictions with different rules, timing and documentation requirements (e.g. following a takeover of a company group) is often troublesome, bureaucratic and time-consuming, CBM provides an overview of the requirements for changing board members, including timelines and checklists, in currently 47 global jurisdictions.
To ensure the material is of top quality and always up to date, the content is delivered by top tier local law firms (for instance Allen & Overy in Germany, CHSH - Cerha Hempel Spiegelfeld Hlawati Partnerschaft von Rechtsanwälten – in Austria, Cobalt in Lithuania and Latvia, Estudio Echecopar - member firm of Baker & McKenzie International – in Peru and Plesner in Denmark).
The service is free to use and the Romanian chapter, provided by Maravela & Asociatii, can be accessed at http://www.changeboardmember.com/Country/romania/en
”We welcomed and gladly accepted the invitation of Change Board Member to provide, as exclusive contributor, the Romanian chapter. Myself and my equally contreibuting colleagues – Mihai Buciuman, Managing Associate and Magda Grigore, Associate, consider CBM a useful and easy to use tool, handy and very well structured.” Alina Popescu, Managing Partner of Maravela & Asociatii
The official webpage of CBM can be accessed at http://www.changeboardmember.com and further information about Maravela & Asociatii’s team, practice areas and services provided is available on the firm’s official webpage at http://www.maravela.ro.