East Legal Team

Different legal environments. One approach. One practice.

East Legal Team – European Economic Interest Grouping (ELT) is an alliance of independent law firms from the Central and Eastern European region with the main purpose of providing their clients a wealth of advantages arising from our interdisciplinary professional cooperation, as well as from their ability to provide unified services at regional level.

East Legal Team EEIG was established in March 2008 by founding members Balazs & Hollo Law Firm and Stratula Mocanu & Asociatii and is subject to the provisions of Council Regulation (EEC) No 2137/85 of 25 July 1985 on the European Economic Interest Grouping. Over the years, new law firms have become part of our alliance, and since 2014 ELT has its seat in Bucharest, Romania. It covers the area of the following Central and Eastern European countries:

  • Albania
  • Austria (observer)
  • Belarus
  • Bosnia-Herzegovina
  • Bulgaria (founding member)
  • Croatia
  • Cyprus (founding member)
  • Czech Republic
  • Greece
  • Hungary (founding member)
  • Macedonia
  • Moldova
  • Montenegro
  • Poland (founding member)
  • Romania (founding member)
  • Russian Federation
  • Serbia
  • Slovakia
  • Slovenia (founding member)
  • Turkey
  • Ukraine

In addition to the directly covered countries by its Statutes, ELT also welcomes any law firms who want to join us as associate members or observers and who share our values and principles and want to be professionally active in the ELT’s region, be it from Europe, the USA, or from any other corner of the world. Our current observers come from Austria and Italy.

All current ELT members are business law firms with a remarkable reputation in their countries of origin, sharing not only sound ethical values and principles but also a rich, business oriented legal practice as their main business card.

ELT aims to provide at an international level the same top quality and integrated legal services each of the members offers in its home jurisdiction, both to international clients who seek to enter the region, as well to those who want to expand their already existent business to more than one country in this area.

On a business market under continuous expansion and intensification, mainly due to the accession to the European Union of the countries in the region, ELT aims to reconcile the paradox most investors face when, although they act on highly similar business markets, they are at the same time subject to considerably differentiated legal systems.

Thanks to the cohesion and unified practice among the ELT members, our clients are kept safe from the many encumbrances usually faced when entering a new market, thus being able to better and more profitably pursue their business pursuits.


News

  • Consumer Protection in Austria January 2015
    There is no uniform legal framework as regards consumer protection law in Austria. The most important source of Austrian consumer protection law is the Austrian Federal Act on Consumer Protection (Konsumentenschutzgesetz). The latter act contains non-sector-specific provisions protecting consumers’ interests, whereas sector-specific provisions of consumer protection law may be found in laws regulating certain business activities, e.g. the Austrian Federal Act on Payment Services (Zahlungsdienstegesetz) contains information obligations for traders, which are binding for them when dealing with consumers.
  • Consumer Protection in Cyprus January 2015
    The Republic of Cyprus has entered the European Union in 2004. As a full member state of the Union the Cypriot Parliament has adopted and consequently enforced several Laws into the Cypriot Legal System for the creation of a stronger and safer jurisdiction regarding the protection of consumers’ rights. The combination of the common law background with the EU legislation set Cyprus as a strong hub for the establishment and operation of international commercial practices. Cyprus is now part of the common European platform of consumer protection.
  • Consumer Protection in Hungary January 2015
    In the last decades the legislation of the European Union – and thus the legislation of Hungary – has paid extraordinary attention to building a jurisdiction which protects consumer rights. Within the legislation of the European Union there are mainly directives, which aim to describe certain goals, however, the exact method of achieving those are left open to the member states. Hungary has already implemented the majority of the European Union directives into its jurisdiction.
  • Consumer Protection in Romania January 2015
    In terms of European Union law, the newest and most comprehensive directive on consumer rights is Directive 2011/83 / EC, generically called “The Directive on Consumer Rights”, that has entered into force on June 13th, 2014. This Directive aims to achieve a high level of consumer protection, by standardizing certain aspects contained in consumer contracts, mainly regarding the obligation imposed on pre-contractual information, the form of contracts, the comsumer’s right of withdrawal. The Directive on Consumer Rights has been implemented into Romanian legislation by Government Emergency Ordinance no. 34/2014 on the consumer protection rights in their relations with enterprises („GEO 34/2014”).
  • Consumer Protection in Poland January 2015
    Polish consumer protection law is strongly influenced by the legislation of European Union and thus it is based on common European principles which intend to protect consumers from unfair or deceptive practices. This short report shall provide an entrepreneur with the basic information on essential legal acts concerning business-to-consumer relations in Poland taking into account the amendments resulting from the Directive 83/2011 on the Consumer Rights which will enter into force on 25 December 2014.
  • Consumer Protection in Bulgaria January 2015
    Since its acceptance in the European Union at the beginning of 2007 the Bulgarian state is trying to adopt and implement the good practices of consumer protection. The main consumer protection legislation is represented by the Law on Consumer Protection, promulgated State Gazette No. 99/ 9.12.2005, effective 10.06.2006, SG No. 61/5.03.2010, effective 25.07.2014. With the last amendments, the law incorporates and implements the main European Union directives.