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How do you appeal fiscal’s authority decision, after inspection

Very often, tax inspectors decide larger amounts of fiscal debt after a fiscal inspection. However, any fiscal decision issued by Romanian National Agency for Fiscal Administration may be challenged. Sometimes, inspectors make decisions that do not fully comply with the legal provisions. A Romanian lawyer specialized in commercial litigation and administrative law can help you […]

How can a Romanian insolvent company best value its asset

Romanian companies that have opened insolvency proceedings need liquidity to continue their business. One of the methods to obtain the necessary amounts is to capitalize the assets through sale by direct negotiation method, regulated by Romanian insolvency law nr. 85/2014. A Romanian lawyer specialized in restructuring and insolvency can help a company maximize the income […]

How to exclude an undesirable shareholder from your company

If a shareholder fails to fulfill its obligations or does something contrary to the interests of the Romanian company, the existence and the activity of the company itself is threatened. According to Romanian Company Law no. 31/1990, the undesirable shareholders may be excluded from the company. In order to fulfill this, a court decision is […]

How can you recover a car, an industrial machine or equipment from someone who refuses to render the asset

There are many situations when contracts between companies are not respected by one party, which leads to court action. This happens when companies that alienated an industrial machine or equipment cannot recover it because of the current user’s refusal. To regain the thing they posses, even when they do not have an enforceable title, the […]

Radu Pavel, Romanian insolvency lawyer: Key elements to help you reorganize your business and re-enter in the economic circuit the insolvent company

In Romania, only a few companies manage to reorganize and restructure the activity after they have entered into the insolvency procedure. Although Romania’s economy is growing, in 2018 more than 8,000 companies have opened insolvency proceedings and many others have gone bankrupt. The companies either did not manage the financial resources well or they did […]

Six steps to get court agreement in order to recover your debt

In order to recover a debt, the creditor who has an enforceable title (such as authenticated loan agreement, promissory note, check) must prove the existence of that debt and obtain from a court the admission of forced execution. A lawyer specialized in the forced execution and receivables recovery procedure can easily perform the procedure so […]

Pavel, Mărgărit & Associates Romanian Law Firm advised a major company in a successful reorganization case

Having over 10 years of experience in restructuring and insolvency cases, Pavel, Mărgărit & Associates Romanian Law Firm managed one of the most successful reorganization file in this area of ​​practice on the Romanian legal market. The lawyers specialized in insolvency and reorganization from Pavel, Mărgărit & Associates Romanian Law Firm advised one of the […]

Pavel, Mărgărit & Associates Romanian Law Firm was ranked in the top of law firms in Romania by the prestigious guide Legal 500 (2019)

          Pavel, Mărgărit & Associates Romanian Law Firm is one of the leaders of the Romanian law market, according to the most prestigious law guide in the world, Legal 500 (London, UK). This is the third consecutive year in which Legal 500 recognizes these lawyers professionalism in the areas of Restructuring and insolvency and Real estate […]

ANAF charges more and more company managers for the losses that society generates. Over 6,000 people received notifications from ANAF in 2016 (exclusive statistics)

The Romanian National Agency for Tax Administration has issued thousands of notifications against the persons considered responsible for the insolvency/insolvability of certain companies. These persons are managers, administrators of those companies and other categories who have had various business relationships with the debtor. Some of these actions can be challenged in Court, with high chances […]

Pavel, Mărgărit & Associates Romanian Law Firm is one of the best law firms in Romania, according to the famous guide IFLR1000, 2019 edition

Pavel, Margarit & Associates Romanian Law Firm is one of the best law firms in Romania, according to International Financial Law Review 2019 (IFLR1000 Financial and Corporate Guide), one of the most prestigious law firms guide around the world that ranks law firms with a lot of expertise in Financial and Corporate area.   The […]