Category: News

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 […]

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 […]

Construction litigation: How can claims be recovered by tenants and real estate developers?

In the first quarter of the year, over 17,000 building activities were inspected by Romanian authorities. In 25 percents of the cases, the authorities found deficiencies and ordered punitive measures, according to statistics consulted by Pavel, Mărgărit & Associates Romanian Law Firm.   From 2016 to 2018, the number of construction activities inspected by the […]

ANRP granted to former owners of a nationalized property compensation titles worth almost EUR 1 billion in the last 5 years

From 2014 until mid-July 2018, the former owners of the nationalized houses received compensation titles amounting to almost EUR 1 billion from the National Authority for the Restitution of Properties, according to data provided by the Authority to Pavel, Margarit and Associates Romanian Law Firm.   Altogether, almost 86,000 payment titles were issued in that […]

Former owners may sue the Romanian state for the restitution of buildings. 26,400 files unsolved by Romanian Restitution Authority on Law 10/2001. Owners may go to Court

About 26,400 notifications for the restitution of buildings in Romania, based on Law 10/2001, submitted by former owners to the National Authority for Restitution of Properties in Romania five years ago, and unsolved yet, may go to Court starting with May 2018, announce Romanian lawyers specialized in litigation and property recovery and restitution from Pavel, […]

Pavel, Mărgărit & Associates Romanian Law Firm is recognized as a „Leading Firm” in Romania, in 2018, by Legal500, the most prestigious legal guide in the world

Pavel, Mărgărit & Associates Romanian Law Firm is one of the best law firms in Romania, according to the rankings realized by the most prestigious legal publication in the world, Legal 500, based in London. Recognized as ”Leading Firm” in Romania, in the Legal500 edition for 2018, Pavel, Mărgărit & Associates Romanian Law Firm ranked […]

Pavel, Mărgărit & Associates Romanian Law Firm assisted Vast Resources Plc. in the 9,5 mln. $ deal with Mercuria Energy Trading S.A., one of the world’s largest energy trading companies

Pavel, Mărgărit & Associates Romanian Law Firm assisted the British company Vast Resources Plc, listed on the London Stock Exchange, which has several mining exploitations in Romania, in the first phase of a prepayment agreement with Mercuria Energy Trading SA, one of the largest integrated energy and commodity trading companies in the world, for the […]