office@avocatpavel.ro

Pavel Margarit & Associates

  1. Home
  2. Blog
Articles, News

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

Pavel, Margarit & 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 […]

Continue Reading
By : May 20, 2019 No Comment
Articles, Banking and Capital Markets

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 […]

Continue Reading
By : Dec 18, 2018 No Comment
Articles, Corporate Commercial and M&A, News

Pavel, Margarit & 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 […]

Continue Reading
By : Dec 13, 2018 No Comment
Articles, Dispute Resolution

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, Margarit & Associates Romanian Law Firm.   From 2016 to 2018, the number of construction activities inspected by the […]

Continue Reading
By : Dec 12, 2018 No Comment
Articles, Real Estate and Construction

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 […]

Continue Reading
By : Nov 29, 2018 No Comment
Articles, Insolvency, Restructuring and Bankruptcy

What is the required documentation for the opening of insolvency proceedings at debtors initiative

A company is insolvent if it fails to pay the debt to a creditor within 60 days of maturity. Law no. 85/2014, also called the insolvency law, imposes a value of the debt threshold for which insolvency can be claimed, namely 40,000 lei.   The insolvency procedure is based on an application submitted by the […]

Continue Reading
By : Nov 27, 2018 No Comment
Articles, Insolvency, Restructuring and Bankruptcy

Who can be held accountable for the company’s insolvency

Tens of thousands of Romanian companies are still in insolvency stage. Many companies opened the insolvency procedure due to the financial crisis and others due to management mistakes. Individuals or companies that must recover loans from an insolvent company must know that sometimes the managers or the administrators of the insolvent companies can be held […]

Continue Reading
By : Nov 20, 2018 No Comment
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.