Category: Corporate Commercial and M&A

What is the procedure of cancelling a promissory note and appealing against enforcement in Romania?

Being a common financial payment instrument in the relations between professionals, promissory notes in Romania play an important role in discharging from the contractual obligation arising from the contract concluded between the two parties, with the purpose of guaranteeing the payment obligations in Romania. The biggest advantage of the promissory note in Romania is the […]

The Romanian Law Firm Pavel Margarit and Associates successfully assisted the only importer and distributor of the most popular brand of Premium paints in Romania against a Romanian company which object of activity is real estate construction and sale of wood products in Romani

The Romanian Law firm Pavel Margarit and Associates successfully assisted the only importer and distributor of the most popular brand of premium paints in Romania against a Romanian company, which object of activity is real estate construction and sale of wood products Romania, in order to recover some amounts of money contained in the tax […]

How to import tobacco products from a country outside EU to Romania?

Any company or entrepreneur who wants to import tobacco products from a country outside EU to Romania, raw tobacco or processed tobacco originating from its own import operations in Romania, from own intra-community acquisitions or from intern production, they must be authorized as an importer and have the quality of authorized importer of tobacco products […]

How do Romanian Litigation Courts interpret the non-fulfillment of the contractual obligations in unexpected situations? Force majeure -Covid pandemic, Ukraine war, Suez Canal, price increase-

In the last few years in Romania, there have been various external events such as the Covid-19 pandemic, the war in Ukraine or the Suez Canal crisis, which have determined various economic imbalances which have led to the non-fulfillment of the contractual obligations due to the hardship, force majeure or unforeseeable circumstances, in Romania. In […]

What is the legal status of the sole proprietors/self-employed freelancers in Romania?

Although the choice of the type of sole proprietor/ self-employed freelancer existing in Romania seems to be at the free choice of entrepreneurs, in reality it is influenced by the activity which is performed, more precisely, it is about the romanian NACE codes specified in the Romanian Order no. 925/2017. Pavel Margarit and Associates Romanian […]

assisting a Romanian company that operates in the domain of trading art materials with drafting a complex legal analysis in regards to shareholders litigation

The Romanian Law Firm Pavel, Margarit & Associates has provided legal assistance and consultancy to a Romanian company for the sale of 200 cars by reviewing the agreement for the supply of goods in Romania providing information and also providing information regarding Romanian customs procedures, the goods being imported from a country outsite EU.

The Romanian Law Firm Pavel, Margarit & Asociaţii has provided legal assistance and consultancy in civil and commercial law to a Romanian company regarding the reviewing of the agreement for the supply of goods in Romania, having as object 200 cars, in accordance with the Romanian legislation, as well as providing information regarding the customs […]

How to start the agreement with creditors procedure in Romania?

The preventive agreement concluded with creditors in Romania consists of a contract between the debtor and the creditors by which the creditors’ requirements are met, with personal and patrimonial implications, being carried out instead of the bankruptcy proceedings. The preventive agreement with creditors in Romania consists of financial recovery measures. The Romanian Law Firm Pavel, […]

terminate a contract/agreement if our client enters in the insolvency procedure

What extraordinary transactions mergers, divisions and acquisitions are possible in Romania according to European legislation?

One of the four freedoms which came along with the creation of the European Union is the freedom of establishment. This freedom includes the right of a legal person duly established to have a new business set up and the freedom of migration of legal person after incorporation from Member State A to Member State […]

Romanian Real Estate Lawyer

Pavel, Mărgărit and Associates Romanian Law Firm has successfully assisted an important company in the field of constructions – urban furniture within the public tender procedure in Romania regarding the public tender of an urban development contract

The Romanian Law Firm Pavel, Mărgărit and Associates, specialized in litigations regarding public tenders in Romania, successfully assisted a Romanian company in the field of construction – street furniture in the public tender procedure in Romania. The tender submitted by the company was excluded from the tender procedure in Romania on the grounds that it […]

Recovery of the constructor’s debts

How to incorporate a limited liability company in Romania in accordance with European legislation?

As our world is more and more interconnected, people wish to have a vast amount of flexibility when establishing a company in Romania in order for both their business and national economy to flourish. Therefore, the European Union paved the way towards stability by harmonizing the steps that need to be taken in order to […]