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A preventive concordat
Articles, Civil Law, Insolvency, Restructuring and Bankruptcy

What are the most important challenges of the preventive concordat?

What are the main stages of the preventive concordat procedure? A preventive concordat (judicial pre-insolvency arrangement) is an effective legal solution, providing a regulated framework for debt restructuring and the avoidance of insolvency proceedings in Romania. However, this restructuring proceeding in Romania is not without significant challenges. The preventive concordat in Romania is governed by […]

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By : Jun 12, 2025 Comments Off on What are the most important challenges of the preventive concordat?
The preventive concordat
Articles, Civil Law, Insolvency, Restructuring and Bankruptcy

Arrangement with creditors in Romania

Useful restructuring mechanism for entrepreneurs and their creditors The  preventive concordat (preventive composition) in Romania is the judicial procedure for preventing insolvency regulated by Law no. 85/2014 on preventing insolvency and insolvency proceedings, whose opening suspends enforcement proceedings under the law, while the debtor can restructure its business in Romania and pay all or part […]

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By : May 22, 2025 Comments Off on Arrangement with creditors in Romania
Articles, Insolvency, Restructuring and Bankruptcy

Insolvency Lawyer. Restructuring Agreement in Romania

The Restructuring Agreement in Insolvency Procedure in Romania According to the new regulations, the restructuring agreement in Romania represents one of the latest insolvency prevention procedures in Romania introduced by the Insolvency Law 85/2014 in Romania, which allows for the restructuring of the activities of companies experiencing financial difficulties. The aim of concluding a restructuring […]

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By : Mar 6, 2024 Comments Off on Insolvency Lawyer. Restructuring Agreement in Romania
Insolvency in Romania
Articles, Insolvency, Restructuring and Bankruptcy

Insolvency prevention in Romania

Ways to prevent insolvency in Romania Insolvency in Romania is that state of a company in Romania when it is financially unable to pay its certain, liquid and exigible debts to creditors, regardless of whether they originate from commercial, labor or any other relations. By adopting the Romanian Law no. 85/2014 on insolvency prevention and […]

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By : Jan 26, 2024 Comments Off on Insolvency prevention in Romania
Articles, Corporate Commercial and M&A

What is the procedure for restructuring a company in Romania? What means the reorganization of a company in Romania? Differences between restructuring and reorganization, the procedure that you can follow, guidance / recommendations from a lawyer

Romanian Law Firm Pavel, Margarit and Associates would like to provide you information on restructuring and reorganization of a company in Romania, what is the procedure that  you can follow in such cases, what are the differences between the two procedures and what recommendations a lawyer specialized in insolvency,  restructuring and bankruptcy in Romania and […]

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By : Apr 7, 2023 Comments Off on What is the procedure for restructuring a company in Romania? What means the reorganization of a company in Romania? Differences between restructuring and reorganization, the procedure that you can follow, guidance / recommendations from a lawyer
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