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Tag: commercial attorney in Romania

partnership agreement

The partnership agreement in Romania

Partnership agreement for avoiding disputes between shareholders in Romania A partnership agreement in Romania is an essential tool in the operation of a company in Romania, as this document establishes the basic rules between shareholders, regulating each party’s rights and obligations and preventing conflicts that may arise among shareholders. Pavel Mărgărit and Associates Romanian Law […]

contracts in Romania

Contracts lawyer in Romania. The usufruct agreement

Legal aspects of the usufruct agreement in Romanian civil law The usufruct agreement in Romania grants a person (usufructuary in Romania) the right to use and benefit from the fruits of a property belonging to another person (bare owner in Romania), without having the right to dispose of it. It is a frequently used solution […]

Excluding associates from an LLC

Corporate litigation lawyer. Exclusion of a shareholder in Romania

How can a shareholder be excluded from a company in Romania? During commercial activities, different situations may arise where shareholders are excluded from a company, either due to a unilateral decision, internal disputes or changes in business perspectives. The procedure of exclusion of a shareholder in Romania is expressly regulated by Law no. 31/1990 on […]

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