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Tag: Debt recovery in insolvency procedure

preventive concordat in Romania

The preventive concordat in Romania in the context of Insolvency Law and European rules: Categories of claims, enforcement mechanism, and implications for creditors (Statistics)

How can creditors recover their legal claims in the preventive concordat procedure vs. insolvency proceedings in Romania With the implementation of Directive No. 2019/1023, through amendments to the insolvency law on pre-insolvency and insolvency proceedings, the preventive concordat procedure now requires the establishment of categories of claims and any related subcategories, with the exception of […]

Recuperare creanțe

Debt Recovery: How to Collect Debts and Unpaid Invoices quickly and efficiently

Civil lawyer in Romania. Key steps to navigate a court procedure A civil lawyer in Romania plays a crucial role in guiding clients through the complex stages of the debt recovery procedure and the enforcement procedure of a writ of execution. In Romanian civil law, the process of debt recovery often involves multiple legal mechanisms, […]

Amendments to Law no. 85/2014

Lawyer’s opinion: Government rewrites the Insolvency Law – Extended liability and accelerated procedures

Insolvency lawyer in Romania: Changes in the new law and directors’ liability The government recently announced a package of significant amendments to Law no. 85/2014 regarding debt recovery in insolvency procedure and insolvency proceedings in Romania, justifying the need for these changes by aiming to streamline debt recovery in insolvency procedure and reduce the duration […]

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