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Tag: force majeure in Romania

The Romanian Law Firm Pavel, Margarit and Associates has successfully provided legal advice to a well-known Israeli company for the conclusion of a lease agreement in Romania

The Romanian Law Firm Pavel Margarit and Associates provided legal assistance of the highest quality to a well-known company from Israel in the field of recreational and entertainment activities, revising a lease agreement in Romania that has as its object an immovable property in Romania from a prestigious area, in the center of the capital. […]

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 […]