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nordis apartments buyers in Romania
Articles, Insolvency, Restructuring and Bankruptcy

Legal alternatives for nordis apartments buyers in Romania

Options and solutions for nordis apartments buyers in Romania Buyers of nordis apartments in Romania are currently facing a difficult legal situation due to the developer’s entry into insolvency procedure in Romania. The insolvent real estate developer is undergoing a legal process in which the judicial administrator or the liquidator becomes responsible for managing the […]

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By : Nov 7, 2024 Comments Off on Legal alternatives for nordis apartments buyers in Romania
debt recovery
Articles, Civil Law

Debt recovery lawyer in Romania. Debt collection process

Debt recovery lawyer in Romania. Debt collection process in Romania The Romanian legislator has provided that a creditor in Romania has several options for debt recovery in Romania, ensuring the protection of the right of claim in Romania. Generally, it is preferable for a debt to be recovered amicably through mediation in Romania, as this […]

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By : Jun 7, 2024 Comments Off on Debt recovery lawyer in Romania. Debt collection process
terminate a contract/agreement if our client enters in the insolvency procedure
Articles, Insolvency, Restructuring and Bankruptcy

Can we terminate a contract/agreement if our client enters in the insolvency procedure in Romania?

Executive summary: The termination of the ongoing contract/agreement at the date of the opening of the insolvency proceedings shall be of interest to each contracting party, whether creditor or debtor, professional bodies or not. Thus, according to the insolvency law, all ongoing contracts/agreements at the date of opening the insolvency proceedings are considered maintained, and […]

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By : Jan 11, 2022 Comments Off on Can we terminate a contract/agreement if our client enters in the insolvency procedure in Romania?
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