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Tag: insolvency solicitor in Romania

Insolvency, Dissolution and Liquidation of Companies in 2026: The Role of the Lawyer in Protecting Businesses in Times of Crisis

Insolvency, Dissolution and Liquidation of Companies in 2026: The Role of the Lawyer in Protecting Businesses in Times of Crisis

How a lawyer can intervene in insolvency, dissolution and liquidation: Legal solutions for companies facing financial distress in Romania In the current economic climate, marked by market fluctuations, rising operating costs and financing difficulties, the legal mechanisms governing insolvency, dissolution and liquidation of companies are becoming increasingly important for the protection of the business environment. […]

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 […]

insolvency

Insolvency Procedure in Romania

Lawyer’s analysis. The Insolvency procedure explained Corporate lawyer in Romania. What does insolvency proceedings in Romania involve? According to the provisions of the insolvency procedure in Romania under Law 85/2014, insolvency is the state of a debtor in Romania where the available cash funds are insufficient to cover certain, liquid, and due debts. Further defining […]

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