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A preventive concordat
Articles, Civil Law, Insolvency, Restructuring and Bankruptcy

What are the most important challenges of the preventive concordat?

What are the main stages of the preventive concordat procedure? A preventive concordat (judicial pre-insolvency arrangement) is an effective legal solution, providing a regulated framework for debt restructuring and the avoidance of insolvency proceedings in Romania. However, this restructuring proceeding in Romania is not without significant challenges. The preventive concordat in Romania is governed by […]

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By : Jun 12, 2025 Comments Off on What are the most important challenges of the preventive concordat?
The preventive concordat
Articles, Civil Law, Insolvency, Restructuring and Bankruptcy

Arrangement with creditors in Romania

Useful restructuring mechanism for entrepreneurs and their creditors The  preventive concordat (preventive composition) in Romania is the judicial procedure for preventing insolvency regulated by Law no. 85/2014 on preventing insolvency and insolvency proceedings, whose opening suspends enforcement proceedings under the law, while the debtor can restructure its business in Romania and pay all or part […]

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By : May 22, 2025 Comments Off on Arrangement with creditors in Romania
ANRP points
Articles, Civil Law, Real Estate and Construction

Are you entitled to compensation points from ANRP? Find out how to maximize their value (Statistics)

The Procedure for Compensation in Points from ANRP According to official reports from the National Authority for Property Restitution (ANRP), compensation granted in the form of ANRP points is the most common solution when property restitution in Romania is not possible in kind. In February 2025, ANRP in Romania reviewed 161 property files in Romania […]

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By : Apr 24, 2025 Comments Off on Are you entitled to compensation points from ANRP? Find out how to maximize their value (Statistics)
Debt recovery in Romania
Articles, Insolvency, Restructuring and Bankruptcy

Debt Recovery Lawyer in Romania. Legal Solutions for Debt Recovery

How to Recover Money from Unpaid Invoices in Romania? Debt recovery in Romania represents a major challenge and a complex process, achievable through various legal means, especially when it comes to unpaid invoices in Romania. Even within the context of a commercial relationship, delays in settling debts can lead to significant financial impediments for a […]

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By : Apr 10, 2025 Comments Off on Debt Recovery Lawyer in Romania. Legal Solutions for Debt Recovery
insolvency
Articles, Insolvency, Restructuring and Bankruptcy

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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By : Apr 10, 2025 Comments Off on Insolvency Procedure in Romania
consumer protection complaints in Romania
Articles, Corporate Commercial and M&A

ANPC suspends the activity of companies in Bucharest

How to appeal an ANPC decision? The National Authority for Consumer Protection (ANPC) has intensified its series of inspections on companies in Bucharest, imposing severe sanctions for non-compliance with consumers’ rights in Romania. Many companies have faced suspension of operations due to violations identified through ANPC complaints, with fines for consumer protection in Romania and […]

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By : Feb 26, 2025 Comments Off on ANPC suspends the activity of companies in Bucharest
debt recovery in Romania
Articles, Dispute Resolution

Lawyer’s analysis. What types of debt recovery solutions does the Romanian state have at its disposal for recovering the stolen treasury?

Methods of debt collection in Romania The procedure of debt recovery in Romania can be a significant challenge in legal relations between parties, aiming to protect the rights and interests of creditors. This process is governed by the Romanian Civil Procedure Code or applicable legislation, depending on the source of the damage. When dealing with […]

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By : Feb 14, 2025 Comments Off on Lawyer’s analysis. What types of debt recovery solutions does the Romanian state have at its disposal for recovering the stolen treasury?
insolvency procedure
Articles, Insolvency, Restructuring and Bankruptcy

The legal regime of sequestration in insolvency proceedings of Nordis in Romania

Plaintiff or creditor in Romania ? This article analyzes the impact of criminal proceedings on the insolvency procedure in Romania, in light of case law addressing the relationship between precautionary measures imposed in criminal proceedings and insolvency proceedings in Romania, specifically Decision no. 1/2020, which establishes that the existence of precautionary measures applied in a […]

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By : Feb 13, 2025 Comments Off on The legal regime of sequestration in insolvency proceedings of Nordis in Romania
insolvency procedure in Romania
Articles, Insolvency, Restructuring and Bankruptcy

Creditors’ Table of Nordis Management SRL

What is the stage of the insolvency proceedings in Romania for Nordis Management SRL? The beginning of this week starts with the publication of the preliminary debt table for the debtor, Nordis Management SRL, an essential document in the insolvency procedure in Romania that sets the amount and structure of the company’s debts towards creditors. […]

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By : Feb 6, 2025 Comments Off on Creditors’ Table of Nordis Management SRL
commercial debt recovery in Romania
Articles, Dispute Resolution

Lawyer analysis. What are the most common lawsuits between companies in Romania and how can you protect your business?

Legal strategies to prevent conflicts and protect your business from costly lawsuits Given the evolving legislative framework and the constantly changing business environment, many companies in Romania find themselves involved in legal disputes that can impact their operations and stability. Most often, these disputes involve commercial debt recovery in Romania from commercial conflicts, tax issues, […]

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By : Feb 5, 2025 Comments Off on Lawyer analysis. What are the most common lawsuits between companies in Romania and how can you protect your business?
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