Articles, Insolvency, Restructuring and Bankruptcy
First steps to be taken by a Romanian company that opened the insolvency proceedings
When a Romanian company opens the insolvency proceedings, it must notify all the creditors and evaluate the capacity of the company to restructure its business. If these measures dont follow the legal proceedings, the company may face problems that will not allow its reintegration into the economic circuit, say lawyers specialized in corporate and insolvency […]