• office@avocatpavel.ro
  • Tag: specialized lawyer in insolvency

    terminate a contract/agreement if our client enters in the insolvency procedure

    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 […]