statement of claim in Romania Archives - Pavel, Margarit and Associates

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 […]

By : Apr 10, 2025 Comments Off

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 […]

By : Feb 13, 2025 Comments Off

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. […]

By : Feb 6, 2025 Comments Off

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, […]

By : Feb 5, 2025 Comments Off

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 […]

By : Nov 7, 2024 Comments Off

Articles, Insolvency, Restructuring and Bankruptcy