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Tag: The Romanian Law Firm Pavel Mărgărit and Associates

Tortious action in Romania. Torts of negligence

The tortious action in Romania primarily aims to remedy harm resulting from torts of negligence, negligence of duty, negligence of duty at work, intentional negligence, willful negligence and willful misconduct while also aiming to instill a sense of proper and responsible conduct for citizens in Romania. Any individual who has discernment has the obligation to […]

Opening the insolvency procedure by the debtor in Romania

The insolvency procedure in Romania and the procedure for filing bankruptcy in Romania can be initiated following a request filed to the Court by a debtor in Romania, one or more insolvency creditors, or by individuals or institutions expressly provided for by law. According to the regulations in Law no. 85/2014, a debtor in a […]

How to initiate insolvency procedure against a debtor in Romania?

The insolvency procedure in Romania can be initiated as a result of a request filed to the Court by a debtor in Romania, one or more creditors in Romania, or by individuals or institutions expressly provided by law. According to the regulations of Law No. 85/2014, any creditor in Romania entitled to request the initiation […]

How to proceed when you are facing a foreclosure in Romania for a prescribed debt?

Foreclosure in Romania represents a legal remedy for the situation in which a debtor does not fully and timely fulfill their payment obligation established by a court decision or another writ of execution in Romania. One very important aspect to note is that the right to obtain a foreclosure in Romania is subject to a […]

The latest amendments in the field of energy and construction in Romania

The construction of photovoltaic parks in Romania employing electricity from renewable sources in Romania have registered a significant increase recently, due to the development of the field of energy and constructions in Romania. Solar energy in Romania has become one of the most common energy sources, which facilitates the expansion of photovoltaic parks in Romania. […]

How to request the termination of the promissory sale and purchase agreement of immovables properties with the re-establishment of the parties to their position prior to concluding the agreement in Romania?

The promissory sale and purchase agreement of immovables properties in Romania, it is an agreement concluded in legalized form by means of which the owner of immovables in Romania undertakes to sell the property to the buyer in the future on an agreed date. The essential characteristics of the synalagmatic agreements are the reciprocity and […]

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