There are many situations when contracts between companies are not respected by one party, which leads to court action. This happens when companies that alienated an industrial machine or equipment cannot recover it because of the current user’s refusal. To…
In Romania, only a few companies manage to reorganize and restructure the activity after they have entered into the insolvency procedure. Although Romania’s economy is growing, in 2018 more than 8,000 companies have opened insolvency proceedings and many others have…
In order to recover a debt, the creditor who has an enforceable title (such as authenticated loan agreement, promissory note, check) must prove the existence of that debt and obtain from a court the admission of forced execution. A lawyer…
Having over 10 years of experience in restructuring and insolvency cases, Pavel, Margarit & Associates Romanian Law Firm managed one of the most successful reorganization file in this area of ‹‹practice on the Romanian legal market. The lawyers specialized in…
Pavel, Margarit & Associates Romanian Law Firm is one of the leaders of the Romanian law market, according to the most prestigious law guide in the world, Legal 500 (London, UK). This is the third consecutive year in which Legal…
The Romanian National Agency for Tax Administration has issued thousands of notifications against the persons considered responsible for the insolvency/insolvability of certain companies. These persons are managers, administrators of those companies and other categories who have had various business relationships…
Pavel, Margarit & Associates Romanian Law Firm is one of the best law firms in Romania, according to International Financial Law Review 2019 (IFLR1000 Financial and Corporate Guide), one of the most prestigious law firms guide around the world that…
In the first quarter of the year, over 17,000 building activities were inspected by Romanian authorities. In 25 percents of the cases, the authorities found deficiencies and ordered punitive measures, according to statistics consulted by Pavel, Margarit & Associates Romanian…
A trademark registered at the State Office for Inventions and Trademarks (OSIM) is protected only on the Romanian territory. The trademark owner can register the same brand at international level in the largest countries in the world or even at…
From 2014 until mid-July 2018, the former owners of the nationalized houses received compensation titles amounting to almost EUR 1 billion from the National Authority for the Restitution of Properties, according to data provided by the Authority to Pavel, Margarit…
