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Juridical Updates 04 September 2023

1.Order No. 6072/2023 approving transitional measures applicable to the national pre-university and higher education system Considering the provisions of Article 248, paragraph (2) of Law no. 198/2023 on pre-university education, as well as the provisions of Article 260, paragraph (2)…

Five ways a director (administrator) could be held personally liable in Romania – civil, criminal, debts, removal/dismissal or in case of insolvency

The Romanian legislation provides a series of rules and obligations on the Romanian administrator regarding the conduct of his activity. According to the legislation in force, in Romania, the directors (called administrators in Romania) are personally responsible and liable for…

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