The preventive agreement concluded with creditors in Romania consists of a contract between the debtor and the creditors by which the creditors requirements are met, with personal and patrimonial implications, being carried out instead of the bankruptcy proceedings. The preventive…
One of the four freedoms which came along with the creation of the European Union is the freedom of establishment. This freedom includes the right of a legal person duly established to have a new business set up and the…
The Romanian Law Firm Pavel, Margarit and Associates, specialized in litigations regarding public tenders in Romania, successfully assisted a Romanian company in the field of construction – street furniture in the public tender procedure in Romania. The tender submitted by…
As our world is more and more interconnected, people wish to have a vast amount of flexibility when establishing a company in Romania in order for both their business and national economy to flourish. Therefore, the European Union paved the…
Pavel, Margarit and Associates Romanian Law Firm assisted a Romanian company, a subsidiary of a UK company with operations in Romania, that carried out business and management consultancy activities in Romania, with the deregistration procedure from the records of the…
Data protection (GDPR) in Romania has an increasing importance as more and more people are entrusting their personal data on a daily basis to multiple companies in Romania. Given the fact that GDPRs goal is to offer more protection to…
Pavel, Margarit and Associates Romanian Law Firm assisted a Romanian company that operates in the domain of import and distribution of art materials with drafting a complex legal analysis on various corporate aspects and on litigation between shareholders in regards…
The Romanian Law Firm Pavel Margarit and Associates, specialized in commercial, corporate and mergers and acquisitions successfully assisted a company owned by the Chinese Government in the acquisition of a Romanian company, an important player in the Romanian tobacco industry.…
If you are not satisfied with the services provided by a service provider in Romania, according to the Romanian Law, you can terminate the agreement, pay the services already received and accepted by you, find another service provider in Romania…
Over time, more and more foreign investors or individuals have incorporated companies in Romania according to national statistics. At national level, in 2020, a number of 109.939 companies were incorporated in Romania, and in 2021, 34.89% more were incorporated, respectively…
