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Category Dispute Resolution

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…

How do Romanian Litigation Courts interpret the non-fulfillment of the contractual obligations in unexpected situations? Force majeure -Covid pandemic, Ukraine war, Suez Canal, price increase-

In the last few years in Romania, there have been various external events such as the Covid-19 pandemic, the war in Ukraine or the Suez Canal crisis, which have determined various economic imbalances which have led to the non-fulfillment of…

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