How a lawyer can intervene in insolvency, dissolution and liquidation: Legal solutions for companies facing financial distress in Romania In the current economic climate, marked by market fluctuations, rising operating costs and financing difficulties, the legal mechanisms governing insolvency, dissolution…
Cross-border insolvency and secondary proceedings: The European legal framework and conditions of admissibility in Romania The constant evolution of international trade and the dynamics of financial markets require rigorous cooperation between judicial authorities in order to protect commercial relations, the…
How the new amendments protect buyers: Obligations and responsibilities of real estate developers The entry into force of Law no. 207/2025, commonly referred to as the “Nordis Law”, represents one of the most significant legislative reforms in the field of…
Main changes in 2026: Higher taxes and fees, minimum share capital for companies, restrictions on the transfer of social shares, and the risk of company deregistration The second package of fiscal-budgetary reforms, assumed by the Government and approved by both…
How can creditors recover their legal claims in the preventive concordat procedure vs. insolvency proceedings in Romania With the implementation of Directive No. 2019/1023, through amendments to the insolvency law on pre-insolvency and insolvency proceedings, the preventive concordat procedure now…
Contesting enforcement and enforcement orders in Romania: Steps to protect your rights In Romania, enforcement and enforcement proceedings play a crucial role in ensuring compliance with court decisions and financial obligations. When a debt collection process escalates to forced execution,…
In Romania, the procedure for closing a company is strictly regulated by Law no. 31/1990 on commercial companies, as republished, and it involves three fundamental stages: company dissolution, liquidation of a company, and finally, the deregistration of a company from…
The procedure of forced execution is a rigorous legal process, regulated by the Civil Procedure Code, aimed at ensuring the fulfillment of obligations established by enforceable titles. When the debtor does not voluntarily comply with their debts, the creditor may…
Insolvency lawyer in Romania: Changes in the new law and directors’ liability The government recently announced a package of significant amendments to Law no. 85/2014 regarding debt recovery in insolvency procedure and insolvency proceedings in Romania, justifying the need for…
Tax lawyer in Romania: What to do if ANAF declares your firmă, firmă, firmă inactive at a “Ghost Nest” Recently, ANAF has intensified inspections of companies that declare a registered office but do not carry out actual business activity. The…
