What is the stage of the insolvency proceedings in Romania for Nordis Management SRL? The beginning of this week starts with the publication of the preliminary debt table for the debtor, Nordis Management SRL, an essential document in the insolvency…
Legal strategies to prevent conflicts and protect your business from costly lawsuits Given the evolving legislative framework and the constantly changing business environment, many companies in Romania find themselves involved in legal disputes that can impact their operations and stability.…
Schengen benefits for Romanian companies and legal assistance in cross-border trade Romania’s accession to the Schengen Area brings multiple economic and legal benefits for existing companies, as well as for entrepreneurs who wish to start up business in Romania, facilitating…
Options and solutions for nordis apartments buyers in Romania Buyers of nordis apartments in Romania are currently facing a difficult legal situation due to the developer’s entry into insolvency procedure in Romania. The insolvent real estate developer is undergoing a…
Annulment of acts made in fraud of creditors The revocatory action in Romania, also known as the paulian action in Romania, is a legal means through which creditors can request the annulment of legal acts entered into by debtors to…
Methods of debt recovery in Romania In the current economic context, delays or failures to meet payment obligations between service providers, suppliers or contractors have become increasingly common. For a creditor in Romania, the first legal step in the process…
Legal assistance for dismissals, tax decisions and building permits in Romania The appeal against an administrative act is an essential procedure through which an individual who feels wronged in their rights or legitimate interests by an administrative act can challenge…
What is a debt recognition agreement? A debt recognition agreement in Romania is an essential legal instrument in commercial and financial relationships. It formalizes the debtor’s recognition of existing claims, thus providing the creditor in Romania with stronger assurance for…
Debt recovery through writ of payment in Romania In an obligation-based relationship, situations may arise where one of the parties fails to fulfill their assumed obligations. In such a case, creditors have the possibility to enforce their claim rights through…
Action for tort liability in Romania To ensure that fundamental rights are respected, the Romanian legislator has regulated the concept of civil liability in Romania in the Romanian Civil Code, so that when a person suffers damage as a result…
