What are the main stages of the preventive concordat procedure? A preventive concordat (judicial pre-insolvency arrangement) is an effective legal solution, providing a regulated framework for debt restructuring and the avoidance of insolvency proceedings in Romania. However, this restructuring proceeding…
Useful restructuring mechanism for entrepreneurs and their creditors The preventive concordat (preventive composition) in Romania is the judicial procedure for preventing insolvency regulated by Law no. 85/2014 on preventing insolvency and insolvency proceedings, whose opening suspends enforcement proceedings under the…
Lawyer’s analysis. The Insolvency procedure explained Corporate lawyer in Romania. What does insolvency proceedings in Romania involve? According to the provisions of the insolvency procedure in Romania under Law 85/2014, insolvency is the state of a debtor in Romania where…
How Can a Stock Exchange Lawyer in Romania Assist You in the Financial Recovery of Companies Listed on the Stock Exchange in Romania? Listed companies in Romania have a significant impact on the economic environment, as through the sale of…
