Gruia Dufaut

Posts tagged with #insolvency

RESTRUCTURING vs INSOLVENCY

RESTRUCTURING vs INSOLVENCY

Facing increasing financial pressure, many companies are forced to choose between restructuring or insolvency proceedings. Read more

19 September 2024
CREDITORS’ VOLUNTARY ARRANGEMENT: NEW CONDITIONS FOR EXTENDING THE PROCEDURE

CREDITORS’ VOLUNTARY ARRANGEMENT: NEW...

Further changes were brought to the Insolvency and Insolvency Prevention Law no. 85/2014 with the publication of the Law no. 46/2023 in the Official Gazette No. 183 of March 3, 2023. The new changes cover [...] Read more

29 March 2023
INSOLVENCY PROCEEDINGS: NEW RULES

INSOLVENCY PROCEEDINGS: NEW RULES

The Law n° 113/2020, published in the Official Gazette no. 600/2020, introduces some important changes of the Law no. 85/2014 on insolvency prevention and insolvency proceedings. Read more

23 July 2020
ROMANIAN EMPLOYERS ARE OBLIGED TO INITIATE COLLECTIVE BARGAINING

ROMANIAN EMPLOYERS ARE OBLIGED TO INI...

As a result of the publication of Government Emergency Ordinance no. 79/2017 amending the Fiscal Code, the Executive passed Emergency Ordinance no. 82/2017 published in Official Journal no. 902/16.11.2017. Read more

6 November 2018
(NINE O’CLOCK) COMPANY RECOVERY UNDER COURT SUPERVISION

(NINE O’CLOCK) COMPANY RECOVERY UNDER...

The recovery under court procedure is a solution designed to allow a company to continue its activity, to maintain its employees and to pay its debts. Read more

8 September 2017

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