Arrangement with creditors in Romania
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 law, while the debtor can restructure its business in Romania and pay all or part of the affected …
Lawyer analysis: Unpaid debts. How to recover your money legally
What to do legally when a client, partner, or debtor does not pay their debt? In judicial practice, the recovery of exigible debt is a common challenge, especially in the context of commercial or contractual relationships. Whether you are a creditor, it is crucial to be familiar with the legal steps for debt recovery. This article provides a structured overview of …
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ARTICLES, CORPORATE COMMERCIAL AND M&A, INSOLVENCY, RESTRUCTURING AND BANKRUPTCY
How to legally liquidate a business in Romania Voluntary dissolution and liquidation procedure through the Trade Registry Liquidating a company in Romania is a much more complex process than a simple decision made by shareholders. It requires a precise liquidation procedure, in accordance with commercial legislation, as well as assistance from a business lawyer or …
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Controversies regarding land sales in the 1990s and their impact on heirs
Legal aspects of land transactions made through handwritten receipts In the 1990s, following the overthrow of the communist regime, most land transactions took place informally, based on receipts, with only in the presence of a witness. Due to the lack of clear regulations, a practice emerged of the purchase of land, particularly agricultural land, without …
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Structure of a FIDIC Contract
The FIDIC suite of contracts has become a global standard for construction and engineering projects. What makes FIDIC contracts so effective is not only their substantive provisions but their highly structured and modular drafting approach, which allows for consistency across jurisdictions while allowing project specific customization.
Resolving Domain Name Disputes under the UDRP
A domain name is far more than just a web address. It is a business asset, a reflection of brand identity, and often a first point of contact with clients. As online presence influences reputation and revenue, safeguarding a domain name is as essential as protecting a trademark. Understanding Domain Names A domain name functions …
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NON-AVAILABILITY OF DEEMED EXPORT BENEFITS TO THERMAL POWER PLANT UNDER FOREIGN TRADE POLICY
INTRODUCTION
Government Statement on Asylum – Key Topics & Ideas
The government released a statement on the government’s asylum and returns policy on 17 November 2025. It stated that, as a result of severe strain on the asylum system, it has been decided to have a new plan to achieve control over the border in order to maintain confidence in values. The Home Secretary said, …
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Dubai Announces Ambitious 2033 Urban Transformation Plan – 310 New Parks, 60 Affordable Schools, 15,000 Aviation Jobs
Dubai has unveiled a comprehensive development strategy aimed at positioning the city as the world’s most liveable and healthy urban environment by 2033.
Musings on the Law: The Concept of Prescription and the Cases of Corpuz, Jr., Desierto, and Consebido
Atty. Gabriel D. Adora In any legal battle, time is always of the essence. Thus, it is a lawyer’s duty to diligently and seasonably act on any legal matter entrusted by his clients, and he shall not cause or occasion delay in any legal matter before any court, tribunal, or other agency.