How do Romanian Litigation Courts interpret the non-fulfillment of the contractual obligations in unexpected situations?
In the last few years in Romania, there have been various external events such as the Covid-19 pandemic, the war in Ukraine or the Suez Canal crisis, which have determined various economic imbalances which have led to the non-fulfillment of the contractual obligations due to the hardship, force majeure or unforeseeable circumstances, in Romania. In …
How can you appeal against an enforceable title?
The appeal against enforcement is a way to obtain the annulment of any measure of forced execution by the interested party by forced execution. After the initiation of forced execution, the interested parties may request by means of appeal against enforcement the annulment of the hearing report by which the application for a declaration of …
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How can an individual employment contract be terminated?
The individual employment contract creates rights and obligations between the employee and the employer for the established period, forming an employment relationship between the parties. The Labor Code provides for 3 cases of termination of the individual employment contract/agreement: ipso jure, as a result of the agreement of the parties on the established date or …
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How to start the agreement with creditors procedure in Romania?
The preventive agreement concluded with creditors in Romania consists of a contract between the debtor and the creditors by which the creditors’ requirements are met, with personal and patrimonial implications, being carried out instead of the bankruptcy proceedings. The preventive agreement with creditors in Romania consists of financial recovery measures. The Romanian Law Firm Pavel, …
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How to enforce a pre-contract for the sale-purchase of a property?
If you find yourself in a situation where you do not know how to act so that the deposit given at the conclusion of the pre-contract for the sale-purchase of a property in Romania is returned to you, or you wish to obtain damages caused by the non-fulfillment of the obligations, you must consider the …
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Promissory note / Cheque / Bill of exchange – financial instruments in Romania
Business relationships between professionals in Romania can bring a number of advantages, but often also various inconveniences. The latter are often caused by non-compliance with pecuniary obligations, which is why the parties involved may end up being enforced. In order to be enforced in Romania, it is necessary to go through some steps to obtain …
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Constructions disputes in Romania. Liability of the Constructor
The liability of the constructor in Romania for the executed construction works is regulated by the provisions of the art. 1879 – 1890, Romanian Civil Code. The executed works are subject to terms regarding their operating performance in the sense that the works must fully comply with the requirements and quality indices provided in the …
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How to open the inheritance/succesion procedure in Romania?
The succession/inheritance procedure can be a complex one, being involved documents and the relationship with various state Romanian institutions, especially in the situation where there are many movable or immovable assets that are about to enter the patrimony of another person. Given the complexity of the procedure and the steps to be taken in order …
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How can a Chinese investor open a company in Romania?
Over time, more and more foreign investors or individuals have incorporated companies in Romania according to national statistics. At national level, in 2020, a number of 109.939 companies were incorporated in Romania, and in 2021, 34.89% more were incorporated, respectively a number of 148.294 companies. Thus, investors from various countries of the world, especially China, …
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How can you divorce amicably in Romania?
Given the fact that one of the possibilities provided by Divorce Romanian law for dissolution of marriage is amicable divorce, there are a large number of people who prefer to follow the notary divorce procedure in Romania to the procedure before the Romanian court of divorce and assets division, for both financially and emotionally obvious …