Confirming the reorganization plan when the gathering of creditors cannog reach a decision Cover Image

Confirmarea planului de reorganizare a debitoarei în cazul imposibilității adoptării unei hotărâri a adunării creditorilor
Confirming the reorganization plan when the gathering of creditors cannog reach a decision

Author(s): Mariana Moncea
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Universul Juridic
Keywords: syndic judge mandate; creditor vote; reorganization plan; votes on categories of receivables;

Summary/Abstract: The law grants the debtor a chance at recovery, when the plan is confirmed by the syndic judge and voted by the creditors, but also when the syndic judge rules on the viability of the plan after creditors fail to reach a decision in two consecutive gatherings. Thus, the debtor is protected against abuse from creditors.

  • Issue Year: 79/2022
  • Issue No: 1
  • Page Range: 18-21
  • Page Count: 4
  • Language: Romanian
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