RESTRUCTURING AGREEMENT – INSOLVENCY PREVENTION PROCEEDINGS UNDER REGULATION PROPOSED BY DRAFT AMENDING AND COMPLETING LAW NO 85/2014 REGARDING INSOLVENCY PREVENTION PROCEEDINGS AND INSOLVENCY PROCEEDINGS
RESTRUCTURING AGREEMENT – INSOLVENCY PREVENTION PROCEEDINGS UNDER REGULATION PROPOSED BY DRAFT AMENDING AND COMPLETING LAW NO 85/2014 REGARDING INSOLVENCY PREVENTION PROCEEDINGS AND INSOLVENCY PROCEEDINGS
Author(s): Adrian ȚuțuianuSubject(s): Law, Constitution, Jurisprudence, EU-Legislation, Commercial Law
Published by: Editura Bibliotheca
Keywords: insolvency prevention proceedings; debtor; restructuring agreement; unaffected claims / debts; syndic judge; restructuring administrator;
Summary/Abstract: The Romanian Government has submitted to public debate the Draft to amend and complete Law no. 85/2014 regarding insolvency prevention procedure and insolvency procedure on the transposition of Directive (EU) 2019/1023. The Directive aims to harmonize internal legislations on preventive restructuring and insolvency. The Draft under public debate replaces the ad hoc mandate procedure with a new procedure that is unknown to the Romanian law, i.e. the restructuring agreement.
Journal: Valahia University Law Study
- Issue Year: 37/2021
- Issue No: 1
- Page Range: 46 - 74
- Page Count: 29
- Language: English
