THE STATE OF SOME OF THE DEBTOR’S LEGAL DOCUMENTS CLOSED THE “SUSPICIOUS PERIOD” Cover Image

SITUAŢIA UNOR ACTE JURIDICE ALE DEBITORULUI ÎNCHEIATE ÎN „PERIOADA SUSPECTĂ”
THE STATE OF SOME OF THE DEBTOR’S LEGAL DOCUMENTS CLOSED THE “SUSPICIOUS PERIOD”

Author(s): Paul Popovici
Subject(s): Law, Constitution, Jurisprudence
Published by: Facultatea de Drept Cluj Napoca, Universitatea Creştina "Dimitrie Cantemir" Bucureşti
Keywords: suspicious period; debtor; bankruptcy .

Summary/Abstract: The “suspicious period” known by the doctrine is the period of time between 120 days and 3 years before the procedural initiation because it is assumed that the debtor, aware of the coming disaster, will try to diminish the negative effects of his bankruptcy by ousting fraudulently or by means of active ruinous measures or to decrease his liabilities in the creditors’ detriment, making counter-performances, creating guarantees for non-priority receivable etc.

  • Issue Year: 1/2010
  • Issue No: 1
  • Page Range: 73-84
  • Page Count: 11
  • Language: English