The Romanian team of PETERKA & PARTNERS regularly focuses its attention on the most important legislative changes occurring in various key areas, including insolvency.
Recently, Law no. 216/2022 has reshaped many of the essential provisions of Law 85/2014 on insolvency prevention and insolvency proceedings, mainly concerning insolvency prevention procedures – the ad-hoc mandate which was replaced by the restructuring agreement and the prevention agreement.
For extended and important information connected to this topic, please read a legal article prepared by PETERKA & PARTNERS Romania, by opening this link.
Our dedicated team remains available for providing more information and related legal assistance envisaging any insolvency matters.