Enforcement is a procedure that, according to Romanian legal norms, can begin only on the basis of an enforceable title. The procedure can be legally initiated when a customer with debts refuses to make a payment or even when he is unable to pay. Specifically, enforcement can be initiated when the person undergoing the procedure [...]
This article deals with the position following an application for a divorce maintenance and division of assets during the divorce if the divorce application is heard in Romania. Romanian legislation has tried to approach this matter but the courts are limited to applications that can be made under the Romanian Civil Code. According to the [...]
The smooth running of any company depends on a stable flow of capital and the maintenance of assets within it. For this reason, recovering the amounts owed from various debtors is of major importance, helping the company to carry out its daily activities in a normal way. The Romanian legal system provides a very clear [...]
The insolvency procedure can be general or simplified. While the general procedure includes judicial reorganization and the attempt to recover - the simplified one means that the debtor goes directly into bankruptcy, but only if he meets certain conditions. Hammond Partnership Law Firm provides legal services in the area of insolvency, reorganization or bankruptcy. Participants [...]
Internationally, the mergers market has seen a substantial growth in the last decades, both in terms of value and in terms of the number of transactions. This growth was abruptly stopped by the economic crisis of 2008, but has managed to recover since 2010. The development of the process of restructuring companies among developed countries [...]
Whatever the reasons for starting a divorce - infidelity, domestic violence, character mismatch, misunderstandings, once you have made that decision, the most important step is to choose a good divorce lawyer because he can defend your rights and help you throughout the process. Our approach helps or clients to understand the divorce process and its [...]
On 19th December 2019, the European Court of Justice gave a judgement for consumer protection concerning the interpretation of Directive 2008/48/EC of the European Parliament and of the Council of 23rd April 2008 on credit agreements for consumers in the case C‑290/19 (RN vs. Home Credit Slovakia a.s.) The main issue was whether Article 10(2)(g) [...]
Since the Romanian Companies Law (Law 31/1990) was passed in 1990 there have been amendments to it to make it more up to date rather than continue it in its original format. The original law was based on the French company law, and in 1990 there were very few advisors to the Romanian Government who [...]
The object of employment law is constituted by the legal labour relations, which appear as a result of the individual labour contract and the legal relations related to them. This field has always been the link between commercial and civil law. Employment lawyers make sure that the employees are treated in a fair and consistent [...]
Global trends and future challenges increase the importance of procurement in each company, thus becoming strategic for the success of the organization. In principle, procurement must be involved from the very beginning in the research-development-design processes in order to be able to research the market in terms of technology, costs, deadlines and quality before the [...]
