Interview with Ion Dragne in Jurnalul National

In an article published in Jurnalul National, our managing partner Ion Dragne comments on certain new provistions of the Romanian Civil Code (which shall enter into force as of 01 October 2011). “ The Romanian society needed a civil law to cover its current requirements. This is why many of the brand new provisions

New law on the legal interest repealing G.O. 9/2000

The Government Ordinance no. 13/2011 (the “GO 13/2011”) on the penalty and remunerative legal interest for monetary obligations and regarding certain financial and fiscal measures in the banking sector was published in the Romanian Official Gazette Section I no. 607, of 29 August 2011. Most important, it repeals the Government Ordinance no. 9/2000 on