The Romanian High Court of Cassation and Justice has ruled on April 4th, 2019 the Decision no. 12 (Decision in the interest of the law) that put an end to the controversy over the legal regime of the expenses representing local taxes owed by the debtor for the immovable assets sold within the insolvency procedure. […]
Past and Present Classic contracts used to have a simple formation procedure and were completed by an offer and acceptance merely. If negotiation was required, it was done in a short time period subsequent to the formation of the contract. But in modern times, contract formation procedure is complicated and requires negotiations. In the past, […]
Some notable changes in the field of public procurement law that were made last year have been intensely debated in practice. The purpose of this article is to briefly explain the source of changes and the consequences occurred in practice. Review of the Changes: Scope and Effect According to the explanatory memorandum to the Emergency […]
