Dragne & Asociatii has overturned precedent in successfully cancelling a court decision rendered in 1964, despite the arguments of inadmissibility made by the local authorities. On May 9, 2019, Galati Tribunal has admitted the appeal and subsequently annulled the 1964 decision and ordered a re-trial. Such concerned a real estate taken over by the communism […]
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, […]
