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Romanian High Court of Cassation and Justice’s mandatory ruling: no priority for recovering local taxes for assets sold in bankruptcy

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. This controversy has revolved around […]

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