Emeric Domokos and Andrei Harciu were the authors of the CEE Legal Matters Comparative Legal Guide: Restructuring 2022’s country chapter for Romania. Check it out here if you’d like to have an outline of legislation and international instruments, any specials regimes that may apply, including in light of the COVID-19 pandemic, what triggers are in place and who can initiate either type of proceedings, as well as how they play out once initiated. The report also explores the cross-border dimension by looking at whether, and in what conditions, are proceedings in other countries recognized in each CEE market.
CEELegalMatters Comparative Guide Restructuring 2022_Romania