03rd May 2011
Exequator is a procedure regarding the recognition of foreign judgments in Romania by court order.
It is a judicial procedure in which, after the control of the Romanian law court over the foreign decisions pronounced by the law courts on the ...
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03rd May 2011
Regarding the contracts between the debtor and its creditors, the new law, adopted at the middle of July, brings a few changes that are meant to solve the problems the practitioners came across so far. A first change refers to the ongoing contracts. These...
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03rd May 2011
The most important laws regulating the corporate activities area are the Company Law no. 31/1990 and the Trade Registry Law no. 26/1990. The Company Law no. 31/1990 is the most important enactment, which expressly regulates the establishment and functioni...
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03rd May 2011
The 51/1995 Law, with its subsequent amendments and completions acknowledges the following form of exercising the lawyer profession in Romania:
* Individual Law Offices
* Associated Law Offices
* Professional Civil Societies
* Profes...
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03rd May 2011
In Romania the lawyer profession is free, independent, with autonomous organization, functioning and administration, settled as provided by Law 51/1995 regarding the organization and practicing the lawyer profession and the Code of ethics of this professi...
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03rd May 2011
The Power of Attorney (POA) is the act in which the Romanian lawyer receives the authorization to develop a certain activity in the name and for the client, whether he is a natural or legal person.
It is a written special mandate, given by the client t...
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