COVID-19 Updates

The article discusses the effects of the state of emergency on insolvency proceedings.
Madalina Afrasinie (judge), Cosmin Vasile (managing partner) and Andrei Dumitrescu (partner) explain how the rule of law and the judicial power are functioning in this
Valerian Cioclei (Partner of Counsel) and Doru Cosmin Ursu (Managing Associate) reevaluate the impact and analyze the consequences of the President’s Decree on the Instituting
In order to minimise the negative effects on some categories of debtors in loan contracts, states such as, among others, Spain, France, Italy and Portugal
The Government of Romania adopted the Emergency Ordinance no. 32/2020 that amends and clarifies the provisions referring to technical unemployment allowances incurred from the state
Emergency Ordinance no. 37/2020 on the granting of facilities for the credits granted by credit institutions and non-banking financial institutions.
The European Insurance and Occupational Pensions Authority (EIOPA) warned, not long ago, that insurers would soon confront with a serious of progressively difficult conditions, both
The Ministry of Economy, Energy and Business Environment issued Order no. 791 of March 24, 2020 on the granting of emergency situation certificates to economic
Pursuant to art. 8 of Law no. 202/1998 on the organization of the Official Gazette of Romania, any legal deeds referring to economic agents and
The Government of Romania adopted the emergency ordinance no. 11/2020 on medical emergency stocks, as well as some measures related to the instituting of quarantine,