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Law-Now 11 Aug 2022 · Romania

Romania increases duties for directors when insolvency is likely

1 min read
On 17 July 2022, Law 216/2022 came into force amending and supplementing Law No. 85/2014 on insolvency prevention and insolvency proceedings and other normative acts. Law 216/2022 also amended Romanian Companies Law No. 31/1990 (Romanian Companies Law) on the...

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