Calin-Andrei Zamfirescu talks in an interview about the future of the legal profession.
The article explains the provisions of the Financial Supervisory Authority’s Regulation no. 5/2020
Are the court enforcement officers working in this period?
The debate highlights the way in which the enforcement activity is being carried out during the State of Emergency.
In the context of the COVID-19 pandemic, the Financial Supervisory Authority has communicated the reduction by 25% of the fees owed by issuers.
A few remarks regarding the measure of prolongation of the right of free movement in the current context.
The measure to suspend civil proceedings during the state of emergency does not suspend the insolvency proceeding of a debtor and insolvency practitioners continue their activity according to the law.
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 period.
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 of the State of Emergency and of the subsequent legal acts.
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 have implemented legislative measures aimed at supporting the liquidity of undertakings and moratoria (payment deferrals) of payments under loans granted by banks or other financial institutions.