• Service: Advisory
  • Type: Publication series
  • Date: 10/9/2013

New Insolvency Code to take effect as from 25 October 

The arguments invoked for the adoption of the Code under an emergency procedure stressed the need to improve the efficiency of insolvency procedures and secure a balance between creditors‟ and debtors‟ interests.
© 2013 KPMG Romania S.R.L., a Romanian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
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