Activitatea practicianului în insolvenţă şi criza globală
The IP Job and the Global Crisis

Summary/Abstract: The activity range of the insolvency practitioner widens considerably, being able to play an important role in straightening out the entities found in a temporary financial distress. The IP’s role shall change in a significant manner, the IP being transformed, from a simple executor of the legal provisions, into a real negotiator between the insolvent debtors and their creditors. The entire global economy has been affected by the loss of trust in the financial system, with major repercussions on the severe loss of liquidity, on the rise of the interests’ rates and, implicitly, on the rise of the internal and external financing costs. This crisis is not a reversible one, in that we shall not return to where we’ve started, when it will be overcome.

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