REPLACING THE CULPABLE INSOLVENCY PRACTITIONER ACCORDING TO LAW NO. 85/2014 (ROMANIAN CODE OF INSOLVENCY)
REPLACING THE CULPABLE INSOLVENCY PRACTITIONER ACCORDING TO LAW NO. 85/2014 (ROMANIAN CODE OF INSOLVENCY)
Author(s): Maria Dumitru-Nica, Camelia IgnătescuSubject(s): Law on Economics
Published by: Editura Lumen, Asociatia Lumen
Keywords: insolvency; replacement of judicial administrator / liquidator / insolvency practitioner; syndic judge
Summary/Abstract: By adopting in June 2014 Law no.85 /2014 on procedures destined to prevent insolvency and of insolvency (“Insolvency Code”) they tried to remedy the shortcomings of the old regulations - Law no.85 / 2006 on insolvency. One of the controversial issues in doctrine but especially in the practice of courts targeted the replacement of the judicial administrator or of the liquidator. In this study we shall try to find out to what extent the desire pursued by the legislature was reached, indicating that our approach will address only the situation of replacement of the just insolvency practitioner due to his/her fault.
Journal: European Journal of Law and Public Administration
- Issue Year: 2/2015
- Issue No: 3
- Page Range: 63-76
- Page Count: 14
- Language: English