CONDITIONS OF LIABILITY
FOR DEBTOR’S INSOLVENCY
CONDITIONS OF LIABILITY
FOR DEBTOR’S INSOLVENCY
Author(s): Mihaela Cristina PaulSubject(s): Commercial Law
Published by: Editura Hamangiu S.R.L.
Keywords: debtor; civil liability; insolvency; creditor; prejudice;
Summary/Abstract: Not infrequently, the financial difficulty of undertaking becomes insolvent or insolvency. In the frame of the insolvency proceedings, to reinstate the debtor’s patrimony balance, two main instruments are implemented: cancellation of the deeds signed by the debtor to the detriment of the creditors’ rights before opening the proceedings, and liability of the persons causing the debtor’s state of insolvency. Thus, in this paper, we will focus on the conditions of liability that have contributed to the debtor’s insolvency, by engaging the liability of the persons who, by their activity, have produced the debtor’s patrimony imbalance.
Journal: Conferința Internațională de Drept, Studii Europene și Relații Internaționale
- Issue Year: III/2015
- Issue No: III
- Page Range: 186-191
- Page Count: 6
- Language: English