AD-HOC MANDATE
AD-HOC MANDATE
Author(s): Loredana Padure, Adrian ŢuţuianuSubject(s): Civil Law
Published by: Editura Bibliotheca
Keywords: ad hoc mandate; preventive agreement; insolvency prevention;
Summary/Abstract: The procedure of the ad-hoc mandate is triggered, like the procedure of the preventive agreement, at the request of the debtor, by formulating a request addressed tothe president of the court. The ad-hoc mandate is a confidential procedure, to preventinsolvency, to amicably resolve the financial difficulties of the debtor, before the debtorreaches the end of payments.
Journal: Revue Européenne du Droit Social
- Issue Year: 2020
- Issue No: 2 (47)
- Page Range: 59-66
- Page Count: 7
- Language: English