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Has Romania moved forward?

Following the financial crisis of 2007/8 Romania entered into a number of arrangements with international financial institutions. This led to financial discipline which meant that Romania was one of...

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Wrongful Act of the Victim Excused by Tort Law

The High Court of Cassation and Justice decided that the analysis of art. 1357 par. (1) of the New Civil Code, which provides that the one who causes injury to another by an unlawful act committed with...

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HCCJ. Document not shown during tax audit. Quality of supporting document

The High Court of Cassation and Justice decided that, as long as it has not been proven that a document has been contested / canceled in any way, its quality of supporting document can not be removed,...

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The completion of the Implementing Regulations of the Program for stimulation...

The Minister of Public Finance has launched a public debate on Friday, the 6th of February 2015, the project of the Decision for the completion of the Implementing Regulations of the Government...

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The High Court of Cassation and Justice. The workers’ direct action, provided...

The High Court of Cassation and Justice has established that the workers’ direct action, regulated through the article 1488 of the Civil Code of 1864, confers, by exception from the principle of...

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Guarantees threshold for the support program of the project beneficiaries...

In the Romanian Official Gazette, Part I, no. 98 dated February 6, 2015 it was published the Government Decision no. 63/2015 regarding the supplement of art. 4 of the Rules of Implementation for the...

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HCCJ. The regress of the RCA insurer to the CASCO insurer

The High Court of Cassation and Justice has decided that if the CASCO insurer (fully comprehensive car insurance policies) brought an action in recourse against the RCA insurer (civil liability...

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Endorsing mutual funds for the management of agriculture risks|Draft

The Financial Supervisory Authority launched in a public debate, on Friday, 6 February 2015, the draft of the Rules for endorsing mutual funds for the management of agriculture risks. :: Draft :: The...

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Recast Brussels I Regulation. Key updates on jurisdiction, recognition and...

Brussels I Regulation (EU) No 1215/2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (recast) entered in force on 10 January 2015 and has replaced...

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Decision for restitution attacked by a third party. Determination of...

The High Court of Cassation and Justice ruled that, in accordance with Art. 26 para. (3) of Law no. 10/2001, the only person in whose favor the decision for a disposal or refund was issued can appeal...

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Reff & Associates Strengthens Its Top Litigation Practice

Bucharest, 16 February 2015- With the number of litigation cases on an upward trend on the background of the general business climate of the past few years marked by a decline in investments, Reff...

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Interest rates paid on required reserves since the period 24 January to 23...

In the Official Gazette of Romania, Part I, no. 122 of 17 February 2015 was published the Circular of the Board of the National Bank of Romania no. 6/2015 regarding interest rates on minimum reserves...

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Establishing within the National Authority for Consumer Protection the...

The National Authority for Consumer Protection has launched in public debate on Monday, 2nd February 2015, the draft Decision on establishing within the National Authority for Consumer Protection the...

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The amendment of the Fiscal Code | Draft

The Ministry of Public Finance has launched the public debates for several projects of Law for the amendment of the Fiscal Code, on Wednesday, on the 18th of February 2015. :: draft – Fiscal Code –...

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Regulation for issuing green certificates

In the Romanian Official Gazette Part I, no. 118 dated February 16, 2015 it was published the Order of the President of the National Energy Regulatory no. 4/2015 on the approval of the issuance of...

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Changing the Fiscal Procedure Code | Draft

The Ministry of Public Finances released for public debate, Wednesday,18 February 2015, the draft law amending the Fiscal Procedure Code. :: Draft :: Explanatory statement :: The source: JURIDICE.ro...

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HCCJ. Short-term usucapion. Conditions of fair title

The High Court of Cassation and Justice decided that in order to fulfill the conditions of short-term usucapion, provided at art. 1895 of the old Civil Code, it is necessary that the fair title to...

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Preliminary question on cross-border mergers and divisions

Austrian judge wonders about the resolution of conflicts of laws regarding cross-border mergers and divisions. (C-483/14 KA Finanz). Facts: 1. The possibility that the exempted area of the “Company...

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HCCJ. Credit agreement. Action for stating the absolute nullity of the clause...

See also the debate Abusive clauses, swiss francs and others alike [ JURIDICE DEBATES] The High Court of Cassation and Justice ruled that, according to the jurisprudence of The Court of Justice of the...

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Reiterating the criticism formed on appeal. Consequences

The High Court of Cassation and Justice ruled that the appeal is an extraordinary remedy, a method of reform, which is subject to judicial review by the judgment under appeal to the competent court for...

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