Romanian Law no. 151/2015 on the insolvency of physical persons. Participants in insolvency proceedings

Author:Adriana Deac
Position::Department of Law, Bucharest University of Economic Studies

On June 26, 20152, in Official Gazette no. 464, Law no. 151/2015 regarding the insolvency of natural persons, with the deadline for entry into force on 31.12.2015. However, at this time, the law does not have legal effects, its entry into force being repeatedly postponed, the last deadline set for this purpose being 01.01.2018. Unfortunately, the adoption of Government Ordinance no. 30/2017 for... (see full summary)

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