Pavel, Margarit & Associates Romanian Law Firm

How Can a Stock Exchange Lawyer in Romania Assist You in the Financial Recovery of Companies Listed on the Stock Exchange in Romania? Listed companies in Romania have a significant impact on the economic environment, as through the sale of shares, capital is attracted to finance large-scale projects that can contribute to economic growth and attract investments in Romania in the stock market in Romania (stock exchange in Romania). However, in a dynamic economic context, listed companies in Romania may face financial difficulties during the course of their business activity. The procedure of agreement with creditors in Romania represents a method of financial recovery and restructuring in Romania provided by the insolvency law, offering the possibility for listed companies in Romania to negotiate a restructuring plan with creditors who seek debt recovery in Romania. If the procedure of agreement with creditors in Romania (reorganization of the company in Romania) fails, the recovery method remains the insolvency proceedings in Romania. An example of such a case is represented by the situation of a large online furniture retailer in Romania, which did not receive approval for its restructuring plan and subsequently resulted in company insolvency in Romania. Given these companies’ exposure to the stock market in Romania, maintaining transparency and trust is essential. This article analyzes the procedure of agreement with creditors in Romania, the legal solutions available to listed companies, and how a corporate lawyer in Romania can provide assistance for financial reorganization in Romania to avoid opening of insolvency proceedings in Romania. The Romanian law firm Pavel, Mărgărit, and Associates recommends consulting a business lawyer in Romania to provide the highest quality legal assistance to listed companies in Romania facing economic difficulties that threaten their stability (reorganization of the company in Romania). Insolvency Lawyer in Romania. Procedure of Agreement with Creditors in Romania The procedure of agreement with creditors in Romania represents a method of economic recovery, being a legal solution available to listed companies to avoid the insolvency proceedings in Romania and maintain the continuity of their economic activity. This procedure presents numerous advantages for listed companies, such as the possibility of negotiating a restructuring plan with creditors, offering an option to avoid insolvency or bankruptcy procedures, and allowing the suspension of forced executions. The procedure of agreement with creditors in Romania begins with submitting a request to the competent court, which will include the report prepared by the appointed administrator analyzing the state of difficulty, the appointment of an administrator, and the debtor’s declaration that it does not fall into the exceptional situations of companies that cannot resort to the procedure of agreement with creditors in Romania. The procedure of agreement with creditors in Romania can also be initiated at the request of creditors holding a certain, liquid, and due claims in Romania, with the debtor’s agreement. A commercial lawyer in Romania can assist in identifying the best financial recovery solution (reorganization of the company in Romania) for listed companies in Romania so that they maintain their market reputation and continue their economic activity through company restructuring in Romania. Stock Exchange Lawyer in Romania. The Impact of the Procedure of Agreement with Creditors in Romania on Listed Companies When listed companies in Romania face financial hurdles, initiating the agreement with creditors in Romania can be a measure to save their economic activity, having a significant impact on market perception and individuals contributing investments in Romania in the stock market in Romania. Over time, judicial practice has seen situations where listed companies failed to obtain approval for their restructuring plan, which led them to company insolvency in Romania. An insolvency lawyer in Romania can guide companies facing such difficulties to avoid provoking a negative reaction in the stock market in Romania. In situations where the agreement with creditors in Romania is necessary, a business lawyer in Romania can ensure that the company’s interests are protected by providing assistance, including drafting a restructuring plan to avoid debt recovery in Romania from the creditors and to increase the chances of successful recovery of the company in Romania. Corporate Lawyer in Romania. Strategic Solutions for Listed Companies in Romania (Insolvency in Romania vs. Agreement with Creditors in Romania) For listed companies facing financial challenges, the options of agreement with creditors in Romania and insolvency proceedings in Romania can directly impact operational stability and reputation in the stock market in Romania (stock exchange in Romania). As mentioned earlier, the agreement with creditors in Romania and insolvency proceedings in Romania can directly impact operational stability and reputation involves negotiating a restructuring plan with creditors who are seeking debt recovery in Romania. This procedure represents a benefit, as it is a faster, more discreet, and financially advantageous solution, achievable only with the creditors’ support. On the other hand, insolvency in Romania represents a longer and more restrictive procedure in terms of operational control. Although insolvency in Romania is also a financial recovery tool (and a tool for debt collection in Romania for creditors), it can generate uncertainties among individuals who wish to make investments in Romania in the stock market in Romania, contributing to reduced investor confidence and negatively influencing commercial relations. A commercial lawyer in Romania can assist in analyzing the financial situation and proposing an efficient economic recovery strategy so that companies maintain their reputation in the stock market in Romania and ensure the continuity of their activity through company restructuring in Romania. Business Lawyer in Romania. How a Commercial Lawyer in Romania Can Help Listed Companies in the Procedure of Agreement with Creditors in Romania? An insolvency lawyer in Romania can be a key partner in the agreement with creditors in Romania for listed companies in Romania. A corporate lawyer in Romania can analyze the debtor’s economic situation, assist in drafting the necessary documentation, such as the request to open the procedure of agreement with creditors in Romania, prepare a plan for company restructuring in Romania, and assist in negotiations for payment deferrals or reductions of claims in Romania, among others. Furthermore, a stock exchange lawyer in Romania ensures that the debtor’s interests and legal regulations are respected, developing an effective strategy to maintain the company’s stability, prevent a drastic decline in share value, and increase the chances of reorganization in Romania. The Romanian law firm Pavel, Mărgărit, and Associates offers a wide range of legal services, including consulting on the opening of the procedure of agreement with creditors in Romania, analyzing or drafting related documentation, and proposing effective solutions tailored to each company. A business lawyer in Romania from the team can assist in any process to protect your interests. Do not hesitate to contact us by accessing the contact form on our website https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact us today for expert assistance tailored to your needs. Contact Us “A lawyer specializing in financial restructuring in Romania plays a crucial role in guiding companies through complex legal procedures, ensuring that each step of the recovery process complies with both legal regulations and the long-term interests of all parties involved,” stated Dr. Av. Radu Pavel, the Managing Partner of the Romanian law firm Pavel, Mărgărit, and Associates. In conclusion, the agreement with creditors in Romania can be an effective legal solution for listed companies in Romania facing financial difficulties. This solution allows a company in Romania to restructure their debts while maintaining commercial relationships without losing their position in the stock market in Romania. The Romanian law firm Pavel, Mărgărit, and Associates is internationally recognized for its legal expertise in restructuring in Romania and judicial reorganizations, and a stock market lawyer can offer quality legal expertise to ensure compliance with market regulations, negotiate with creditors who seek debt collection in Romania, and protect interests. The Romanian law firm Pavel, Mărgărit, and Associates is one of the top law firms in Romania, providing the highest quality legal services. Among the firm’s clients are large multinational and domestic companies. In 2024, the firm’s success stories earned it international recognition from the most prestigious legal directories and publications. Thus, Pavel, Mărgărit, and Associates ranked third in Romania in the Legal 500 business law firm ranking. The firm is also recognized by the IFLR 1000 Financial and Corporate 2024 guide. Furthermore, Pavel, Mărgărit, and Associates is the only law firm in Romania recommended by the international director Global Law Experts in London in the area of Dispute Resolution. All relevant information regarding Pavel, Mărgărit, and Associates can be found on the website www.avocatpavel.com.

Conditions and Essential Steps for Listing on the Capital Market At the Bucharest Stock Exchange listed companies (BVB), the number of listed companies has varied over the years. Currently, in 2025, there are 83 listed companies, both private and state-owned, operating in a regulated and transparent environment. In this context, listing on the stock exchange can be a strategic opportunity for any company looking to develop and attract capital. The listing process requires compliance with strict regulations but offers, in return, access to a broad investor market and greater visibility. The Romanian Law Firm Pavel, Mărgărit and Associates provides legal assistance and representation in corporate law, investments in Romania, stock exchange transactions and all stages of the listing process on BVB. A Stock exchange lawyer in Romania and a business lawyer in Romania provide specialized legal consultancy for registering as a company in Romania, transforming from an LLC into a joint stock company and opening businesses thus facilitating access to the capital market in Romania and contributing to meeting the conditions for stock exchange listing and ensuring long-term success. Conditions for Stock Exchange Listing and Essential Steps for Listing on the Capital Market To be part of the Bucharest Stock Exchange listed companies, a company must be a joint stock company (SA), have equity or a capitalization of at least 1 million euros, have at least 25% of shares available for trading, and have been active on the market for at least three years. There are two ways to issue shares on the stock exchange: selling new shares to raise funding or selling an existing share package by shareholders. In both cases, the decision must be approved by the Board of Directors and the General Meeting of Shareholders. For listing, there are three methods, namely initial Public Offering (IPO), which involves issuing new shares and requires a prospectus approved by authorities, private placement, addressed to a limited number of investors and does not require an approved prospectus, technical listing, which does not involve a share offering and only requires admission to trading, still needing a prospectus. The listing process involves a detailed analysis of the company’s legal and tax structure. In this regard, The Romanian Law Firm Pavel, Mărgărit and Associates, with the support of a Stock exchange lawyer in Romania, corporate lawyer in Romania and business lawyer in Romania from Corporate, Commercial and M&A Department, can provide legal assistance to guide company representatives throughout the listing process and ensure compliance with companies law. Transforming an LLC into a Joint Stock Company If, during the start a business in Romania, register as a company in Romania and launching a business in Romania, companies were established as LLCs, an important step for listing on the Bucharest Stock Exchange listed companies is their transformation from a limited liability company (LLC) into a joint stock company. The transformation process involves several stages. First, the company must amend its articles of incorporation to reflect the new legal requirements specific to a joint stock company, including changing the capital structure and company organization method. For example, under companies law, an LLC has share capital divided into shares, whereas in the case of a joint stock company, the capital is divided into shares that can be traded on the stock market in Romania. Another important stage is choosing an appropriate management system. In the case of an LLC, management is usually ensured by one or more shareholders or directors, whereas, in the case of a joint stock company, it must be handled by a Board of Directors, in accordance with the legal regulations under companies law. Additionally, the transformation involves adjusting the capital structure, considering that a joint stock company can issue shares distributed to shareholders and traded on the stock exchange. Furthermore, the company must establish an appropriate corporate governance system and ensure compliance with all regulations imposed by the Financial Supervisory Authority and the Bucharest Stock Exchange listed companies. These steps are essential to transition from an LLC to a joint stock company and prepare the company for stock exchange listing, providing access to capital from the capital market in Romania and the opportunity to attract investors. Investments in Romania and opportunities for starting a business in Romania Romania offers a favorable environment for starting a business in Romania and investments in Romania. In this context, companies looking to list on the Bucharest Stock Exchange listed companies can benefit from numerous opportunities to attract capital and expand in the local and international markets. The process of register as a company in Romania, starting a business in Romania and launching a business in Romania is simplified by business-friendly regulations and support from financial and governmental institutions. The Romanian Law Firm Pavel, Mărgărit and Associates provides legal services for register as a company in Romania, assisting clients in company formation in Romania, preparing necessary documentation, and offering specialized legal assistance in commercial law. Additionally, for companies looking to diversify their investment portfolios and participate in stock market in Romania transactions, investments in Romania can be a profitable opportunity. Listed companies in Romania are attractive to investors due to financial transparency and strict regulations that ensure their protection. The Romanian Law Firm Pavel, Mărgărit and Associates offers a wide range of legal services, including consultancy in stock market in Romania transactions, assisting companies in the stock exchange listing process, transforming from an LLC into a joint stock company, as well as all legal aspects of launching a business in Romania, starting a business in Romania and register as a company in Romania. A Stock exchange lawyer in Romania, corporate lawyer in Romania, or business lawyer in Romania provides innovative and effective legal solutions for any company looking to expand its business and invest in stock. Do not hesitate to contact us by accessing the contact form on our website https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact us today for expert assistance tailored to your needs. Contact Us “Transforming a company from an LLC to a joint stock company is an essential step for accessing the capital market in Romania and attracting financing. This process involves amending the articles of incorporation, adjusting the capital structure, and adopting a management system in accordance with current regulations. Additionally, it is essential for the company to comply with the requirements imposed by law to ensure transparency and investor protection,” said Dr. Radu Pavel, the Managing Partner of The Romanian Law Firm Pavel, Mărgărit and Associates. In conclusion, stock exchange listing on the Bucharest Stock Exchange listed companies represents a strategic opportunity for companies looking to attract capital, increase visibility, and benefit from a regulated and transparent framework. The process involves compliance with strict companies law requirements, but companies that choose stock exchange listing can enjoy multiple financial and strategic advantages. The Romanian Law Firm Pavel, Mărgărit and Associates supports companies at all stages of this process, providing specialized legal consultancy in Corporate Law, Commercial law and invest in stock transactions for listed companies in Romania.Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

What legal solutions can be adopted in case of a dispute with ANAF? Recently, the National Agency for Fiscal Administration (ANAF in Romania) has intensified controls regarding money transfers between individuals, including transfers between relatives. The purpose of ANAF’s inspections is to sanction illicit transactions and combat tax evasion related to incomes whose source cannot be justified. According to Law No. 296/2023 on certain fiscal-budgetary measures to ensure Romania’s long-term financial sustainability, a 70% tax is applied to incomes that ANAF in Romania cannot identify, and the tax authority issues a tax notice of assessment in Romania for individuals in this regard. This article analyzes the legal ways to conduct money transfers, types of disputes taxpayers may have with ANAF regarding tax liabilities, and legal solutions available to taxpayers in case of an abusive notice of assessment in Romania. The Romanian law firm Pavel, Mărgărit & Associates recommends consulting a tax lawyer in Romania or an administrative attorney in Romania who can provide legal assistance and representation in any type of dispute of tax law in Romania with tax authorities and advise on conducting transactions legally to avoid unjustified taxation. Tax lawyer in Romania. How to transfer money between relatives without facing tax issues? A tax assessment in Romania for individuals represents a document issued by the National Agency for Fiscal Administration (ANAF in Romania) that establishes a payment obligation. Most often, a tax assessment in Romania is issued after the tax authority verifies certain transactions and determines that they cannot be justified. The Fiscal Code defines taxable and non-taxable income categories, and upon reviewing the relevant articles, it becomes evident that donations are not subject to taxation. Thus, money transfers between relatives can be considered donations, and to justify them, it is advisable to conclude a donation contract in an authentic form. Furthermore, for monetary transfers, it is recommended to use precise notations to clearly indicate the nature of the payments. The absence of supporting documents may lead to the issuance of a notice of assessment in Romania for individuals and the application of a 70% tax on funds whose origin cannot be justified. A lawyer for taxes in Romania can provide legal advice on carrying out transactions, including drafting a donation contract to outline the nature and purpose of the transfer. This ensures that, in the event of a tax audit, ANAF does not misinterpret the transfer and issue a tax notice of assessment in Romania. Administrative lawyer in Romania. Types of disputes with ANAF In practice, various disputes may arise between ANAF and taxpayers, particularly in cases of contesting a decision of tax assessment in Romania for incomes with an unjustified origin. Often, the tax authority may consider certain sums as taxable income if there are no documents proving their source, applying a 70% tax. However, there are situations where these incomes are not taxable, leading taxpayers to contest ANAF’s decision of tax assessment in Romania. Another common type of dispute involves forced execution for tax debts. If a taxpayer opposes this, they can file an objection to enforcement. Another example of disputes with tax authorities relates to the statute of limitations for establishing tax liabilities. It may happen that the tax authority issues a tax notice of assessment in Romania, and the taxpayer contests it based on the five-year statute of limitations as stipulated in the Fiscal Procedure Code in Romania. An administrative law lawyer in Romania or an administrative attorney in Romania can provide top-quality legal representation in disputes of tax law in Romania by drafting a tax appeal in Romania and representing taxpayers in court. Fiscal lawyer in Romania. How can a lawyer assist in administrative litigation issues? When a taxpayer faces tax-related issues regarding legal money transfers between relatives and the risk of a 70% tax being applied, consulting a lawyer for taxes in Romania is crucial for protecting their rights and avoiding penalties. The verification process relies on supporting documents such as a donation contract or payment proofs that include detailed transaction descriptions. An administrative law lawyer in Romania can assist in drafting a donation contract and provide legal support in case of disputes with ANAF in Romania by contesting the tax assessment decision and representing the taxpayer in both administrative procedures and court proceedings. An administrative attorney in Romania plays a key role in managing tax litigation, acting as a crucial partner in handling tax disputes and offering taxpayers effective defense strategies. Lawyer for taxes in Romania. Legal solutions for abusive tax assessment decisions An abusive decision of tax assessment in Romania can significantly impact taxpayers, which is why the Fiscal Procedure Code in Romania allows to appeal a decision in Romania within 45 days from the date of notification, under penalty of forfeiture. According to the provisions of the Fiscal Procedure Code in Romania, a tax appeal in Romania objection may be fully or partially admitted or rejected. If a favorable outcome is not obtained, a taxpayer can take the case to an administrative court to request annulment of the imposed tax liability. An administrative lawyer in Romania can provide specialized legal assistance and representation before the administrative court to challenge the decision of tax assessment in Romania. The Romanian law firm Pavel, Mărgărit & Associates has extensive experience in tax law in Romania, particularly to appeal a decision in Romania. A fiscal lawyer in Romania can assist in any legal action aimed at protecting taxpayers’ interests. For legal consultation, contact a tax attorney in Romania from our firm by accessing the contact form on our website: https://www.avocatpavel.com/contact-us/ to benefit from the best legal solutions. Don’t navigate these challenges alone. Contact us today for expert assistance tailored to your needs. Contact Us “Taxpayers have the right to challenge any decision of tax assessment in Romania that unjustifiably affects their financial interests. A specialized approach by an administrative lawyer in Romania is recommended to protect taxpayers’ rights and interests,” stated Dr. Av. Radu Pavel, Managing Partner of the Romanian Law Firm Pavel, Mărgărit & Associates. In conclusion, for abusive tax assessment decisions, taxpayers have multiple legal solutions available, from tax appeal in Romania to taking legal action in court. The recent application of a 70% tax on money transfers between relatives has sparked controversy, which is why the Romanian law firm Pavel, Mărgărit & Associates recommends consulting a tax attorney in Romania who can provide specialized advice on properly documenting transactions and complying with legal requirements. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Foreign Direct Investments in Romania: Opportunities, Regulations, and Legal Assistance Foreign direct investments in Romania play an essential role in the country’s economic development, significantly impacting job creation, technology transfer, and the strengthening of key sectors. However, global economic developments and the geopolitical context have influenced the flow of FDI in Romania in recent years. Although a decrease was recorded in 2023, Romania remains an attractive destination for foreign investments in Romania, offering a favorable legal framework and opportunities in various industries. The Romanian Law Firm Pavel, Mărgărit and Associates recommends that investors apply for specific legal consultancy services, including assistance with company formation, business structure optimization, mergers and acquisitions (M&A in Romania), FDI investment in Romania, real estate investing in Romania, intellectual property protection (patents, trademarks, copyrights), managing real estate transactions through a real estate lawyer in Romania, and ensuring compliance with local and international regulations. These services will help protect the interests and foster the development of investors’ businesses in Romania. Statistics and legal status of Foreign Direct Investments in Romania (FDI investment in Romania) In 2023, Romania attracted foreign direct investments in Romania worth EUR 6.748 million, marking a 36.3% decrease in the country rating (Fitch) compared to the previous year. This comes after two years of growth, following a record level of EUR 10.587 million in 2022. The negative trend is due to global trends and is mainly influenced by economic uncertainties and geopolitical tensions, generated by the prolonged war in Ukraine and the conflict in the Middle East. In this context, foreign investors in Romania and business investors in Romania have adopted a more cautious strategy regarding international expansion. The decline in FDI in Romania and foreign development investment in Romania brings Romania back to the levels of previous years. Between 2020 and 2022, the foreign investments in Romania increased steadily, from EUR 3.01 billion in 2020 to a peak of EUR 10.58 billion in 2022, followed by a significant decrease in 2023, when they reached EUR 6.74 billion. Foreigners’ right to own property resulting from foreign direct investments in Romania Foreign investors in Romania have the right to own and manage property resulting from foreign direct investments in Romania, benefiting from national treatment and free access to the domestic market. Investors can set up and manage businesses, participate in the economic circuit, and enjoy many other benefits. on the ownership of buildings and commercial assets, foreign individuals (foreign investors in Romania and business investors in Romania) cannot own land in Romania, but they can acquire it through a company established in Romania. A real estate lawyer in Romania from The Romanian Law Firm Pavel, Mărgărit and Associates can offer essential assistance to foreign investors in Romania who wish to purchase, own or manage real estate in Romania. A specialized lawyer offers legal advice to foreign investors regarding the entire legislative framework applicable in Romania to avoid risks in transactions and beyond. Double taxation conventions regarding FDI investment in Romania Romania has signed several double taxation avoidance conventions and bilateral investment treaties, including with the United States, to support foreign direct investments in Romania and long term investment in Romania. These agreements provide clear rules for the taxation of income and investor protection, ensuring fair treatment and preventing double taxation. Guarantees against expropriation and compensation The legislation regarding foreign investments in Romania guarantees protection in the areas of nationalization, expropriation, and other equivalent actions, offering investors the possibility to choose the competent court for resolving any disputes. However, some claims related to properties nationalized during the communist period have not been resolved, which is why foreign investors in Romania and business investors in Romania should conduct a thorough check of the property titles issued to ensure that the properties are not subject to restitution claims. In the case of expropriation for public utility purposes, an expropriation lawyer in Romania from The Romanian Law Firm Pavel, Mărgărit and Associates can provide legal advice, assist in the correct evaluation of compensation, and represent the investors’ interests before the authorities, ensuring that the process is carried out in accordance with the expropriation law in Romania. Protection provided to foreign investors through intellectual property rights in Romania Romania has made significant progress in protecting intellectual property rights in Romania, aligning with European Union legislation and relevant international treaties. Foreign investors in Romania benefit from protection of foreign development investment in Romania for patents, trademarks and copyrights, and the country has adopted measures to improve transparency and enforcement. Romanian authorities work closely with international institutions to combat counterfeiting and protect intellectual property rights in Romania, including coordination with the European Commission and anti-fraud offices. A corporate lawyer in Romania or business lawyer in Romania provides legal services for investors, including consultancy on business formation and structure, mergers and acquisitions (M&A in Romania), and intellectual property regulations. The team of lawyers at The Romanian Law Firm Pavel, Mărgărit and Associates assists foreign investors in Romania in protecting intellectual property rights, including patents, trademarks, and copyrights, offering solutions to prevent and manage disputes. Additionally, a corporate lawyer in Romania or business lawyer in Romania can provide legal assistance to investors in negotiating and drafting commercial contracts, complying with internal and international regulations, and optimizing business operations, ensuring a safe and compliant business environment for foreign direct investments in Romania and foreign investors in Romania. Sectors and industries covered by FDI investment in Romania In Romania, foreign direct investments in Romania and long term investment in Romania play a significant role in the country’s economic development, contributing to job creation, increased exports, and the transfer of advanced technologies. FDI in Romania covers a wide range of sectors and industries, each having a significant impact on the national economy. Foreign investors in Romania have identified significant opportunities in diverse sectors such as IT, the automotive industry, energy and mineral resources, retail and commerce, healthcare, transportation and logistics and the financial and banking sector. “Foreign direct investments in Romania are supported by a favorable legal framework that covers key sectors, offering investors a conducive environment for development and legal protection,” said Dr. Radu Pavel, Managing Partner of the Romanian Law Firm Pavel, Mărgărit and Associates. Do not hesitate to contact us by accessing the contact form on our website https://avocatpavel.com/contact/ to discuss investment opportunities and the legal assistance needed for foreign direct investments in Romania and foreign development investment in Romania. Don’t navigate these challenges alone. Contact us today for expert assistance tailored to your needs. Contact Us Romania continues to offer a favorable environment for foreign direct investments in Romania, through an adapted legislative framework and effective protection measures for investors. With diverse economic sectors and clear regulations regarding intellectual property rights, expropriation, and international treaties, the country remains an attractive place for investors in Romania who wish to expand their businesses. Adequate legal consultancy is essential to navigate these opportunities and minimize legal risks. The Romanian Law Firm Pavel, Mărgărit and Associates recommends turning to the services of a real estate lawyer in Romania, corporate lawyer in Romania, or business lawyer in Romania to ensure specialized legal consultancy tailored to the needs of each investor. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

How to effectively challenge a dismissal decision through a labor lawyer in Romania? As provided in labor legislation, a legal employment relationship between an employee and an employer is governed by an employment contract in Romania, either an individual work contract in Romania or a collective labor agreement in Romania. The most common type of work contract in Romania is the open-ended employment contract in Romania. This is considered a stable and long-term beneficial type of contract, ensuring continuity and security in the professional relationship. Recently, there has been a significant increase in dismissals across Europe, including in Romania, leading to work disputes in Romania between employees and employers. To cope with economic difficulties, more and more companies in Europe have resorted to mass dismissals, undergoing internal restructuring procedures. In practice, it has been observed that, in most cases, employers resort to forced dismissal in Romania (dismissal for reasons unrelated to the employee), which is often an unjustified dismissal, having a devastating impact on well-intentioned employees who receive such a dismissal decision in Romania. Additionally, among other frequently encountered types of dismissals are dismissal during the probationary period and disciplinary dismissal in Romania. Summarizing the types of dismissals practiced, they fall into two main categories: Dismissal for reasons unrelated to the employee and dismissal for reasons related to the employee. The Romanian law firm Pavel, Mărgărit and Associates is a law firm who provides employment law services in Romania, and is internationally recognized for its expertise in work disputes in Romania. A labor lawyer in Romania from the team can assist you in protecting employee rights under labor law in Romania by reviewing a labor agreement in Romania, analyzing clauses of an employment contract in Romania, appealing a dismissal decision in Romania, and representing clients in labor litigation before the court. Employment solicitors in Romania. Rising dismissals in Europe Dismissals represent a significant issue in the current economic context, especially as their number has increased considerably in recent times. In many European countries, forced dismissal is a common practice, leaving employees in a disadvantaged position when it comes to protecting their rights according to the labor law in Romania. In this regard, this method of terminating an individual employment contract in Romania or a collective labor agreement in Romania is carried out through a dismissal decision in Romania. A dismissal decision in Romania is a unilateral legal act issued by an employer to terminate an open-ended or fixed-term labor agreement in Romania. The employer is required to justify the decision and include the notice period, contract termination date, right to challenge the decision, and other elements related to the legality of the dismissal. An employment attorney in Romania can provide expert legal advice by carefully reviewing a work contract in Romania and its clauses, as well as offering legal solutions for employees facing forced dismissal in Romania. Employment lawyer in Romania. Types of dismissal in Romania and employee rights under labor law in Romania The labor code in Romania provides for two main categories of dismissal: Dismissal for reasons unrelated to the employee and dismissal for reasons related to the employee. Regarding dismissal for reasons unrelated to the employee, this refers to the termination of an individual employment contract in Romania due to the elimination of the employee’s job position, for one or more reasons unrelated to the individual. The elimination must have a serious and real cause, and employees are entitled to active measures to combat unemployment and may receive compensation as provided by law. In general, dismissed employees are entitled to a notice period of at least 20 working days, except in the case of dismissal during the probationary period. Another reason for dismissal is for reasons related to the employee. The labor code in Romania provides for several situations in which this type of dismissal can occur: a) Disciplinary dismissal in Romania – if the employee has committed a serious violation or repeated breaches of work discipline rules, the individual work contract in Romania, the applicable collective labor agreement in Romania, or internal regulations. b) If the employee is placed in preventive detention or house arrest for more than 30 days. c) If the competent medical examination authorities determine that the employee has a physical and/or mental incapacity preventing them from performing their job duties. d) If the employee is deemed professionally unfit for the job. A labor law attorney in Romania can provide legal assistance and representation to prevent an abusive dismissal in Romania and ensure that employee rights under labor law in Romania are respected. Employment attorney in Romania. Legal solutions for challenging a dismissal decision in Romania in cases of forced dismissal in Romania The labor code in Romania includes clear provisions and defined sanctions for unjustified dismissals. In practice, employers often impose dismissals without cause or forced dismissals in Romania, which restrict employee rights in the employment relationship. In such cases, the employee can file a legal challenge against the dismissal decision in Romania in court. In court, the employer cannot invoke reasons for dismissal other than those stated in the dismissal decision in Romania. The court will analyze the legal situation and framework, and if it determines that the dismissal decision in Romania was unlawful, it may annul it and order the employer to pay compensation equal to indexed, increased, and updated salaries, along with any other entitlements the employee would have received. The employee has the right to request reinstatement, but if they do not request this, the labor agreement in Romania is legally terminated. A labor lawyer in Romania can be a key factor in work disputes in Romania, offering the best legal solutions to protect employee rights. Labor law attorney in Romania. How can companies legally dismiss employees? As previously mentioned, employers can order dismissals for reasons unrelated to the employee and reasons related to the employee. The first type of dismissal involves eliminating the employee’s job position, which must have a real and serious cause. Only under these conditions can an employer legally terminate a labor agreement in Romania through dismissal for reasons unrelated to the employee. For dismissals related to the employee, the situation must fit within one of the scenarios listed above. In general, the employer must issue the dismissal decision in Romania within 30 calendar days from the date the cause for dismissal was determined. If the dismissal is based on a disciplinary offense, several factors must be considered, such as: the severity of the offense, the circumstances under which it was committed, the degree of employee fault, the consequences of the disciplinary offense, the employee’s general workplace behavior, any prior disciplinary sanctions. Dismissal for a serious offense or repeated violations of work discipline can only occur after the employer has conducted a disciplinary investigation. Employment solicitors in Romania can assist in appealing a dismissal decision in Romania and representing employees in court to defend their rights. The Romanian law firm Pavel, Mărgărit and Associates, a law firm providing employment law services in Romania, has extensive experience in labor law in Romania, particularly when it comes to appeal a decision in Romania. An employment lawyer in Romania from the team can assist you in any steps to protect your interests. For legal consultation, contact a labor law attorney in Romania from the firm by accessing the contact form on our website, https://www.avocatpavel.com/contact-us/ to benefit from the best legal solutions. Don’t navigate these challenges alone. Contact us today for expert assistance tailored to your needs. Contact Us “We have noticed that, in practice, many abusive dismissals in Romania are being issued, which is why it is important for an employment attorney in Romania to assess the situation and provide a solution to protect employee rights,” said Dr. Av. Radu Pavel, the Managing Partner of the Romanian Law Firm Pavel, Mărgărit and Associates. In conclusion, employee dismissal is a complex procedure with strict regulations under labor law in Romania, and employers must comply with them to avoid employment disputes or sanctions. Given that the European economy is constantly changing and more and more European companies are resorting to forced dismissal in Romania, Pavel, Mărgărit & Associates, a law firm that provides employment law services in Romania, recommends that employment solicitors in Romania draft the document to appeal a decision in Romania and provide representation in court to ensure that all relevant legal provisions are respected.

Legal solutions for a risk-free property purchase When looking to purchase land or a house, a prior legal verification of the real estate in Romania is essential. Buying real estate in Romania represents a significant investment, which is why a thorough analysis of all relevant aspects of the purchase of real estate in Romania is required, involving numerous documents and procedures that demand heightened attention. To complete this transaction while avoiding potential risks, it is necessary to conduct detailed checks, such as analyzing documents that certify the right of ownership in Romania, obtaining an excerpt from the land book in Romania, verifying the town planning certificate in Romania, the fiscal certificate in Romania, and the cadastral plan extract, as well as carrying out any necessary procedures to ensure a legally clear situation. The Romanian law firm Pavel, Mărgărit and Associates recommends consulting a real estate lawyer in Romania to conduct due diligence regarding the purchase of real estate in Romania, with the purpose of identifying potential risks or hidden issues. A property lawyer in Romania will draft a due diligence report in Romania detailing the conclusions of the conducted verifications. It is crucial for a buyer to have a clear legal perspective regarding their investment and to ensure that there are no impediments that could affect the transaction. A due diligence report in Romania contributes to the buyer’s decision to either continue negotiations or withdraw from the purchase. Additionally, a due diligence lawyer in Romania can assist in drafting a pre sale purchase agreement in Romania and, subsequently, sale and purchase agreements in Romania for real estate (SPA in Romania), ensuring that no abusive contractual clauses in Romania are included or that issues leading to the contract cancellation in Romania or contract termination in Romania arise. Real estate litigation lawyer in Romania. Verification of property documents in Romania Before completing a purchase of real estate in Romania, it is essential to know the current owner of the property being sold to ensure that the transaction is legally valid. Therefore, verifying the documents that attest the right of ownership in Romania is required, such as sale and purchase agreements in Romania (SPA in Romania), a donation agreement, an heir certificate if the land or house was inherited, or a final court decision if ownership rights were granted by a court ruling. There are cases where the right of ownership in Romania was granted decades ago through a court decision, and the documents may have been lost. In such cases, steps can be taken at national archives that hold the respective court ruling. This analysis serves as a confirmation that the seller is the rightful owner and that no other individuals have claims to the land or house. Before signing sale and purchase agreements in Romania (SPA in Romania), a property lawyer in Romania can assist in reviewing the property documents in Romania, eliminating the risk of purchasing a property with legal issues or becoming a victim of real estate fraud. This prior verification is necessary to avoid situations where sale and purchase agreements in Romania must be annulled. Property lawyer in Romania. Extract of land book in Romania Analyzing the cadastral situation and property registration is another crucial aspect when purchasing real estate in Romania. This process requires obtaining an excerpt from the land book in Romania, as it is an official document issued by the Office of Cadastre and Real Estate Publicity that provides an updated overview of the land or house. By obtaining an excerpt from the land book in Romania, details such as the current owner, any encumbrances on the property (mortgages, transfer restrictions) that may hinder the sale, the property’s area, and more can be confirmed. It is important to ensure that the seller is the sole owner, as if there are multiple co-owners, their consent is also required. Furthermore, another document that can be obtained from the Office of Cadastre and Real Estate Publicity is a cadastral plan extract. A cadastral plan extract complements the excerpt from the land book in Romania and contains clear information about the positioning, area, and boundaries of the property. Analyzing this document is essential to verify positioning, potential overlaps with other properties, and access to public roads, thus determining exact boundaries. A real estate lawyer in Romania can help review the cadastral documentation before signing sale and purchase agreements in Romania to prevent potential legal disputes arising from real estate issues. Due diligence lawyer in Romania. Verification of construction authorization in Romania and town planning certificate in Romania If the sale involves a house, it is necessary to check whether it has a construction authorization in Romania. A construction authorization in Romania confirms that the building was legally constructed and approved by local authorities. If such a permit does not exist, potential disputes with neighbors or local authorities may arise, posing risks to property rights. Additionally, analyzing an town planning certificate in Romania is crucial, as it provides information regarding the land’s urban zoning regulations. A town planning certificate in Romania indicates construction restrictions, such as the type of buildings allowed, permissible construction height, connections to sewage, gas, and water networks, as well as whether the property is classified as a historical monument. It is recommended that a real estate litigation lawyer in Romania conduct a thorough analysis of the construction authorization in Romania and town planning certificate in Romania to ensure that the construction was carried out in compliance with the law. Real estate lawyer in Romania. Signing a pre sale purchase agreement in Romania A preliminary step in the process of buying or selling land or a house is signing a pre sale purchase agreement in Romania, which is a contract where the parties commit to signing a future sale-purchase agreement, typically including an advance payment as a guarantee for finalizing the contract. A pre sale purchase agreement in Romania includes details regarding the transaction price, the date of property transfer, the obligations of the parties, the refund conditions of the advance payment in case the transaction does not go through, and any other relevant aspects for concluding the final contract. It is important to note that a sale promise does not transfer ownership rights; it only ensures that the transaction will take place. The signing of an SPA in Romania represents the final step in a real estate transaction, having the legal effect of transferring property ownership. A real estate sale-purchase agreement must be concluded in an authentic form before a notary and must include details such as the identity of the parties, the agreed price and payment method, and the obligations of both the seller and the buyer. A property lawyer in Romania can assist in drafting a pre sale purchase agreement in Romania or a sale-purchase agreement to ensure that no abusive contractual clauses in Romania are included and to eliminate the possibility of contract cancellation in Romania or contract termination in Romania. “When purchasing a house or land, it is necessary to conduct a thorough verification of the property documents in Romania to avoid future risks and disputes. A comprehensive due diligence process is required before signing a sale-purchase agreement,” stated Dr. Av. Radu Pavel, Managing Partner of the Romanian Law Firm Pavel, Mărgărit and Associates. The Romanian law firm Pavel, Mărgărit and Associates has extensive experience in conducting due diligence and drafting a due diligence report in Romania regarding real estate purchases. Their lawyers can assist in any legal process to protect clients’ interests. For legal consultation, contact a real estate litigation lawyer in Romania from the firm by filling out the form on their website: https://www.avocatpavel.com/contact-us/ to benefit from the best legal solutions. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us In conclusion, purchasing real estate is a significant investment, making it essential to thoroughly analyze the documents that establish ownership rights, as well as cadastral, registration, and construction-related documents. Due diligence conducted by a due diligence lawyer in Romania is crucial before signing a real estate sale-purchase agreement, and legal assistance can play an important role throughout the entire real estate acquisition process. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

How to contest an ANRP decision in Romania? Property rights are an essential attribute of society, and the issue of properties abusively taken over by the state has been a continuous concern over time, making the process of property restitution in Romania increasingly complex. A current controversial aspect is Government Ordinance No. 10/2025, which stipulates the suspension of the issuance of payment titles (based on compensation points in Romania) for 2025 by ANRP in Romania (The National Authority for Property Restitution in Romania) based on the provisions of Law No. 165/2013 concerning measures to finalize the process of property restitution in Romania, either in kind or by equivalent, of properties abusively taken over during the communist regime in Romania. Recently, ANRP in Romania published a statement regarding the status of resolution of the property files in Romania as of 10.02.2025. According to the statement, a total of 69,339 property files in Romania were registered by the mentioned date, of which 4,070 were submitted after 10.02.2020. The number of resolved ANRP property files in Romania stands at 59,362. The decisions issued by ANRP in Romania can create difficult situations with significant economic implications, which is why the Romanian law firm Pavel, Mărgărit and Associates recommends consulting a restitution lawyer in Romania who can provide legal assistance and representation in land litigation by appealing a decision in Romania and obtaining ANRP compensation (based on compensation points in Romania), ensuring that right of ownership in Romania is respected. Real estate lawyer in Romania. ANRP decisions based on market evaluation In Romania, the authority responsible for handling matters in property restitution in Romania is ANRP in Romania (The National Authority for Property Restitution), which has the competence to resolve restitution requests for properties that were abusively taken, violating the right of ownership in Romania. Given the high volume of cases, the resolution of ANRP compensation claims can be significantly delayed, increasing the risk of incorrect ANRP compensation payments. To address this, Law No. 165/2013 established the CNCI in Romania (National Commission for Property Compensation). After evaluating the real estate in Romania, CNCI in Romania issues a compensation decision, with compensation estimated in compensation points in Romania. Considering the above, it is advisable to seek a property lawyer in Romania who can analyze the situation and provide specialized guidance, maximizing the chances of obtaining ANRP compensation points in Romania. Generally, restitution is carried out in kind; however, if this is not possible, compensation will be granted in equivalent value. Restitution lawyer in Romania. How to appeal an ANRP decision? Given potential errors in practice, there is the possibility of appealing a decision in Romania within 30 days from the date of decision communication. Appealing a decision in Romania aims to reassess the previous decision, correctly evaluate the property based on the notary grid, and recalculate compensation. The main reason for low compensation amounts is the under-evaluation of real estate in Romania. Proper property evaluation is conducted using the notary grid, which serves as an instrument for real estate market assessment. A property lawyer in Romania can be the key element in real estate disputes in Romania, assisting with the correct drafting of the appeal while managing legal risks. “In real estate disputes in Romania, a real estate lawyer in Romania not only provides the necessary expertise to navigate the complexity of the laws but also protects your rights and ensures that every step is taken in accordance with the law,” stated Dr. Av. Radu Pavel, Managing Partner at the Romanian Law Firm Pavel, Mărgărit and Associates. The Romanian law firm Pavel, Mărgărit and Associates has extensive experience in real estate disputes in Romania, and its lawyers can assist you in any legal action to protect your right of ownership in Romania. For legal consultation, contact a restitution lawyer in Romania from our team by accessing the contact form on our website: https://www.avocatpavel.com/contact-us/  to benefit from the best legal solutions. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us The postponement of payments for nationalized houses can create financial difficulties for individuals whose property rights have been violated. The process of property restitution in Romania or the ANRP decision appeal can present significant legal challenges, which is why the Romanian law firm Pavel, Mărgărit and Associates recommends consulting a real estate lawyer in Romania who can provide expert legal advice, maximizing the chances of a favorable resolution for ANRP compensation claims. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

How to appeal an ANPC decision? The National Authority for Consumer Protection (ANPC) has intensified its series of inspections on companies in Bucharest, imposing severe sanctions for non-compliance with consumers’ rights in Romania. Many companies have faced suspension of operations due to violations identified through ANPC complaints, with fines for consumer protection in Romania and other legal sanctions being imposed. According to the consumer law in Romania, ANPC is authorized to verify whether companies comply with consumer rights in Romania and specific regulations. Among the main reasons for suspending operations are the sale of expired or non-compliant products, the lack of clear ingredient labels, unfair commercial practices, missing necessary authorizations, and refusal to resolve consumer protection complaints in Romania. The Romanian Law Firm Pavel, Mărgărit and Associates provides a wide range of legal services aimed at protecting consumers’ rights in Romania, including assistance in appealing ANPC decisions, filing and submitting consumer protection complaints in Romania and representing clients in front of competent courts. The National Authority for Consumer Protection (ANPC) has suspended the operations of several companies in Bucharest and imposed consumer protection fines in Romania due to serious violations of consumer protection in Romania and consumer law in Romania. These measures are designed to safeguard consumers’ rights in Romania, including the right to accurate information, the right to make free choices, the right to health and safety protection, and the right to receive products and services compliant with quality standards. ANPC’s decisions were made following detailed ANPC inspections of various firms that failed to adhere to the applicable consumer laws and regulations in Romania and consumer product safety regulations in Romania. This suspension of operations can be considered a severe but necessary measure to prevent consumer abuses and enforce compliance with consumer law in Romania, consumer protection laws in Romania and consumer protection regulations in Romania. Among the most frequent violations identified following ANPC complaints are misleading advertising, the sale of counterfeit products, the absence of essential consumer information, and non-compliance with product return terms or refund procedures in case of contract withdrawal. However, beyond the suspension of operations, ANPC actively engages in resolving various consumer protection complaints in Romania received from affected individuals. The institution handles any ANPC complaint that may lead to sanctions and also resolves disputes between consumers and providers of products and services. Litigation lawyer in Romania. How to appeal an ANPC decision? When a company disagrees with an ANPC decision, it has the option to contest it. Any decision issued by consumer protection authorities can be challenged in the competent bodies and courts. Contesting an ANPC decision must follow the steps set out by national legislation, consumer protection laws and regulations in Romania, consumer laws and regulations in Romania, consumer product safety regulations in Romania and the process can be complex for those unfamiliar with legal norms and procedures. In such situations, individuals can seek assistance from The Romanian Law Firm Pavel, Mărgărit and Associates, which provides support in contesting ANPC decisions. A consumer rights attorney in Romania will help clients understand exactly what each step of the process entails and prepare a well-argued ANPC complaint. The consumer law attorney in Romania can request a review of the imposed sanction or even annul the decision if it does not comply with the legal norms or if errors are found in the process of applying consumer protection fines in Romania or other sanctions. Moreover, The Romanian Law Firm Pavel, Mărgărit and Associates is prepared to represent consumers in court or before competent authorities, protecting their consumers’ rights in Romania with a professional approach and a well-structured litigation strategy. Consumer law attorneys in Romania will analyze every aspect of the ANPC complaint and intervene efficiently to ensure the respect of consumers’ rights in Romania in any context, including in court. Consumer rights attorney in Romania and consumer law attorney in Romania. How to avoid an ANPC complaint? To avoid an ANPC complaint, companies must comply with consumer protection laws in Romania, ensuring their products and services meet current regulations. It is essential for companies to provide clear and accurate information to consumers and to have an efficient process for managing consumer protection complaints in Romania. Companies need to implement internal procedures for swiftly addressing issues and train employees in consumers’ rights in Romania. In the event of an ANPC inspection, The Romanian Law Firm Pavel, Mărgărit and Associates can offer legal advice to resolve conflicts and avoid sanctions. These measures help companies protect consumer rights in Romania and prevent any form of legal penalties. “In the context of the current legislation, it is crucial that every company understands the risks associated with failing to comply with consumer protection laws in Romania. An ANPC complaint or a consumer protection complaint in Romania can lead to significant financial penalties and damage the company’s reputation. Rigorous ANPC inspections are often conducted to verify compliance with regulations, and a consumer protection lawyer in Romania can assist in preventing such situations by implementing proper and compliant procedures. In the case of disputes, a litigation lawyer in Romania can offer effective solutions to contest any sanctions and protect the company’s interests. The Romanian Law Firm Pavel, Mărgărit and Associates helps companies ensure they comply with all regulations, thus avoiding the risk of ANPC complaints or ANPC inspections,” said Dr. Radu Pavel, the Managing Partner of The Romanian Law Firm Pavel, Mărgărit and Associates. A consumer rights attorney in Romania is ready to provide expert consumer law advice in Romania for both companies and consumers. If you are a company looking to avoid legal risks and ANPC sanctions, or a consumer who needs assistance with resolving an ANPC complaint or protecting consumer rights in Romania, do not hesitate to contact us by accessing the contact form on our website https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us In conclusion, complying with regulations regarding consumer protection in Romania is essential to avoid potential ANPC complaints and ANPC inspections that can affect both the reputation and operations of a company. At the same time, consumers must be aware that they have legal resources available to protect their consumer rights in Romania and to seek assistance in the face of abuses. The Romanian Law Firm Pavel, Mărgărit and Associates together with the team of consumer law attorney in Romania stands by those in need of legal advice in this field, offering support to ensure compliance with consumer protection laws in Romania and to resolve any disputes in a fair and efficient manner. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

What legal solutions are available to contractors and beneficiaries? In November 2024, the Romanian Constitutional Court issued a highly significant decision regarding the construction and real estate sector. The subject of the constitutional challenge was the legal provision stating: “Upon filing a lawsuit, the court may be requested to suspend the construction or demolition permit and halt the execution of works until a final decision is reached on the merits of the case,” as per Article 12, paragraph (2) of Law 50/1991. Decision no. 643/2024 came into effect in January 2025, making this measure mandatory rather than optional. As a result, if a construction permit in Romania is contested, the building construction in Romania will be suspended until a final ruling is issued. This ruling will have a major impact on the construction sector, as projects may be halted for extended periods due to legal disputes. This article explores legal solutions available to contractors and beneficiaries, recommended contractual clauses in Romania to mitigate risks, legislative recommendations, risk allocation in a contract for construction work in Romania, civil liability in Romania, etc. The Romanian law firm Pavel, Mărgărit and Associates, with extensive experience in real estate and construction law, is internationally recognized for handling high-profile real estate disputes in Romania. A real estate lawyer in Romania can be a crucial partner in navigating challenges of construction authorization in Romania, providing top-tier legal assistance and representation in construction disputes in Romania. Property lawyer in Romania. How can contractors recover losses during work suspension? To protect the financial interests of contractors and avoid significant risks in public procurement contracts, it is recommended to include contractual clauses in Romania that provide for compensation in case of losses, price adjustments in unforeseen circumstances, recovery of damages from bad-faith challengers, and the suspension of building construction in Romania. Incorporating contractual clauses in Romania covering force majeure events or disputes of construction authorization in Romania is essential to mitigate risks that could significantly impact project execution. A real estate lawyer in Romania can provide essential support to contractors and beneficiaries in navigating the legal risks associated with construction disputes in Romania. It is advisable to have a contract for construction work in Romania with solid guarantees against legal obstacles and without abusive clauses that could trigger claims for civil liability in Romania. Construction lawyer in Romania. What are contractors’ options if a contract becomes unenforceable? In cases where a construction permit in Romania is contested and the challengers prevail, the building work contract in Romania may become unenforceable. In such scenarios, contractors have several legal remedies to protect their interests. One option is seeking compensation for incurred losses. Based on contractual provisions, contractors may pursue claims against the beneficiary to recover costs incurred before the dispute resolution. They may also file a lawsuit for civil liability in Romania if the construction permit in Romania was not lawfully obtained. Additionally, contractors may file a damages claim against the challenger if they can prove the challenger acted in bad faith. A real estate lawyer in Romania can assist in all real estate and construction-related legal matters, including obtaining building approvals, preparing construction permit documents, drafting building work contract in Romania, and pursuing claims for civil liability in Romania. Real estate litigation lawyer in Romania. Current legislative gaps As legal practitioners, we have extensive experience with cases where a construction authorization in Romania are contested. We believe that the current legislation, specifically Law 50/1991, could be adapted, as there are still situations that create difficulties for the parties involved in a contract for construction work in Romania. Due to these legislative gaps, various work stoppages occur, leading to significant financial losses. To mitigate the risk of financial loss, we believe that construction projects would proceed more smoothly if there were provisions for sanctioning abusive challenges, clearly defining a deadline for resolving disputes to prevent excessive project delays, clarifying the procedures for contractors to claim compensation, and explicitly regulating the right to continue executing essential projects, such as hospitals or schools. Real estate lawyer in Romania. What legal remedies are available for unjustified permit challenges? As noted earlier, some construction permits in Romania are challenged solely to delay execution and obstruct work for a period of time. In such cases, contractors and beneficiaries should defend themselves by demonstrating the challenger’s lack of legitimate interest and the absence of valid grounds for contestation. Additionally, they may file a damages lawsuit, proving the financial harm caused by an abusive challenge. If successful, the affected party can recover losses from the bad-faith challenger. A property lawyer in Romania can be a valuable partner in managing construction projects by providing expert assistance, from obtaining a construction authorization in Romania and drafting execution contracts to representing clients in legal disputes. Construction lawyer in Romania. How long do real estate and construction disputes in Romania take? The duration of real estate disputes in Romania and construction disputes in Romania cannot be precisely estimated, as timelines vary depending on the complexity of the case. There are situations where the litigation process lasts only a few months, but also cases where disputes can extend over several years. Additionally, the court’s workload and the type of legal action taken also influence the duration. A real estate litigation lawyer in Romania can assist you throughout the litigation process, acting as a key factor in maximizing the chances of success. They can guide you from the early stages of obtaining building approvals to conflict situations, such as filing a claim for civil liability in Romania. “It is essential to introduce legal protection measures for the parties involved in a contract for construction work in Romania, so that the right to challenge construction permits in Romania does not become an abusive tool that hinders the development of real estate projects,” stated Dr. Radu Pavel, Managing Partner of the Romanian law firm Pavel, Mărgărit and Associates. The Romanian law firm Pavel, Mărgărit and Associates has extensive experience in real estate disputes in Romania and construction disputes in Romania, and its lawyers can assist in any endeavor to protect the interests of contractors and beneficiaries. For personalized legal advice, contact a real estate lawyer in Romania from the firm by accessing the contact form on our website, https://www.avocatpavel.com/contact-us/, to benefit from the best legal solutions. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us In conclusion, although filing a challenge against a construction authorization in Romania represents an essential public right, the current legislation does not provide clear measures to sanction illicit behaviors, such as abusive challenges. As a result, the suspension of construction work can have negative consequences for real estate projects, potentially causing significant delays in their completion and financial losses. The Romanian law firm Pavel, Mărgărit and Associates recommends consulting a property lawyer in Romania or a real estate litigation lawyer in Romania to assist in any real estate and construction-related legal matters, such as obtaining construction permits, filing claims for civil liability in Romania, initiating damages claims, drafting execution contracts, and providing top-quality legal representation in real estate disputes in Romania. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Due Diligence – Essential in the acquisition process Acquiring a business, even if it is joint stock company in Romania or limited liability company in Romania, requires a detailed analysis of all financial, legal and commercial aspects to eliminate risks and ensure a secure investment. Due diligence in Romania is an essential process in any transaction and the involvement of a business lawyer in Romania, a corporate lawyer in Romania, and a company lawyer in Romania is essential throughout the process. A business for sale in Romania must be analyzed from all perspectives, starting with verifying debts, examining commercial contracts and determining the status of employees, receivables and financial obligations. In the case of a limited liability company in Romania for sale or a joint stock company in Romania for sale, thorough due diligence in Romania is necessary to confirm that the transaction is secure and such an analysis can only be conducted with the help of a corporate lawyer in Romania specialized in mergers and acquisitions in Romania. The Romanian Law Firm Pavel, Mărgărit and Associates offers top legal services in M&A in Romania, supporting clients in the due diligence in Romania process and identifying all risks associated with a business transfers in Romania. Whether it involves a transfer of shares in Romania, a business share purchase agreement in Romania or start a business in Romania, the expertise of the M&A team is essential to protect the interests of both buyers and sellers. Due diligence for a business for sale in Romania When an investor is in the process of buying or selling share capital in Romania, they must analyze all the legal implications of the transaction. A M&A in Romania transaction is not only about the exchange of ownership but also about operational integration and business sale lawyers in Romania oversee every detail to ensure compliance with corporate law regulations. A business for sale in Romania can present multiple legal issues if not thoroughly analyzed. This is why the due diligence in Romania process must include identifying all shareholders, verifying financial and tax obligations through a detailed debt verification report and establishing all contractual rights and obligations. A company lawyer in Romania must assess each active contract, identify any litigation involving the company and provide advice on potential risks. A transfer of shares in Romania should only take place after a thorough analysis of the ownership structure and legal implications and a business lawyer in Romania is the most qualified to manage the entire process. If an investor is analyzing companies for sale in Romania with profit, it is important to ensure that the declared profitability is real and that financial obligations align with the company’s economic reality. Another important aspect of the business transfers in Romania process is identifying all receivables and verifying debts and assets in Romania. If a company is presented as part of the sale a company in Romania category without debts, a complex analysis must be conducted to confirm this status. A corporate lawyer in Romania works with specialized tax consultants who provide support in reviewing tax and financial documents to confirm that the company has no hidden obligations that could later impact the buyer. Additionally, analyzing contracts with business partners and suppliers is essential to avoid potential contractual conflicts after the transaction is completed. In an M&A in Romania, the proper integration of the new business into the buyer’s structure depends on a rigorous analysis conducted by a company lawyer in Romania. Business lawyer in Romania. Business share purchase agreement in Romania and the due diligence A limited liability company in Romania for sale may seem like an opportunity for an investor in Romania, but without careful due diligence in Romania, the risks can be significant. Before a transfer of shares in Romania is executed, it is necessary to analyze in detail the status of employees, the contracts signed by the company being acquired and its tax obligations and assets in Romania to avoid any legal or financial surprises. The transfer of shares in Romania involves drafting and signing several essential documents, which must be prepared and reviewed by a business lawyer in Romania to comply with corporate law. These include the business share purchase agreement in Romania, which sets the transaction terms, the Resolution of the General Meeting of Shareholders required to approve the transfer of shares in Romania, the updated articles of association, declarations on behalf of the new shareholders and directors confirming compliance with legal conditions and the registration request at the Trade Register to formalize the transfer. In M&A in Romania transactions, a detailed verification of the company’s assets in Romania and contractual clauses is an essential step for a successful acquisition, which is why The Romanian Law Firm Pavel Mărgărit and Associates recommends seeking the services of a corporate lawyer in Romania and business sale lawyers in Romania. Any transfer of shares in Romania must be carefully negotiated to protect the parties’ interests and avoid future misunderstandings, while professional verification and documentation drafting ensure investment protection. Corporate lawyer in Romania. Business transfers in Romania A business transfers in Romania may represent an efficient solution for restructuring a company or acquiring a functional operation in Romania, but it requires a detailed analysis of legal, fiscal and operational aspects to ensure a secure and advantageous process for all parties involved. A business transfers in Romania refers to the process by which a part or the entire activity of a business is transferred from one entity to another. This may include transferring assets in Romania (such as goods, equipment, buildings), rights and obligations, or even the entire business structure, including employees, in compliance with labor laws, clients and contracts. Revenues obtained from the transfer of shares in Romania are taxable and must be correctly documented to comply with tax regulations. Another important aspect is VAT, which may be exempt under certain conditions. If the business transfers in Romania is carried out between affiliated entities, market-based pricing, known as transfer pricing, must be applied and properly documented to avoid tax authority adjustments. Additionally, employee rights must be protected, and their transfer must be accompanied by prior notification, complying with all legal requirements. “A company lawyer in Romania plays an important role in any commercial transaction and is indispensable in the due diligence in Romania process. From document verification, commercial contract analysis, debt and receivable examination, to drafting the necessary documentation for business transfers in Romania, the involvement of a specialist is recommended for every investor,” said Dr. Radu Pavel, the Managing Partner of The Romanian Law Firm Pavel, Mărgărit and Associates. The mergers and acquisitions in Romania practice is a broad and highly important field within our firm. We have experience in all stages of the acquisition process, from business share purchase agreement in Romania, contract reviewing in Romania, mortgage contracts related to business transfers in Romania, mergers or divisions with private or state-owned companies, or those in insolvency procedures, joint ventures, and more. Do not hesitate to contact us by accessing the contact form on our website https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us In conclusion, any mergers and acquisitions in Romania transaction must be supported by a team of specialists, and the role of a corporate lawyer in Romania, business lawyer in Romania, and business sale lawyers in Romania is essential for the success of such an operation. Whether it is a business transfers in Romania, M&A in Romania, or a sale a company in Romania without debts, only a rigorous due diligence in Romania can ensure that all financial, legal, and commercial aspects are properly verified. Thus, any business for sale or companies for sale in Romania with profit must be carefully analyzed and with the involvement of a business lawyer in Romania, the investor can be assured of a risk-free acquisition. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Strict regulations and additional obligations for employers in Romania Workplace harassment in Romania represents a major issue that affects both the health of employees and their productivity at work. Recently, working law in Romania has undergone significant changes, imposing stricter measures for preventing and combating workplace harassment in Romania. The new labor law regulations place increased responsibility on employers, who must adopt clear and effective policies to prevent this phenomenon. The Romanian Law Firm Pavel, Mărgărit and Associates recommends implementing concrete protective and informational measures for employees, with the support of a labor rights lawyer in Romania, to comply with legal requirements concerning workplace harassment and employee rights at work in Romania. To the extent that labor law is not respected, conflicts and labor disputes in Romania can arise, which can affect both the employer and the employee. Labor rights lawyer in Romania. What does workplace harassment mean? Workplace harassment is defined by working law in Romania as any unwanted behavior that affects a person’s dignity, creating an intimidating, hostile, degrading, or humiliating environment. According to the new regulations, two main types of harassment are distinguished: sex-based harassment and moral harassment at work in Romania. Workplace discrimination in Romania and workplace harassment in Romania extend employee rights at work in Romania to other work environments, such as: At the workplace, including in public and private spaces when they constitute a workplace; In places where the employee is paid, rests, eats, or uses the sanitary facilities, washing installations, and changing rooms provided by the employer; During business trips, training, events, or social activities related to work; Through work-related communications, including those made through information and communication technology; In accommodation spaces provided by the employer; During travel to and from work. Labor attorney in Romania. What additional obligations do employers have? According to the new legislative changes on working law in Romania, employers are responsible for preventing and combating harassment and moral harassment at work in Romania through clear internal policies. In this regard, they must develop an internal guide to prevent and combat harassment, tailored to the specifics of the activity carried out, and implement concrete protective measures for employees. A labor attorney in Romania can assist in drafting and applying clear policies regarding harassment prevention while providing legal advice for managing possible harassment and workplace discrimination in Romania incidents. Among the employer’s obligations are: implementing reporting mechanisms for harassment cases and moral harassment at work in Romania, organizing training sessions for employees, applying clear disciplinary sanctions for confirmed harassment cases, and creating a safe and inclusive work environment for all employees. Employee rights attorney in Romania. Protection against workplace harassment Preventing harassment and ensuring a fair work environment are essential for the smooth operation of a company or organization. Companies, public institutions and private employers must ensure that employee rights at work in Romania are protected through appropriate policies. An employee rights attorney in Romania and a labor lawyer in Romania play a key role in preventing and managing workplace harassment and workplace discrimination in Romania cases, providing legal advice for investigating harassment cases, legal representation in labor disputes in Romania, developing and implementing internal anti-harassment policies, and assisting in drafting internal regulations concerning harassment and discrimination. The Romanian Law Firm Pavel, Mărgărit and Associates are the only law firm l in Romania recognized by the director of the International Comparative Legal Guides (ICLG) from the United Kingdom for the Employment and Labour Law in 2025 section. This recognition highlights their exceptional expertise in labor law, further solidifying their status as leaders in providing high-quality legal advice to both employers and employees. The Romanian Law Firm Pavel, Mărgărit and Associates offers legal support to employers and employees for compliance with the new regulations and for preventing workplace harassment in Romania. For specialized legal assistance from a labor lawyer in Romania and an employee rights attorney in Romania for implementing necessary compliance measures with the new regulations, contact Pavel, Mărgărit and Associates by completing the contact form at https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us “We offer consultation and support to companies wishing to implement internal procedures for preventing and combating harassment, ensuring compliance with current regulations,” stated Dr. Radu Pavel, Managing Partner of the Romanian Law Firm Pavel, Mărgărit & Associates. Workplace harassment must be prevented through strict enforcement of the legislation and well-structured internal policies. With the help of a labor law attorney in Romania, both employees and employers can benefit from adequate legal protection and effective solutions for preventing and combating workplace harassment. Harassment and discrimination in the workplace is a complex problem that requires concerted efforts from both employers and employees to be effectively fought. A labor attorney in Romania and a workplace harassment lawyer in Romania can help in counseling both employees and employers by explaining the legal rights and obligations they have at work, as well as in drafting and reviewing internal procedures regarding the prevention and combat of harassment to ensure compliance with the current legislation. At the same time, as legal conflicts or allegations of harassment and discrimination arise, a labor rights lawyer in Romania can assist in managing the legal process, protecting the interests of each party involved. If an amicable resolution is not reached, the attorney can intervene in court to represent the employer or employee before the competent authorities and even to file a workplace harassment complaint. Harassment and discrimination-related labor disputes in Romania can be complex and can significantly impact an organization’s reputation and activity, which is why preventive measures and legal interventions must be carried out in a timely and professional manner. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Methods of debt collection in Romania The procedure of debt recovery in Romania can be a significant challenge in legal relations between parties, aiming to protect the rights and interests of creditors. This process is governed by the Romanian Civil Procedure Code or applicable legislation, depending on the source of the damage. When dealing with damages resulting from international conflicts, the process can be even more complex. A relevant example is the damage caused by theft, particularly when it involves heritage assets of national importance, such as the Dacian artifacts from a Dutch museum. Legal solutions in Romania for debt collection in Romania in such cases include seeking compensation under international law, holding perpetrators criminally accountable, or pursuing civil court proceedings, such as action for tort liability in Romania. This article explores legal means of debt recovery in Romania, analyzing aspects such as the debt recovery solutions in Romania available to the Romanian state for damage compensation, debt collection in Romania through civil liability in Romania, conditions for tort liability in Romania, and amicable settlement procedures. The Romanian Law Firm Pavel, Mărgărit & Associates is internationally recognized for its extensive experience in debt recovery litigation. A litigation lawyer in Romania from the team can provide high-level lawyer advice in Romania and representation. To get legal advice in Romania can be crucial, especially when damage recovery appears complicated or even impossible. Litigation lawyer in Romania. How can the Romanian state recover damages from the theft of artifacts? One of the primary methods of damage recovery is through a action for civil liability in Romania. Possible solutions in such cases include the return of stolen assets or financial compensation. A straightforward way to cover damages is through insurance claims if the stolen goods were insured, at least partially recovering their financial value. In such a scenario, the Romanian state could directly file a claim against the insurance company. Beyond these avenues, the Romanian state can also pursue criminal liability against those responsible for the theft. The theft of artifacts is not only a criminal offense but also a serious violation of Romania’s cultural heritage. Given the complexity of the damage recovery process in such situations, seeking legal counsel is highly recommended to maximize the chances of successful compensation. Civil lawyer in Romania. Conditions for tort liability in Romania To initiate an action for tort liability in Romania against an individual, several conditions must be met cumulatively. The Romanian Civil Procedure Code provides the legal framework for creditors to seek damage compensation through such actions (action for damages in Romania). According to the code, the following elements are required for debt recovery in Romania through tort liability in Romania: An unlawful act Damage or loss Causal link between the act and the damage Fault If these conditions are met, the perpetrator of the unlawful act can be held fully accountable for compensation, as stipulated by the Romanian Civil Procedure Code. Lawyer advice in Romania is highly recommended in these cases. An experienced litigation lawyer in Romania can offer legal assistance and representation, ensuring the highest chances of success through proper legal protection in case of engaging civil liability in Romania. Debt recovery lawyer in Romania. Amicable settlement procedure The amicable settlement procedure is a preliminary stage before initiating court proceedings, where a creditor attempts to recover debts without resorting to litigation. The benefits of an amicable approach include avoiding court costs and resolving disputes more quickly through negotiations in Romania. Typically, creditors and debtors negotiate repayment options, such as installment plans or penalty reductions. If negotiations in Romania fail, the creditor may issue a formal notice informing the debtor of the payment deadline. If the debtor does not comply within the specified timeframe, the creditor can proceed with action for damages in Romania. To get legal advice in Romania is essential even in amicable settlement procedures, as a civil lawyer in Romania can provide strategic guidance and legal support throughout the process of debt collection in Romania. The Romanian Law Firm Pavel, Mărgărit & Associates has extensive experience in litigation and can assist with debt recovery in Romania through lawyer advice in Romania, negotiations in Romania, actions for tort liability in Romania, and other legal means provided by Romanian law. In order to get legal advice in Romania, contact a debt recovery lawyer in Romania through the contact form: https://www.avocatpavel.com/contact-us/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us “Debt collection in Romania is not just a legal process but also a strategic one. In a debt recovery dispute, a civil lawyer in Romania can be the key to success, providing a personalized and professional approach while saving significant time and resources,” stated Dr. Radu Pavel, Managing Partner of the Romanian Law Firm Pavel, Mărgărit & Associates. In conclusion, recovering damages caused by artifact theft (involving international disputes) or unpaid debts can be a complex process, requiring various legal mechanisms such as litigation (action for damages in Romania), criminal liability, or amicable negotiations in Romania. The Romanian Law Firm Pavel, Mărgărit & Associates strongly recommends consulting a debt recovery lawyer in Romania, as legal expertise can make a crucial difference in resolving disputes. Whether it involves cultural heritage or civil debts, compensation for damages is essential for a fair legal system. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Plaintiff or creditor in Romania? This article analyzes the impact of criminal proceedings on the insolvency procedure in Romania, in light of case law addressing the relationship between precautionary measures imposed in criminal proceedings and insolvency proceedings in Romania, specifically Decision no. 1/2020, which establishes that the existence of precautionary measures applied in a criminal case over the assets of a legal entity (company insolvency in Romania), prior to the commencement of insolvency proceedings in Romania, does not suspend the liquidation procedure under Law no. 85/2014. Although the precautionary measures may complicate asset liquidation, the insolvency procedure in Romania for the legal entity may continue, enabling creditors to recover their claims. A specialized insolvency lawyer in Romania can provide legal assistance for registering a creditor in Romania on the creditors’ list, contesting the preliminary creditors’ table, and taking any necessary steps for debt recovery in Romania. The Romanian Law Firm Pavel Mărgărit and Associates offers consultancy in managing company insolvency in Romania and debt recovery in Romania, also advising creditors to register both in the creditors’ table and as plaintiffs in criminal proceedings to maximize their chances of debt collection in Romania. Insolvency lawyer in Romania. The impact of criminal proceedings on insolvency procedure in Romania Criminal proceedings can significantly influence insolvency proceedings in Romania, particularly when precautionary measures such as sequestration have been imposed on a distressed company’s assets. According to applicable legal provisions, precautionary measures taken within criminal proceedings do not prevent the continuation of the insolvency procedure in Romania and do not affect creditors’ rights to be satisfied from the debtor’s assets. Assets belonging to a legal entity undergoing insolvency proceedings in Romania, over which precautionary measures have been imposed, may be acquired free of any encumbrances. It is important to note that there are exceptions to this rule for precautionary measures imposed in criminal cases aimed at special and extended confiscation. In other words, assets can be liquidated within the insolvency procedure in Romania but will be acquired with the attached sequestration. The Romanian Law Firm Pavel Mărgărit and Associates recommends seeking the services of a litigation lawyer in Romania and an insolvency lawyer in Romania to analyze the impact of precautionary measures on insolvency proceedings in Romania and to identify the most effective legal solutions for debt recovery in Romania. A litigation lawyer in Romania specializing in insolvency procedure in Romania and debt recovery in Romania can provide assistance in both the liquidation of assets affected by precautionary measures and in contesting these measures, where applicable. Litigation lawyer in Romania. Precautionary measures in criminal proceedings do not hinder insolvency procedures or debt recovery in Romania The precautionary measures imposed by criminal investigation authorities do not hinder the insolvency procedure in Romania or debt recovery in Romania for legal entities. On the contrary, filing criminal complaints may lead to an extension of the sequestration over the assets of individuals involved, thus increasing creditors’ chances of recovering their claims. According to provisions in Law no. 85/2014, claims of plaintiffs in criminal cases are listed in the creditors’ table under a suspensive condition, pending the final resolution of the civil action in the criminal case in favor of the harmed party, by submitting a statement of claim in Romania. Regarding creditors registered as plaintiffs in criminal proceedings, they are not required to renounce this status to be included in the creditors’ table within insolvency proceedings in Romania. The two procedures – criminal and insolvency – are complementary and can contribute to increasing the chances of debt recovery in Romania. Debt recovery in Romania.  Asset evaluation by the judicial administrator and modifications to the creditors’ table in insolvency procedures Asset evaluation is a critical process in the insolvency procedure in Romania for companies, directly affecting how the entire procedure will unfold and the chances of creditors recovering their claims. The judicial administrator is required to prepare a detailed inventory of all assets held by the debtor in Romania, and the evaluation must be conducted in accordance with applicable legal and professional standards, a process that is essential for preparing the definitive creditors’ table. Differentiating between secured and unsecured claims is another important element, as the actual value of assets impacts the degree to which debts can be recovered. Asset value fluctuations during auctions can also affect the process, with prices potentially decreasing significantly by the time of actual liquidation. Additionally, it is important to note that the creditors’ list is not final at the beginning of the insolvency procedure in Romania. Claims can be contested, and if the court accepts the challenges, the creditors’ table may be modified. Some claims may be initially rejected but can be readmitted later after the resolution of the disputes. Furthermore, creditors who were not initially notified can still submit their claims even after the creditors’ table is finalized. This flexibility is crucial for ensuring a fair process and protecting the rights of all parties involved. A specialized insolvency lawyer in Romania and litigation lawyer in Romania can provide complex legal assistance for creditor in Romania to register in the creditors’ list, including contesting the preliminary creditors’ table, filing liability actions, and representing clients in debt collection in Romania. The Romanian Law Firm Pavel Mărgărit and Associates has vast experience in the field of insolvency proceedings in Romania, and its lawyers can assist with the drafting of the request to open the insolvency procedure in Romania, the statement of claim in Romania, or any other matter related to company insolvency in Romania. For personalized legal consultation, contact an insolvency attorney in Romania at our firm by accessing the contact form on our website at https://avocatpavel.com/contact/ to receive the best solutions regarding company insolvency in Romania and company bankruptcy in Romania. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us “It is essential to consult an insolvency attorney in Romania to ensure you follow all the steps imposed by law in company insolvency in Romania, for both creditors and debtors,” stated the Managing Partner of The Romanian Law Firm Pavel Mărgărit and Associates, Dr. Radu Pavel. In conclusion, although criminal proceedings and insolvency proceedings in Romania are distinct, they are interconnected in a way that can significantly contribute to protecting creditors’ rights and maximizing debt recovery in Romania chances. Each creditor in Romania must adopt a well-defined strategy, taking into account the specifics of each procedure. While the insolvency procedure in Romania allows for asset liquidation and debt collection in Romania, the criminal process can assist by identifying fraudulent acts and extending precautionary measures, thus protecting creditors’ rights in the company insolvency in Romania. However, asset liquidation may face obstacles, such as lack of necessary documentation, encumbrances in the land registry, or sequestration imposed by criminal authorities. Therefore, careful management and specialized legal consultation from an insolvency attorney in Romania are essential throughout these legal proceedings. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

What is the stage of the insolvency proceedings in Romania for Nordis Management SRL? The beginning of this week starts with the publication of the preliminary debt table for the debtor, Nordis Management SRL, an essential document in the insolvency procedure in Romania that sets the amount and structure of the company’s debts towards creditors. This provides a clear picture of the financial obligations assumed by the debtor in Romania and represents an important step in determining the direction for reorganization or, in the event of failure of the recovery measures, for potential bankruptcy of a company in Romania. The Romanian Law Firm Pavel Mărgărit and Associates offers high-quality legal services in the insolvency procedure in Romania, assisting both creditors and debtors in the insolvency procedure in Romania for legal entities. In this article, we will analyze the main aspects related to the statement of claim in Romania and registration in the creditors’ table in the insolvency procedure in Romania, documents necessary for debt recovery in Romania for a company in insolvency procedure in Romania. Insolvency lawyer in Romania. The insolvency procedure in Romania and bankruptcy of a company in Romania The insolvency procedure in Romania for legal entities begins either at the request of the debtor in Romania or the creditor in Romania when a company can no longer pay its debts. This includes several stages, such as observation, reorganization, and, if necessary, bankruptcy. If recovery is not possible, bankruptcy of a company in Romania is initiated, at which point the company’s assets are liquidated to settle the debts. In this process, an insolvency lawyer in Romania can represent creditors to ensure that their rights are protected and that the debt recovery in Romania procedure is followed correctly. Debt recovery in Romania. The statement of claim in Romania and registration in the creditors’ table in the insolvency procedure in Romania A creditor wishing to recover debts, unpaid invoices, or any other type of debt collection in Romania from a debtor in Romania in the insolvency procedure in Romania must register in the creditors’ table by submitting a statement of claim in Romania within the deadline set by the judicial administrator. This document is essential for debt recovery in Romania and must contain all details regarding the amount owed, the nature of the claim, and supporting documents. Among the necessary documents for company insolvency to submit the statement of claim in Romania are commercial contracts, unpaid invoices, payment orders, and any other evidence proving the existence of the claim. An insolvency attorney in Romania can assist in correctly drafting the request for registration in the creditors’ table, thus avoiding the risk of rejection in the company insolvency file with debts. Insolvency lawyer in Romania. Creditor’s table in insolvency proceedings. After submitting the statements of claim in Romania for registration in the creditors’ table for a company in insolvency, the judicial administrator draws up the preliminary table, which lists the accepted and contested claims. This document is crucial for debt recovery in Romania and debt collection in Romania, as it determines the order of payment to creditors. If a creditor believes that their amount has been incorrectly registered or rejected, they can file an objection in court, where it is recommended to be represented by an experienced litigation lawyer in Romania. Nordis Management SRL’s total debts are approximately 728.9 million lei, of which more than 422 million lei are potential claims conditioned by the fulfillment of contractual obligations. The main categories of creditors are customers with sales-purchase promises, those who have abandoned projects, and current owners whose apartments are unfinished or not handed over. Litigation lawyer in Romania. The creditors’ table and debt recovery in Romania The creditors’ table represents all creditors registered in the debt table. This is essential for the debt recovery in Romania procedure, as it sets the payment priority of debts based on the category of each claim: secured, budgetary, salary, or unsecured. An insolvency lawyer in Romania can offer legal support to creditors to maximize their chances of debt collection in Romania, either through direct negotiations or by actively participating in the judicial procedure. An essential aspect of the insolvency procedure in Romania for companies is debt recovery in Romania and the recovery of unpaid invoices. Creditors must act quickly to register their claims in the insolvency procedure in Romania for companies and to cooperate with a debt recovery in Romania lawyer to protect their interests. Debt recovery in Romania within the insolvency procedure in Romania can be a complex process that requires the expertise of an insolvency lawyer in Romania. The Romanian Law Firm Pavel Mărgărit and Associates provides specialized legal support in debt recovery in Romania, ensuring that creditors’ rights are protected and that the insolvency procedure in Romania is followed correctly. Litigation lawyer in Romania. Appealing the creditor’s table in insolvency proceedings. A creditor in Romania can contest the preliminary table in several situations. These include unjustified exclusion of a claim, listing an amount lower than requested, incorrect classification of a claim in a certain category, or the acceptance of unfounded claims. It is essential that each creditor in Romania carefully analyzes the preliminary table to check if the listed amount corresponds to reality and if their rights are respected. The deadline for submitting an objection is 7 days from the publication of the table in the Insolvency Procedure Bulletin. Exceeding this deadline may result in the loss of the right to contest the claim’s registration, which is why prompt action is recommended for creditors interested in contesting. After analyzing the objection, the court may decide either to admit and modify the preliminary table or reject the request and maintain the initial registration. In some cases, the reevaluation of the claim may lead to an intermediate amount, depending on the evidence submitted. Regardless of the solution, creditors must be prepared to support their case with solid arguments and conclusive documents regarding the insolvency proceedings in Romania of the legal entity. Given the complexity of the insolvency procedure in Romania and the legal implications of contesting the preliminary debt table, it is essential for creditors to be assisted by an insolvency lawyer in Romania when dealing with a company in insolvency. This lawyer can provide legal support in drafting and supporting the objection, thus maximizing the chances of recovering the debts. “It is important for creditors to consult an insolvency lawyer in Romania in a timely manner, who can provide specialized legal assistance for debt recovery in Romania, minimizing the risks associated with the insolvency procedure in Romania,” stated the Managing Partner of The Romanian Law Firm Pavel Mărgărit and Associates, Dr. Radu Pavel. The Romanian Law Firm Pavel Mărgărit and Associates has vast experience in the field of insolvency proceedings in Romania, and its lawyers can assist with the drafting of the request to open the insolvency procedure in Romania, the statement of claim in Romania, or any other matter related to company insolvency in Romania. For personalized legal consultation, contact an insolvency attorney in Romania at our firm by accessing the contact form on our website at https://avocatpavel.com/contact/./ to receive the best solutions regarding company insolvency in Romania and company bankruptcy in Romania. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us The Romanian Law Firm Pavel Mărgărit and Associates offers legal advice and representation for both creditors and debtors in company insolvency in Romania and company bankruptcy in Romania procedures. With a well-thought-out strategy and a proactive approach, creditors can efficiently protect their rights and ensure the recovery of amounts owed within these procedures. For personalized legal advice and assistance with objections to the preliminary debt table and in insolvency proceedings in Romania, contact an insolvency lawyer in Romania from our firm. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Legal strategies to prevent conflicts and protect your business from costly lawsuits Given the evolving legislative framework and the constantly changing business environment, many companies in Romania find themselves involved in legal disputes that can impact their operations and stability. Most often, these disputes involve commercial debt recovery in Romania from commercial conflicts, tax issues, labor disputes, or matters related to insolvency proceedings in Romania and bankruptcy procedures in Romania. Implementing legal strategies to prevent such disputes is essential, yet there are numerous situations where companies still face conflicts that disrupt their economic activities and lead to significant financial losses. A debt recovery lawyer in Romania can be invaluable in resolving disputes and developing a tailored legal strategy. More specifically, a litigation lawyer in Romania can assist with unpaid invoice recovery, drafting petitions for the annulment of an administrative act in Romania, engaging director’s liability in Romania, drafting commercial contracts (including international business contract in Romania), contesting contractual dismissal in Romania, opening insolvency in Romania, and offering legal consultancy in employment and labor law in Romania, commercial law, fiscal law in Romania, and insolvency in Romania. The Romanian law firm Pavel, Mărgărit and Associates recommends seeking assistance from a corporate lawyer in Romania who can provide high-quality representation in case of commercial disputes. This article discusses the most common types of litigation between companies and the legal services available for debt collection in Romania in such cases. Commercial lawyer in Romania. Business disputes between companies In a dynamic and ever-growing business environment, commercial conflicts can arise easily, posing a constant risk for companies. Such disputes often result from non-performance or defective performance of obligations established in commercial contracts, including international business contract in Romania. Before taking a dispute to court, it is advisable to explore alternative dispute resolution methods for commercial debt recovery in Romania. Generally, these cases involve the collection of unpaid invoices or the return of delivered goods. If the dispute to recover debt in Romania cannot be resolved amicably, a commercial lawyer in Romania or a litigation lawyer in Romania can assist and represent you in court, significantly increasing the chances of success in recovering company debts in Romania. Debt recovery solicitors in Romania can also help prevent disputes by drafting well-structured commercial contracts that clearly define the rights and obligations of the parties, as well as penalties for non-compliance and coming up with the best debt recovery solutions in Romania. Tax attorney in Romania. Tax disputes in Romania Tax conflicts can hinder a company’s ability to conduct business in Romania. Such conflicts arise when the Romanian tax authority identify violations of tax laws. In these cases, the assistance of a tax lawyer in Romania (a tax attorney in Romania) is crucial for protecting business interests and minimizing legal risks. Common tax-related issues include tax audits, disputes over tax obligations in Romania, challenges to tax decisions, and engaging responsibilities of an administrator in Romania for corporate debts. A tax lawyer in Romania can assist in both dispute prevention and legal representation during tax conflicts. If a dispute with the Romanian tax authority arises, a tax lawyer in Romania can provide services such as engaging director’s liability in Romania, requesting the annulment of an administrative act in Romania, and using other legal mechanisms to protect corporate interests. Employment lawyer in Romania. Employment disputes in Romania Employer-employee relationships are critical to business operations. Labor disputes often arise from unpaid wages, workplace discrimination, unfair dismissals, or breaches of employment contracts. An employment lawyer in Romania can provide specialized legal assistance in cases where employment contract provisions have been violated, including wrongful contractual dismissal in Romania. Possible legal solutions include challenging a decision of contractual dismissal in Romania (within the legal timeframe), requesting its annulment, filing claims for unpaid wages, and other labor law services. Insolvency attorney in Romania. Insolvency proceedings in Romania Insolvency proceedings in Romania are one of the most important debt recovery solutions in Romania for creditors seeking to recover debt in Romania but can be challenging for companies facing financial difficulties. While insolvency prevention strategies are recommended, some companies may reach a stage where financial recovery is no longer possible. Once insolvency proceedings in Romania begin, creditors can file a statement of claim in Romania to register their debts. If a creditor’s statement of claim in Romania is not fully recognized in the preliminary creditors’ table, they can challenge it. Proper registration in the creditors’ table is crucial for debt collection in Romania, and legal assistance from an insolvency lawyer in Romania can maximize the chances of successful claims. Corporate insolvency litigation requires a careful approach from an insolvency attorney in Romania or a debt recovery lawyer in Romania, as recovering debts from a bankrupt company in Romania is particularly complex. An insolvency lawyer in Romania will strive to maximize the process of debt recovery in Romania in case of a bankrupt company in Romania, ensuring that rights and interests are protected. The Romanian Law Firm Pavel, Mărgărit and Associates offers specialized services for high-quality assistance and representation in cases involving commercial, fiscal law in Romania, employment and labor law in Romania, and company insolvency disputes. A commercial lawyer in Romania, a tax attorney in Romania, an employment lawyer in Romania, or an insolvency attorney in Romania can be essential partners in ensuring the well-being of a company. To benefit from our support, you can contact us by filling out the contact form available at https://www.avocatpavel.com/contact-us/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us “Legal prevention is the key tool for a stable business. However, in practice, we have observed that the most common disputes arise from the improper execution of commercial contracts, labor law issues such as contractual dismissal in Romania or failure to comply with employment contract clauses, tax law breaches due to unfulfilled tax obligations in Romania, or insolvency proceedings in Romania,” said Dr. Radu Pavel, Managing Partner of the Romanian Law Firm Pavel, Mărgărit and Associates. A corporate lawyer in Romania from our team can assist you with services such as recovering unpaid invoices, preparing applications for the annulment of an administrative act in Romania, engaging responsibilities of an administrator in Romania, drafting commercial contracts (including international business contract in Romania), filing dismissal appeals, overturning dismissal decisions, initiating company insolvency in Romania or bankruptcy proceedings, preparing necessary insolvency documents, and providing legal advice in employment and labor law in Romania, commercial law, fiscal law in Romania, and company insolvency in Romania. We are internationally recognized for our team of specialists, including commercial lawyer in Romania, tax attorney in Romania, employment solicitors in Romania, and insolvency lawyers in Romania, with extensive experience in these areas. Given the above, business disputes are common in the corporate environment, particularly in employment and labor law in Romania, commercial law, fiscal law in Romania, and company insolvency in Romania. A well-structured strategy is essential to avoid potential financial losses and significantly reduce risks. Through a preventive approach and professional legal assistance, companies can avoid costly lawsuits and focus their resources on business development. In the event of a corporate dispute, a litigation lawyer in Romania from the Romanian Law Firm Pavel, Mărgărit and Associates can efficiently manage the case, ensuring the protection of the company’s rights and interests. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

What can you do in this case and how can a property restitution lawyer in Romania assist you? In the context of Emergency Ordinance No. 107/2024, ANRP in Romania has temporarily suspended the issuance of payment titles until the end of the year. Additionally, outstanding payments will only be made within the limits of the available budget. In this context, it is essential for the series of property restitution files in Romania to be prepared in advance, and for the holders to benefit from qualified legal advice from a restitution lawyer in Romania or real estate lawyer in Romania to avoid further delays and protect the right of ownership in Romania. The Romanian Law Firm Pavel, Mărgărit and Associates recommends seeking the services of a property lawyer in Romania in property restitution files in Romania to urgently initiate the necessary administrative and judicial procedures for enforcing rights, including submitting requests for the compensation points in Romania, filing appeals when necessary, and conducting a thorough analysis of the property files in Romania. Additionally, our team, consisting of restitution lawyer in Romania, specialized restitution lawyers in Romania, and real estate lawyer in Romania, provides representation before CNCI in Romania and the competent courts, ensuring the effective protection of right of ownership in Romania and maximizing the chances of obtaining compensation points in Romania. What can you do when the payment procedure is suspended? Even though the ANRP in Romania payment procedure is suspended, the process of submitting requests and obtaining compensation points in Romania continues. Eligible individuals can file an appealing a decision in Romania, verify the accuracy of property restitution files in Romania, or opt for real estate restitution in Romania if possible. The Romanian Law Firm Pavel, Mărgărit and Associates offers comprehensive legal advice for such situations through teams coordinated by a restitution lawyer in Romania and real estate lawyer in Romania, who can evaluate each case individually. At this stage, conducting a due diligence report is essential to highlight potential risks and untapped rights within the property restitution files in Romania. A restitution lawyer in Romania provides specialized legal assistance in preparing and filing an appealing a decision in Romania, in the case of unfavorable outcomes, a complete review of documents and records, representation by specialized restitution lawyers in Romania before institutions and authorities, advice regarding property evaluation in accordance with the notary grid, and last but not least, assistance in filing requests for ANRP compensation payments in Romania. How was the payment procedure for the ANRP in Romania payment titles suspended? The suspension of the payment procedure for the titles issued by the National Authority for Property Restitution (ANRP in Romania) was regulated by Emergency Ordinance No. 107/2024, published in the Official Gazette on September 6, 2024. According to this regulation, the issuance of payment titles based on Law No. 165/2013 and Law No. 164/2014 is suspended until December 31, 2024. Furthermore, ANRP in Romania compensation payments related to titles issued until June 30, 2024, will only be made within the available budget credits, which may result in significant delays. Real estate restitution in Romania of properties unlawfully taken by the state during the communist period In many cases, real estate restitution in Romania can be a more efficient solution than waiting for financial compensation. This is only possible if clear property deeds exist, proof of unlawful nationalization is available, and if the properties have not been transferred to third parties. Our team, consisting of restitution lawyer in Romania and specialized restitution lawyers in Romania, can quickly assess the situation of the property, prepare the necessary documentation, and submit requests to CNCI in Romania or the court. The lawyer team prepares a due diligence report for each case to verify any encumbrances, ongoing litigations, invalid entries, or discrepancies between documents and cadastral reality. Our legal services include drafting requests for real estate restitution in Romania, as well as representation before the competent authorities, both in the administrative phase and in contentious procedures, by specialized restitution lawyers in Romania. We also conduct a thorough verification of the validity of the right of ownership based on historical documents and applicable legislation, to ensure the correct foundation of the request. We estimate the market value of the properties based on the updated grila notarială (notary grid), and in case of refusal of restitution, we provide assistance and representation in real estate disputes in Romania to protect our client’s rights. “The suspension of the payments by ANRP in Romania should not constitute an obstacle in the process of property restitution. Our team of lawyers, specialized in property restitution in Romania and real estate disputes in Romania, is ready to provide effective legal solutions and support clients before the competent authorities, ensuring that their rights are respected and protected moving forward,” said Dr. Radu Pavel, Managing Partner of The Romanian Law Firm Pavel, Mărgărit and Associates. The Romanian Law Firm Pavel, Mărgărit and Associates provides full legal assistance in the field of property restitution and compensation, offering consulting and representation before the competent authorities, including ANRP in Romania and CNCI in Romania. Do not hesitate to contact us by accessing the form on our website: https://avocatpavel.com/contact/. In conclusion, considering the complexity and dynamics of the property restitution in Romania and compensation procedures in Romania, it is essential that eligible individuals benefit from specialized legal assistance from a team of experienced lawyers. The Romanian Law Firm Pavel, Mărgărit and Associates provides complete support, from analyzing the documentation and preparing requests for real estate restitution in Romania or real estate in Romania, to representing clients in real estate disputes in Romania and appealing a decision in Romania. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.

Why It’s Important to Seek a Lawyer’s Help Before Signing the Sale and Purchase Agreement Given the unstable context the real estate market in Romania is currently experiencing, many buyers are facing significant risks when choosing to purchase real estate that is still in the project phase. The Nordis case has become emblematic of such abuses by developers, serving as one of many reasons why, when deciding to make such an investment, it is imperative to consult a real estate lawyer in Romania and request a complete due diligence lawyer in Romania report. A real estate litigation lawyer in Romania or a property lawyer in Romania can easily identify any potentially abusive contractual clauses present in a sale and purchase agreement. These clauses often conceal unjustified deadlines, disproportionate penalties, and the absence of fundamental guarantees. A real estate litigation lawyer in Romania can provide detailed explanations regarding the legal implications of transferring the right of ownership in Romania under uncertain conditions. Additionally, checking the land registry and requesting an updated land book excerpt in Romania can help identify potential disputes involving the property or whether it is encumbered. Real Estate Lawyer in Romania for Construction. When Developers Fail to Deliver: What Are Your Legal Options? The Nordis case highlighted the consequences when buyers are not sufficiently protected. If, after signing a sale and purchase agreement, the developer fails to meet deadlines or contractual obligations, a real estate lawyer in Romania becomes indispensable for initiating legal action. In the absence of a valid construction authorization or a legitimate right of ownership in Romania from the developer, the entire transaction may be voided—hence the critical need for a due diligence report prepared by a due diligence lawyer in Romania. One of the most common issues in such disputes is the failure to register sale and purchase agreements in the land registry in Romania, thereby preventing the effective legal protection of the buyer’s rights. Property Lawyer in Romania. Due Diligence – What Documents to Request and What Questions to Ask? At the core of any secure purchase of real estate lies a correct and complete due diligence report in Romania. Whether you are a first-time buyer or an experienced investor, working with a due diligence lawyer in Romania can help you avoid costly legal traps and Nordis-type situations. The due diligence process in Romania is not a mere formality—it involves a thorough verification of all legal, technical, and administrative aspects of a property. First and foremost, the land registry in Romania must be verified. It shows whether the property is free of encumbrances, whether the right of ownership in Romania is clear, and whether there are no prohibitions or mortgages. It also reveals whether the property is involved in any litigation or foreclosure proceedings. Therefore, obtaining an updated land book excerpt in Romania is mandatory. The next step would be checking the existence of a construction authorization in Romania. Its absence or any deviation from it may lead to demolitions or the impossibility of connecting the property to utilities. A real estate litigation lawyer in Romania can identify such risks and help ensure the documentation is complete and valid. To receive full legal advice and assistance from a real estate lawyer in Romania, real estate litigation lawyer in Romania, or civil litigation lawyer in Romania in order to obtain a solid due diligence report in Romania, identify abusive contractual clauses, and protect your right of ownership in Romania, we invite you to contact us through the form on our website: https://avocatpavel.com/contact. A property lawyer in Romania will analyze not only the documents presented but also any ambiguities within the contract, giving you a complete picture of the risks involved. Furthermore, they can assist in renegotiating certain clauses or even in withdrawing from a risky transaction, thus avoiding unpleasant situations for buyers. In the end, a solid due diligence report in Romania provides the peace of mind that your investment is safe, legal, and protected—especially in a real estate market in Romania where most buyers only discover the risks they’ve taken after signing. Real Estate Lawyer in Romania. What the Nordis Law Provides and How Effective It Is in Protecting Clients Given the current state of the real estate market in Romania, the Nordis Law has been adopted. Once implemented, it could significantly change how purchase of real estate transactions in Romania are conducted. On April 14, 2025, the Romanian Senate adopted the Nordis Law in Romania, a legislative project aimed at reducing fraud in the real estate sector in Romania and protecting those interested in purchase of real estate in Romania. According to this new regulation, the advance that developers can request when signing a promise of sale and purchase agreement may not exceed 15% of the total value of the property, with the remaining payments staged—25% upon completion of the structure and another 25% when installations are finished. A particularly important aspect emphasized by the Nordis Law in Romania is the obligation to register promises of purchase of real estate in Romania in the land registry in Romania. The absence of this registration allows for the same property to be sold to multiple individuals, without the right of ownership in Romania being legally protected. Therefore, an updated land book excerpt in Romania becomes a fundamental tool in any due diligence report in Romania. Furthermore, the Nordis Law in Romania stipulates that advance payments must be kept in a bank account dedicated exclusively to financing building construction. Non-compliance with this condition results in severe penalties, including a fine amounting to 1% of the developer’s turnover. This measure aims to ensure financial transparency and reduce the risk of misappropriation of funds. In the event of the developer’s bankruptcy, the Nordis Law in Romania offers buyers the status of privileged creditors. However, due to the lack of precedence over secured creditors, the applicability of this provision remains limited. “Considering the increasing complexity of real estate transactions in Romania and the risks associated with cases like Nordis, the assistance of a real estate lawyer in Romania, real estate litigation lawyer in Romania, or property lawyer in Romania is no longer a mere advantage but an essential requirement for a secure purchase of real estate in Romania and effective protection of the right of ownership in Romania,” stated Dr. Radu Pavel, Coordinating Lawyer at the Romanian Law Firm Pavel, Mărgărit & Associates. Nonetheless, the law does not eliminate the risk of abusive contractual clauses in the agreements offered, which is why it is crucial for all property documents in Romania, including the sale and purchase agreement, construction authorization in Romania, and land registry excerpt in Romania, to be thoroughly reviewed as part of a full due diligence report in Romania. Proper implementation of this law could encourage safe purchase of real estate in Romania, where rights are protected and access to information is transparent. Without consulting a real estate lawyer in Romania or thoroughly reviewing essential property documents in Romania such as the sale and purchase agreement, land registry in Romania, and town planning certificate in Romania, the risks remain. Pavel, Mărgărit & Associates Romanian Law Firm is one of Romania’s leading law firms, delivering top-tier legal services. Its clientele includes prominent multinational and local companies. In 2025, the firm’s successful track record earned it international recognition from the most prestigious legal guides and publications. This year, Pavel, Mărgărit & Associates ranked 3rd in Romania in the Legal 500’s listing of business law firms with the most relevant expertise. The firm is also recognized internationally by IFLR1000 Financial and Corporate 2025. Furthermore, it is the only Romanian law firm recommended by the London-based Global Law Experts directory in the practice area of Dispute Resolution. All relevant information about Pavel, Mărgărit & Associates Romanian Law Firm can be found on their website: www.avocatpavel.ro.

The Procedure for Compensation in Points from ANRP According to official reports from the National Authority for Property Restitution (ANRP), compensation granted in the form of ANRP points is the most common solution when property restitution in Romania is not possible in kind. In February 2025, ANRP in Romania reviewed 161 property files in Romania and issued 88 ANRP decisions, totaling over 100 million points. Additionally, in May 2024, the institution issued 493 ANRP decisions, awarding more than 555 million ANRP points to beneficiaries. These figures highlight the scope of the process and the fact that ANRP points remain a central tool in the ANRP compensation mechanism. The ANRP compensation process begins with the submission of a claim from those who consider themselves entitled to property restitution in Romania. After reviewing the documentation and the legal basis, the National Authority for Property Restitution issues an ANRP decision, in which, if the claim is approved, the value of the compensation is determined in ANRP points. This value in ANRP points varies depending on several factors, including the type and estimated value of the claimed property, as well as standardized evaluation criteria established by the authority. Subsequently, these ANRP points can be converted into money, according to the applicable legal procedures. However, there are situations where beneficiaries believe that the evaluation does not reflect the true value of the property for which they are requesting ANRP compensation. In such cases, they have the right to appeal an ANRP decision. An ANRP lawyer can provide adequate legal advice, assist in preparing the case file, and represent the interests of the entitled person both before the institution and in any subsequent procedures. Real Estate Lawyer in Romania. How to Appeal an ANRP Decision In the event of receiving an ANRP decision in Romania and believe it does not accurately reflect the compensation value; you have the right to appeal it. A formal appeal in Romania can be submitted to the competent court. In this context, the support of a litigation lawyer in Romania with expertise in property restitution in Romania becomes essential, as the lawyer understands the applicable legal framework and can ensure the claimant’s rights are fully exercised. In court, the litigation lawyer in Romania will use all legal means to demonstrate that the compensation points in Romania were miscalculated or certain legal aspects were overlooked by the authorities. A real estate lawyer in Romania can also help analyze the property files in Romania and identify possible errors such as misclassification of property or miscalculation of the compensation points in Romania. Restitution Lawyer in Romania. The CNCI Procedure Another crucial aspect of the ANRP compensation process in Romania is the procedure before the CNCI in Romania (National Commission for the Compensation of Properties), which has the authority to analyze property files in Romania and intervene when there are discrepancies regarding the compensation points in Romania. The CNCI in Romania plays an important role in determining the final value of the compensations and in resolving disputes between applicants and the authorities. If a case is referred to CNCI in Romania, obtaining legal support from a dispute resolution lawyer in Romania or real estate lawyer in Romania becomes essential, as they can manage the legal documentation accurately and effectively defend the claimants’ interests before the commission. For specialized legal advice and representation from a lawyer experienced in ANRP cases in Romania, including appeals or representation before CNCI in Romania, do not hesitate to contact us via the form on our website: https://avocatpavel.ro/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us ANRP Lawyer in Romania. How Compensation Is Paid After the Decision The granting of an ANRP decision in Romania initiates the compensation payment process in Romania. Once the value of the compensation points in Romania is determined and accepted, payments will be made in accordance with prevailing legal regulations, either in full or in installments, depending on the specifics of the case. A real estate lawyer in Romania can offer detailed guidance on how these payments are made and the necessary steps to complete the process properly. “The ANRP compensation process has become increasingly technical and challenging to manage without in-depth legal knowledge. In this context, the support of a specialized lawyer is no longer just a useful resource, but a critical necessity for those seeking fair compensation,” — Dr. Radu Pavel, Managing Partner of Pavel, Mărgărit & Associates Romanian Law Firm. Obtaining compensation through ANRP in Romania and optimizing the value of compensation points in Romania is a complex process that demands a detailed understanding of the legislation and procedural steps involved. Whether you are filing an appeal, clarifying the real estate status in Romania, or appearing before the CNCI in Romania, each step requires precision and a strategic legal approach. Partnering with a property lawyer in Romania or a restitution lawyer in Romania is not just beneficial, but often necessary. A skilled legal expert can thoroughly analyze your case, identify irregularities, and support you throughout the process. Choosing a team with extensive expertise in ANRP compensation in Romania can make all the difference in securing the compensation you rightfully deserve. In conclusion, obtaining ANRP compensation and maximizing the value of ANRP points is a complex legal process that requires a detailed understanding of the legislative framework and procedural stages. Whether we are dealing with an ANRP decision contestation, clarification of real estate status, or representation before the CNCI, each step requires a rigorous approach. Working with an ANRP lawyer becomes not only useful but necessary, as they carefully analyze the file, identify any potential irregularities, and provide support throughout the process. Therefore, choosing a team with expertise in the ANRP field can be a significant advantage. Pavel, Mărgărit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2025, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Mărgărit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2025 guide. Additionally, Pavel, Mărgărit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Mărgărit and Associates Law Firm can be found on the website www.avocatpavel.com

Additional conditions for obtaining Romanian citizenship The process of obtaining Romanian citizenship has undergone significant changes in recent years, and statistical data clearly reflects this trend. Between 2018 and 2024, the number of Romanian citizenship application files fluctuated, with a steady increase during 2018-2019, but also a sharp decrease in approval rates in the following years. For example, in 2018, there were 93,787 applications, of which 88% were approved and 12% remained pending. In contrast, in 2023, only 0.37% of the 38,981 files were approved, the rest still being under evaluation. During the pandemic years (2020-2021), the number of applications dropped significantly due to the impact of social distancing and related restrictions. Thus, in 2020 only 20,871 files were submitted, and in 2021 this number slightly increased to 38,707. Nevertheless, the approval rate remained low. In 2024, 50,350 requests were submitted, but none were approved by the end of the year. The situation remained unchanged through March 2025, with 3,976 files currently submitted and none approved by the National Authority for Citizenship (ANC). This trend of increasing pending files and decreasing approval rates in Romania is directly influenced by recent legislative changes, which have introduced stricter conditions for obtaining Romanian citizenship. With the new legal provisions in place, the process of obtaining Romanian citizenship has become more rigorous, requiring applicants to meet new conditions for Romanian citizenship compared to previous years. One of the most important changes concerns Romanian language proficiency, which has now become a mandatory requirement for all applicants seeking to acquire Romanian citizenship by naturalisation in Romania or reacquisition of Romanian citizenship. Law no. 21/1991 on Romanian citizenship, particularly Articles 10 and 11, clearly stipulates that the applicant must demonstrate a certain level of competence in the Romanian language by presenting a language proficiency certificate issued by higher education institutions in Romania or other accredited institutions. In this context, an immigration lawyer in Romania plays a crucial role in the citizenship application in Romania process, providing lawyer advice in Romania and support throughout all phases. The Romanian law firm Pavel, Mărgărit & Associates provides specialized immigration services in Romania and legal assistance in the process of obtaining Romanian citizenship and representation before the National Authority for Citizenship or the Immigration Office. A Romanian citizenship lawyer ensures that every legal requirement, such as proof of Romanian language knowledge or other necessary conditions for Romanian citizenship, is fulfilled correctly and efficiently, minimizing both administrative and legal risks. Citizenship Attorney in Romania– Obtaining Citizenship by Birth The simplest way to obtain Romanian citizenship is by birth, for persons born on Romanian territory or whose parents are Romanian citizens. According to the law, individuals born on Romanian soil automatically acquire Romanian citizenship, except in certain special cases regulated by law. Similarly, those born outside Romania to Romanian parents have the right to acquire Romanian citizenship by birth, without needing to file a full citizenship application in Romania or meet any linguistic competence requirements. This is a much simpler and quicker process than naturalisation in Romania or reacquisition of Romanian citizenship, which impose significantly stricter conditions for obtaining Romanian citizenship. Romanian Citizenship Lawyer – Obtaining Citizenship by Naturalisation in Romania Naturalisation in Romania is the legal method by which foreign nationals can obtain Romanian citizenship, provided they fulfill the conditions imposed by the Romanian state. These conditions include legal residency in Romania for at least 8 years (or 5 years if married to a Romanian citizen), proof of Romanian language proficiency through certification (at least B1 level), and the applicant’s social and cultural integration. These requirements must be demonstrated through supporting documents such as employment proof, proof of social integration, and good legal conduct. For specialized lawyer advice in Romania and assistance from a citizenship attorney in Romania, including in cases of reacquisition of Romanian citizenship, please don’t hesitate to contact us via our online form: https://avocatpavel.ro/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us Applicants must prove they are capable of actively participating in Romanian social and cultural life. At the time of citizenship application in Romania file submission, they must include identity documents, proof of residency in Romania, a Romanian language certificate, and other relevant paperwork. Due to the lengthy duration of the procedure, the need for lawyer advice in Romania is essential to help navigate the complex regulations and the new conditions for obtaining Romanian citizenship. Immigration Attorney in Romania – Obtaining Citizenship by Reacquisition In cases of reacquisition of Romanian citizenship, individuals who previously held Romanian citizenship but lost it due to emigration or voluntary renunciation may submit a request to the National Authority for Citizenship. The loss of citizenship often stems from prior laws or personal decisions, and loss of citizenship must be reviewed before reinstatement. The reacquisition of Romanian citizenship follows an administrative procedure whereby the applicant can regain citizenship status, provided certain conditions for obtaining Romanian citizenship are met. These include residency in Romania, background checks on the reason citizenship was lost, and proof of Romanian language proficiency. Foreign citizens applying for reacquisition of Romanian citizenship must submit a complete file, similar to the naturalisation in Romania process. A Romanian citizenship lawyer can be of great help in preparing and submitting the necessary documents. An immigration attorney in Romania provides full assistance in the citizenship application in Romania process, guiding clients through all stages, especially with the new conditions for obtaining Romanian citizenship and other legal requirements enforced by the Romanian authorities. A naturalization lawyer in Romania works closely with the Immigration Office in Romania and other relevant institutions to ensure the documentation is accurate and complete, making the process as efficient as possible and protecting the applicant’s interests. “Obtaining Romanian citizenship is no longer a simple formality. The new requirements demand a careful and well-documented approach. The support of a specialized immigration lawyer consultation in Romania is not just an advantage, but a real necessity for those seeking to obtain Romanian citizenship.” — Dr. Radu Pavel, Managing Partner of Pavel, Mărgărit & Associates Romanian Law Firm In conclusion, the procedure of obtaining Romanian citizenship has become significantly more demanding due to the new legal requirements, focusing primarily on the real integration of applicants into Romanian society. Therefore, requesting immigration lawyer consultation in Romania or professional assistance from a citizenship attorney in Romania or naturalization lawyer in Romania is highly recommended. Legal support through experienced immigration services in Romania, offered by a dedicated immigration attorney in Romania, ensures that clients receive accurate lawyer advice in Romania tailored to their specific case, especially in the context of residency application in Romania or after loss of citizenship. The Romanian Law Firm Pavel Mărgărit and Associates provides specialized immigration services in Romania at every stage, from risk analysis and tax compliance to the drafting and submission of administrative complaints and representation in court. With a team of Romanian citizenship lawyers in Romania and naturalization lawyers in Romania, we ensure the protection of our clients’ interests by reducing financial risks and maintaining legal stability in the context of increasingly complex regulations. Pavel, Mărgărit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2025, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Mărgărit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2025 guide. Additionally, Pavel, Mărgărit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Mărgărit and Associates Law Firm can be found on the website www.avocatpavel.com.

What should investors know about how companies spend the money from the stock exchange? Listing on the Bucharest Stock Exchange represents a significant step for any company that aims to raise capital, expand, and strengthen its market position. However, once funds from investors are accessed, companies listed on Bucharest Stock Exchange are obligated to use these resources transparently and efficiently, in line with the information presented in the listing prospectus and in compliance with the Companies Law and capital market regulations. The Romanian Law Firm Pavel, Mărgărit and Associates provides top legal services in the M&A practice area, assisting clients in due diligence in Romania and capital market transactions, whether it concerns the transfer of shares in Romania, business share purchase agreement in Romania, contract reviewing in Romania, business transfers in Romania or other mergers and acquisitions in Romania (M&A in Romania). We support both investors and listed companies in managing legal and financial risks associated with capital market transactions. Corporate lawyer in Romania. What do directors of listed companies on the stock exchange need to know about the use of investments raised through listing? Directors must use the funds obtained from listing (transfer of shares in Romania and assets in Romania) strictly for the purposes presented to investors in the public offering prospectus. Altering the destination of the raised investments can have legal consequences, especially if there has been no prior notification and approval from shareholders. Listed companies on the Bucharest Stock Exchange are required to publish periodic financial reports and information regarding the use of the raised funds, in accordance with the requirements of the Financial Supervisory Authority (ASF) and the Bucharest Stock Exchange. Administrators must act with due diligence in Romania, in the interest of the company and all shareholders. Unjustified expenditures, risky investments or lack of proper documentation for decisions can lead to the directors’ liability. The Romanian Law Firm Pavel, Mărgărit and Associates offers specialized legal services to assist directors and listed companies on the Bucharest Stock Exchange in ensuring compliance with legal obligations regarding the use of investments raised from listing and dividends for shareholders in Romania. Our team of business lawyer in Romania, corporate lawyer in Romania and company lawyer in Romania provides legal advice on drafting and contract reviewing in Romania, managing shareholder relations, ensuring compliance with the fund usage objectives stated in the prospectus, conducting due diligence in Romania and assisting in business share purchase agreement in Romania, transfer of shares in Romania and assets in Romania and other capital market operations for a joint stock company in Romania. Company lawyer in Romania. Due Diligence in Romania When purchasing or selling shares, any investor must carefully assess all legal implications of the transaction. A merger or acquisition in Romania (M&A in Romania) transaction is not limited to the transfer of transfer of shares in Romania and assets in Romania but also involves a thorough evaluation of potential risks and the preparation of a due diligence in Romania report. In this context, the support of an M&A lawyer is essential to ensure compliance with the provisions of the Companies Law and the applicable legal framework. The due diligence report should include an analysis of existing shareholders, examination of the company’s tax situation, and analysis of all commercial contracts. An experienced company lawyer will check for any ongoing litigation, analyze potential risks, and assist the client throughout the entire procedure. The Romanian Law Firm Pavel, Mărgărit and Associates offers top legal services for M&A transactions, capital market transactions and due diligence in Romania. Business lawyer in Romania. What should investors know about how companies spend the money from the stock exchange? The prospectus is the essential document that a company must prepare when listing on the Bucharest Stock Exchange and it is the primary source of information for investors regarding the company’s activities, financial situation, investment risks and how the funds raised from listing will be used in order to receive dividends for shareholders in Romania. The prospectus includes detailed information about the company, its shareholder structure, management team, relevant financial data, objectives of the public offering (how the raised funds will be used, for example, for investments, expansion or acquisitions), as well as legal, financial and market risks. The prospectus aims to protect investors and ensure the transparency of the listing process, serving as an essential legal tool in capital market transactions and for companies seeking to attract investments in Romania. “The experience of our team of corporate lawyers in Romania in mergers and acquisitions in Romania, M&A in Romania, contract reviewing in Romania, business transfers in Romania, share purchase agreement in Romania, transfer of shares in Romania represents a competitive advantage for any investor or company involved in capital market transactions,” said Dr. Radu Pavel, Managing Partner of The Romanian Law Firm Pavel, Mărgărit and Associates. The Romanian Law Firm Pavel, Mărgărit and Associates provides comprehensive legal assistance in M&A transactions, due diligence, contract reviewing in Romania, business transfers in Romania, start a business in Romania such as a joint stock company in Romania, sale a company in Romania and legal advice for Bucharest Stock Exchange listed companies. Don’t hesitate to contact us by visiting our contact page at https://avocatpavel.com/contact/. Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs. Contact Us Transparency and legal compliance are essential for protecting investors’ interests and ensuring the long-term success of a company listed on the Bucharest Stock Exchange. Once these funds are accessed, listed companies must use the raised resources in accordance with the objectives presented to investors in the public offering prospectus, respecting the regulations imposed by the Companies Law and the regulatory authorities such as the Financial Supervisory Authority (ASF) and the Bucharest Stock Exchange. In this context, The Romanian Law Firm Pavel, Mărgărit and Associates provides top legal advice for listed companies, supporting directors and investors in the due diligence process, investments in Romania, M&A transactions and ensuring that all operations comply with the current legislation. Our corporate lawyers in Romania, business lawyers in Romania and company lawyers in Romania provide full services for Bucharest Stock Exchange listed companies, from analyzing shareholder structures to verifying tax and contractual obligations, to preparing the necessary documentation. Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.