Dreptul afacerilor
On the International Day of Families, the article analyzes the role of the family in the continuity of a business and the major risks when the business depends entirely on a single person and a single signature. Critical situations (illness, accident, temporary incapacity or death) that can block operations, bank relations, contracts and current decisions are highlighted. The material proposes directions for legal prevention to protect the entrepreneur's family and the company, through early planning and clear decision-making and representation mechanisms. It is a real opportunity to reflect on your own situation and look for solutions if you have not yet managed to secure your family situation, in case of "something unforeseen".
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Briefly and to the point, for those who want to close a company, we analyze the two possible paths: company dissolution versus insolvency proceedings. It is a useful and concise guide for anyone who wants to understand which of the 2 options is suitable for their specific situation. We can provide you with support as lawyers and judicial administrators.
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From September 1, 2025, the VAT exemption threshold has increased to 395,000 lei.
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In this article, the firm's senior attorney explores the concept of suretyship and its implications in the context of financial obligations. The analysis is made from the perspective of 20 years of legal experience in business law, but in accessible terms, understandable to everyone. Find out how this legal institution influences the relationships between the parties involved, as well as the long-term consequences for the surety.
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